About Corrugated Aluminum Sheath Cable
The corrugated aluminum sheath cable is widely used in power, oil & gas, utilities, and technological applications. It is an impermeable aluminum alloy tube which is either has a smooth coating or corrugated which is applied over the core of the cable to offer mechanical protection. This type of cable when combined with the water-swellable tapes, prevents the longitudinal propagation of water and also provides protection against the mechanical damages.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.3% |
The Corrugated Aluminum Sheath Cable is a highly competitive market as there are many players in the market. The companies are planning to expand their product portfolio by investing in research and development activities. They are also engaging in strategic activities like new product launches, mergers and acquisitions to sustain in the market during the prevailing economic situation. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Corrugated Aluminum Sheath Cable market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nexans Canada Inc. (United States), Southwire Company, LLC (United States), Aberdare Cables (South Africa), Zhejiang Wanma Co., Ltd. (China), Wuxi Jiangnan Cable Co., Ltd., (China), Prysmian Group (Italy), TELE-FONIKA Kable S.A (Poland), Dekoron Wire and Cable LLC (United States) and RPG Group (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Corrugated Aluminum Sheath Cable market by , Application (Power, Oil & Gas, Utilities, Technology, Industrial and Others) and Region.
On the basis of geography, the market of Corrugated Aluminum Sheath Cable has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Cable Screen, the sub-segment i.e. Extruded Aluminum will boost the Corrugated Aluminum Sheath Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Corrugated Aluminum Sheath Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage Range, the sub-segment i.e. <150 KV will boost the Corrugated Aluminum Sheath Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Availability of Corrugated Aluminum Sheath Cable at Online Platform
Market Growth Drivers:
The Increasing Consumption of Electrical Products in Various Industry and Demand for Good Conductivity and Flexibility
Challenges:
Stiff Competition in Corrugated Aluminum Sheath Cable Market
Restraints:
Impact of Corrugated Aluminum Sheath Cable on Environment and High Cost Associated with Corrugated Aluminum Sheath Cable
Opportunities:
Growing Building Construction Industry and Technological Advancement in Various Industries will Boost the Corrugated Aluminum Sheath Cable Market
Market Leaders and their expansionary development strategies
On December 15, 2023, Prysmian Group, a global leader in the energy industry, announced the acquisition of a majority stake in General Cable, a prominent North American manufacturer of electrical wires and cables, including Corrugated Aluminum Sheath Cables (CASC). This acquisition could potentially lead to future product innovations or collaborations within the CASC market.
On December 7, 2023, The National Electrical Manufacturers Association (NEMA) published a revised standard for CASC (ANSI/NEMA WC 70), which outlines updated specifications and testing requirements for these cables. This update could influence future product development and adoption of CASC technology.
Key Target Audience
Corrugated Aluminum Sheath Cable Developers, Corrugated Aluminum Sheath Cable International Traders, Corrugated Aluminum Sheath Cable Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.