Press release
Global Instrumentation Cables Market to 4.09% CAGR to 2021 – Analysis of Belden, General Cable, Nexans, and Prysmian Group
The research analysts forecast the global instrumentation cables market to grow at a CAGR of 4.09% during the period 2017-2021.
Instrumentation cables are used to convey low-energy electrical signals for monitoring and controlling electrical power systems. The functions of measurement and control are dependent on the electronic circuitry. These cables possess electrical, thermal, and physical properties and are designed to face harsh conditions like flames or surface abrasion.
Instrumentation cables find applications in industrial manufacturing plants to connect electrical instrument circuits and provide communication services for process plants with detailed signal transfer. They also find applications in power plants, steel casting industry, oil refineries, building of ship deck machinery, rolling stock, telecommunication signals, and others. The demand for instrumentation cables is primarily driven by the need for power due to growing industrialization.
Get more details about report at https://www.marketresearchnest.com/global-instrumentation-cables-market-2017-2021.html
Technavio recognizes the following companies as the key players in the global instrumentation cables market: Belden, General Cable, Nexans, and Prysmian Group
Other Prominent Vendors in the market are: ALLIED WIRE & CABLE, KEI Industries, Olympic Wire & Cable, RPG CABLES, RS Components, Southwire Company, TE Connectivity, and TELDOR Cables & Systems
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased power generation from nuclear energy. Instrumentation cables are used for digital or analog transmission from various types of transducers. Governments across the globe are making efforts to rely less on thermal power generation, which has led to the increased adoption of nuclear power generation.
Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=264849
(This is premium report, Single User License – USD 3500 and Corporate User License – USD 6000)
According to the report, one of the major drivers for this market is Expansion of railways. Rolling stock in railways is the suspension system that connects the transportation equipment to the wheels. Instrumentation cables are used in the rolling stock to pass signals between the rail bogies and wheels. The increased demand for comfortable travel and the introduction of technology-driven rail compartments and smart rail have led to the growth in demand for railway services across the globe.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuating raw material prices. The primary raw materials that are used in manufacturing an instrumentation cable are aluminum and copper. All instrumentation cable vendors incur a major part of their manufacturing cost to acquire these raw materials. The total cost of copper and aluminum metals account for roughly 50% of the total production cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Inquire before buying this report at https://www.marketresearchnest.com/enquirybuy.php?reportid=264849
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on global industries, organizations, products, and trends.
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070 / +44-20-3290-4151
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Instrumentation Cables Market to 4.09% CAGR to 2021 – Analysis of Belden, General Cable, Nexans, and Prysmian Group here
News-ID: 755179 • Views: …
More Releases from Market Research Nest
Condoms Market Witness Highest Growth in near future| Leading Key Players: Durex …
MarketResearchNest.com adds “In-depth Research Report of Global Condoms Market (2019 Version)” new report to its research database. The report spread across 127 pages with multiple tables and figures in it.
This report studies the Condoms market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find…
Future of Business Travel Insurance Market – A comprehensive study by Key Play …
MarketResearchNest.com adds “Global Business Travel Insurance Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 76 pages with multiple tables and figures in it.
This report studies the Business Travel Insurance market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key…
Excellent Growth of Building Energy Management Systems Market Key Players- Schne …
MarketResearchNest.com adds “Global Building Energy Management Systems Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 83 pages with multiple tables and figures in it.
This report studies the Building Energy Management Systems market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities…
Applicant Tracking Software Market is expected to double its market size in Upco …
MarketResearchNest.com adds “Global Applicant Tracking Software Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 100 pages with multiple tables and figures in it.
This report studies the Applicant Tracking Software market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key…
More Releases for Instrumentation
Coronavirus's Impact On Geotechnical Instrumentation Market
Geotechnical instrumentation is a fundamental component of surface and underground mining engineering. It helps in dealing with instruments which helps in construction of a project by taking care of various aspects such as strain, pressure, load, stress, vibration, and other parameters, which can assure the optimal and safe construction of a project. Additionally, it helps in checking the ground feasibility for design purpose and design calculations of a project. The…
Instrumentation Valves and Fittings Market: Rising Implementation of Process Ins …
Instrumentation valves and fittings form an imperative part of a manufacturing unit. They are used across manufacturing plants of various industries such as oil and gas, chemical, paper and pulp, food and beverages, pharmaceuticals, and semiconductor. The flourishing growth of these industries is, therefore, one of the primary factors driving the market. The rising trend of automation is stimulating the deployment of advanced valves and fittings. There are various types…
An Overview of Chromatography Instrumentation Market
The Europe Chromatography Instrumentation market has been estimated at USD 2.03 Billion in 2016 and is projected to reach USD 2.63 Billion by 2021, at a CAGR of 5.40% during the forecast period from 2016 to 2021.
Chromatography is one of the most common laboratory techniques, which is used for separation of mixtures. This separation is carried out with help of multiple instruments, which are used in various phases of…
Global Instrumentation Metering Valve
Report Hive Market Research Released a New Research Report of 163 pages on Title "Global Instrumentation Metering Valve" with detailed Analysis, Forecast and Strategies.
A valve is a gadget that manages, coordinates or controls the stream of a liquid (gasses, fluids, fluidized solids, or slurries) by opening, shutting, or in part impeding different paths. Valves are actually fittings, however are generally examined as a different class. In an open valve,…
Global Automation Instrumentation Market
Automation is the use of several control systems for operating equipment such as boilers and heat treating ovens, machinery, switching in telephone networks, stabilization and steering of aircraft, ships and other applications with reduced or minimal human intervention. Automation saves labor and energy and improves quality and precision. Automation can be broadly divided into process and discrete automation. Instrumentation is the science and art of control and measurement of…
Instrumentation Valves And Fittings Market - Rising Implementation Of Process In …
Global Instrumentation Valves and Fittings Market: Overview
Instrumentation valves and fittings form an imperative part of a manufacturing unit. They are used across manufacturing plants of various industries such as oil and gas, chemical, paper and pulp, food and beverages, pharmaceuticals, and semiconductor. The flourishing growth of these industries is, therefore, one of the primary factors driving the market. The rising trend of automation is stimulating the deployment of advanced…
