North America Wire and Cable Market Size- By Voltage, By Installation, By Material, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Wire and Cable Market Introduction and Overview
According to SPER market research, ‘North America Wire and Cable Market Size- By Voltage, By Installation, By Material, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the North America Wire and Cable Market is predicted to reach USD 45.66 Billion by 2033 with a CAGR of 3.5%.
Wires are solid electrical conductors produced from materials such as aluminium and copper. They are typically narrow and used to make electrical connections between two devices. A cable is a large wire or bundle of wires enclosed in a rubber covering that transmits electricity or electrical signals. It is typically comprised of insulating material to provide a smooth, secure, and consistent transmission of energy with little power loss. Electric cables are required for all electronic items and greatly contribute in the power generating and distribution operations.
The COVID-19 pandemic had a significant impact on the analysed market’s growth. While demand in the market slowed, particularly in the early stages, the increased adoption of digital and automation technologies in the later stages was expected to boost market growth.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Voltage, By Installation, By Material, By End Use
Regions covered Canada, United States of America
Companies CoveredAba Industry Inc. (Wonderful Hi-tech company), Amercable Incorporated (Nexans), Amphenol Corporation, Belden Incorporated, Corning Incorporated, Daburn Electronics & Cable and Polytron Devices, EIS Wire and Cable, Micro-tek Corporation, New England Wire Technologies, Prysmian Group, TE Connectivity, Others
North America Wire and Cable Market Segmentation:By Voltage:Based on the Voltage, North America Wire and Cable Market is segmented as; Low Voltage, Medium Voltage, High Voltage, Extra High Voltage.
By Installation:Based on the Installation, North America Wire and Cable Market is segmented as; Overhead, Underground.
By Material:Based on the Material, North America Wire and Cable Market is segmented as; Aluminium, Copper, Glass, Others.