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Pulished Date November, 2020
ID: 10481
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Armored Cable Market Segmentation By Armor Type (Interlocked and Continuously Corrugated Welded), By Core Type (Single Core and Multi-Core), By End User (Construction, Gas and Oil, Manufacturing, Mining, Communication, and Others), and Region - Industry Forecast of 2020 to 2025

Pulished: November, 2020
ID: 10481
Pages: 175

Armored Cable Market Size, Share, Growth Analysis:

The global armored cable market is foreseen to expand with a considerable compound annual growth rate in the coming years. The call for armored cables is driven by conductors, which should support the expansion of research collaborations and partnerships in the industry. However, there are also a few restrictions can hamper this expansion. An optical cable that comes with a plastic or rubber coating is called an armored cable. This additional coverage is employed to protect against mechanical damage. Coaxial cable is employed as a shielding layer. An armored layer is a covered sheet that is textured like ribbed metal to allow flexibility. Flood compound is added to the outside and inside of this wrapping sheet to prevent moisture from entering the cable and causing damage. The internal assembly of this cable has several layers to prevent damage to the cable. During the last decade, the worldwide call for cables and wires has escalated dramatically due to significant government investment in the development and construction of infrastructure. Furthermore, rapid industrialization in developing countries requires the establishment of a new electricity transmission network, as well as the renewal of the existing electricity transmission and distribution network.

Armored Cable Market Trends:

Stainless steel is an important component and is predicted to see significant expansion in the future. The growing preference for durable cabling solutions in underground applications in the power transmission and manufacturing industries is predicted to drive expansion in this segment in the coming years. The growing trend for light electric vehicles in the worldwide automotive industry is predicted to drive call for aluminum-based armored cables.

Armored Cable Market Recent Developments in the industry:

  • Prysmian Group, the manufacturer of electrical and telecommunications cables, launched the world's first armored non-metallic submarine cables for power transmission. The armor of these cables is made of a composite material based on high modulus synthetic fibers.
  • L-com Worldwide Connectivity, a manufacturer of wired and wireless connectivity products, has launched a new line of M12 armored cable assemblies for use with Industrial Ethernet, test equipment, I / O connectivity, sensors and actuators, and control. Industrial and manufacturing automation.

Armored Cable Market Drivers

Strong call for armored cables in the oil and gas industry is the main driver of the expansion of the global armored cable market. These cables are specially designed for applications in the oil and gas industry, such as exploration, extraction, production and refining of petrochemicals and gas. In addition, the leading companies operating in the worldwide armored cable market are focusing on developing specific and customized cables for different applications in various industries. This, in turn, is predicted to further drive the expansion of the global armored cable market in the coming years.

Restraints:

However, the cyclical nature of the industry is a great challenge. Cable manufacturers deal with large established customers on the one hand and large raw material suppliers on the other. This can indirectly constrain the market during the foreseen period.

Opportunities in the Armored Cable Market:

It is predicted that escalated investment in the development of autonomous vehicles will provide significant expansion opportunities in the automotive sector in the future. Furthermore, the escalating adoption of advanced technologies and systems in the telecommunications industry is likely to present lucrative opportunities in the coming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 - 2025

CAGR

-

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Atkore International, Belden, LS Cable & System, Nexans, Prysmian, Service Wire Company, Southwire Company, The Okonite Company, Omni Cable Corporation, and Anixter International.

Armored Cable Market

Armored Cable Market Segmentation:

By armored type:

  • Interlocked
  • Continuously Corrugated Welded

The continuous corrugated welding (CCW) segment is predicted to have a significant share of the global armored cable market during the predicted period. CCW's low installation cost is the driving force behind its applications in the refining industry. Escalating investments in offshore production platforms, refineries, LNG facilities, and petrochemical processing plants around the world are also supposed to drive call for CCW armored cables in the future.

By core type:

  • Single Core
  • Multi-Core

The multi-core segment is likely to show considerable CAGR in the coming years, due to its ease of handling, flexibility and cost-effectiveness that fuels its call for various industrial applications and makes it more preferred by end-users.

