Global Mining Cable Market Growth 2023-2029

Global Mining Cable Market Growth 2023-2029

Mining cables refer to wire and cable products for surface equipment and underground equipment used in the mining industry, including cables for plastics, transport aircraft, communications, lighting and signal equipment, as well as power supplies for electric drill cables, cap lamp wires and underground rubber substations Cables, etc., mining cables are all flame-retardant cables, and the voltage level of mining cables is generally 10kV and below.
LPI (LP Information)' newest research report, the “Mining Cable Industry Forecast” looks at past sales and reviews total world Mining Cable sales in 2022, providing a comprehensive analysis by region and market sector of projected Mining Cable sales for 2023 through 2029. With Mining Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mining Cable industry.
This Insight Report provides a comprehensive analysis of the global Mining Cable 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 Mining Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mining Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Cable 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 Mining Cable.
The global Mining Cable market size is projected to grow from US$ 11920 million in 2022 to US$ 13950 million in 2029; it is expected to grow at a CAGR of 13950 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Mining Cable market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Rubber Cable
Plastic Cable
Mining Machine Cable
Segmentation by application
Underground Mining
Open Pit Mining
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.
Shangshang
Baoshengcable
Wanmacable
Jiangnangroup
Szjiy
Ahlydl
Npcable
Nan-Cable
Hanhe-Cable
AMMANN
Hzcables
Orientcable
Qifancable
Sinostar-Cable
Prysmian Group
Nexans
Southwire

Key Questions Addressed in this Report
What is the 10-year outlook for the global Mining Cable market?
What factors are driving Mining Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mining Cable market opportunities vary by end market size?
How does Mining Cable 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.