Industry Background:
Armored cable products offer distinct advantages and deliver maximum performance and ease of installation for a broad range of commercial, industrial and utility applications. The unique characteristics of this all-in-one cable assembly provide a substitute to labor-intensive cable-in-conduit installation methods. Featuring aluminum interlocked armor or continuously welded and corrugated aluminum sheath, armored cables demonstrate excellent crush, heat, moisture and chemical resistance to meet the requirements of harsh industrial conditions and hazardous locations. Armored cables are used in applications where cables will be exposed to mechanical or environmental damage under normal operating conditions. Armored cables can be also installed in trays, racks, hangers etc.This growth is primarily driven by Increasing Preference for Durable Wiring Solutions in Underground Applications and Growing Demand for Lightweight Electric Vehicles.
Globally, a noticeable market trend is evident Growing Power Transmission Industries. Major Manufacturers, such as Eland Cables (United Kingdom), Anixter Inc. (United States), General Cable Technologies Corporation (United States), Prysmian Group (Italy), Nexans S.A (France), General Cable (United States), LS Cable (South Korea), ABB (Switzerland), Anixter (United States), TBEA (China) and Sun Cable (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Preference for Durable Wiring Solutions in Underground Applications
- Growing Demand for Lightweight Electric Vehicles
Market Trend
- Growing Power Transmission Industries
Restraints
- Increasing Investments Made In Offshore Production Platforms
Opportunities
Increasing Investments Made In Offshore Production Platforms
Challenges
High Price as Compare to Other Cable
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Armored Cable Study Sheds Light on
The Armored Cable Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Armored Cable industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Armored Cable industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.