The Global Cable Market is expected to grow by $ 88.49 billion during 2021-2025, progressing at a CAGR of 7.10% during the forecast period

New York, Jan. 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Cable Market 2021-2025” – https://www.reportlinker.com/p04611159/?utm_source=GNW
Our report on the cable market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by government initiatives to expand or upgrade T&D systems and increase in renewable energy generation. In addition, government initiatives to expand or upgrade T&D systems is anticipated to boost the growth of the market as well.
The cable market analysis includes the end-user segment and geographic landscape.

The cable market is segmented as below:
By End-User
• Telecommunication
• Power transmission
• Construction
• Refineries and oil rigs
• Others

By Geographic
• APAC
• Europe
• North America
• South America
• MEA

This study identifies the implementation of smart grid technologyas one of the prime reasons driving the cable market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cable market covers the following areas:
• Cable market sizing
• Cable market forecast
• Cable market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cable market vendors that include Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., Leoni AG, LS Cable and System Ltd., Nexans SA, NKT AS, Prysmian Spa, Southwire Co. LLC, and Sumitomo Corp. Also, the cable market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04611159/?utm_source=GNW

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(GlobeNewsWire)