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Automotive Cables Market Opportunities & Strategies 2022: Comprehensive Analysis, Industry Dynamics, Key Driving Factors And Future Trends || Sumitomo Corporation, Leoni AG, Lear Corporation
Automotive Cables Market
According to The Business Research Company's automotive cables market report, the global automotive cables market reached a value of nearly $5,068.6 million in 2021, having grown at a compound annual growth rate (CAGR) of 4.0% since 2016. The global automotive cables market size is expected to grow from $5,068.6 million in 2021 to $7,014.7 million in 2026 at a rate of 6.7%. The global automotive cables market size is then expected to grow at a CAGR of 8.3% from 2026 and reach $ 10,461.9 million in 2031.
Growth of population globally is expected to drive the demand for automotive cables going forward. An increase in population boosts the need for various transportation methods, including automotive. With increasing population, the trade and commerce activities increase globally driving demand for a number of commercial vehicles used in logistics, construction, agriculture and others. According to data from the UN, the world population is expected to reach 9.8 billion by 2050.
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The automotive cables market is segmented -
• By Product Type: Copper Core, Aluminum Core, Other Product Types
• By Sales Channel: Direct Channel, Distribution Channel
• By Application: Automotive Primary Wire and Battery Cable, Brake Cable, Trailer Cable, Car Speaker Wire, Fusible Link Wire
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the global automotive cables market.
Major competitors in the automotive cables market include Sumitomo Corporation, Prysmian Group - General Cable, Leoni AG, Lear Corporation, Aptiv Group - Delphi Automotive PLC
See The Full Automotive Cables Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-cables-market
The automotive cables market consists of sales of automotive cables by entities (organizations, sole traders and partnerships) that power electric devices and equipment in automobiles including passenger and commercial vehicles. Automotive cables transmit electricity to power various devices in a vehicle and are found in a variety of applications including lights, ignition, battery charging, starter motor, steering column, motorized mirrors, power windows, stereo systems, communication, sensors and many more.
The Table Of Content For The Automotive Cables Market Include:
1. Automotive Cables Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
7. Automotive Cables Market Characteristics
……
20. Global Automotive Cables Market Competitive Landscape
21. Key Mergers And Acquisitions In The Automotive Cables Market
22. Automotive Cables Market Opportunities And Strategies
23. Automotive Cables Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Automotive Cables Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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