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PLTC Instrumentation Cable Market Share

Report ID: GMI8306
Published Date: Feb 2024
Report Format: PDF

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PLTC Instrumentation Cable Market Share

Prysmian Group dominates the PLTC instrumentation cable industry primarily due to its commitment to innovation, high-quality products, and a comprehensive range of offerings tailored to diverse industrial needs. With a global presence and extensive research and development capabilities, Prysmian consistently introduces advanced solutions that meet evolving industry standards.

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

ABB
Belden Inc.
CommCsope
Elseweddy Electric
Fujikura Ltd.
Furukawa Electric Co. Ltd.
Hellenic Group
Helukabel GmbH
Kabelwerk Eupen AG.
Lapp Group
Leoni AG
LS Cable & Systems
Nexans
NKT A/S
Polycab
Prysmian Group
Shawcor
Sumitomo Electric

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market valuation of PLTC instrumentation cable was reached USD 2.7 billion in 2023 and is estimated to grow at over 7.6% CAGR from 2024 to 2032, driven by the increasing demand across diverse industries, such as oil & gas, chemical, process automation, and manufacturing.

The overall shielded pairs/triads segment held over 60% share of the PLTC instrumentation cable market in 2023 and is expected to record substantial growth through 2032, owing to the increasing need for reliable signal transmission in industrial environments.

North America PLTC instrumentation cable market size is projected to surpass USD 1 billion by 2032, due to the continuous advancements and the widespread adoption of smart technologies in infrastructure and industrial applications.

Some of the top PLTC instrumentation cable market players are ABB, Belden Inc., CommCsope, Elseweddy Electric, Fujikura Ltd., Furukawa Electric Co. Ltd., Hellenic Group, Helukabel GmbH, Kabelwerk Eupen AG., Lapp Group, Leoni AG, Nexans, NKT A/S, Polycab, Prysmian Group, Shawcor, and Sumitomo Electric.