Market Overview:
The global solid 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 solid cables from various end-use industries, such as energy, construction, industrial, telecom, automotive, oil & gas and aerospace & defense. In terms of type, the copper segment is expected to hold the largest share of the global solid cable market during the forecast period. This can be attributed to its high conductivity and low resistance properties as compared to other types of metals used in cables.
Product Definition:
A cable is a conductor of electricity. Solid cables are made up of one or more copper wires that are enclosed in a protective sheath. They are used to distribute electrical power and connect electrical devices.
Copper:
Copper is a soft, malleable metal that can be made into various shapes. It has excellent electrical and thermal properties making it useful in construction of cables. Solid copper cable offers better performance as compared to its counterparts owing to high heat resistance and low weight which makes it ideal for use in building infrastructure such as power grids, telecommunication networks, etc.
The global solid copper cable market size was valued at USD 2.83 billion in 2016.
Aluminum:
Aluminum is a conductor of electricity and has the highest electrical conductivity among all metals. It also has excellent mechanical properties such as ductility, malleability, and strength. Aluminum is used in solid cable production due to its low weight which results in reduced cost of installation. Solid aluminum cables are lighter than copper or PVC cables; therefore they result into less power consumption during transmission which makes them eco-friendly as compared to their counterparts.
Application Insights:
The construction segment accounted for the largest revenue share of over 30% in 2017. Solid cables are widely used in the construction industry owing to their ability to withstand high stress without suffering permanent damage. They are also relatively cheaper than other types of cables, which makes them ideal for use in long-distance transmission lines and heavy traffic areas. The telecom application segment is expected to witness a CAGR exceeding 5% from 2018 to 2030 owing to increasing demand for data communication services and wireless devices across all regions.
Solid copper wires have been used as an alternative or supplement material during manufacturing process of various products including mobile phones, laptops, tablets, gaming consoles among others due largely on low cost & easy availability along with durability & flexibility they offer at comparatively lower prices when compared with their counterparts made using other materials such as fiberglass or carbon nanotubes among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major economies, such as China, India, Japan and South Korea. Increasing industrialization coupled with rapid urbanization has resulted in rising demand for electrical equipment across various applications. This factor is anticipated to drive industry growth over the next eight years.
The Asia Pacific regional market was followed by Europe that accounted for a revenue share of more than 20% in 2017 owing to high demand from countries including Germany, U.K.
Growth Factors:
- Increasing demand for data due to the growth of the internet of things (IoT) and big data
- Rising demand for high-speed broadband services
- Proliferation of 4K and 8K video content
- Growing popularity of over-the-top (OTT) streaming services
- Advances in cable technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Cable Market Research Report
By Type
Copper, Aluminum, Others
By Application
Energy, Construction, Industrial, Telecom, Automotive, Oil & Gas, Aerospace & Defense, Others
By Companies
Prysmian Group, Southwire, Encore Wire Corporation, Nexans, Sumitomo Electric Industries, LS Cable & System, Furukawa Electric, Walsin Lihwa, Hengtong Group, Far East Cable, Prysmian Group, Okonite Company, Century Wire & Cable, Leoni, LS Cable, CommScope, International Wire Group, Philatron, Belden
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Solid Cable Market Report Segments:
The global Solid Cable market is segmented on the basis of:
Types
Copper, Aluminum, 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
Energy, Construction, Industrial, Telecom, Automotive, Oil & Gas, Aerospace & Defense, 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
- Southwire
- Encore Wire Corporation
- Nexans
- Sumitomo Electric Industries
- LS Cable & System
- Furukawa Electric
- Walsin Lihwa
- Hengtong Group
- Far East Cable
- Prysmian Group
- Okonite Company
- Century Wire & Cable
- Leoni
- LS Cable
- CommScope
- International Wire Group
- Philatron
- Belden
Highlights of The Solid 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:
- Copper
- Aluminum
- Others
- By Application:
- Energy
- Construction
- Industrial
- Telecom
- Automotive
- Oil & Gas
- Aerospace & Defense
- 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 Solid 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?
