Harrisburg, NC -- (SBWIRE) -- 10/15/2020 -- Wires And Cables Global Market Report 2020 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The global wires and cables market is expected to decline from $236.2 billion in 2019 to $232.7 billion in 2020 at a compound annual growth rate (CAGR) of -1.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $293.8 billion in 2023.
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Top Leading Companies Mentioned are Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric, Leoni AG, Southwire Company LLC.
Prysmian Group launches CPR compliant network cable: easy to install, Draka Cat. 6 cable is specific for the application in public sector buildings:
The Prysmian Group, the world's largest cable manufacturer, is expanding its portfolio with the Draka UC400 23 Cat.6 U/UTP LSHF D64 Cca network cable. The newly developed cable from BU Multimedia Solutions reliably and comprehensively meets all equirements of the European fire protection class Cca s1a d1 a1 of the Contruction Products Regulation (CPR). Internal and external test laboratories have verified this in several test runs. With a cable diameter of 5.9 mm and the provision in a Reelex box, the lightweight and flexible Draka Cat.6 U/UTP Cca D64 is particularly easy to install. The electrical performance complies with category 6 of EN 50173 and EN 50288. The new network cable is primarily used in public sector buildings (schools, hospitals, airports, etc.) and office buildings.
Polymer optic fiber is widely being used in automotive, aircraft manufacturing, electronics and other industries apart from telecommunications industry. Polymer optic fiber which is similar to glass optic fiber is made with polymer and transmits light through the core of fiber. It comprises polymethyl methacrylate(PMMA) which facilitates light transmission along with fluorinated polymers which is the cladding material. Polymer optic fibers are light weight and comparatively less expensive and support bit rates of upto 10Gbps .Polymer optic fiber applications include Internet Of Things, home networking, sensors for structural health monitoring. Major companies offering polymer optic fiber include the following Mitsubishi Rayon, Asahi Kasei, Asahi Glass and Fujifilm.
The communication and energy wire and cable manufacturing market consists of sales of communication and energy wires and cables by entities (organizations, sole traders and partnerships) that produce insulating fiber optic cable, and insulated nonferrous wire and cable from nonferrous wire drawn in other establishments.
This report provides a detailed analysis of the Wires And Cables market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Wires And Cables Industry:
Wires And Cables Market Sales Overview.
Wires And Cables Market Sales Competition by Manufacturers.
Wires And Cables Market Sales Analysis by Region.
Wires And Cables Market Sales Analysis by Type.
Wires And Cables Market Analysis by Application.
Wires And Cables Market -Manufacturers Analysis.
This independent 450 pages report guarantees you will remain better informed than your competition. With over figures examining the Wires And Cables market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2030.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Wires And Cables in these regions, from 2015 to 2030(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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Furthermore, the report provides a detailed analysis of the global Wires And Cables market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Wires And Cables market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Key Points of this Report:
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The research includes historic data from 2015 to 2020 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Wires And Cables on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Wires And Cables Market and assist manufacturers and investment organization to better grasp the development course of Wires And Cables Market.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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