Market Overview:
The global vehicle cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electric and hybrid vehicles across the globe. In addition, the growing demand for advanced safety features in vehicles is also fueling the growth of this market. The global vehicle cable market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into polyvinyl chloride (PVC), polypropylene (PP), cross-linked polyethylene (XLPE), thermoplastic polyurethane (TPU), Polyphenylene Ether (PPE), and others. PVC cables are expected to dominate this market during the forecast period owing to their low cost and high durability as compared to other types of cables available in this market. On account of their superior properties such as flame retardancy, chemical resistance, insulation capacity etc., XLPE cables are projected to witness high growth during 2018-2030 In terms of application, passenger vehicles accounted for majority share in 2017 and is projected grow at a CAGR 4% over next few years Passenger cars are equipped with various electronic systems such as airbags, seat belts traction control system ABS anti-theft alarm system etc.
Product Definition:
A vehicle cable is a cable used to connect two or more vehicles together so that they can share power. This is often done when one vehicle needs to tow another, as it allows them to share power and avoid using the tow truck's battery. Vehicle cables are also used in emergency situations, such as when a car has run out of gas and needs to be towed to the nearest gas station.
Polyvinyl Chloride (PVC):
Polyvinyl chloride is a thermoplastic polymer with the formula (PVC)Cl. It is a widely used synthetic flexible plastic with excellent chemical, mechanical, and thermal properties. PVC can be easily processed by injection molding, extrusion and blow molding techniques. The finished products have high impact resistance and low weight compared to other conventional plastics such as polyethylene or polypropylene which makes it an ideal cable covering material for wires or cables in the automotive industry.
Polypropylene (PP):
Polypropylene (PP) is a thermoplastic polymer used in cable manufacturing. It offers several beneficial properties such as high chemical resistance, low electrical resistance, and good flexibility at low temperatures. PP cables are used for the transmission of electric signals from one point to another in vehicles owing to its flexible nature which allows easier routing through the vehicle body.
The automotive industry has been witnessing significant growth over the past few years on account of increasing demand for automobiles across major economies globally.
Application Insights:
The heavy commercial vehicles segment dominated the global vehicle cable market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for these products from various industries such as automotive, construction and mining. Vehicle cables are used extensively across the automotive industry owing to their flexibility, durability and low cost which makes them an ideal solution for this sector.
Passenger vehicles accounted for a significant share in 2017 and are expected to grow at a steady CAGR over the forecast period due to rising disposable income among consumers globally coupled with government initiatives encouraging people to use public transport or ride sharing services instead of owning personal cars. This trend is likely drive innovation within this segment further resulting in product development that caters specific requirements of passenger vehicles over next few years.
Heavy Commercial Vehicles (HCVs) require more robust safety features than light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from developing countries such as China, India, and Japan. Furthermore, rising disposable income coupled with a growing population has resulted in an increased demand for vehicles which will further boost product sales across this region.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to stringent government regulations regarding vehicle emissions along with improving fuel economy standards set by organizations like Organization Internationale des Constructeurs d'Automobiles (OICA). Increasing use of electric vehicles across Europe will also contribute towards regional growth over the coming years.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand from the automotive sector
- Growing popularity of vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication systems
- Proliferation of autonomous vehicles
- Stringent government regulations mandating the use of cables in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Cable Market Research Report
By Type
Polyvinyl Chloride (PVC), Polypropylene (PP), Cross-linked Polyethylene (XLPE), Thermoplastic Polyurethane (TPU), Polyphenylene Ether (PPE), Others
By Application
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Sumitomo Electric Industries, Delphi Automotive, Draka Holdings, Leoni, Lear, Coficab, Yazaki, Allied Wire and Cable, Acome, Sumitomo Electric Industries
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Cable Market Report Segments:
The global Vehicle Cable market is segmented on the basis of:
Types
Polyvinyl Chloride (PVC), Polypropylene (PP), Cross-linked Polyethylene (XLPE), Thermoplastic Polyurethane (TPU), Polyphenylene Ether (PPE), Others
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
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
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:
- Sumitomo Electric Industries
- Delphi Automotive
- Draka Holdings
- Leoni
- Lear
- Coficab
- Yazaki
- Allied Wire and Cable
- Acome
- Sumitomo Electric Industries
Highlights of The Vehicle 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:
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Cross-linked Polyethylene (XLPE)
- Thermoplastic Polyurethane (TPU)
- Polyphenylene Ether (PPE)
- Others
- By Application:
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- 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 Vehicle 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Vehicle cable is a type of electrical wiring used to connect various components in a car. It includes the battery, the engine, and other systems. Vehicle cable can also be used to power accessories such as air conditioning or audio systems.
