Global Mineral Insulated Cable Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Mineral Insulated Cable Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Mineral insulated cable is manufactured from completely inorganic material. The copper sheath and conductors, insulated with magnesium oxide ensure that the cable is able to withstand the effects of fire and is fully usable afterward. The mineral insulated cable system provides a simple solution to many difficult wiring problems and makes for a dependable and permanent installation for virtually all types of electrical circuits.

According to our (Global Info Research) latest study, the global Mineral Insulated Cable market size was valued at US$ 2000 million in 2023 and is forecast to a readjusted size of USD 4086 million by 2030 with a CAGR of 10.9% during review period.

Global core mineral insulated cable manufacturers include nVent, Okazaki Manufacturing, Jiusheng (TEC) Electric etc.The top 5 companies hold a share about 32%.Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 25% and 15%.In terms of product, mineral insulated power cable is the largest segment, with a share over 70%. And in terms of application, the largest application is buildings.

This report is a detailed and comprehensive analysis for global Mineral Insulated Cable market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Mineral Insulated Cable market size and forecasts, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2019-2030

Global Mineral Insulated Cable market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2019-2030

Global Mineral Insulated Cable market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2019-2030

Global Mineral Insulated Cable market shares of main players, shipments in revenue ($ Million), sales quantity (Km), and ASP (USD/Km), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Mineral Insulated Cable

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Mineral Insulated Cable market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NVent, Okazaki Manufacturing, Jiusheng (TEC) Electric, KME, Yuancheng Cable, ISOMIL, Baosheng Group, MICC Group, Emerson, Uncomtech, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Mineral Insulated Cable market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mineral Insulated Power Cable
Mineral Insulated Heating Cable

Market segment by Application
Buildings
Industrial
Others

Major players covered
NVent
Okazaki Manufacturing
Jiusheng (TEC) Electric
KME
Yuancheng Cable
ISOMIL
Baosheng Group
MICC Group
Emerson
Uncomtech
Far East Cable
Jiangsu Shangshang Cable
Wuxi Jiangnan Cable
Wanma Cable
Wrexham Mineral Cables
Thermon
Watlow
Chromalox
Trasor
Temptek Technologies

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Mineral Insulated Cable product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Mineral Insulated Cable, with price, sales quantity, revenue, and global market share of Mineral Insulated Cable from 2019 to 2024.

Chapter 3, the Mineral Insulated Cable competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Mineral Insulated Cable breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Mineral Insulated Cable market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Mineral Insulated Cable.

Chapter 14 and 15, to describe Mineral Insulated Cable sales channel, distributors, customers, research findings and conclusion.