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Increasing demand for armored cable in the oil and gas industry is expected to drive the growth of Armoured Cable Market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.
Armoured cable is commonly known as SWA (Steel Wired Armoured) or AWA (Aluminium Wired Armoured) cable. It is made of different materials with insulating material mounted in a metal casing. Armoured Cable has excellent properties such as better compressive strength, corrosion resistance, and others. It is used in a medium voltage range of 600V-36kV.
The global armoured cable market is segmented on the basis of material type, 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 armour is only in multicore versions of the cable. This market is expected in the stainless steel armoured cable segment due to it is widely used 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 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 armoured cable market is expected to booming 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 regional outlook for armoured cable market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for armoured cable market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of armoured cablemarket in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. Asia Pacific is estimated one of the fastest growing regions for armoured cable market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.
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 armoured 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
Customization:
We provide customization of the study to meet specific requirements:
By Segment
By Sub-segment
By Region/Country
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