Copper is used in electric wiring since the invention of electromagnets. It acts as a conductor in electric wiring. These wirings find extensive use in power generation, power transmission, power distribution, telecommunication, electronic circuitry, and in many other electrical equipment. Copper wires are widely used for wiring owing to many advantages such as highest electrical conductivity among the commercial metals except silver, strength, formability, ease of joining, high thermal conductivity, and resistance to corrosion.
The market of copper cable market is expected to grow due to increase in demand for electricity, robust investments in building construction that will in turn help in the growth of the market, and development in mining techniques. One of the key opportunities is that the increase in demand for consumer electronics. With the growth of innovative products such as wearables the market is sure to see an upsurge in the near future.
Global Copper Cable market size will increase to 232300 Million US$ by 2026, from 169600 Million US$ in 2020, at a CAGR of 4.0% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Copper Cable.
This report covers the present status and the future prospects of the global Copper Cable market for 2015-2026.
The report offers detailed coverage of Copper Cable industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Copper Cable by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Elektrokoppar, KGHM, Luvata, Mitsubishi Materials Co., NBM Metals, Inc., Ningbo Jintian Copper Group, Sandvik AB, SH Copper Products Co., Ltd., Tatung Co., Tongling Jingda Electromagnetic Wire Co., Ltd.
Market Segment as follows:
Market by Order Type
Copper Wire
Copper Cable
Copper Cable Breakdown Data by Application
Building Wire
Communications Wire
Power Distribution
Others
Copper Cable Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Copper Cable market for the forecast period 2021 - 2026?
• What are the driving forces in the Copper Cable market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Copper Cable industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.