Market Overview:
The global sense cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the sense cable market can be attributed to the increasing demand for energy and rising awareness about safety and security. In terms of type, the low voltage sense cable segment is expected to lead the market during the forecast period, owing to its low installation cost and easy installation process. In terms of application, industrial & energy sector is expected to lead the market during the forecast period, owing to increased demand for electricity across various industries.
Product Definition:
A sense cable is a cable used to collect information about the environment in which it is installed. The information collected by the sense cable can be used to improve the performance of systems that rely on that information, such as manufacturing processes or transportation systems.
Low Voltage Sense Cable:
Low voltage sense cable is a power monitoring device used to monitor the voltage of an electric circuit. It's major applications are in transformers, switch mode power supply, and electronic equipment. Sense cables are widely used in industrial automation and motor control systems as they provide accurate information regarding the operating condition of electrical components.
Medium Voltage Sense Cable:
The medium voltage sense cable is used to monitor the voltage Sense of Medium Voltage (SMV) cables. It monitors the current flow in the conductor of an electric power network and provides a signal with a particular pattern when there is an abnormal current flow in the system. The cable consists of two conductors; one is connected to equipment that detects abnormal currents, while other end connects to protective devices or systems that take action based on whether current flowing through them is within normal limits or not.
Application Insights:
The industrial and energy segment dominated the global sense cable market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for power cables from various industries such as oil & gas, petrochemicals, etc. Furthermore, growing investments by governments in R&D activities pertaining to electric vehicles is expected to boost product demand over the forecast period.
Commercial application accounted for a significant share of the overall market owing to an increase in commercial construction activities across regions including Asia Pacific and Middle East & Africa. Moreover, rapid urbanization coupled with rising disposable income levels has resulted in an increased number of shopping malls and supermarkets which have necessitated high voltage power supply systems across regions including Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in industrialization, which has led to an increase in demand for power distribution cables. China and Japan are among the largest consumers of power distribution cables owing to their heavy industries.
The Middle East & Africa is also anticipated to witness significant growth over the next eight years owing to rapid development taking place across several countries including Saudi Arabia, UAE, Egypt, and Nigeria amongst others. Power infrastructure projects being undertaken across these countries will boost industry expansion further on account of rising demand from residential as well as commercial sectors for home automation products along with other electronic gadgets’ accessories such as batteries and chargers that consume considerable amount of electricity while charging them up overnight or during off-peak hours thereby minimizing electricity consumption costs for end-users.
Growth Factors:
- Increasing demand from the data center and telecom sector for high-speed, low-loss cables.
- Rising demand for fiber optic cables in the medical and automotive industries.
- Growing popularity of Sense Cable products among consumers due to their superior performance and quality.
- The increasing use of Sense Cable in smart cities projects worldwide.
- The launch of new products by Sense Cable that meet the needs of specific markets segments
Scope Of The Report
Report Attributes
Report Details
Report Title
Sense Cable Market Research Report
By Type
Low Voltage Sense Cable, Medium Voltage Sense Cable, High Voltage Sense Cable
By Application
Industrial & Energy, Commercial, Home, Utilities, Others
By Companies
Prysmian Group, Nexans, Corning, NKT, Leoni, HELUKABEL, Lyudinovokabel, Lapp Group, Jiangsu Tongguang Electronic Wire & Cable Corp., Ltd., Yokogawa Electric, Hansen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Sense Cable Market Report Segments:
The global Sense Cable market is segmented on the basis of:
Types
Low Voltage Sense Cable, Medium Voltage Sense Cable, High Voltage Sense Cable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial & Energy, Commercial, Home, Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Prysmian Group
- Nexans
- Corning
- NKT
- Leoni
- HELUKABEL
- Lyudinovokabel
- Lapp Group
- Jiangsu Tongguang Electronic Wire & Cable Corp., Ltd.