Solid cable is a type of cable that has a solid core. This means that the cables have no wires inside them, which makes them more durable and less likely to break.
Some of the key players operating in the solid cable market are Prysmian Group, Southwire, Encore Wire Corporation, Nexans, Sumitomo Electric Industries, LS Cable & System, Furukawa Electric, Walsin Lihwa, Hengtong Group, Far East Cable, Prysmian Group, Okonite Company, Century Wire & Cable, Leoni, LS Cable, CommScope, International Wire Group, Philatron, Belden.
The solid 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 Solid 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 Solid Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solid 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 Solid 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 Solid Cable Market Size & Forecast, 2018-2028
4.5.1 Solid Cable Market Size and Y-o-Y Growth
4.5.2 Solid Cable Market Absolute $ Opportunity
Chapter 5 Global Solid 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 Solid Cable Market Size Forecast by Type
5.2.1 Copper
5.2.2 Aluminum
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solid 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 Solid Cable Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Construction
6.2.3 Industrial
6.2.4 Telecom
6.2.5 Automotive
6.2.6 Oil & Gas
6.2.7 Aerospace & Defense
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid 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 Solid 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 Solid Cable Analysis and Forecast
9.1 Introduction
9.2 North America Solid 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 Solid Cable Market Size Forecast by Type
9.6.1 Copper
9.6.2 Aluminum
9.6.3 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 Solid Cable Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Construction
9.10.3 Industrial
9.10.4 Telecom
9.10.5 Automotive
9.10.6 Oil & Gas
9.10.7 Aerospace & Defense
9.10.8 Others
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 Solid Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Solid 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 Solid Cable Market Size Forecast by Type
10.6.1 Copper
10.6.2 Aluminum
10.6.3 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 Solid Cable Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Construction
10.10.3 Industrial
10.10.4 Telecom
10.10.5 Automotive
10.10.6 Oil & Gas
10.10.7 Aerospace & Defense
10.10.8 Others
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 Solid Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solid 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 Solid Cable Market Size Forecast by Type
11.6.1 Copper
11.6.2 Aluminum
11.6.3 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 Solid Cable Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Construction
11.10.3 Industrial
11.10.4 Telecom
11.10.5 Automotive
11.10.6 Oil & Gas
11.10.7 Aerospace & Defense
11.10.8 Others
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 Solid Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Solid 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 Solid Cable Market Size Forecast by Type
12.6.1 Copper
12.6.2 Aluminum
12.6.3 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 Solid Cable Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Construction
12.10.3 Industrial
12.10.4 Telecom
12.10.5 Automotive
12.10.6 Oil & Gas
12.10.7 Aerospace & Defense
12.10.8 Others
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) Solid Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solid 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) Solid Cable Market Size Forecast by Type
13.6.1 Copper
13.6.2 Aluminum
13.6.3 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) Solid Cable Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Construction
13.10.3 Industrial
13.10.4 Telecom
13.10.5 Automotive
13.10.6 Oil & Gas
13.10.7 Aerospace & Defense
13.10.8 Others
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 Solid Cable Market: Competitive Dashboard
14.2 Global Solid Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian Group
14.3.2 Southwire
14.3.3 Encore Wire Corporation
14.3.4 Nexans
14.3.5 Sumitomo Electric Industries
14.3.6 LS Cable & System
14.3.7 Furukawa Electric
14.3.8 Walsin Lihwa
14.3.9 Hengtong Group
14.3.10 Far East Cable
14.3.11 Prysmian Group
14.3.12 Okonite Company
14.3.13 Century Wire & Cable
14.3.14 Leoni
14.3.15 LS Cable
14.3.16 CommScope
14.3.17 International Wire Group
14.3.18 Philatron
14.3.19 Belden
