Asia-Pacific Wire and Cable Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Cable, Wire, and Push-Pull Controls) and End Use Industry (Aircraft, Transportation, Medical, Marine, and Construction)
The wire and cable market in APAC is expected to grow from US$ 67,344.71 million in 2022 to US$ 1,07,264.28 million by 2028. It is estimated to grow at a CAGR of 8.1% from 2022 to 2028.
Growth in Industry 4.0 Technologies
After years of digitization, industries are now turning toward it. Aside from the legacy systems, all aspects of manufacturing, including the products, machines, and processes, are influenced by technology. The industrial internet of things (IIoT) or smart manufacturing is a result of the fourth industrial revolution. The wire and cable sector appears well-prepared to participate in the fourth industrial revolution. The sector is evolving quickly. Market and consumer demands have changed, and pressure on policies and worldwide competition has grown. Thus, the industry must introduce innovative products to stay competitive. The new industrial revolution brings two significant developments in the wire and cable sector. The demand for products from the businesses investing in notable innovation and awareness campaigns will soon be driven by the other key reason, which is driven by the other when the first is driven by the technology adaption point of view. More advanced, secure, commercial/industry-grade wires and cables will be needed for specialized equipment and goods. Further, although a few pieces of equipment are used in homes, wire and cable goods will still be considered under the commercial category; they must adhere to certain criteria set by the industry or legislators. The residential wires and cable market is expected to experience a new demand due to the growing use of IoT devices and equipment. There will be a desire for certain brands and variations of commercial-grade merchandise linked to well-liked IoT equipment. Thus, growth in Industry 4.0 will boost the demand for wire and cable.
Market Overview
China, India, South Korea, Japan, and Australia are among the key economies in Asia Pacific. The region's economy is performing well due to numerous technological and infrastructural developments. The urbanization of countries like Japan, India, China, and South Korea is primarily driving market expansion. A further cause for the product market's expansion in the upcoming time zone is still projected to be the development of construction infrastructure, which will also provide potential investors with new prospects for expansion in the entire product market. Sectors including medical, aerospace, and defense are moving toward new infrastructure and development as a result of increased expenditures in the smart grid and more power for residential and industrial sectors. This will create new opportunities for the product market to pursue growth.
APAC Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
APAC Wire and Cable Market Segmentation
The APAC wire and cable market is segmented into type, end use industry, and country. Based on type, the market is segmented into cable, wire, and push-pull controls. The wire segment registered the largest market share in 2022.
Based on end use industry, the APAC wire and cable market is segmented into aircraft, transportation, medical, marine, and construction. The transportation segment registered the largest market share in 2022.
Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and rest of APAC. China dominated the market share in 2022.
ASK Automotive Pvt. Ltd.; Carl Stahl Sava Industries; Guangdong Jinlianyu Cable industrial Co., Ltd; Henan Sanheng Industrial Co., Ltd; and RR Kabel are the leading companies operating in the wire and cable market in the region.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC wire and cable market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC wire and cable market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the wire and cable market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. APAC Wire and Cable Market Landscape
- 4.1 Market Overview
- 4.2 APAC PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. APAC Wire and Cable Market – Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Use of Electric Vehicles
- 5.1.2 Increasing Adoption of Wire and Cable in Aircraft Industry
- 5.2 Market Restraints
- 5.2.1 Volatility in Raw Material Prices
- 5.3 Market Opportunities
- 5.3.1 Rising Adoption of Wire and Cable in Medical Industry
- 5.4 Future Trends
- 5.4.1 Growth in Industry 4.0 Technologies
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Wire and Cable Market – APAC Market Analysis
- 6.1 APAC Wire and Cable Market Overview
- 6.2 APAC Wire and Cable Market Forecast and Analysis
- 7. APAC Wire and Cable Market Analysis – By Type
- 7.1 Overview
- 7.2 APAC Wire and Cable Market, By Type (2021 And 2028)
- 7.3 Cable
- 7.3.1 Overview
- 7.3.2 Cable: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 7.3.3 Safety Cable
- 7.3.4 Overview
- 7.3.5 Safety Cable: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 7.3.6 Control Cable
- 7.3.7 Overview
- 7.3.8 Control Cable: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 7.4 Wire
- 7.4.1 Overview
- 7.4.2 Wire: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 7.5 Push-Pull Controls
- 7.5.1 Overview
- 7.5.2 Push-Pull Controls: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8. APAC Wire and Cable Market Analysis – By End Use Industry
- 8.1 Overview
- 8.2 APAC Wire and Cable Market, By End Use Industry (2021 And 2028)
- 8.3 Aircraft
- 8.3.1 Overview
- 8.3.2 Aircraft: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.3.3 Conventional Aircraft
- 8.3.4 Overview
- 8.3.5 Conventional Aircraft: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.3.6 EVTOL Aircraft
- 8.3.7 Overview
- 8.3.8 EVTOL Aircraft: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.4 Transportation
- 8.4.1 Overview
- 8.4.2 Transportation: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.5 Medical
- 8.5.1 Overview
- 8.5.2 Medical: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.6 Marine
- 8.6.1 Overview
- 8.6.2 Marine: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 8.7 Construction
- 8.7.1 Overview
