Armored Cable Market, By Material Type (Aluminum, Stainless Steel, Other), By Armored Type (Interloc

Published Date: | Report Code : MT1951604

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The Armored Cable Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Construction, Gas & Oil, Manufacturing, Mining, Communication and Others during the forecast period. 

Armored cable is commonly known as SWA (Steel Wired Armored) or AWA (Aluminum Wired Armored) cable. It is made of different materials with insulating material mounted in a metal casing. Armored Cable has excellent properties such as better compressive strength, corrosion resistance, and others. It is used in a medium voltage range of 600V-36kV.

Segment Analysis:

The global armored cable market is segmented on the basis of material type, armored type, core type, British standards Code and end user industry. On the basis of material type, this market is classified into aluminum, stainless steel and other. Steel wire armor is available only in the multicore versions of the cable. The stainless steel armored cable segment is expected to dominate the market due to its wide usage in underground applications of manufacturing and power transmission industries. By armored type, the market includes interlocked and continuously corrugated welded (CCW). The continuously corrugated welded (CCW) segment is anticipated to show high demand due to the low installation cost of continuously corrugated welded (CCW). By core type, this market is classified into a single core and multi-core. The Multi-core segment is expected to boom because of ease of handling, flexibility, and cost-effectiveness that is fuelling its demand for diverse industrial applications. By region, the global armored cable market is expected to boom in the Asia Pacific region due to rapid industrialization and huge government investments made in infrastructural developments across the region. 

Key Factors Impacting Market Growth:

  • Increasing demand for armored cable in the oil and gas industry
  • Increasing government investments made in infrastructural development 

Regional Analysis:

The armored cable market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe are major regions for armored cable market owing to diversified demand from end-use industries and competitive scenario. Some of the major end-use industries in these regions include end-use industries such as Construction, Gas & Oil, Manufacturing, Mining, Communication and Others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for armored cable market in these regions include US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies.

Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Construction, Gas & Oil, Manufacturing, Mining, Communication and Others are some of the major industries in the region with strong potential for armored cable market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of key markets with demand from end-use industries such as Construction, Gas & Oil, Manufacturing, Mining, Communication and Others.

Companies Covered: Belden, LS Cable & System, Nexans, Prysmian, Service Wire Company, Southwire Company, The Okonite Company, Omni Cable Corporation, and Anixter International… 

Market Segmentation:

By Material Type:

  • Aluminum
  • Stainless Steel
  • Other

By Armored Type:

  • Interlocked
  • Continuously Corrugated Welded

By Core Type:

  • Single Core
  • Multi-Core

By British Standards Code:

  • BS5467
  • BS6622
  • BS6724
  • BS7835
  • BS6387
  • BS7846
  • Other

By End User Industry:

  • Construction
  • Gas & Oil
  • Manufacturing
  • Mining
  • Communication
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Material Type
    • By Armored Type
    • By Core Type
    • By British Standards Code
    • By End User Industry

Reasons to Buy This Report:

  • Market size estimation of the global armored cable market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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