Press release
Automotive Cables Global Market By Material Type, By Vehicle Type, By Voltage, By Installation, By End-Use And Regional Forecasts, 2023-2032 | Sumitomo Corporation, Coficab Tunisie SA, Leoni, Delphi Automotive PLC., General Cable
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the automotive cables market report by The Business Research Company, the increasing demand for automobiles promotes the growth of the automotive cable market. Automotive cables are used in automobiles for starting, charging, lighting, signaling, and in instrument panel circuits.
The global automotive cables market will grow from $5.4 billion in 2022 to $5.75 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive cables market is expected to grow to $7.51 billion in 2027 at a CAGR of 6.9%.
Read More On The Automotive Cables Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-cables-global-market-report
Major competitors in the automotive cables market include Sumitomo Corporation, Coficab Tunisie SA, Leoni, Delphi Automotive PLC., General Cable, Furukawa Electric, Lear Corporation, Coficab Group, Yazaki Corporation, and Allied Wire & Cable Inc.
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, the Middle East, and Africa. Asia-Pacific was the largest region in the Automotive cables market.
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Automotive cables are defined as flexibles used for data transmission and electrical connections in automobiles that are made of aluminum alloy to reduce the weight of the cables in an automobile. Automotive cables are used in lighting, in instrumental panel circuits in automobiles. Automotive cables are used as battery cables, multimedia, coaxial cables, multi-core screened cables, and sheathed ABS Sensor cables.
The Table Of Content For The Automotive Cables Market Include:
1. Executive Summary
2. Automotive Cables Market Characteristics
3. Automotive Cables Market - Macro Economic Scenario
4. Automotive Cables Market Size And Growth
5. Automotive Cables Market Segmentation
.....
26. Automotive Cables Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Automotive Cables Market
28. Automotive Cables Market Trends And Strategies
29. Automotive Cables Market Future Outlook and Potential Analysis
30. Appendix
The "Global Automotive Cables Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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