Some of the major companies in the vehicle cable market are Sumitomo Electric Industries, Delphi Automotive, Draka Holdings, Leoni, Lear, Coficab, Yazaki, Allied Wire and Cable, Acome, Sumitomo Electric Industries.
The vehicle cable market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Cable Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Vehicle Cable Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vehicle Cable Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Vehicle Cable Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Vehicle Cable Market Size & Forecast, 2018-2028 4.5.1 Vehicle Cable Market Size and Y-o-Y Growth 4.5.2 Vehicle Cable Market Absolute $ Opportunity
Chapter 5 Global Vehicle Cable Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vehicle Cable Market Size Forecast by Type
5.2.1 Polyvinyl Chloride (PVC)
5.2.2 Polypropylene (PP)
5.2.3 Cross-linked Polyethylene (XLPE)
5.2.4 Thermoplastic Polyurethane (TPU)
5.2.5 Polyphenylene Ether (PPE)
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Cable Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vehicle Cable Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Cable Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vehicle Cable Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vehicle Cable Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Cable Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vehicle Cable Market Size Forecast by Type
9.6.1 Polyvinyl Chloride (PVC)
9.6.2 Polypropylene (PP)
9.6.3 Cross-linked Polyethylene (XLPE)
9.6.4 Thermoplastic Polyurethane (TPU)
9.6.5 Polyphenylene Ether (PPE)
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vehicle Cable Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vehicle Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Cable Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vehicle Cable Market Size Forecast by Type
10.6.1 Polyvinyl Chloride (PVC)
10.6.2 Polypropylene (PP)
10.6.3 Cross-linked Polyethylene (XLPE)
10.6.4 Thermoplastic Polyurethane (TPU)
10.6.5 Polyphenylene Ether (PPE)
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vehicle Cable Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vehicle Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Cable Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vehicle Cable Market Size Forecast by Type
11.6.1 Polyvinyl Chloride (PVC)
11.6.2 Polypropylene (PP)
11.6.3 Cross-linked Polyethylene (XLPE)
11.6.4 Thermoplastic Polyurethane (TPU)
11.6.5 Polyphenylene Ether (PPE)
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vehicle Cable Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vehicle Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Cable Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vehicle Cable Market Size Forecast by Type
12.6.1 Polyvinyl Chloride (PVC)
12.6.2 Polypropylene (PP)
12.6.3 Cross-linked Polyethylene (XLPE)
12.6.4 Thermoplastic Polyurethane (TPU)
12.6.5 Polyphenylene Ether (PPE)
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vehicle Cable Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vehicle Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Cable Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vehicle Cable Market Size Forecast by Type
13.6.1 Polyvinyl Chloride (PVC)
13.6.2 Polypropylene (PP)
13.6.3 Cross-linked Polyethylene (XLPE)
13.6.4 Thermoplastic Polyurethane (TPU)
13.6.5 Polyphenylene Ether (PPE)
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vehicle Cable Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vehicle Cable Market: Competitive Dashboard
14.2 Global Vehicle Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric Industries
14.3.2 Delphi Automotive
14.3.3 Draka Holdings
14.3.4 Leoni
14.3.5 Lear
14.3.6 Coficab
14.3.7 Yazaki
14.3.8 Allied Wire and Cable
14.3.9 Acome
14.3.10 Sumitomo Electric Industries