Global Steel Wire Armoured Cables (SWA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Steel Wire Armoured Cables (SWA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Steel Wire Armoured Cables (SWA) market size was valued at USD 9988 million in 2023 and is forecast to a readjusted size of USD 13210 million by 2030 with a CAGR of 4.1% during review period.

In electrical power distribution, armoured cable usually means steel wire armoured cable (SWA) which is a hard-wearing power cable designed for the supply of mains electricity. It is one of a number of armoured electrical cables – which include 11 kV Cable and 33 kV Cable – and is found in underground systems, power networks and cable ducting.[1]

The Steel Wire Armored Cables (SWA) market is driven by several factors that contribute to its growth and demand. Here are some key drivers for the SWA market:

Infrastructure Development: The construction and infrastructure development projects, including residential, commercial, and industrial sectors, drive the demand for SWA cables. These cables are commonly used for power transmission and distribution in buildings, underground installations, and outdoor applications.

Energy Sector Expansion: The growth of the energy sector, including power generation, transmission, and distribution, is a significant driver for the SWA cable market. SWA cables are preferred for their durability, mechanical strength, and ability to withstand high voltage and cu rrent.

Industrial Applications: SWA cables are extensively used in various industrial applications, such as oil and gas, mining, petroleum chemicals, and manufacturing. These industries require reliable and robust cables that can withstand harsh environments, resist mechanical stress, and prov ide uninterrupted power supply.

Increased Focus on Safety and Reliability: SWA cables offer enhanced safety and reliability due to their armored construction. The steel wire armor provides protection against external damage, including moisture, impact, rodents, and chemical exposure. This makes SWA cables suitable for installations where safety and longevity are critical.

Growing Renewable Energy Sector: The expansion of renewable energy sources, such as wind and solar power, drives the demand for SWA cables. These cables are used for connecting renewable energy generation systems to the grid, as well as for interconnecting various components within the systems .

Upgrades and Replacement of Aging Infrastructure: As existing power transmission and distribution infrastructure ages, there is a need for upgrades and replacement. SWA cables are often chosen as a reliable and cost-effective solution for modernizing electrical networks and ensuring efficient power supply.

Increasing Demand for Data Transmission: SWA cables also find applications in data transmission and communication networks, particularly in outdoor and underground installations. The growing demand for high-speed internet connectivity, expansion of telecommunications infrastructure, and depl oyment of fiber optic cables contribute to the demand for SWA cables.

The Global Info Research report includes an overview of the development of the Steel Wire Armoured Cables (SWA) industry chain, the market status of Infrastructure Construction (Below 1000V, 1KV-10KV), Oil & Gas Industry (Below 1000V, 1KV-10KV), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Steel Wire Armoured Cables (SWA).

Regionally, the report analyzes the Steel Wire Armoured Cables (SWA) 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 Steel Wire Armoured Cables (SWA) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Steel Wire Armoured Cables (SWA) 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 Steel Wire Armoured Cables (SWA) 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 (Km), revenue generated, and market share of different by Type (e.g., Below 1000V, 1KV-10KV).

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 Steel Wire Armoured Cables (SWA) market.

Regional Analysis: The report involves examining the Steel Wire Armoured Cables (SWA) 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 Steel Wire Armoured Cables (SWA) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Steel Wire Armoured Cables (SWA):

Company Analysis: Report covers individual Steel Wire Armoured Cables (SWA) 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 Steel Wire Armoured Cables (SWA) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Infrastructure Construction, Oil & Gas Industry).

Technology Analysis: Report covers specific technologies relevant to Steel Wire Armoured Cables (SWA). It assesses the current state, advancements, and potential future developments in Steel Wire Armoured Cables (SWA) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Steel Wire Armoured Cables (SWA) 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

Steel Wire Armoured Cables (SWA) 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.

Market segment by Type
Below 1000V
1KV-10KV
10KV-20KV
20KV-35KV

Market segment by Application
Infrastructure Construction
Oil & Gas Industry
Construction and Manufacturing Industry
Mining Industry
Submarine Communications
Others

Major players covered
Prysmian
Nexans
Southwire
LS Cable
Encore Wire
Doncaster Cables
Utama Cables Sdn Bhd (UTC)
Shangshang Cable Group
Eland Cables
FAR EAST CABLE
Baosheng
Qingdao Hanhe Cable
APAR Industries
Hengtong Group
ZTT
Shanghai Shenghua Cable
Huatong Cable
Huadong Cable
Anhui Tiankang
CN Cable Group
ILJIN
Anhui Electric Group Shares
Shanghai Jiukai Wire & Cable
ZMS
SanHeng Cable
ZW Cable
Shen Tai Electric Cable
BENDAKANG
HUNAN CHANGFEMG POWER GROUP
SHANDONG WEIJI CABLE
FUHUA WRE & CABLES
TIANJIN CABLE FACTORY RUBBER PLASTIC CABLE FACTORY
Anhui Runbang Special Type Cable
Henan Dazhongyuan
Anhui Ansheng Special Cable

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 Steel Wire Armoured Cables (SWA) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Steel Wire Armoured Cables (SWA), with price, sales, revenue and global market share of Steel Wire Armoured Cables (SWA) from 2019 to 2024.

Chapter 3, the Steel Wire Armoured Cables (SWA) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Steel Wire Armoured Cables (SWA) 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Steel Wire Armoured Cables (SWA) market forecast, by regions, type and 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 Steel Wire Armoured Cables (SWA).

Chapter 14 and 15, to describe Steel Wire Armoured Cables (SWA) sales channel, distributors, customers, research findings and conclusion.