Global Mining Cables Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Mining Cables Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Mining Cables market size was valued at US$ 9129 million in 2024 and is forecast to a readjusted size of USD 12420 million by 2031 with a CAGR of 4.6% 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.

This report is a detailed and comprehensive analysis for global Mining Cables 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 2025, are provided.

Key Features:

Global Mining Cables market size and forecasts, in consumption value ($ Million), sales quantity (M Meters), and average selling prices (US$/Meter), 2020-2031

Global Mining Cables market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Meters), and average selling prices (US$/Meter), 2020-2031

Global Mining Cables market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Meters), and average selling prices (US$/Meter), 2020-2031

Global Mining Cables market shares of main players, shipments in revenue ($ Million), sales quantity (M Meters), and ASP (US$/Meter), 2020-2025

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 Mining Cables

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 Mining Cables 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 Prysmian, Nexans, Jiangsu Shangshang Cable, Baosheng, Gold Cup, Shanghai Qifan Cable, Southwire, Jiangnan Group, Taiyang, Zhejiang Wanma, etc.

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

Market Segmentation

Mining Cables market is split by Type and by Application. For the period 2020-2031, 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
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 quantity, revenue, and global market share of Mining Cables from 2020 to 2025.

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 2020 to 2031.

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 2020 to 2031.

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 2020 to 2025.and Mining Cables market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

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.