By end user:

  • Construction
  • Gas and Oil
  • Manufacturing
  • Mining
  • Communication
  • Others

The oil and gas industry contributed a significant portion of revenue in 2019 and is predicted to post a significant CAGR over the foreseen period. Major manufacturers in the oil and gas industry are increasingly investing in advanced manufacturing and processing technologies to lower production costs and increase production volume. This, in turn, is predicted to fuel the call for armored cables.

Armored Cable Market Regional Analysis:

  • North America 
  • Europe
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

By region, the Asia Pacific armored cable market accounted for a significant portion of revenue in 2019 and is also estimated to increase significantly over the foreseen period. India and China are the main armored cable countries in the area due to rapid industrialization and huge government investments in infrastructure development in the region. The expansion of the North American armored cable market can be attributed to the escalating number of infrastructure developments observed in the United States, the increase in the per capita income of the regional population, and the improvement in economic conditions. Well-developed application industries such as construction, utilities, telecommunications and consumer goods are predicted to provide considerable expansion opportunities for this market in the future. Being one of the industrialized regions, the energy sector is essential for the operations of various industries in this region. It is one of the important factors driving the expansion of the armored cable market in these areas.

Asia-Pacific is likely to be one of the fastest-growing regions for the armored cable market during the foreseen period. Some of the fastest-growing economies and the rising call for energy and electricity to meet a large population and industries are predicted to drive call in this locale. China and India are predicted to post significant call during the outlook period. The Middle East, which includes the United Arab Emirates, Saudi Arabia, Iran, Qatar and others, promises high market potential during the envisioned period. The rest of the world, including South America and Africa, are emerging regions in terms of market call.

Armored Cable Market Key Players:

Some of the major players operating in the global armored cable market are Atkore International, Belden, LS Cable & System, Nexans, Prysmian, Service Wire Company, Southwire Company, The Okonite Company, Omni Cable Corporation, and Anixter International.

 

