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North America Control Cable Market Size
- Report ID: GMI8446
- Published Date: Mar 2024
- Report Format: PDF
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Control Cable Market Size in 2023: | USD 3.82 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 7.2% |
| 2032 Value Projection: | USD 7.48 Billion |
| Historical Data for: | 2018 – 2023 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 92 |
| Segments covered: | Cable Type, Voltage, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America Control Cable Market Scope
