Automotive Cable Market Is Booming Worldwide | Furukawa Electric, Shanghai Shenglong, Fujikura

The latest study released on the Global Automotive Cable Market by AMA Research evaluates market size, trend, and forecast to 2030. The Automotive Cable market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Key Players in This Report Include: Yazaki Corporation (Japan), Sumitomo Electric Industries, Ltd. (Japan), Aptiv PLC (Ireland), Leoni AG (Germany), Coficab (Tunisia), General Cable (United States), Furukawa Electric Co., Ltd. (Japan), Fujikura Ltd. (Japan), YURA Corp (Slovakia), Shanghai Shenglong (China).

Definition: The automotive cable is used for electrical wiring in motorcycles, automobiles, and other motor vehicles in applications including starting, charging, lighting, signaling, and instrument panel circuits. The increased number of vehicles-in-use results from increased longevity and from more sales of new cars. There are almost 1.2 billion cars and light trucks in use globally. This has led to significant growth in the global automotive cable market in the forecast period.

In September 2022, Aptiv PLC, a global technology company focused on making mobility safer, greener, and more connected, acquired an 85% stake in Intercable Automotive Solutions, a subsidiary of Intercable S.r.l., for €595 million. adjustment. Headquartered in Brunek, Italy, with manufacturing facilities in Europe and Asia, Intercable Automotive Solutions is an industry leader and pioneer in high-voltage power distribution and high-precision connection technology.

Market Opportunities:
Technological Advances in the field of Automotive Assembly Line
Increase the Efficiency of the Wire Harness Design in Terms of Cost and Time

Market Trends:
Increase in the Electrical and Electronic Content in the Automobiles

Market Drivers:
Rising demand and number of new registrations vehicles per year in developed and developing economies especially in Southeast Asia and India are driving the growth of the global automotive cable market. Approximately nearly 77 million automobiles sold out in 2019.

The Global Automotive Cable Market segments and Market Data Break Down are illuminated below: by Type (Automotive Primary Wire and Battery Cable, Brake Cable, Trailer Cable), Application (Passenger Vehicle, Commercial Vehicle, Electric Vehicle), Cables Type (Single Core, Multi-Core), Material (Copper, Aluminum, Others)

Global Automotive Cable market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
-To carefully analyze and forecast the size of the Automotive Cable market by value and volume.
-To estimate the market shares of major segments of the Automotive Cable
-To showcase the development of the Automotive Cable market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Automotive Cable market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Automotive Cable
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Automotive Cable market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Automotive Cable Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Automotive Cable market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Automotive Cable Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Automotive Cable Market Production by Region Automotive Cable Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Automotive Cable Market Report:
Automotive Cable Overview, Definition and Classification Market drivers and barriers
Automotive Cable Market Competition by Manufacturers
Automotive Cable Capacity, Production, Revenue (Value) by Region (2023-2028)
Automotive Cable Supply (Production), Consumption, Export, Import by Region (2023-2028)
Automotive Cable Production, Revenue (Value), Price Trend by Type {Automotive Primary Wire and Battery Cable, Brake Cable, Trailer Cable}
Automotive Cable Market Analysis by Application {Passenger Vehicle, Commercial Vehicle, Electric Vehicle}
Automotive Cable Manufacturers Profiles/Analysis Automotive Cable Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
How feasible is Automotive Cable market for long-term investment?
What are influencing factors driving the demand for Automotive Cable near future?
What is the impact analysis of various factors in the Global Automotive Cable market growth?
What are the recent trends in the regional market and how successful they are?

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This release was published on openPR.