Global Sensing Cables Market Growth 2025-2031

Global Sensing Cables Market Growth 2025-2031

The global Sensing Cables market size is predicted to grow from US$ 1528 million in 2025 to US$ 1750 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.

In order to avoid signal interference, the signal cable has a shielding layer outside, and the shielding layer of the wrapped conductor is generally a conductive cloth, a braided copper mesh or a copper pouch (Aluminum), the shielding layer needs to be grounded, and external interference signals can be introduced into the earth by this layer to avoid interference signals entering the inner conductor interference and reduce the loss of transmission signals.

Global sensing cables main players include Prysmian Group, Nexans, Corning, NKT, Leoni, HELUKABEL, Lyudinovokabel, Lapp Group, Tongguang Electronic, Yokogawa Electric, Hansen, etc., totally accounting for about 71%. North America is the largest market, with a share over 30%. As for the types of products, it can be divided into low voltage sensing cables, medium voltage sensing cables and high voltage sensing cables. The most common product is low voltage sensing cables, holding a share over 73%. In terms of applications, it is widely used in industrial and energy, commercial and others (including home, utilities, etc.). The most application is industrial and energy, with a share over 53%.

LP Information, Inc. (LPI) ' newest research report, the “Sensing Cables Industry Forecast” looks at past sales and reviews total world Sensing Cables sales in 2024, providing a comprehensive analysis by region and market sector of projected Sensing Cables sales for 2025 through 2031. With Sensing Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sensing Cables industry.

This Insight Report provides a comprehensive analysis of the global Sensing Cables 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 Sensing Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sensing Cables market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sensing Cables 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 Sensing Cables.

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

Segmentation by Type:
Low Voltage Sensing Cables
Medium Voltage Sensing Cables
High Voltage Sensing Cables

Segmentation by Application:
Industrial and Energy
Commercial
Others (including Home, Utilities, etc.)

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 analysing the company's coverage, product portfolio, its market penetration.
Prysmian Group
Nexans
Corning
NKT
Leoni
HELUKABEL
Lyudinovokabel
Lapp Group
Tongguang Electronic
Yokogawa Electric
Hansen

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sensing Cables market?

What factors are driving Sensing Cables market growth, globally and by region?

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

How do Sensing Cables market opportunities vary by end market size?

How does Sensing Cables break out by Type, by Application?

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