North America Control Cable Market Size - By Cabe Type, By Voltage, By Application, By Country Outlook & Forecast, 2024 – 2032

North America Control Cable Market Size

North America Control Cable Market was valued at USD 3.82 billion in 2023 and is estimated to grow at a CAGR of 7.2% between 2024 and 2032, due to the increasing demand across manufacturing, automation, and telecommunications sector. The region's emphasis on technological advancements coupled with the expanding industrial infrastructure is driving the need for efficient control systems, thereby boosting the demand for control cables. The automotive sector's inclination towards electric vehicles further fuels the demand for specialized control cables thriving industry growth.
 

The major industry players are investing significantly in the cable industry and launching a variety of products, creating a large scope for control cable market in North America. For instance, in May 2023, Airgain, Inc. launched the EZConnect platform, showcasing a flexible antenna design with 1-foot cables and standard connectors. These connectors effortlessly link to a customizable cable harness.
 

COVID– 19 Impact

The COVID-19 pandemic has had varied impacts on the cable industry. However, in the post-COVID scenario, the control cable market is expected to witness steady growth as industries resume operations and infrastructure projects regain momentum. The increased emphasis on automation and digitalization across sectors will drive demand for control cables, essential for transmitting signals and ensuring efficient machinery operation, contributing to the overall recovery and expansion of the industrial landscape.
 

North America Control Cable Market Trends

The North America control cable industry is experiencing robust growth due to escalating demand for high-speed internet, expanding telecommunications infrastructure, and increased adoption of advanced technologies. The government are rising their focus towards renewable energy which will help the control cable industry to grow in coming years.
 

North America Control Cable Market Analysis

The CY cable segment holds more than 18.5% share of the North America control cable industry in 2023, primarily due to its superior characteristics and versatility. They are known for their exceptional shielding properties, providing excellent protection against electromagnetic interference. This makes them highly suitable for applications requiring reliable signal transmission and control in industrial settings. Their widespread adoption across different sectors has contributed significantly to the CY cable segment securing a substantial market share in North America.
 

The low voltage segment likely to attain about 7.5% CAGR through 2032 on account of its widespread applications and versatility across various applications. Low voltage systems are commonly employed in various industries, including residential, commercial, and industrial sectors, for powering control and automation systems. The increasing adoption of smart home technologies and the rising demand for efficient power distribution contribute to the low voltage segment's substantial market share, making it the preferred choice for diverse applications in the region.
 

The U.S. control cable market is anticipated to reach more than USD 5.50 billion by 2032. The United States dominates the control cable industry in North America due to a combination of factors such as advanced technological capabilities, a robust manufacturing infrastructure, and a large consumer base. Companies are launching new product in this industry on a large scale.
 

To cite an instance, in November 2021, Nexans introduced a new installation solution that secures, simplifies, and enables smart cable installations. The solution is a new addition to the company’s Mobiway range. The new technique simplified installation procedures using smarter cabling, thereby making the process quicker, safer, easier, and cost-efficient. This helps the segment contribute to its significant market share in the control cable industry within the North America region.
 

North America Control Cable Market Share

Prysmian's dominant market share in the North America control cable industry can be attributed to its comprehensive product offerings, cutting-edge technology, and a global presence. The company consistently invests in research and development, ensuring innovative solutions that meet diverse customer needs. With a robust manufacturing infrastructure, Prysmian efficiently produces high-quality wire and cable including power and control cable fostering customer trust and loyalty. Moreover, strategic acquisitions and partnerships have expanded its market reach.
 

The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry.
 

North America Control Cable Market Companies

The major players operating across the industry includes:

• ABB
• AT&T
• Belden Inc.
• Birla Cable Limited
• Finolex
• FURUKAWA ELECTRIC CO. LTD.
• Havells
• HELUKABEL
• KEI Industries Limited
• Leoni Cables
• LS Cable & System Ltd.
• Nexans
• NKT A/S
• Omni Cables
• Polycab
• Prysmian S.P.A
• Riyadh Cables
• RR Kabel
• Southwire Company, LLC.
• Sumitomo Electric Industries, Ltd.
• TE Connectivity
   

North America Control Cable Industry News

• In September 2022, Omni Cable announced the acquisition of Bay Wire. Bay Wire provides value-added services and just-in-time delivery of copper building wire and various wire and cable products to the electrical distribution sector. With the acquisition, Bay Wire continues to function independently while receiving support from Omni Cable whenever necessary.
   
• In January 2023, Nexans collaborated with TriMet for a joint development project to develop a material with recycled aluminum for the manufacturing of aluminum rod that is used in electrical cables. Both participants are focusing on reducing the carbon footprint as the product has the capability to fulfil technical requirements on the mechanical properties & conductivity of the alloy.
   

This North America control cable market research report includes in-depth coverage of the industry with estimates & forecast in terms of “’000 Tonnes” & “USD Million” from 2019 to 2032, for the following segments:

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Market, By Cable Type

• CY Cable
• YY Cable
• SY Cable
• LiYCY Cable
• LiYY Cable
• LiHH Cable
• LiHCH Cable

Market, By Voltage

• Low
• Medium
• High

Market, By Application

• Conveyor Systems
• Assembly Links
• Robotics Production Lines
• Air Conditioning Systems
• Machine
• Tool Manufacturing
• Power Distribution

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico