Wire and Cable Market– Future Scope,Industry Trends and Forecast to 2026

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Wire and Cable Market Future Scope,Industry
Trends and Forecast to 2026
Wire and Cable Market By Voltage (Low, Medium,
High, Extra High), Installation (Overhead,
Underground), End-Use (Aerospace Defense,
Automotive, Building Construction, Oil Gas,
Energy Power, IT Telecommunication, Others),
Material (Copper, Aluminium, Glass, Others),
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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Report Description
Global Wire and Cable Market is expected to rise
from its initial estimated value of USD 201.76
billion in 2018 to an estimated value of USD
332.65 billion by 2026, registering a CAGR of
6.45 in the forecast period of 2019-2026.
Increasing demand of wire and cable from various
end- users is the major factor for the growth of
this market. Wire is a piece of metal that is
used to carry electric current on the other hand
cable contain number of wires inside a plastic or
rubber which is used to carry electric signals.
Copper, aluminium, plastics and alloys are the
material which is used to make this wires and
cables. They are widely used in industries like
defence and gas, oil, automotive etc. These days,
due to increasing residences and houses in the
developing countries, there is increase in the
use of the wires and cables.
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Major Key Players

• Some of the major players operating in this
  market are
• Prysmian Group
• HENGTONG GROUP CO.,LTD.
• FURUKAWA ELECTRIC CO., LTD.
• Sumitomo Electric Industries, Ltd.
• General Cable Technologies Corporation
• TPC Wire Cable Corp
• LS Cable System Ltd
• Polycab.com

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Market Segmentation

• By Voltage (Low, Medium, High, Extra High)
• By Installation (Overhead, Undergrouns) 
• By End-Use (Aerospace Defense, Automotive,
  Building Construction, Oil Gas, Energy
  Power, IT Telecommunication, Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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