Global Communication And Energy Wire And Cable Market Overview And Prospects – Includes Communication And Energy Wire And Cable Market Size
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The global communication and energy wire and cable market is expected to grow from $146.89 billion in 2021 to $162.23 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The global communication and energy wire and cable market size is expected to grow to $201.19 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%.
The growth in the communication and energy wire and cable market is due to increasing infrastructure and rapid population growth.
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The communication and energy wire and cable market consists of sales of communication and energy wires and cables by entities (organizations, sole traders, and partnerships) that produce insulating fibre optic cable and insulated nonferrous wire and cable from nonferrous wire drawn in other establishments.
Global Communication And Energy Wire And Cable Market Segments Include:
By Type: Fiber Optical Cable, Others
By Cable Design: Ribbon Tube, Loose Tube, Tight Buffered, Central Core, Others
By Deployment: Underground, Underwater, Aerial, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global communication and energy wire and cable market in 2021.
Polymer optic fibre is widely used in automotive, aircraft manufacturing, electronics, and other industries apart from the telecommunications industry. Polymer optic fibre, which is similar to glass optic fibre, is made with polymer and transmits light through the core of the fibre. It comprises polymethyl methacrylate (PMMA) which facilitates light transmission, along with fluorinated polymers, which are the cladding material. Polymer optic fibres are lightweight, comparatively less expensive, and support bit rates of up to 10Gbps. Polymer optic fibre applications include the Internet of Things, home networking, and sensors for structural health monitoring.
TBRC’s Communication And Energy Wire And Cable Market Report Covers:
Major Market Players: Sumitomo Electric Industries Ltd., Prysmian Group, Furukawa Electric, Leoni AG, and Southwire Company LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Communication And Energy Wire And Cable Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides communication and energy wire and cable market overviews, analyzes and forecasts market size, share, communication and energy wire and cable market players, communication and energy wire and cable market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s communication and energy wire and cable market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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