Market Overview:
The global sensing cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for heat, water, and temperature sensing cables from various applications such as oil & gas, transportation, environment & geo-techniques, and others. Additionally, the growing demand for hydrocarbons across the globe is also fueling the growth of this market. However, factors such as high installation cost and lack of awareness about these cables are restraining its growth. Regionally ,theglobal sensings cablemarketis segmentedin North America Latin America Europe Asia Pacificand Middle East&Africa with differentgrowth ratesin eachregion .
Product Definition:
A sensing cable is a wire or group of wires used to detect physical changes in its surroundings, such as temperature, pressure, or vibrations. Sensing cables are often found in industrial settings where they are used to monitor machines and equipment.
Heat:
Sensing cable is used in temperature sensors. It is a flexible, insulated electrical conductor that generates an electric current when it is exposed to the target substance or environment. The sensing cable market size spans from end-user applications such as consumer electronics and automotive to industrial and medical sectors.
Water:
Water is one of the essential components used in sensing cable market. It helps in increasing the flexibility and durability of cables. The water-based coating on the insulation layer reduces friction, increases flexibility, and provides environmental stability to these products during installation as well as after completion of a project.
Application Insights:
The oil & gas segment dominated the global sensing cable market in 2017 and is expected to witness significant growth over the forecast period. The growing need for advanced data analytics techniques to extract more value from the reservoir is propelling demand. Furthermore, increasing investments by major oil companies such as BP, StatoilHydro, Repsol YPF are further driving industry expansion. Sensing cables help measure temperature and pressure which enables real-time data transmission in drilling operations thus enabling operators make critical decisions during exploration or production activities.
The transportation segment accounted for a considerable share of revenue in 2017 owing to rising applications such as pipeline monitoring and maintenance along with other applications such as tank monitoring and inventory management that require high accuracy sensors for reliable results.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major oil and gas reserves, which is expected to drive demand for sensing cables over the forecast period. The U.S. is a key regional market due to increasing investments in renewable energy sources such as wind and solar power, which requires constant monitoring of infrastructure for proper maintenance.
Asia Pacific region accounted for over 20% share of total revenue in 2017 owing to rapid industrialization and technological advancements observed across various application industries such as oil & gas, mining, manufacturing, transportation etc.
Europe also held a significant share followed by North America with growing emphasis on research activities that aim at developing new technologies pertaining both internal combustion engines as well as sensors themselves thus leading into high growth potential across this region during the forecast period.
Growth Factors:
- Increasing demand for smart sensors in various industries
- Rising demand for sensing cables in automobiles
- Growing popularity of Internet of Things (IoT) and connected devices
- Proliferation of wireless technologies and sensor networks
- Increasing adoption of sensing cables in medical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Sensing Cable Market Research Report
By Type
Heat, Water, Temperature, Hydrocarbons
By Application
Oil & Gas, Transportation, Environment & Geo-techniques, Others
By Companies
PCB Group Inc, RLE Technologies, Pentair, Silixa, TTK Ltd, Sensornet Ltd, Yokogawa Electric Corporation, Thermocoax, Cable USA
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Sensing Cable Market Report Segments:
The global Sensing Cable market is segmented on the basis of:
Types
Heat, Water, Temperature, Hydrocarbons
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
Oil & Gas, Transportation, Environment & Geo-techniques, 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:
- PCB Group Inc
- RLE Technologies
- Pentair
- Silixa
- TTK Ltd
- Sensornet Ltd
- Yokogawa Electric Corporation
- Thermocoax
- Cable USA
Highlights of The Sensing 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:
- Heat
- Water
- Temperature
- Hydrocarbons
- By Application:
- Oil & Gas
- Transportation
- Environment & Geo-techniques
- 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 Sensing 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?
Sensing cable is a type of cable that is used to measure the voltage, current, and resistance of an electrical circuit.
Some of the key players operating in the sensing cable market are PCB Group Inc, RLE Technologies, Pentair, Silixa, TTK Ltd, Sensornet Ltd, Yokogawa Electric Corporation, Thermocoax, Cable USA.
The sensing cable market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sensing 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. Sensing Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sensing Cable Market - Supply Chain
4.5. Global Sensing Cable Market Forecast
4.5.1. Sensing Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sensing Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sensing Cable Market Absolute $ Opportunity
5. Global Sensing 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. Sensing Cable Market Size and Volume Forecast by Type
5.3.1. Heat
5.3.2. Water
5.3.3. Temperature
5.3.4. Hydrocarbons
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sensing 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. Sensing Cable Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Transportation
6.3.3. Environment & Geo-techniques
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sensing 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. Sensing 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 Sensing 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. Sensing 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 Sensing Cable Demand Share Forecast, 2019-2026
9. North America Sensing 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 Sensing 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 Sensing Cable Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Transportation
9.4.3. Environment & Geo-techniques
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sensing Cable Market Size and Volume Forecast by Type
9.7.1. Heat
9.7.2. Water
9.7.3. Temperature
9.7.4. Hydrocarbons
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 Sensing Cable Demand Share Forecast, 2019-2026
10. Latin America Sensing 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 Sensing 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 Sensing Cable Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Transportation
10.4.3. Environment & Geo-techniques
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sensing Cable Market Size and Volume Forecast by Type
10.7.1. Heat
10.7.2. Water
10.7.3. Temperature
10.7.4. Hydrocarbons
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 Sensing Cable Demand Share Forecast, 2019-2026
11. Europe Sensing 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 Sensing 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 Sensing Cable Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Transportation
11.4.3. Environment & Geo-techniques
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sensing Cable Market Size and Volume Forecast by Type
11.7.1. Heat
11.7.2. Water
11.7.3. Temperature
11.7.4. Hydrocarbons
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 Sensing Cable Demand Share, 2019-2026
12. Asia Pacific Sensing 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 Sensing 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 Sensing Cable Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Transportation
12.4.3. Environment & Geo-techniques
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sensing Cable Market Size and Volume Forecast by Type
12.7.1. Heat
12.7.2. Water
12.7.3. Temperature
12.7.4. Hydrocarbons
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 Sensing Cable Demand Share, 2019-2026
13. Middle East & Africa Sensing 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 Sensing 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 Sensing Cable Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Transportation
13.4.3. Environment & Geo-techniques
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sensing Cable Market Size and Volume Forecast by Type
13.7.1. Heat
13.7.2. Water
13.7.3. Temperature
13.7.4. Hydrocarbons
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 Sensing Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sensing Cable Market: Market Share Analysis
14.2. Sensing Cable Distributors and Customers
14.3. Sensing Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PCB Group Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RLE Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pentair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Silixa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TTK Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sensornet Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yokogawa Electric Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thermocoax
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cable USA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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