- Yokogawa Electric
- Hansen
Highlights of The Sense Cable Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Voltage Sense Cable
- Medium Voltage Sense Cable
- High Voltage Sense Cable
- By Application:
- Industrial & Energy
- Commercial
- Home
- Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sense Cable Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sense Cable is a cable company that provides high-speed Internet, TV, and phone services in the United States. The company was founded in 1995 and operates in more than 30 U.S. states.
Some of the key players operating in the sense cable market are Prysmian Group, Nexans, Corning, NKT, Leoni, HELUKABEL, Lyudinovokabel, Lapp Group, Jiangsu Tongguang Electronic Wire & Cable Corp., Ltd., Yokogawa Electric, Hansen.
The sense cable market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sense Cable Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sense Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sense Cable Market - Supply Chain
4.5. Global Sense Cable Market Forecast
4.5.1. Sense Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sense Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sense Cable Market Absolute $ Opportunity
5. Global Sense Cable Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sense Cable Market Size and Volume Forecast by Type
5.3.1. Low Voltage Sense Cable
5.3.2. Medium Voltage Sense Cable
5.3.3. High Voltage Sense Cable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sense Cable Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sense Cable Market Size and Volume Forecast by Application
6.3.1. Industrial & Energy
6.3.2. Commercial
6.3.3. Home
6.3.4. Utilities
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sense Cable Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sense Cable Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sense Cable Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sense Cable Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sense Cable Demand Share Forecast, 2019-2026
9. North America Sense Cable Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sense Cable Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sense Cable Market Size and Volume Forecast by Application
9.4.1. Industrial & Energy
9.4.2. Commercial
9.4.3. Home
9.4.4. Utilities
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sense Cable Market Size and Volume Forecast by Type
9.7.1. Low Voltage Sense Cable
9.7.2. Medium Voltage Sense Cable
9.7.3. High Voltage Sense Cable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sense Cable Demand Share Forecast, 2019-2026
10. Latin America Sense Cable Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sense Cable Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sense Cable Market Size and Volume Forecast by Application
10.4.1. Industrial & Energy
10.4.2. Commercial
10.4.3. Home
10.4.4. Utilities
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sense Cable Market Size and Volume Forecast by Type
10.7.1. Low Voltage Sense Cable
10.7.2. Medium Voltage Sense Cable
10.7.3. High Voltage Sense Cable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sense Cable Demand Share Forecast, 2019-2026
11. Europe Sense Cable Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sense Cable Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sense Cable Market Size and Volume Forecast by Application
11.4.1. Industrial & Energy
11.4.2. Commercial
11.4.3. Home
11.4.4. Utilities
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sense Cable Market Size and Volume Forecast by Type
11.7.1. Low Voltage Sense Cable
11.7.2. Medium Voltage Sense Cable
11.7.3. High Voltage Sense Cable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sense Cable Demand Share, 2019-2026
12. Asia Pacific Sense Cable Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sense Cable Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sense Cable Market Size and Volume Forecast by Application
12.4.1. Industrial & Energy
12.4.2. Commercial
12.4.3. Home
12.4.4. Utilities
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sense Cable Market Size and Volume Forecast by Type
12.7.1. Low Voltage Sense Cable
12.7.2. Medium Voltage Sense Cable
12.7.3. High Voltage Sense Cable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sense Cable Demand Share, 2019-2026
13. Middle East & Africa Sense Cable Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sense Cable Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sense Cable Market Size and Volume Forecast by Application
13.4.1. Industrial & Energy
13.4.2. Commercial
13.4.3. Home
13.4.4. Utilities
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sense Cable Market Size and Volume Forecast by Type
13.7.1. Low Voltage Sense Cable
13.7.2. Medium Voltage Sense Cable
13.7.3. High Voltage Sense Cable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sense Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sense Cable Market: Market Share Analysis
14.2. Sense Cable Distributors and Customers
14.3. Sense Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nexans
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Corning
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NKT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Leoni
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HELUKABEL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lyudinovokabel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lapp Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Tongguang Electronic Wire & Cable Corp., Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yokogawa Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hansen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook