Press release
Wires And Cables Market 2020 Overview and Competitive Analysis by Top Brands - Sumitomo Electric Industries Ltd; Prysmian Group; Furukawa Electric
Wires And Cables Global Market Report 2020-30: Covid 19 Impact and RecoveryPolymer optic fiber is widely being used in automotive, aircraft manufacturing, electronics and other industries apart from telecommunications industry. Polymer optic fiber which is similar to glass optic fiber is made with polymer and transmits light through the core of fiber. It comprises polymethyl methacrylate(PMMA) which facilitates light transmission along with fluorinated polymers which is the cladding material. Polymer optic fibers are light weight and comparatively less expensive and support bit rates of upto 10Gbps .Polymer optic fiber applications include Internet Of Things, home networking, sensors for structural health monitoring. Major companies offering polymer optic fiber include the following Mitsubishi Rayon, Asahi Kasei, Asahi Glass and Fujifilm.
The global wires and cables market is expected to decline from $236.2 billion in 2019 to $232.7 billion in 2020 at a compound annual growth rate (CAGR) of -1.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $293.8 billion in 2023.
Asia Pacific was the largest region in the global wires and cables market, accounting for 52% of the market in 2019. North America was the second largest region accounting for 18% of the global wires and cables market. Africa was the smallest region in the global wires and cables market.
Top Leading Companies mentioned are
Sumitomo Electric Industries Ltd; Prysmian Group; Furukawa Electric; Leoni AG; Southwire Company LLC
The communication and energy wire and cable manufacturing market consists of sales of communication and energy wires and cables by entities (organizations, sole traders and partnerships) that produce insulating fiber optic cable, and insulated nonferrous wire and cable from nonferrous wire drawn in other establishments.
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Latest News and Developments:
December 11, 2019: PIC Wire & Cable, a division of The Angelus Corporation, received a 2019 Military & Aerospace Technology Innovator Award in recognition of its new MACHFORCE connector’s unique design and contribution to solving high-speed data interconnect challenges. PIC Wire & Cable designs specialty, high performance interconnect solutions and recently expanded product offerings with a new line of advanced data connectors. In October 2019, the new MACHFORCE connector product line was released at the Association of the United States Army (AUSA) 2019 Annual Meeting.
Market Segmentation by Types:
1) By Type: Other Cables; Coaxial Cables; Fiber Optical Cable
2) By End-Use Industry: Energy; Telecommunications; Building & Construction; Industrial Manufacturing; Automotive; Medical Equipment; Others
3) By Sales Channel: OEM; Aftermarket
4) By Mode: Online; Offline
Subsegments Covered: Insulated Cables; Shipboard Cables; Aircraft And Automotive Cables; Single-Mode Fiber Cable; Multimode-Fiber Cable
This report provides a detailed analysis of the Wires And Cables market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Essential points covered in Global Wires And Cables Market2020 Research are: -
• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global Wires And Cables market?
• What are the key markets trends impacting the growth of the global Wires And Cables market?
• What are the challenges to market growth?
• Who are the key vendors in the global Wires And Cables market?
• What are the market opportunities and threats faced by the vendors in the global Wires And Cables market?
• What are the key outcomes of the five forces analysis of the global Wires And Cables market?
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This independent 300 pages report guarantees you will remain better informed than your competition. With over figures examining the Wires And Cables market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2020.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Wires And Cables in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Furthermore, the report provides a detailed analysis of the global Wires And Cables market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
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Reasons for Buying this Report:
• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for Lithium-Ion Batteries.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order.
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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Wires And Cables on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Wires And Cables Market and assist manufacturers and Wires And Cables organization to better grasp the development course of Wires And Cables Market.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales)-Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision-making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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