[2019-2026] Control Cable Market Research by Top Companies Growth Metrics (Revenue Vs Share)

Control cable is a multistrand cable that is used for transmission of information on the state, location, or operating conditions of objects being controlled. It is used where direct access to such objects is difficult or impossible. They occupy an intermediate position between power and communication cables.

Control cable are widely used to connect electric instruments and apparatus, for secondary switching of remote-control starters and regulators, for protective relaying, and in automation. Unlike power cables that transmit low as well as high energy, control cables distribute signals or data having low voltage. Generally, control cable is isolated with a braided shield, foil shield, or a combination of the two. The control cables should be flexible so that they can be routed in a product correctly. The rise in inclination towards process automation in different industries is the key factor that drive the growth of the control cable market.

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The major companies profiled in the control cable market share include Belden Inc., Thermo Cables Pvt. Ltd, General Cable Technologies Corporation, Texcan, Multi/Cable Corporation, Teldor Cables & Systems Ltd., Nexans, Techno Flex Cables, Orient Cables (India) Pvt. Ltd., Prysmian S.P.A., Datafield Industries, and others.

Automotive control cable is one of the essential parts of the vehicle without which the operation of vehicle is difficult. Therefore, continuous improvements in physical and chemical properties of control cable are carried out to improve its performance, reliability, and durability. The control cables are used as an interconnecting cable in several industrial applications. Therefore, increase in demand for control cables from the building & construction industry as well as rail & transport networks are expected to boost the control cable market growth.

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However, high installation costs of control cables restrain the growth of the market. Furthermore, increase in demand for specialized applications such as bulk handling equipment, marine, construction plant, agricultural, motor sport, and road transport industries are anticipated to provide lucrative growth opportunities to the control cable market.

Some of the factors that drive the growth of the control cable market include rise in inclination toward process automation in different industries, increase in infrastructure spending, and growth in applications of control cables. However, high installation costs of control cables are expected to restrain the market growth during the forecast period.

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The control cable market is segmented based on type, application, materials, and region.

Based on type, the market is categorized into CY cable, YY cable, SY Cable, LiYCY cable, LiYY cable, LiHH cable, and LiHCH cable. Based on application, it is divided into conveyor systems, assembly links, robotics, production lines, air conditioning systems, machine tool manufacturing, power distribution, and others. Based on materials, it is classified into polyvinyl chloride (PVC), polyurethane (PUR), thermoplastic elastomers (TPE), and others. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.

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