The global wire and cable market includes companies operating in a wide range of product portfolio. Each category has some well-established key players and owing to different markets in which they operate and compete it is not feasible to determine key five players in the overall wire and cable market. However, based on parameters such as overall revenue, brand image, current wire and cable product portfolio, geographic reach, customer base, technology adoption & integration, new product/service/feature launches, partnerships, mergers & acquisitions, and other market-related activities, we have listed above five key players operating at a global level.

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According to our latest wire and cable market study on “Wire and cable market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and End Use industry,” The market is expected to grow from US$ 153,334.35 million in 2022 to US$ 224,402.27 million by 2028; it is expected to grow at a CAGR of 6.6 % from 2022 to 2028.

The global wire and cable market is fragmented with a large number of players catering to domestic and international demand. The top five key players operating in the global wire and cable market include Sumitomo Electric Industries Ltd, Leoni AG, Furukawa Electric Industries Ltd, Prysmian Group, and Hitachi. Apart from these players there are others such as ASK Automotive Pvt. Ltd; R KABEL; Bergen Cable Technology; Elliott Manufacturing; Carl Stahl Sava Industries, Inc.; Lexco Cable; Cablecraft; Top Cable; Guangdong Jinlianyu Cable Industrial Co., Ltd; and Henan Sanheng Industrial Co., Ltd operating in the global wire and cable market. Key participants in the wire and cable market are adopting several growth strategies such as product launches, expansions, agreements, joint ventures, investments in futuristic technologies, partnerships, and acquisitions which is anticipated to propel the global wire and cable sales. Furthermore, high and fast-growing number of start-ups in this market are anticipated to drive the growth of the market over the forecast period of 2022 to 2028.

Key Findings of Study

Based on region, the wire and cable market is segmented into five regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Further, Asia Pacific dominated the overall wire and cable market in 2021. North America contributed the second-largest share of the and cable market in 2021, followed by Europe. The global wire and cable market is segmented into type, end use industry, and geography. Based on type, the wire and cable market is segmented into cable, wire, and push-pull controls. Further, the cable segment is bifurcated into safety cable and control cable. The wire segment is expected to dominate the wire and cable market during the forecast period. Based on end use industry, the wire and cable market is segmented into aircraft, transportation, medical, marine, and construction. The transportation segment is expected to dominate the wire and cable market during the forecast period.

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