Market Overview:
The global insulation 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 insulation cables from various end-use industries, such as construction, automotive, and electrical & electronics. In addition, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market. Based on type, the global insulation cable market can be segmented into AC power cables and DC power cables. AC power cables are further subsegmented into single core and multicore cables. Based on application, the global insulation cable market can be segmented into internal cable and external cable applications. Internal cable applications are further subsegmented into building wiring harnesses and motor leads & connections applications while external cable applications are further subsegmented into control cabinets/enclosures; machine tools; transportation vehicles (railway coaches/locomotives); ships; wind turbines; oil rigs/offshore platforms). Regionally, North America is expected to hold a major share of the global insulation Cable Market in terms of revenue due to high adoption rate of these products by various end-use industries in this region.
Product Definition:
Insulation cable is a type of electrical cable that is used to protect people and equipment from electric shock. It is used in a variety of applications, including wiring homes, offices, and other buildings. Insulation cable can also be used in industrial settings to protect workers from accidental contact with energized equipment.
AC Power Cable:
An ac power cable is a flexible insulated electrical cord that provides an alternative to the rigid electric cables used in buildings. The growing demand for renewable energy sources and the need to reduce greenhouse gas emissions are driving the development of ac power cables. These products can help meet these goals by reducing carbon dioxide emissions, which makes them an attractive option for use in insulation applications as well.
DC Power Cable:
DC power cable is a type of electrical cable which is used for the transmission of electric power. DC cables are widely used in commercial and industrial insulation applications. Insulation cables are made up of high-grade polyvinyl chloride, which has excellent dielectric properties and can handle high voltage electricity with ease. These cables also have an outer jacket, which consists of a plastic or metal covering to protect the wires inside it from external influences such as weather etc.
Application Insights:
Internal and external cables are the major types of insulation cables. The internal cable is used for power distribution within a building, whereas the external cable is used for power distribution from a building to the grid. Increasing demand for energy-efficient products in buildings has resulted in an increased use of insulation cables with high performance and durability over recent years.
The market has been segmented into North America, Europe, Asia Pacific, Latin America and MEA based on region; with internal cable dominating across all regions owing to its higher usage compared to other applications. Internal cabling systems are primarily used in commercial buildings as well as industrial facilities where there is need for maintaining low levels of energy consumption along with high levels of safety requirements regarding power supply within these infrastructures.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in infrastructure development, especially for power distribution and communication sectors. China has been at the forefront of promoting industrialization across Asia Pacific, which has led to increased demand for power cables within its own country as well as from other countries such as India and Japan.
The European region accounted for a significant share of revenue in 2017 owing to high penetration rates of digital technology across various industries coupled with growing demand from residential sector due to increasing population. Moreover, stringent government regulations regarding energy consumption are anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for energy efficient buildings: The global insulation cable market is expected to benefit from the increasing demand for energy efficient buildings. This is because insulation cables help in reducing the amount of heat loss, and thus, save energy.
- Rising construction spending: The global construction spending is projected to grow at a CAGR of more than 5% during the forecast period, which would result in an increase in demand for insulation cables.
- Stringent regulations on thermal performance: Stringent regulations on thermal performance are driving the need for better insulation solutions, thereby propelling the growth of the global insulation cable market. For instance, ASHRAE 90-2010 mandates that all new commercial and institutional buildings achieve a minimum level of thermal performance starting from January 1st 2020 onwards.
