Wire and cables are in-dispensable mechanism of the current automotive business. Wires and cables are used in almost all applications in a vehicle. Seat heaters, air conditioners, lights, braking, transmission, engine, vehicle and many dashboard applications includes fuel meter and speedometer all require cable and wire for task. Cables are usually considered to be a group of independently insulated wires in a twisted structure, jacked collectively. Wires and cables in automotives contain advanced new technology and customer objectives and have enlarged exponentially with time.
How Big is the Automotive Wire and Cable Materials Market?
The automotive wire and cable materials market is expected to be around US$ 7.18 Billion by 2027; Growing at a CAGR of more than 6% in the given forecast period.
The major driving factors of automotive wire and cable materials market are as follows:
Restoration of U.S. economy introduce new demand for automotive cable and wire market
Increasing automotive demand to propel market for cables and wire globally
The restraining factors of automotive wire and cable materials market are as follows:
Disposal of automotive cables and wires
Environmental concerns about recycling
Sharp decline in automotive demand
The automotive wire and cable materials market is segmented on the lines of its product and regional. Based on product segmentation the automotive wire and cable materials covers polyvinyl chloride (PVC), cross linked polyethylene (XLPE), thermoplastic polyurethane (TPU), polyphenylene ether (PPE), polypropylene (PP), others such as co- polyester elastomer, ethylene propylene rubber, neoprene, polyurethane and fluoropolymers. The automotive wire and cable materials market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for automotive wire and cable materials and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for automotive wire and cable materials.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of automotive wire and cable materials with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Leoni AG, Coficab Tunisie SA, Yazaki Corporation, Draka Holding N.V., and Sumitomo Electric Industry. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Automotive wire and cable materials Market has been segmented as below:
By Product Segment Analysis
Polyvinyl Chloride (PVC)
Cross linked polyethylene (XLPE)
Thermoplastic polyurethane (TPU)
Polyphenylene ether (PPE)
Polypropylene (PP)
Others (Co- polyester elastomer, ethylene propylene rubber, neoprene, polyurethane and fluoropolymers)
By Regional Analysis
North America
Europe
Asia-Pacific
Middle East and Africa
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all automotive wire and cable materials globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of automotive wire and cable materials data.
4) Assess your competitor’s refining portfolio and its evolution.
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The Automotive wire and cable materials Market has been segmented as below:
By Product Segment Analysis
Polyvinyl Chloride (PVC)
Cross linked polyethylene (XLPE)
Thermoplastic polyurethane (TPU)
Polyphenylene ether (PPE)
Polypropylene (PP)
Others (Co- polyester elastomer, ethylene propylene rubber, neoprene, polyurethane and fluoropolymers)
By Regional Analysis
North America
Europe
Asia-Pacific
Middle East and Africa
Rest of the World
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