Title: South Africa Wires and Cables Market - Forecast(2021 - 2026)
1South Africa Wires and Cables Market
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- South Africa Wires Cables Market size is
projected to reach US7.46 billion by 2026, and
it is estimated to grow at CAGR of 4 during
2021-2026. - The major growth factor is attributed to the
rising demand for wires and cables in automotive
industry for various applications and increased
adoption in IT Telecommunications to transfer
data and provide high-end communication between
the end points. The rising demand for Corning
cable providing end-to-end fiber optic cable
solutions as optical waveguide for high speed
communication network working on the principle of
total internal reflection offering
high-performance and reliability of networks is
augmenting the market.
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- Key Takeaways
- Copper wire and cable dominated the market in
2020 acquiring a share of 41 in 2020. - Automotive sector is estimated to witness the
highest growth during 2021-2026 owing to the
growing demand for advanced electronic devices in
vehicles. -
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By Distribution Channel- Segment Analysis By
material type, South Africa Wires Cables Market
has been segmented into copper, aluminum, fiber
optic and others. Copper wire and cable held the
largest market share of 41 in South Africa in
2020 due to its bolstering demand in power
generation, distribution and transmission,
electronic circuitry, telecommunications sector.
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- South Africa Wires and Cables Market Industry
Outlook - STMicroelectronics,
- Renesas Aberdare Cables Limited
- CBI - electric African Cables Limited
- B W Instrumentation and Electrical Limited
- CCG Cable Terminations Pvt Ltd
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South Africa Wires and Cables Market -
Forecast(2021 - 2026) Learn More About the Report
_at_ https//www.industryarc.com/Report/19463/south
-africa-wires-and-cables-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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