Global Mining Cables Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Mining Cables Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Mining Cables market size was valued at USD 8765.8 million in 2022 and is forecast to a readjusted size of USD 11900 million by 2029 with a CAGR of 4.5% during review period.

Mining cable is a generic term that describes cable used for distributing power to equipment in mining tunnels, large shovels and drills.

In the Chinese market, major manufacturers of mining cables include Jiangsu Shangshang and Jiangsu Baosheng Technology.

According to product types, mining cables can be divided into rubber-sheathed cables, plastic cables, and mining machine cables. Rubber-sheathed cables occupy a dominant position, accounting for about 57% of the total market share. From the application point of view, underground mining is the market leader, which occupies more than 80% of the total market share, followed by open-pit mining.

Global key players of Mining Cables include Prysmian, Nexans and Jiangsu Shangshang Cable, etc. The top three players hold a share over 20%. Asia-Pacific is the largest market, has a share about 44%. In terms of product type, Rubber Cable is the largest segment, occupied for a share of about 75%, and in terms of application, Surface Mining has a share about 54 percent.

The Global Info Research report includes an overview of the development of the Mining Cables industry chain, the market status of Surface Mining (Rubber Cable, Plastic Cable), Underground Mining (Rubber Cable, Plastic Cable), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Mining Cables.

Regionally, the report analyzes the Mining Cables markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Mining Cables market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Mining Cables market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Mining Cables industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Meters), revenue generated, and market share of different by Type (e.g., Rubber Cable, Plastic Cable).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Mining Cables market.

Regional Analysis: The report involves examining the Mining Cables market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Mining Cables market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Mining Cables:

Company Analysis: Report covers individual Mining Cables manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Mining Cables This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Surface Mining, Underground Mining).

Technology Analysis: Report covers specific technologies relevant to Mining Cables. It assesses the current state, advancements, and potential future developments in Mining Cables areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Mining Cables market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Mining Cables market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Rubber Cable
Plastic Cable

Market segment by Application
Surface Mining
Underground Mining

Major players covered
Prysmian
Nexans
Jiangsu Shangshang Cable
Baosheng
Gold Cup
Shanghai Qifan Cable
Southwire
Jiangnan Group
Taiyang
Zhejiang Wanma
TF Kable
Hangzhou Cable
Hunan Valin Wire & Cable
ZMS Cables
Huatong
Qingdao Hanhe Cable
SKL
Anhui Lingyu Cable
Tratos
Bitner

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 Mining Cables product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Mining Cables, with price, sales, revenue and global market share of Mining Cables from 2018 to 2023.

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

Chapter 4, the Mining Cables breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

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 2017 to 2022.and Mining Cables market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

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 Mining Cables.

Chapter 14 and 15, to describe Mining Cables sales channel, distributors, customers, research findings and conclusion.