Market Overview:
The global RE aluminum 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 RE aluminum cables in the architecture, electrical, and other applications. In terms of type, the interlocking metal sheathed cable segment is expected to hold the largest share of the global RE aluminum cable market during the forecast period. This can be attributed to its properties such as high tensile strength and resistance against corrosion. In terms of application, the architecture segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
This type of cable is used as a power transmission line for high-voltage applications. It is made up of an aluminum conductor that is enclosed in an insulating material. This type of cable can handle high levels of current and voltage, making it ideal for use in electrical systems.
Interlocking Metal Sheathed Cable:
Interlocking metal sheathed cable (IMSCC) is a special type of electrical cable used in the power and energy transmission industry. It consists of an outer metal sheath that forms a protective covering around the insulation layers, which are organized into several small sections. These cables are available in various sizes and have high flexibility owing to their lightweight structure.
Flame Retardant Fire-resistant Cable:
Flame retardant fire-resistant cable is a type of electrical cable that is made from various materials such as polycrystalline Diamond (PCD) or Polycrystalline Wax (PCW). These cables are used in high temperature applications and have the ability to sustain in fire for a longer period. The flame retardant properties of these cables make them suitable for usage in power transmission and distribution lines, which are exposed to high heat environments.
Application Insights:
The architecture application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing construction activities in emerging economies such as India, China and Brazil. In addition, favorable government policies promoting urban development are expected to drive demand for aluminum cables in architecture applications globally.
The electrical application segment accounted for a share of 29% of the total revenue share in 2017 owing to rising product adoption across power distribution networks globally. The use of aluminum cable helps reduce electricity losses due to its excellent performance characteristics over copper-based electric cables including resistance against corrosion and flexibility at high temperatures without affecting its insulation properties.
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 rising construction activities, especially in developing countries such as China and India. In addition, increasing electrical & electronics industry across Asia Pacific is also likely to propel market growth over the next eight years.
The Latin American regional market accounted for a share of 15.1% in terms of volume in 2017 owing to growing demand from various end-use industries such as transportation & logistics, energy & power, building & construction etc., which are highly dependent on infrastructure development for business operations and expansion purposes.
In Middle East Africa (MEA), aluminum cable industry has witnessed significant growth since 2010s due to rapid development projects undertaken by governments mainly within UAE.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing popularity of aluminum wiring over traditional copper wiring
- Rising prices of copper due to dwindling supplies
- Technological advancements that have made aluminum cable more efficient and durable than ever before 5. Stringent government regulations mandating the use of aluminum cable in specific applications
Scope Of The Report
Report Attributes
Report Details
Report Title
RE Aluminum Cable Market Research Report
By Type
Interlocking Metal Sheathed Cable, Flame Retardant Fire-resistant Cable
By Application
Architecture, Electrical, Other
By Companies
Harris Cyclery, Prysmian SpA, General Cable Technologies Corporation, Nexans, NKT Cables, ABB, Sumitomo Electric Industries, Encore Wire Corporation, Finolex Cables Limited, Polycab Wires Pvt.
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global RE Aluminum Cable Market Report Segments:
The global RE Aluminum Cable market is segmented on the basis of:
Types
Interlocking Metal Sheathed Cable, Flame Retardant Fire-resistant 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
Architecture, Electrical, Other
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:
- Harris Cyclery
- Prysmian SpA
- General Cable Technologies Corporation
- Nexans
- NKT Cables
- ABB
- Sumitomo Electric Industries
- Encore Wire Corporation
- Finolex Cables Limited
- Polycab Wires Pvt.
Highlights of The RE Aluminum 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:
- Interlocking Metal Sheathed Cable
- Flame Retardant Fire-resistant Cable
- By Application:
- Architecture
- Electrical
- Other
- 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 RE Aluminum 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?
RE Aluminum Cable is a type of aluminum cable that is designed to be resistant to corrosion and wear. This type of cable is often used in industrial applications, such as power transmission and oil production.
Some of the major companies in the re aluminum cable market are Harris Cyclery, Prysmian SpA, General Cable Technologies Corporation, Nexans, NKT Cables, ABB, Sumitomo Electric Industries, Encore Wire Corporation, Finolex Cables Limited, Polycab Wires Pvt..
The re aluminum cable market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 RE Aluminum 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 RE Aluminum Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RE Aluminum 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 RE Aluminum 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 RE Aluminum Cable Market Size & Forecast, 2018-2028
4.5.1 RE Aluminum Cable Market Size and Y-o-Y Growth
4.5.2 RE Aluminum Cable Market Absolute $ Opportunity
Chapter 5 Global RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Type
5.2.1 Interlocking Metal Sheathed Cable
5.2.2 Flame Retardant Fire-resistant Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Applications
6.2.1 Architecture
6.2.2 Electrical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RE Aluminum 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 RE Aluminum 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 RE Aluminum Cable Analysis and Forecast
9.1 Introduction
9.2 North America RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Type
9.6.1 Interlocking Metal Sheathed Cable
9.6.2 Flame Retardant Fire-resistant 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 RE Aluminum Cable Market Size Forecast by Applications
9.10.1 Architecture
9.10.2 Electrical
9.10.3 Other
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 RE Aluminum Cable Analysis and Forecast
10.1 Introduction
10.2 Europe RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Type
10.6.1 Interlocking Metal Sheathed Cable
10.6.2 Flame Retardant Fire-resistant 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 RE Aluminum Cable Market Size Forecast by Applications
10.10.1 Architecture
10.10.2 Electrical
10.10.3 Other
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 RE Aluminum Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Type
11.6.1 Interlocking Metal Sheathed Cable
11.6.2 Flame Retardant Fire-resistant 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 RE Aluminum Cable Market Size Forecast by Applications
11.10.1 Architecture
11.10.2 Electrical
11.10.3 Other
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 RE Aluminum Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America RE Aluminum 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 RE Aluminum Cable Market Size Forecast by Type
12.6.1 Interlocking Metal Sheathed Cable
12.6.2 Flame Retardant Fire-resistant 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 RE Aluminum Cable Market Size Forecast by Applications
12.10.1 Architecture
12.10.2 Electrical
12.10.3 Other
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) RE Aluminum Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) RE Aluminum 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) RE Aluminum Cable Market Size Forecast by Type
13.6.1 Interlocking Metal Sheathed Cable
13.6.2 Flame Retardant Fire-resistant 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) RE Aluminum Cable Market Size Forecast by Applications
13.10.1 Architecture
13.10.2 Electrical
13.10.3 Other
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 RE Aluminum Cable Market: Competitive Dashboard
14.2 Global RE Aluminum Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harris Cyclery
14.3.2 Prysmian SpA
14.3.3 General Cable Technologies Corporation
14.3.4 Nexans
14.3.5 NKT Cables
14.3.6 ABB
14.3.7 Sumitomo Electric Industries
14.3.8 Encore Wire Corporation
14.3.9 Finolex Cables Limited
14.3.10 Polycab Wires Pvt.
