Insulated Cables Market Report 2023

Insulated Cables Global Market Report 2023 – By Type (Copper, Aluminum, Fiber Optic), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Application (Electrical Equipment, Construction, Telecommunications, Motor Vehicles, Industrial Machinery) – Market Size, Trends, And Global Forecast 2023-2032

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The insulated cable is a cable that is resistant to electric current as it consists of non-conductive material. Insulated cables are used in lights, fans, computers, television, and telephone. Insulated cables are used in various applications such as electrical equipment, construction, telecommunications, and motor vehicles.

The main types in the insulated cables market are copper, aluminium, fiber optic, others. The copper in the insulated cables market refers to the wires that are insulated with copper. The various voltages are low voltage, medium voltage, high voltage. These are used in electrical equipment, construction, telecommunications, motor vehicles, and industrial machinery.

The insulated cables market research report is one of a series of new reports from The Business Research Company that provides insulated cables market statistics, including insulated cables industry global market size, regional shares, competitors with a insulated cables market share, detailed insulated cables market segments, market trends and opportunities, and any further data you may need to thrive in the insulated cables industry. This insulated cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global insulated cables market will grow from $117 billion in 2022 to $125.3 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global insulated cables market is expected to grow to $158.77 billion in 2027 at a CAGR of 6.1%.

Increased use of insulated cables and wires in the automotive sector will enhance the growth of the insulated cables market. Insulated wires are used to handle unique stress during the manufacturing process in the automotive industry and are also used to connect car batteries with other components. The heavy demand for insulated wires in the automotive industry is supported by the wide range of insulting wires offered by the manufacturers in the insulated cables market For instance, In April 2022, In a report published by European Automobile Manufacturers Association, a lobbying and standards group of the automobile industry in the European Union, in 2021, 79.1 million motor vehicles were produced worldwide, a 1.3% increase over 2020. Additionally, according to the Global EV Outlook 2021, consumers spent USD 120 billion on electric vehicle purchases in 2020, a 50% increase over 2019. Therefore, the increasing use of insulated cables and wires in the automotive sector is driving the market.

Poor heat resistance is expected to limit the growth of the insulated cables market. The insulated cables are less resistant to high temperatures causing the wear and tear of the coated material outside the wire. The insulation material declines over some time increasing the risk of short circuits. For instance, the cross-linked polyethylene (XLPE) wires can operate at a temperature of 105 degrees for a limited time without reducing the service life of the cable however the wire when exposed to a temperature exceeding 200 degrees Celsius, will result in a short circuit. XLPE wires are made up of cross-linked polyethylene and insulated with an aluminum conductor. Therefore, the poor heat resistance in insulated cables limits the growth of the insulated cables market.

The latest trend in the insulated cables market is the development of efficient, reliable, and eco-friendly cables used for power transmission. The new cables are produced to provide power transmission across long distances coupled with high thermal performance and high reliability. The new eco-friendly cables that reduce carbon emission, represent the next generation solutions for land cable systems. For instance, in April 2021, Prysmian Group, an Italy-based company specialising in the production of electrical cable, launched ECO CABLE. The cable industry's first certifiable green product label for the energy transition. The ECO CABLE label is assigned automatically based on recognised and measurable criteria derived from the EU Ecolabel Regulation no 66/2010 and in accordance with the main regulatory frameworks and requirements, with a very specific focus on cable products such as carbon footprint, absence of substances of very high concern, recyclability/circularity, recycling input rate, environmental benefits, and cable transmission efficiency.

Major players in the insulated cables market are Southwire, General Cable, 3M, ABL Electronic Supplies, Inc., AFC Cable Systems, Amphenol Corp., Asia-Pacific Wire, and Cable Corporation Limited, Belden Inc., Cable USA, and LS Corporation

The Asia-Pacific was the largest region in the insulated cables market in 2022. North America is the second-largest region in the global insulated cables market. The regions covered in the global insulated cables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the insulated cables market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia.