- 8.7.2 Construction: Wire and Cable Market Revenue and Forecast To 2028 (US$ Million)
- 9. APAC Wire and Cable Market – Country Analysis
- 9.1 Overview
- 9.1.1 APAC Wire and Cable Market Breakdown, by Country
- 9.1.1.1 Australia Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Australia Wire and Cable Market Breakdown, By Type
- 9.1.1.1.2 Australia Wire and Cable Market Breakdown, By End Use Industry
- 9.1.1.2 China Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 China Wire and Cable Market Breakdown, By Type
- 9.1.1.2.2 China Wire and Cable Market Breakdown, By End Use Industry
- 9.1.1.3 India Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 India Wire and Cable Market Breakdown, By Type
- 9.1.1.3.2 India Wire and Cable Market Breakdown, By End Use Industry
- 9.1.1.4 Japan Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Japan Wire and Cable Market Breakdown, By Type
- 9.1.1.4.2 Japan Wire and Cable Market Breakdown, By End Use Industry
- 9.1.1.5 South Korea Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.5.1 South Korea Wire and Cable Market Breakdown, By Type
- 9.1.1.5.2 South Korea Wire and Cable Market Breakdown, By End Use Industry
- 9.1.1.6 Rest of APAC Wire and Cable Market, Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.6.1 Rest of APAC Wire and Cable Market Breakdown, By Type
- 9.1.1.6.2 Rest of APAC Wire and Cable Market Breakdown, By End Use Industry
- 10. Industry Landscape
- 10.1 Market Initiative
- 10.2 Merger and Acquisition
- 11. Company Profiles
- 11.1 ASK Automotive Pvt. Ltd.
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 RR Kabel
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Carl Stahl Sava Industries
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Guangdong Jinlianyu Cable Industial Co.,Ltd.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Henan Sanheng Industrial Co., Ltd
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. APAC Wire and Cable Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. APAC Wire and Cable Market, Revenue and Forecast To 2028 – By Country (US$ Million)
- Table 3. Australia Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 4. Australia: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Australia Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 6. Australia: Wire and Cable Market, by Aircraft – Revenue and Forecast to 2028 (US$ Million)
- Table 7. China Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 8. China: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 9. China Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 10. China: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 11. India Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 12. India: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 13. India Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 14. India: Wire and Cable Market, by Aircraft – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Japan Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 16. Japan: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 17. Japan Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 18. Japan: Wire and Cable Market, by Aircraft – Revenue and Forecast to 2028 (US$ Million)
- Table 19. South Korea Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 20. South Korea: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 21. South Korea Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 22. South Korea: Wire and Cable Market, by Aircraft – Revenue and Forecast to 2028 (US$ Million)
- Table 23. Rest of APAC Wire and Cable Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 24. Rest of APAC: Wire and Cable Market, by Cable – Revenue and Forecast to 2028 (US$ Million)
- Table 25. Rest of APAC Wire and Cable Market, Revenue and Forecast to 2028 – By End Use Industry (US$ Million)
- Table 26. Rest of APAC: Wire and Cable Market, by Aircraft – Revenue and Forecast to 2028 (US$ Million)
- Table 27. List of Abbreviation
- LIST OF FIGURES
- Figure 1. APAC Wire and Cable Market Segmentation
- Figure 2. APAC Wire and Cable Market Segmentation – By Country
- Figure 3. APAC Wire and Cable Market Overview
- Figure 4. Wire Segment held the Largest Share of Wire and Cable Market
- Figure 5. China to Show Great Traction During Forecast Period
- Figure 6. Asia Pacific– PEST Analysis
- Figure 7. Ecosystem Analysis: Wire and Cable Market
- Figure 8. Expert Opinion
- Figure 9. APAC Wire and Cable Market: Impact Analysis of Drivers and Restraints
- Figure 10. APAC Wire and Cable Market Forecast and Analysis (US$ Million)
- Figure 11. APAC Wire and Cable Market, By Type (2021 and 2028)
- Figure 12. APAC Cable: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 13. APAC Safety Cable: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 14. APAC Control Cable: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 15. APAC Wire: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 16. APAC Push-Pull Controls: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. APAC Wire and Cable Market, By End Use Industry (2021 and 2028)
- Figure 18. APAC Aircraft: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. APAC Conventional Aircraft: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 20. APAC EVTOL Aircraft: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 21. APAC Transportation: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 22. APAC Medical: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 23. APAC Marine: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 24. APAC Construction: Wire and Cable Market Revenue and Forecast to 2028 (US$ Million)
- Figure 25. APAC Wire and Cable Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 26. APAC Wire and Cable Market Breakdown, by Country, 2021 & 2028 (%)
- Figure 27. Australia Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
- Figure 28. China Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
- Figure 29. India Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
- Figure 30. Japan Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
- Figure 31. South Korea Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
- Figure 32. Rest of APAC Wire and Cable Market, Revenue and Forecast To 2028 (US$ Million)
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