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The future of the global fire resistant cable market looks promising with opportunities in the automotive & transportation, building & construction, energy, and manufacturing markets. The global fire resistant cable market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growing regional safety and security regulations, a rise in the need for fire-resistant cables from the building and construction sectors, and a growth in the production of electricity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
The study includes a forecast for the global fire resistant cable by insulation material, end use, and region.
Fire Resistant Cable Market by Insulation Material [Shipment Analysis by Value from 2018 to 2030]:
• XLPE
• PVC
• EPR
• LSZH
• Others
Fire Resistant Cable Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive & Transportation
• Building & Construction
• Energy
• Manufacturing
• Others
Fire Resistant Cable Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Asia Pacific
• The Rest of the World
List of Fire Resistant Cable Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fire resistant cable companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fire resistant cable companies profiled in this report include-
• Prysmian
• Nexans
• NKT
• Leoni
• LS Cable & System
• Jiangnan
• Tratos
Lucintel forecasts that XLPE is expected to witness the highest growth over the forecast period due to excellent electrical properties maintained over the whole temperature range, resistance to thermal deformation at high temperatures, and a high thermal short circuit rating.
APAC is expected to witness highest growth over the forecast period due to rise population and rapid urbanization, as well as, growing the building and construction, manufacturing, automotive, and transportation sectors in the region.
Features of the Global Fire Resistant Cable Market
Market Size Estimates: Fire resistant cable market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fire resistant cable market size by insulation material, end use, and region in terms of value ($B).
Regional Analysis: Fire resistant cable market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different insulation material, end use, and regions for the fire resistant cable market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fire resistant cable market size?
Answer: The global fire resistant cable market is expected to reach an estimated $2.2 billion by 2030.
Q2. What is the growth forecast for fire resistant cable market?
Answer: The global fire resistant cable market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fire resistant cable market?
Answer: The major drivers for this market are growing regional safety and security regulations, a rise in the need for fire-resistant cables from the building and construction sectors, and a growth in the production of electricity.
Q4. What are the major segments for fire resistant cable market?
Answer: The future of the global fire resistant cable market looks promising with opportunities in the automotive & transportation, building & construction, energy, and manufacturing markets.
Q5. Who are the key fire resistant cable market companies?
Answer: Some of the key fire resistant cable companies are as follows:
• Prysmian
• Nexans
• NKT
• Leoni
• LS Cable & System
• Jiangnan
• Tratos
Q6. Which fire resistant cable market segment will be the largest in future?
Answer: Lucintel forecasts that XLPE is expected to witness the highest growth over the forecast period due to excellent electrical properties maintained over the whole temperature range, resistance to thermal deformation at high temperatures, and a high thermal short circuit rating.
Q7. In fire resistant cable market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rise population and rapid urbanization, as well as, growing the building and construction, manufacturing, automotive, and transportation sectors in the region.
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fire resistant cable market by insulation material (XLPE, PVC, EPR, LSZH and others), end use (automotive & transportation, building & construction, energy, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
For any questions related to Fire Resistant Cable Market, Fire Resistant Cable Market Size, Fire Resistant Cable Market Growth, Fire Resistant Cable Market Analysis, Fire Resistant Cable Market Report, Fire Resistant Cable Market Share, Fire Resistant Cable Market Trends, Fire Resistant Cable Market Forecast, Fire Resistant Cable Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fire Resistant Cable Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.2. Global Fire Resistant Cable Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fire Resistant Cable Market by Insulation Material
3.3.1: XLPE
3.3.2: PVC
3.3.3: EPR
3.3.4: LSZH
3.3.5: Others
3.4: Global Fire Resistant Cable Market by End Use
3.4.1: Automotive & Transportation
3.4.2: Building & Construction
3.4.3: Energy
3.4.4: Manufacturing
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.2: North American Fire Resistant Cable Market
4.2.1: North American Fire Resistant Cable Market by Insulation Material: XLPE, PVC, EPR, LSZH, and Others
4.2.2: North American Fire Resistant Cable Market by End Use: Automotive & Transportation, Building & Construction, Energy, Manufacturing, and Others
4.3: European Fire Resistant Cable Market
4.3.1: European Fire Resistant Cable Market by Insulation Material: XLPE, PVC, EPR, LSZH, and Others
4.3.2: European Fire Resistant Cable Market by End Use: Automotive & Transportation, Building & Construction, Energy, Manufacturing, and Others
4.4: APAC Fire Resistant Cable Market
4.4.1: APAC Fire Resistant Cable Market by Insulation Material: XLPE, PVC, EPR, LSZH, and Others
4.4.2: APAC Fire Resistant Cable Market by End Use: Automotive & Transportation, Building & Construction, Energy, Manufacturing, and Others
4.5: ROW Fire Resistant Cable Market
4.5.1: ROW Fire Resistant Cable Market by Insulation Material: XLPE, PVC, EPR, LSZH, and Others
4.5.2: ROW Fire Resistant Cable Market by End Use: Automotive & Transportation, Building & Construction, Energy, Manufacturing, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fire Resistant Cable Market by Insulation Material
6.1.2: Growth Opportunities for the Global Fire Resistant Cable Market by End Use
6.1.3: Growth Opportunities for the Global Fire Resistant Cable Market by Region
6.2: Emerging Trends in the Global Fire Resistant Cable Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fire Resistant Cable Market
7. Company Profiles of Leading Players
7.1: Prysmian
7.2: Nexans
7.3: NKT
7.4: Leoni
7.5: LS Cable & System
7.6: Jiangnan
7.7: Tratos
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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