Market Overview:
The global automobile control cables 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 passenger vehicles and commercial vehicles across the globe. Additionally, the growing automotive industry is also fueling the growth of this market. The global automobile control cables market is segmented on the basis of type, application, and region. On the basis of type, it is divided into single core cable and multi core cable. Single core cables are used in low-power applications such as door locks, power windows, sunroofs etc., while multi-core cables are used in high-power applications such as engine management systems (EMS), anti-lock braking systems (ABS), electronic stability programs (ESP) etc. On the basis of application, it is classified into passenger vehicle and commercial vehicle segments respectively. Passenger vehicles accounted for a major share of this market in 2017 owing to rising demand for luxury cars across different regions worldwide. Geographically speaking, North America held a dominant position in 2017 due to presence of key players operating in this region coupled with technological advancements taking place here.
Product Definition:
The control cables in an automobile are responsible for transmitting the driver's input to the various mechanisms that control the car. These mechanisms include the throttle, brakes, and steering. The cables are typically made of steel or other strong materials, and they can be quite long, running from the driver's seat all the way to the front or rear of the car.
Single Core Cable:
Single core cable is a type of power cable which consists of one conductor wire and usually covered with an insulation jacket. The term single core refers to the fact that there is only one main wire inside the insulation jacket, as opposed to multi-core or distribution cables, which have several smaller wires inside the insulation jackets.
The primary reason for using single core cable over other cables in automobiles is because it reduces weight; every ounce counts when it comes to fuel efficiency.
Multi Core Cable:
Multi core cable is a type of power cable used in automobile control cables. It has several insulated wires that are bound together by an insulating layer, which helps protect the individual wires from short circuits and high temperatures. The primary function of multi core cables is to provide stable power transmission between two vehicles.
Application Insights:
The passenger vehicle segment dominated the overall industry in terms of revenue share in 2017. The growth can be attributed to increasing demand for automobiles across the globe. Moreover, stringent government regulations regarding road safety and implementation of norms such as SAE J211 standard are expected to boost product demand over the forecast period.
Commercial vehicles are anticipated to witness significant growth over the forecast period owing to rising industrialization and urbanization in developing countries including India, China and Brazil among others. Furthermore, growing emphasis on improving public transportation systems coupled with rising concerns regarding employee safety is expected drive market growth over the coming years. Increasing use of ASC by commercial vehicle manufacturers for cost reduction purposes is also projected to fuel industry expansion during future years. Growing R&D activities by major commercial vehicle manufacturers such as Daimler AG, Volvo AB and Ford Motor Company for development of low-cost electric vehicles is further anticipated to propel market penetration during future years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the overall industry revenue in 2017 owing to high demand from key markets such as China, India, Japan, and South Korea. Increasing automobile production coupled with stringent emission norms is anticipated to drive product demand over the forecast period.
The European market was valued at USD X million in 2017 and is projected to witness significant growth over the next eight years on account of increasing investments by OEMs for developing advanced driver assistance systems (ADAS) & safety technologies along with electric vehicles (EVs). Moreover, rising consumer disposable income levels are likely to boost automotive sales across Europe during this timeframe.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in automobile control cables
- Stringent government regulations for safety and emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Control Cables Market Research Report
By Type
Single Core Cable, Multi Core Cable
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Acey Engineering, Premier Auto Cables, Kalpa Industries, Cable Manufacturing & Assembly, CHAMPION CABLES, DURA Automotive Systems, Metalcaucho, Miracle Cables, Metex Group
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Control Cables Market Report Segments:
The global Automobile Control Cables market is segmented on the basis of:
Types
Single Core Cable, Multi Core 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
Passenger Vehicle, Commercial Vehicle
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:
- Acey Engineering
- Premier Auto Cables
- Kalpa Industries
- Cable Manufacturing & Assembly
- CHAMPION CABLES
- DURA Automotive Systems
- Metalcaucho
- Miracle Cables
- Metex Group
Highlights of The Automobile Control Cables 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:
- Single Core Cable
- Multi Core Cable
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Automobile Control Cables 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?
Automobile control cables are a type of electrical cable used to connect the various components in an automobile. These cables include the battery, starter, alternator, and other electrical systems.
Some of the major players in the automobile control cables market are Acey Engineering, Premier Auto Cables, Kalpa Industries, Cable Manufacturing & Assembly, CHAMPION CABLES, DURA Automotive Systems, Metalcaucho, Miracle Cables, Metex Group.
The automobile control cables 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 Automobile Control Cables 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 Automobile Control Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Control Cables 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 Automobile Control Cables 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 Automobile Control Cables Market Size & Forecast, 2018-2028
4.5.1 Automobile Control Cables Market Size and Y-o-Y Growth
4.5.2 Automobile Control Cables Market Absolute $ Opportunity
Chapter 5 Global Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Type
5.2.1 Single Core Cable
5.2.2 Multi Core Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Control Cables 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 Automobile Control Cables 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 Automobile Control Cables Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Type
9.6.1 Single Core Cable
9.6.2 Multi Core Cable
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 Automobile Control Cables Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Automobile Control Cables Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Type
10.6.1 Single Core Cable
10.6.2 Multi Core Cable
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 Automobile Control Cables Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Automobile Control Cables Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Type
11.6.1 Single Core Cable
11.6.2 Multi Core Cable
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 Automobile Control Cables Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Automobile Control Cables Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Control Cables 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 Automobile Control Cables Market Size Forecast by Type
12.6.1 Single Core Cable
12.6.2 Multi Core Cable
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 Automobile Control Cables Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Automobile Control Cables Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Control Cables 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) Automobile Control Cables Market Size Forecast by Type
13.6.1 Single Core Cable
13.6.2 Multi Core Cable
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) Automobile Control Cables Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Automobile Control Cables Market: Competitive Dashboard
14.2 Global Automobile Control Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acey Engineering
14.3.2 Premier Auto Cables
14.3.3 Kalpa Industries
14.3.4 Cable Manufacturing & Assembly
14.3.5 CHAMPION CABLES
14.3.6 DURA Automotive Systems
14.3.7 Metalcaucho
14.3.8 Miracle Cables
14.3.9 Metex Group