1. Introduction                             

              1.1 Market Definition                  

              1.2 Scope of the report               

              1.3 Study Assumptions               

              1.4 Base Currency, Base Year and Forecast Periods                       

2. Research Methodology                                       

              2.1 Analysis Design                      

              2.2 Research Phases                    

                             2.2.1 Secondary Research          

                             2.2.2 Primary Research 

                             2.2.3 Data Modelling    

                             2.2.4 Expert Validation 

              2.3 Study Timeline                       

3. Report Overview                                    

              3.1 Executive Summary              

              3.2 Key Inferencees                     

4. Market Dynamics                                   

              4.1 Impact Analysis                      

                             4.1.1 Drivers     

                             4.1.2 Restaints 

                             4.1.3 Opportunities       

              4.2 Regulatory Environment                    

              4.3 Technology Timeline & Recent Trends                         

5. Competitor Benchmarking Analysis                                

              5.1 Key Player Benchmarking                   

                             5.1.1 Market share analysis       

                             5.1.2 Products/Service  

                             5.1.3 Regional Presence

              5.2 Mergers & Acquistion Landscape                   

              5.3 Joint Ventures & Collaborations                     

6. Market Segmentation                                          

              6.1 Armored Cable Market, By Armor Type                      

                             6.1.1 Interlocked            

                             6.1.2 Continuously Corrugated Welded

                             6.1.3 Market Size Estimations & Forecasts (2019-2024) 

                             6.1.4 Y-o-Y Growth Rate Analysis            

                             6.1.5 Market Attractiveness Index          

              6.2 Armored Cable Market, By Core Type                         

                             6.2.1 Single Core            

                             6.2.2 Multi-Core             

                             6.2.3 Market Size Estimations & Forecasts (2019-2024) 

                             6.2.4 Y-o-Y Growth Rate Analysis            

                             6.2.5 Market Attractiveness Index          

              6.3 Armored Cable Market, By End-User                           

                             6.3.1 Construction         

                             6.3.2 Oil & Gas 

                             6.3.3 Communication   

                             6.3.4 Mining     

                             6.3.5 Manufacturing     

                             6.3.6 Market Size Estimations & Forecasts (2019-2024) 

                             6.3.7 Y-o-Y Growth Rate Analysis            

                             6.3.8 Market Attractiveness Index          

7. Geographical Landscape                                     

              7.1 Global Identity Governance and Administration Market, by Region                            

              7.2 North America - Market Analysis (2018 - 2024)                        

                             7.2.1 By Country            

                                           7.2.1.1 USA

                                           7.2.1.2 Canada

                            7.2.2 By Armor Type     

                             7.2.3 By Core Type        

                             7.2.4 By End-User          

              7.3 Europe                      

                             7.3.1 By Country            

                                           7.3.1.1 UK

                                           7.3.1.2 France

                                           7.3.1.3 Germany

                                           7.3.1.4 Spain

                                           7.3.1.5 Italy

                                           7.3.1.6 Rest of Europe

                             7.3.2 By Armor Type     

                             7.3.3 By Core Type        

                             7.3.4 By End-User          

              7.4 Asia Pacific                

                             7.4.1 By Country            

                                           7.4.1.1 China

                                           7.4.1.2 India

                                           7.4.1.3 Japan

                                           7.4.1.4 South Korea

                                           7.4.1.5 South East Asia

                                           7.4.1.6 Australia & NZ

                                           7.4.1.7 Rest of Asia-Pacific

                             7.4.2 By Armor Type     

                             7.4.3 By Core Type        

                             7.4.4 By End-User          

              7.5 Latin America                         

                             7.5.1 By Country            

                                           7.5.1.1 Brazil

                                           7.5.1.2 Argentina

                                           7.5.1.3 Mexico

                                           7.5.1.4 Rest of Latin America

                             7.5.2 By Armor Type     

                             7.5.3 By Core Type        

                             7.5.4 By End-User          

              7.6 Middle East and Africa                       

                             7.6.1 By Country            

                                           7.6.1.1 Middle East

                                           7.6.1.2 Africa

                             7.6.2 By Armor Type     

                             7.6.3 By Core Type        

                             7.6.4 By End-User          

8. Key Player Analysis                                

              8.1 Atkore International                           

                             8.1.1 Business Description         

                             8.1.2 Products/Service  

                             8.1.3 Financials

                             8.1.4 SWOT Analysis     

                             8.1.5 Recent Developments       

                             8.1.6 Analyst Overview 

              8.2 Belden                       

              8.3 LS Cable & System                 

              8.4 Nexans                      

              8.5 Prysmian                   

              8.6 Service Wire Company                       

              8.7 Southwire Company                           

              8.8 The Okonite Company                       

              8.9 Omni Cable Corporation                    

              8.10 Anixter International                        

9. Market Outlook & Investment Opportunities                             

Appendix                                       

              List of Tables                   

              List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Armored Cable Market By Region, From 2020-2025 ( USD Billion )
  2. Global Armored Cable Market By Armor Type, From 2020-2025 ( USD Billion )
  3. Global Interlocked Market By Region, From 2020-2025 ( USD Billion )
  4. Global Continuously Corrugated Welded Market By Region, From 2020-2025 ( USD Billion )
  5. Global Armored Cable Market By Core Type, From 2020-2025 ( USD Billion )
  6. Global Single Core Market By Region, From 2020-2025 ( USD Billion )
  7. Global Multi-Core Market By Region, From 2020-2025 ( USD Billion )
  8. Global Armored Cable Market By End-User, From 2020-2025 ( USD Billion )
  9. Global Construction Market By Region, From 2020-2025 ( USD Billion )
  10. Global Oil & Gas Market By Region, From 2020-2025 ( USD Billion )
  11. Global Communication Market By Region, From 2020-2025 ( USD Billion )
  12. Global Mining Market By Region, From 2020-2025 ( USD Billion )
  13. Global Manufacturing Market By Region, From 2020-2025 ( USD Billion )

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