Global Stainless Steel Cable Ties Market Growth 2023-2029
A cable tie (also known as a wire tie, hose tie, steggel tie, zap strap or zip tie, and by the brand names Ty-Rap and Panduit strap) is a type of fastener, for holding items together, primarily electrical cables or wires. Because of their low cost and ease of use, cable ties are ubiquitous, finding use in a wide range of other applications. Stainless steel versions, either naked or coated with a rugged plastic, cater for exterior applications and hazardous environments.
LPI (LP Information)' newest research report, the “Stainless Steel Cable Ties Industry Forecast” looks at past sales and reviews total world Stainless Steel Cable Ties sales in 2022, providing a comprehensive analysis by region and market sector of projected Stainless Steel Cable Ties sales for 2023 through 2029. With Stainless Steel Cable Ties sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stainless Steel Cable Ties industry.
This Insight Report provides a comprehensive analysis of the global Stainless Steel Cable Ties 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 Stainless Steel Cable Ties portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stainless Steel Cable Ties market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stainless Steel Cable Ties 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 Stainless Steel Cable Ties.
The global Stainless Steel Cable Ties market size is projected to grow from US$ 195 million in 2022 to US$ 287.2 million in 2029; it is expected to grow at a CAGR of 287.2 from 2023 to 2029.
North America is the largest stainless steel cable ties market with about 32% market share. China is follower, accounting for about 26% market share.The key manufacturers are Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Weidmuller, NSi Industries, DOTgroup International, Partex Marking Systems, Cablecraft, BAND-N-GO, BAND-IT, FENGFAN electrical, Yueqing Xinxing Cable Accessories, KSS etc. Top 5 companies occupied about 52% market share.In terms of product, roller ball style is the largest segment, with a share over 65%. And in terms of application, the largest application is marine & oil exploration, followed by electrical power.
This report presents a comprehensive overview, market shares, and growth opportunities of Stainless Steel Cable Ties market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Roller Ball Style
Ladder Style
Releasable Style
Segmentation by application
Automobile
Electrical Power
Marine and Oil Exploration
Mining
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.
Panduit
HellermannTyton
NORMA Group
Thomas & Betts
Lerbs
Essentra Components
HerWant&Co.
Cheng Heng
Tridon
Heyco
Weidmuller
NSi Industries
DOTgroup International
Partex Marking Systems
Cablecraft
BAND-N-GO
BAND-IT
FENGFAN Electrical
Yueqing Xinxing Cable Accessories
KSS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stainless Steel Cable Ties market?
What factors are driving Stainless Steel Cable Ties market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stainless Steel Cable Ties market opportunities vary by end market size?
How does Stainless Steel Cable Ties 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.
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