Global Ceramified Cable Market

Posted by chetana on June 2nd, 2021

Global Ceramified Cable market was valued at US$ 175.8 Mn in 2019 and is expected to reach US$ 279.8 Mn by 2026, at a CAGR of 5.3% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Global Ceramified Cable market Dynamics

Ceramified cable has increased the growth of traction over the last couple of years in developed countries due to the incorporation of these products as a part of safety systems to improve fire safety. As a result, Ceramified cables are developing, further technological advancement in these countries, particularly in Western European countries, which has implemented these cables at a reduced price as compared to other fire retardant cables.
Further, major factors governing the growth of the Ceramified cable market are the increasing adoption of these cables in highly temperature-sensitive applications, fuelled by the strict government regulations to enhance the safety of industrial and residential areas. Another factor aiding the growth of the market is the technical advantages and cost offered by these cables as compared to other competitive products.
Global Ceramified Cable market Segment analysis

In terms of voltage level, the low voltage Ceramified cables segment is anticipated to hold the leading share in the forecast period and a wide range of applications in the deployment market.
In terms of applications, the market is expected to be dominated by fire and smoke detection systems throughout the forecast period. The emergency lighting and signage applications segment are expected to grow rapidly during the forecast period.
Additionally, among end-use industries, the building end-use is anticipated to be the leading segment followed by industrial use of Ceramified cables.

The cable industry is continuously witnessing significant technological advancements during the forecasting period. The development of cables focused on reducing current drop through the length of the cable is one of the major milestones in safety enhancement and energy conservation in residential as well as commercial applications.
Global Ceramified Cable market Regional insights

Geographically, the European market is expected to be a leading contributor to the global Ceramified Cable market. In 2019, Europe was the largest market share in terms of revenue and volume. Due to increased focus on safety in critical application areas, for instance, high-rise buildings, which require a longer duration for evacuation in case of fire emergencies. Moreover, the market in Europe is anticipated to grow at a top compound annual growth rate during the forecast period, followed by the Asia Pacific.
Global Ceramified Cable Market, Key Highlights:

• Global Ceramified Cable Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Ceramified Cable Market
• Global Ceramified Cable Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Ceramified Cable Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Ceramified Cable Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Ceramified Cable Market are also profiled.
The Scope of the Global Ceramified Cable Market: Inquire before buying

Global Ceramified Cable Market, by Voltage Level:

• Low Voltage
• Medium Voltage
• High Voltage
Global Ceramified Cable Market, by End-User

• Building
• Industrial
• Transit
• Defense
Global Ceramified Cable Market, by Application:

• Fire and Smoke Detection System
• Emergency Communication
• Emergency Lighting and Signage
• Rescue Elevators
• Emergency Generators
Global Ceramified Cable Market, by Region:

• North America
• Europe
• Middle East & Africa
• Asia-Pacific
• Latin America
Global Ceramified Cable Market Key Players

• Wacker AG
• Siccet SRL
• Cavicel S.p.a.
• Prysmian Group
• Nexans S.A.
• Marmon Engineered Wire & Cable (VITALink)
• Tekab Co. Ltd.
• Birtas Instrumentation Cables
• Bhuwal Cables Ltd.
• KEI Industries Limited
• Bhuwal Cables Ltd.
• Tekab, Cavicel S.p.a

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