(2020-2030) Wires And Cables Market Size, Share, Growth And Trends

Posted by ramacharitbrc on November 26th, 2020

The Business Research Company’s latest report Wires And Cables Global Market Report 2020 covers Wires And Cables market drivers, Wires And Cables market trends, Wires And Cables market segments, Wires And Cables market growth rate, Wires And Cables market major players, and Wires And Cables market size. The report provides in-depth analysis of the impact of COVID-19 on the Wires And Cables industry, along with revised market numbers due to the effects of the coronavirus.

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Wires And Cables Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. 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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The global wires and cables market is expected to decline from 6.2 billion in 2019 to 2.7 billion in 2020 at a compound annual growth rate (CAGR) of -1.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach 3.8 billion in 2023.

The report covers the Wires And Cables market’s segments-

1) By Type: Other Cables, Coaxial Cables, Fiber Optical Cable.

2) By End-Use Industry: Energy, Telecommunications, Building & Construction, Industrial Manufacturing, Automotive, Medical Equipment, Others.

3) By Sales Channel: OEM, Aftermarket.

4) By Mode: Online, Offline.

Subsegments Covered: Insulated Cables, Shipboard Cables, Aircraft And Automotive Cables, Single-Mode Fiber Cable, Multimode-Fiber Cable

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