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Multi Core Armored Cable Market Trends

Report ID: GMI9076
Published Date: Apr 2024
Report Format: PDF

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Multi Core Armored Cable Market Trends

In the multi core armored cable industry, several trends are emerging. There's a growing demand for cables with higher data transmission capacity to support the expansion of telecommunications networks and the adoption of advanced technologies like 5G. Additionally, there's an increasing focus on durability and reliability, leading to the development of cables with enhanced armor and insulation materials to withstand harsh environmental conditions.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

Multi core armored cable market size was valued at USD 32.9 billion in 2023 and is anticipated to grow at 8.1% CAGR through 2032, driven the increasing demand for reliable and high-speed data transmission in industries, such as telecommunications, oil & gas, and construction.

The interlocked segment in the multi core armored cable industry is anticipated to exceed USD 36.5 billion by 2032, due to its enhanced flexibility, ease of installation, and resistance to external damage.

Asia Pacific multi core armored cable market is anticipated to surpass USD 25.6 billion by 2032, due to rapid industrialization, urbanization, and infrastructure development across the region.

ABB, Belden, General Cables, Havells, Hallukabel, Leoni Cables, Nexans, NKT A/S, Omni Cables, Prysmian S.P.A, Polycab, Riyadh Cables, RR Kabel and Sumitomo Electric Industries, Ltd.