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulation Cable Market Research Report
By Type
AC Power Cable, DC Power Cable
By Application
Internal Cable, External Cable
By Companies
Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, LS Cable & System, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, NKT Cables, FarEast Cable, Shangshang Cable, Jiangnan Cable, Baosheng Cable, Hanhe Cable, Okonite, Synergy Cable, Taihan, TF Cable
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 Insulation Cable Market Report Segments:
The global Insulation Cable market is segmented on the basis of:
Types
AC Power Cable, DC Power 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
Internal Cable, External Cable
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
- Nexans
- General Cable
- Sumitomo Electric
- Southwire
- LS Cable & System
- Furukawa Electric
- Riyadh Cable
- Elsewedy Electric
- Condumex
- NKT Cables
- FarEast Cable
- Shangshang Cable
- Jiangnan Cable
- Baosheng Cable
- Hanhe Cable
- Okonite
- Synergy Cable
- Taihan
- TF Cable
Highlights of The Insulation 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:
- AC Power Cable
- DC Power Cable
- By Application:
- Internal Cable
- External Cable
- 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 Insulation 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.
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- Correctly Positioning New Products
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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?
Insulation cable is a type of electrical cable that is used to protect the wiring in an installation from outside interference.
Some of the major players in the insulation cable market are Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, LS Cable & System, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, NKT Cables, FarEast Cable, Shangshang Cable, Jiangnan Cable, Baosheng Cable, Hanhe Cable, Okonite, Synergy Cable, Taihan, TF Cable.
The insulation 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. Insulation 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. Insulation Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Insulation Cable Market - Supply Chain
4.5. Global Insulation Cable Market Forecast
4.5.1. Insulation Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Insulation Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Insulation Cable Market Absolute $ Opportunity
5. Global Insulation 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. Insulation Cable Market Size and Volume Forecast by Type
5.3.1. AC Power Cable
5.3.2. DC Power Cable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Insulation 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. Insulation Cable Market Size and Volume Forecast by Application
6.3.1. Internal Cable
6.3.2. External Cable
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Insulation 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. Insulation 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 Insulation 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. Insulation 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 Insulation Cable Demand Share Forecast, 2019-2026
9. North America Insulation 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 Insulation 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 Insulation Cable Market Size and Volume Forecast by Application
9.4.1. Internal Cable
9.4.2. External Cable
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Insulation Cable Market Size and Volume Forecast by Type
9.7.1. AC Power Cable
9.7.2. DC Power Cable
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 Insulation Cable Demand Share Forecast, 2019-2026
10. Latin America Insulation 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 Insulation 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 Insulation Cable Market Size and Volume Forecast by Application
10.4.1. Internal Cable
10.4.2. External Cable
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Insulation Cable Market Size and Volume Forecast by Type
10.7.1. AC Power Cable
10.7.2. DC Power Cable
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 Insulation Cable Demand Share Forecast, 2019-2026
11. Europe Insulation 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 Insulation 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 Insulation Cable Market Size and Volume Forecast by Application
11.4.1. Internal Cable
11.4.2. External Cable
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Insulation Cable Market Size and Volume Forecast by Type
11.7.1. AC Power Cable
11.7.2. DC Power Cable
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 Insulation Cable Demand Share, 2019-2026
12. Asia Pacific Insulation 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 Insulation 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 Insulation Cable Market Size and Volume Forecast by Application
12.4.1. Internal Cable
12.4.2. External Cable
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Insulation Cable Market Size and Volume Forecast by Type
12.7.1. AC Power Cable
12.7.2. DC Power Cable
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 Insulation Cable Demand Share, 2019-2026
13. Middle East & Africa Insulation 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 Insulation 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 Insulation Cable Market Size and Volume Forecast by Application
13.4.1. Internal Cable
13.4.2. External Cable
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Insulation Cable Market Size and Volume Forecast by Type
13.7.1. AC Power Cable
13.7.2. DC Power Cable
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 Insulation Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Insulation Cable Market: Market Share Analysis
14.2. Insulation Cable Distributors and Customers
14.3. Insulation Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nexans
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Cable
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Southwire
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LS Cable & System
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Furukawa Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Riyadh Cable
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elsewedy Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Condumex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NKT Cables
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FarEast Cable
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shangshang Cable
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jiangnan Cable
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Baosheng Cable
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hanhe Cable
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Okonite
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Synergy Cable
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Taihan
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. TF Cable
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
