Control Cable Market Size, Industry Trends and Forecasts to 2024: Hexa Research

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Control Cable Market Size, Industry Analysis, Share, Growth,
Demand and Forecast Report up to 2024 | Hexa Research
" Applications in process control systems & automation can
fuel the global control cable market over the forecast period
(2016 to 2024). The U.S. market is poised to register the
highest growth rate over the next couple of years."
The global Control Cable Market is expected to record considerable growth during the forecast period (2016 to
2024). High demand from industries, like automation and process control systems will fuel the global industry
till 2024. Control cables are types of instrumentation cables that measure and regulate the automation process.
They are used as interconnections between static and mobile equipment. Favorable performance of th e U.S.
market may have a direct impact on the global industry in the years to come. Surging demand for control cable
products in construction, building, rail, and transport can fuel this region.
The global control cable market is segmented on the basis of products, energy chains, applications, and regions.
Based on products, the divisions are screened flexible (CY), shielded flex (SY), and unscreened cables (YY).
Screened flexible cables find use in space saving installations and in applications that are free of interference.
These cables protect the external layers from mechanical stress and electromagnetic impacts. They are utilized
in interconnecting cables that measure, regulate, and control office machines, systems for processing data, and
assembly line equipment.
Shielded flex cables offer superior electrical performance, mechanical protection, and high reliability. These
cables contain galvanized steel braids that make them durable and very sturdy. They find use in construction &
industrial machineries, air conditioning installations, and in plant engineering. In outdoor applications, SY cables
offer high efficiency in dry and moist climatic conditions.
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Unscreened control cables are applied in areas that face low mechanical stress. They are used in both outdoor
and indoor applications. However, in case of the former, the conditions must necessarily be dry and protected.
Just like screened flexible cables, these too are applied extensively in space saving installations. Production
lines, manufacturing machine tools, conveyor systems, and air conditioning systems are its main applications.
Based on energy chains, the worldwide Control Cable Market is fragmented into PVC (polyvinyl chloride), PUR
(polyurethane), and TPE (thermoplastic elastomer). Polyvinyl chloride is generally used in the outer coverings of
cables. PUR has a minimum bending radius that is five to thirteen times the diameter of cables. This material is
a key component in the outer jackets of cables. Thermoplastic elastomers have a minimum bending radius
which is four or five times the cable diameter. Substantial demand from bulk handling equipment industry,
agriculture, construction plant, marine, motorsport, and road transport could propel this segment robustly in
the forecast period.
In terms of applications, the overall Control Cable Market is segmented into bulk handling equipment, marine,
road transport, motor sport, agriculture, and construction plant. On the basis of regions, the worldwide
industry is divided into Asia Pacific, North America, Europe, the Middle East & Africa. Asia Pacific is anticipated
to expand robustly over the forecast period because of substantial demand from developing economies. India is
a very lucrative market in this region because it has a large pool of manufacturers active ly engaged in the
production of specialized control cables. Technological developments coupled with innovation will be a
cornerstone for regional growth. Prominent companies in the global control cable market are Texcan, Techno
Flex Cables, Orient Cables, Prysmian, General Cable Technologies Corporation, and Nexans.
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Table of Content of Control Cable Market
Table of Contents
1. Methodology & Scope
1.1 Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modeling and Forecast
1.1.3 Industry Insights and Validation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
2. Executive Summary
2.1 Industry Summary of Control Cable Market
3. Industry Outlook
3.1 Control Cable Market Segmentation
3.2 Control Cable Market Size and Growth Prospects
3.3 Control Cable Market Dynamics
3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 Control Cable Market share by application, 2016 & 2024
5. Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa)
5.6 RoW (Rest of the World)
6. Competitive Landscape
6.1 Texcan
6.1.1 Company Overview
6.1.2 Revenue Analysis
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Techno Flex Cables
6.2.1 Company Overview
6.2.2 Revenue Analysis
6.2.3 Product Benchmarking
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6.2.4 Strategic Initiatives
6.3 Orient Cables
6.3.1 Company Overview
6.3.2 Revenue Analysis
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Prysmian
6.4.1 Company Overview
6.4.2 Revenue Analysis
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 General Cable Technologies Corporation
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Nexans
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
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Applications in process control systems & automation can fuel the global control cable market over the forecast period (2016 to 2024).