Global Automotive Cables Market - Growth, Trends, And Outlook 2031

Posted by Biswadeep on July 20th, 2022

The Automotive Cables Global Market Report 2022-31 by The Business Research Company describes and explains the global automotive cables market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Automotive Cables Global Market Opportunities And Strategies Report covers automotive cables market drivers, automotive cables market trends, automotive cables market segments, automotive cables market growth rate, automotive cables market major players, and automotive cables market size.

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https://www.thebusinessresearchcompany.com/report/automotive-cables-market

The automotive cables market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.

The Automotive Cables Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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A key automotive cables market trend:

Aluminum-based cables are becoming more popular in the automotive cables market. Aluminum cables are 40% lighter than conventional copper wires and can reduce the weight of wires from 25 kgs per vehicle to about 15 kgs. Companies are increasingly focusing on ways to achieve weight reduction of vehicles and improved efficiency in the manufacturing process of vehicles. For instance, in 2020, South Korean-based cable manufacturer, LS Cable & System started mass-producing aluminum wires for electric vehicles. The company strongly believes that aluminum will become a key material for vehicles amid growing competition in EV industries.

The report covers the automotive cables market segments:
1) By Product Type: Copper Core, Aluminum Core, Other Product Types
2) By Sales Channel: Direct Channel, Distribution Channel
3) By Application: Automotive Primary Wire and Battery Cable, Brake Cable, Trailer Cable, Car Speaker Wire, Fusible Link Wire

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