Global High Temperature Cable Market Overview:
The high-temperature cable is defined as a single or group of conductors with a temperature rating of 125°C or higher. These products commonly consist of a conductor such as tinned copper, nickel, aluminum and nichrome with insulating materials such as propylene, silicone, etc. It is mostly used in industrial areas with fireproof and high thermal resistance Some of the key players profiled in the study are AFL (United States), SAB North America (United States), So-Cal Value Added (United States), Cleveland Cable Company (United Kingdom), SAB röckskes GmbH & Co. KG (Germany), Axon Cable SAS (France), AEN (France), Auxicom SA (France), Gulmay Limited (United Kingdom) and AD ASSEMBLIES LTD (United Kingdom).
On the basis of geography, the market of High Temperature Cable has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the High Temperature Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Insulating Material, the sub-segment i.e. Cross-linked polyethylene will boost the High Temperature Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Adaption of Electrical Appliances Such As Air Conditioner in Household Sectors Leads to the Growth in High-Temperature Cables
- Increasing Use of Electrical Power Systems in Manufacturing Industries Leads to the Growth in High-Temperature Cables
- The Use of Mineral Insulated Metal Sheath Cables Are Increasing
- Fluctuating Raw Material Prices
- Increasing Use of High Voltage Direct Current for Connecting Remote Generation in Mining Industries Leads to the Growth in High-Temperature Cables
Major Market Developments:
In November 2019, Radix Wire & Cable, a manufacturer of high-temperature wire and cable, launched the availability of Fluorinated ethylene propylene (FEP) and Perfluoroalkoxy alkanes (PFA) insulated thermocouple wire
In April 2017, AFL, manufacturer of fiber optic cable and accessories launched fiber optic high-temperature cable structure with proven performance to 300°C. This fiber optic high temp cable structure is available with unique specialty optical fiber that includes pure core single-mode, multimode and custom optical fiber structures. The cable can be constructed with Stainless Steel 316, Inconel 825 or Incolloy 625 materials depending upon the environment
The Market for the High-Temperature Cables is fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
High-Temperature Cables Manufacturers, New Entrants/Investors, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations and End-Use Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global High Temperature Cable market on the basis of product [Copper, Aluminum, Nickel, Nichrome, Molybdenum and Others] , application [Casting furnaces, Weld robotic cells, Electric arc furnaces, Blast furnaces, Die-cast plants, Utility power stations, Fire protection equipment and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the High Temperature Cable market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the High Temperature Cable industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Alpha Wire (United States), REMER SRL (Italy), PARASACCHI SRL (Italy), PATELEC-ELPENA SP. Z O.O. (Poland) and TEKTEL POLAND (Poland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the High Temperature Cable market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.