May 04, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Albany NY, United States, May 04, 2022 (GLOBE NEWSWIRE) -- Massive demand for wide range of wires and cabling technologies in the construction, telecommunication, and utilities industries has propelled continuous advancements in the materials used for products in the Wire and Cable Market. Rise in adoption of optical fiber cables by telecom companies world over has spurred the sales revenues in the wire and cable market. The global valuation of the wire and cable market is projected to reach US$ 285.05 Bn by the end of the forecast period of 2021–2031.
The need for next-gen electronics and semiconductors for aerospace and oil & gas industries has spurred innovation in wire and cables. A lucrative application for manufacturers in the wire and cable market is their use in antennas for 5G networks. Increased availability of recycled black plastic waste for the making of cables is expected to generate incremental avenue sin the wire and cable market, notes an in-depth TMR study.
Widespread use of copper wires in electricity distribution networks, wiring for buildings, and utilities and power transmission systems has generated substantial revenue growth to companies in the wire and cable market. A growing spate of studies have used recycled materials for cutting-edge carbon nanotubes. Submarine cable technologies are broadening revenues streams for players in the wire and cable market.
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Key Findings of Wire and Cable Market Study
How Wire and Cable Market will recover after covid19 - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=41594
Wire and Cable Market: Key Drivers
Wire and Cable Market: Regional Growth Dynamics
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Wire and Cable Market: Key Players
Some of the key players in the wire and cable market are Far East Cable Co., Ltd., Leoni AG, Nexans S.A., Hitachi Metals Ltd., Southwire Company, LLC., Polycab Wires Private Limited, TPC Wire & Cable Corp, Jiagnan Group, General Cable Corporation, Electric Industries, Ltd., Furukawa Electric Co., Ltd., and Hengtong Optic-Electric Co Ltd. Global Wire and Cable Market: Segmentation Wire and Cable Market, by Type
Wire and Cable Market, by Material
Wire and Cable Market, by End-use Industry
Wire and Cable Market, by Region
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