Press release
Cable Drum Market expected to hit USD820.11 Mn by 2029 during the forecast period
Cable Drum Market
Cable Drum Market Scope and Research Methodology
The Cable Drum Market report provides well-informed decisions on the investment feasibility, competitive landscapes and business strategies by major key manufacturers such as Cable Equipements, Hannay Reels, Coxreels and Reelcraft Industries. The Cable Drum Market report provides a detailed analysis of the market through usage, type, end user, segments: Type, mechanism and their multiple sub-segments. The Cable Drum Market report includes pricing analysis, gross income, market share and mergers and acquisitions happening in the market. The bottom-up approach is used to estimate the size of the Cable Drum Market by value and volume. Primary and secondary research methods were used to collect the data. Primary research involves data from interviews with market leaders, senior research analysts. The data from white papers of organization, public records and annual reports has been collected in secondary research. The collected data later analysed through qualitative and quantitative analysis.
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The development in oil and gas industry are driving the Cable Drum Market
An increase in the use of cables in the construction industry and increased government electricity expenditures across the geographic countries are expected to drive the Cable Drum Market. The automotive and manufacturing industries heavily depend on industrial automation wires. The usage of cables in drive circuits, portable power & cord goods, industrial ethernet cables, instrumentation & control cables are expected to drive the market for Cable Drum Market. Growing usage and adoption of 5G network and increased market penetration of smartphones are expected to drive the Cable Drum Market growth over the forecast period. Limited availability of raw material and lack of awareness about the benefits of cable drums are expected to constrain the growth of the Cable Drum Market.
Asia Pacific held the largest Cable Drum Market share of 38 percent in 2021
Growing underground electricity and telecommunication network in developing economies such as India, China, Malaysia and Vietnam is contributing to the increase in demand for Cable Drum Market. The need for cable drums in the region is being driven by a significant growth in industrial operations and increase in a variety of industries such as automotive, equipment manufacturing, and power generation.
Additionally, the growth in demand for fibre optics and other cables is expected to drive the North American Cable Drum Market at a CAGR of 5.3 percent throughout the forecast period.
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Cable Drum Market Segmentation
By Type:
Wooden Cable Drums
Plywood Cable Drums
Plastic Cable Drums
Steel Cable Drums
By Mechanism:
Manual
Motorized
Global Cable Drum Market Key Players Include:
Bryant Unlimited
Cable Equipements
Conductix-Wampfler
Coxreels
Hannay Reels
Hildebrandt Group
Nicoletti
Schill GmbH & Co. Kg.
Schwabe GmbH
Svenssongroup
Eshal Traders & Co.
Eaton
LANCIER CABLE GmbH
Molex, LLC
Nederman Holding AB
Reelcraft Industries
Topring
United Equipment Accessories
Zeca S.P.A
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Table of content for Global Cable Drum Market:
Global Cable Drum Market: Research Methodology
Global Cable Drum Market: Executive Summary
Market Overview and Definitions
Introduction to Global Cable Drum Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Cable Drum Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Cable Drum Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Mechanism (2021-2029)
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Regional Cable Drum Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Mechanism (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Mechanism
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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