Global Cable Assembly Market Growth 2023-2029

Global Cable Assembly Market Growth 2023-2029

A cable assembly can be created using a number of different casings — straps, cable ties, cable lacing, sleeves, electrical tape, conduit, braiding, a weave of extruded string, or a combination of the these materials – but the purpose is always to increase the efficiency of the products.

Cable assemblies are designed according to geometric and electrical requirements, which are translated into a diagram that is used in the preparation and assembly of the harness. First the wires are cut to the desired length followed by a marking process (either manual or automated) for identification purposes. Next, the wires are stripped to expose their metal cores and assembled together with any extra terminals or connectors housings required. The bundle is then clamped onto a form board or assembly fixture. This finished mass is fitted with any protective sleeves, conduit, or extruded yarn. The entire process is usually completed by hand because of the intricate processing required at various stages of production, such as routing the wires through sleeves, taping, crimping terminals onto wires, inserting one sleeve into another, and fastening the strands with tape, clamps, or cable ties.

LPI (LP Information)' newest research report, the “Cable Assembly Industry Forecast” looks at past sales and reviews total world Cable Assembly sales in 2022, providing a comprehensive analysis by region and market sector of projected Cable Assembly sales for 2023 through 2029. With Cable Assembly sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cable Assembly industry.

This Insight Report provides a comprehensive analysis of the global Cable Assembly landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cable Assembly portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cable Assembly market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cable Assembly and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cable Assembly.

The global Cable Assembly market size is projected to grow from US$ 15590 million in 2022 to US$ 19740 million in 2029; it is expected to grow at a CAGR of 19740 from 2023 to 2029.

Global Cable Assembly key players include RF Cable Assembly, 3M, TE Connectivity, Molex, Minnesota Wire, etc. Global top five manufacturers hold a share over 35%.

China is the largest market, with a share about 40%, followed by Europe, and United States, both have a share over 30 percent.

In terms of product, Data cable assembly is the largest segment, with a share over 40%. And in terms of application, the largest application is Communications, followed by Medical Equipment, Machine, Automotive, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Cable Assembly market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Data Cable Assembly

High Speed Cable Assembly

Conventional Cable Assembly

Segmentation by application

Communications

Medical Equipment

Machine

Automotive

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

TE Connectivity

Molex

WL Gore & Associates

Amphenol DC Electronics

Epec

PSC Electronics

FCI

RF Cable Assembly

Minnesota Wire

Fischer Connectors SA

Times Microwave Systems

Carrio Cabling

Walker Component Group

Micro-Coax

CMA

Samtec

Actronix

TPC Wire & Cable

Smiths Microwave

TMB

3M

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cable Assembly market?

What factors are driving Cable Assembly market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cable Assembly market opportunities vary by end market size?

How does Cable Assembly break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.