The insulated cables market consists of sales of insulated cables copper cable, insulated aluminium cable, insulated fiber optic cable, and other insulated cables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global insulated cables market is segmented -

1) By Type: Copper, Aluminum, Fiber Optic, Other Types

2) By Voltage: Low Voltage, Medium Voltage, High Voltage

3) By Application: Electrical Equipment, Construction, Telecommunications, Motor Vehicles, Industrial Machinery

    Table Of Contents

    1. Executive Summary

    2. Insulated Cables Market Characteristics

    3. Insulated Cables Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Insulated Cables Market

    3.2 Ukraine-Russia War Impact On Insulated Cables Market

    3.3 Impact Of High Inflation On Insulated Cables Market

    4. Insulated Cables Market Size And Growth

    4.1. Global Insulated Cables Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Insulated Cables Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Insulated Cables Market Segmentation

    5.1. Global Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Copper

    Aluminum

    Fiber Optic

    Other Types

    5.2. Global Insulated Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Low Voltage

    Medium Voltage

    High Voltage

    5.3. Global Insulated Cables Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Electrical Equipment

    Construction

    Telecommunications

    Motor Vehicles

    Industrial Machinery

    6. Insulated Cables Market Regional And Country Analysis

    6.1. Global Insulated Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    6.2. Global Insulated Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific Insulated Cables Market

    7.1. Asia-Pacific Insulated Cables Market Overview

    7.2. Asia-Pacific Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China Insulated Cables Market

    8.1. China Insulated Cables Market Overview

    8.2. China Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India Insulated Cables Market

    9.1. India Insulated Cables Market Overview

    9.2. India Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan Insulated Cables Market

    10.1. Japan Insulated Cables Market Overview

    10.2. Japan Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia Insulated Cables Market

    11.1. Australia Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia Insulated Cables Market

    12.1. Indonesia Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea Insulated Cables Market

    13.1. South Korea Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe Insulated Cables Market

    14.1. Western Europe Insulated Cables Market Overview

    14.2. Western Europe Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK Insulated Cables Market

    15.1. UK Insulated Cables Market Overview

    15.2. UK Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany Insulated Cables Market

    16.1. Germany Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France Insulated Cables Market

    17.3. France Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe Insulated Cables Market

    18.1. Eastern Europe Insulated Cables Market Overview

    18.2. Eastern Europe Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia Insulated Cables Market

    19.1. Russia Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America Insulated Cables Market

    20.1. North America Insulated Cables Market Overview

    20.2. North America Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA Insulated Cables Market

    21.1. USA Insulated Cables Market Overview

    21.2. USA Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America Insulated Cables Market

    22.1. South America Insulated Cables Market Overview

    22.2. South America Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil Insulated Cables Market

    23.1. Brazil Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East Insulated Cables Market

    24.1. Middle East Insulated Cables Market Overview

    24.2. Middle East Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa Insulated Cables Market

    25.1. Africa Insulated Cables Market Overview

    25.2. Africa Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. Insulated Cables Market Competitive Landscape And Company Profiles

    26.1. Insulated Cables Market Competitive Landscape

    26.2. Insulated Cables Market Company Profiles

    26.2.1. Southwire

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. 3M

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. ABL Electronic Supplies, Inc

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. AFC Cable Systems

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. Amphenol Corp

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The Insulated Cables Market

    28. Insulated Cables Market Trends And Strategies

    29. Insulated Cables Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global Insulated Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global Insulated Cables Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global Insulated Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global Insulated Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: China, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: India, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: Japan, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Australia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Indonesia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: South Korea, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: Western Europe, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: UK, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: Germany, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: France, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Russia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: North America, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: USA, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: South America, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: Brazil, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Middle East, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Africa, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 27: Southwire Financial Performance
  • Table 28: 3M Financial Performance
  • Table 29: ABL Electronic Supplies, Inc Financial Performance
  • Table 30: AFC Cable Systems Financial Performance
  • Table 31: Amphenol Corp Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global Insulated Cables Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global Insulated Cables Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global Insulated Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global Insulated Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: China, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: India, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: Japan, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Australia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: South Korea, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: UK, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: Germany, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: France, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Russia, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: North America, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: USA, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: South America, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: Brazil, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Middle East, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Africa, Insulated Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 27: Southwire Financial Performance
  • Figure 28: 3M Financial Performance
  • Figure 29: ABL Electronic Supplies, Inc Financial Performance
  • Figure 30: AFC Cable Systems Financial Performance
  • Figure 31: Amphenol Corp Financial Performance
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