The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased power generation is likely to stimulate innovation in the manufacture of fire-resistant cables, propelling the market during the forecast period.

The global fire-resistant cable market is expected to grow from $1.82 billion in 2022 to $1.91 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The global fire-resistant cable market size is expected to reach $2.22 billion in 2027 at a CAGR of 3.8%.

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Global Fire-Resistant Cable Market Segments Include:

• By Insulation Material: Ethylene Propylene Rubber-Insulated (EPR), Low Smoke Zero Halogen (LSZH), Polyvinyl Chloride (PVC), Cross Linked Poly Ethylene (XLPE), Other Types
• By Voltage: 15kV, 16-30 KV, >30KV
• By End-Use Industry: Automotive And Transportation, Building And Construction, Energy, Manufacturing, Other End-Use Industries
• 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 fire-resistant cable market in 2021.

Major Market Players in the fire-resistant cable market include LS Cable & System Ltd., Nexans SA, Prysmian SpA, Tratos Limited, EL Sewedy Electric Company, Leoni AG, NKT A/S, Relemac Technologies Pvt Ltd., TPC Wire & Cable Corp.

Product developments have emerged as the most popular trend in the fire-resistant cable market. To increase their market position, major businesses in the fire-resistant cable industry are creating product advancements. For example, in May 2020, American FireWire, a fire-resistant cable manufacturer based in the United States, released AFW-2HFR-3, a Generation 3 Fire-Resistant Coaxial Cable for DAS Installations with First Responders in Mind. It offers unique features such as a 50-Ohm, two-hour fire-rated coaxial cable ideal for DAS deployments. Disasters such as floods, fires, and earthquakes, which limit communications available to first-responder teams on the ground, can be avoided with the necessary components of public safety DAS systems.

The Fire-Resistant Cable Global Market Report 2023  provides a fire-resistant cable market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fire-resistant cable market forecast analyzes fire-resistant cable market size, fire-resistant cable market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Flame resistant cables are high-performance fireproof cables that work effectively in high-risk fire breakout situations. A fire-resistant cable is designed to transfer electrical energy in hazardous conditions such as a fire, ensuring power to emergency equipment such as signalling, smoke extractors, audio alarms, water pumps, and others.

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