Cables for Automation Equipment Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
The global market for cables used in automation equipment has experienced significant growth, with a valuation of USD 12.5 billion in 2022. This upward trajectory is projected to continue, reaching approximately USD 20.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.6%. This expansion is driven by the increasing adoption of automation technologies across various industries seeking enhanced efficiency and productivity. Notably, the industrial automation cable segment is anticipated to grow from USD 8.16 billion in 2024 to USD 8.89 billion in 2025, marking a CAGR of 8.9% during this period. Source
Regionally, Europe emerged as the largest market for industrial automation cables in 2024, attributed to the regions advanced manufacturing infrastructure and early adoption of automation solutions. However, the Asia Pacific region is expected to be the fastest growing market during the forecast period, driven by rapid industrialization, expanding manufacturing sectors, and substantial investments in automation technologies, particularly in countries like China and India. This regional growth presents significant opportunities for market participants to expand their presence and cater to the increasing demand for automation equipment cables. Source
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BizLink
HELUKABEL
Eland Cables
SAB Bröckskes
Galaxy Wire & Cable
Inc.
Consolidated Electronic Wire & Cable
OCP
Nexans
LUETZE
Remee Wire & Cable
NAI Group
SCANKAB
DORON
Xin'ao Cable Manufacturing
Shanghai Xuda Special Cable
Lanka Industrial Automation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cables for Automation Equipment Market
Manufacturing
Automotive
Aerospace
Oil & Gas
Food & Beverage
Pharmaceutical
Consumer Electronics
Industrial Robots
Control Systems
Sensors and Actuators
Manufacturing Execution Systems (MES)
Conventional Automation
Smart Automation
PLC-based Automation
Wireless Automation
Small and Medium Enterprises (SMEs)
Large Enterprises
Original Equipment Manufacturers (OEMs)
System Integrators
Assembly Line Automation
Process Automation
Packaging Automation
Quality Control and Inspection
Logistics and Supply Chain Automation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cables for Automation Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cables for Automation Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cables for Automation Equipment Market, By Type
6. Global Cables for Automation Equipment Market, By Application
7. Global Cables for Automation Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Cables for Automation Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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