Us Metal-clad Cable Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Metal-clad Cable Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 7.6 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
The U.S. metal-clad cable market has experienced significant growth in recent years, driven by increasing demand across various sectors. In 2022, the market size was valued at approximately USD 8.3 billion and is projected to reach around USD 13 billion by 2032, reflecting a compound annual growth rate (CAGR) of over 4.8% during this period. citeturn0search0 Metal-clad cables are essential in electrical installations, offering enhanced protection against physical damage and electromagnetic interference. They are widely used in residential, commercial, and industrial applications, including power distribution, control systems, and communication networks. The market is characterized by several key trends: - **Material Composition**: Steel and aluminum are the primary materials used for the metallic sheath in these cables, providing durability and resistance to environmental factors. - **Insulation Types**: Common insulation materials include cross-linked polyethylene (XLPE), ethylene propylene rubber (EPR), and polyvinyl chloride (PVC), each offering specific advantages in terms of temperature tolerance and chemical resistance. - **End-Use Industries**: The industrial sector holds a significant share of the market, driven by the need for robust and reliable cabling solutions in manufacturing and processing plants. In the United States, the metal-clad cable market is influenced by stringent regulatory standards set by the Department of Energy and the National Electrical Code, ensuring safety and energy efficiency in electrical installations. Manufacturers are required to comply with these standards to qualify for utility incentives and rebates. citeturn0search1 The market is also witnessing consolidation, with major players expanding their portfolios through strategic acquisitions. For instance, Prysmian Group, a leading manufacturer of energy and telecom cables, acquired Texas-based Encore Wire in a deal valued at $4 billion, aiming to strengthen its presence in the U.S. market. citeturn0news12 Looking ahead, the U.S. metal-clad cable market is expected to continue its upward trajectory, driven by ongoing infrastructure development, technological advancements, and the increasing adoption of renewable energy sources. The integration of metal-clad cables in critical applications, such as fire alarm systems and healthcare facilities, further underscores their importance in ensuring safety and reliability. citeturn0search10
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Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding
CommScope
Sterlite
FiberHome
Jiangsu Etern
ZTT
Belden
Fasten
Nexans
Kaile
LS Cable＆System
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Metal-clad Cable Market
Copper-Clad Cables
Aluminum-Clad Cables
Steel-Clad Cables
Other Alloys
Commercial Building Wiring
Industrial Equipment Wiring
Telecommunications
Power Generation and Distribution
Residential Wiring
Polyvinyl Chloride (PVC)
Cross-Linked Polyethylene (XLPE)
Thermoplastic Rubber (TPR)
Ethylene Propylene Rubber (EPR)
Low Voltage (up to 1kV)
Medium Voltage (1kV to 35kV)
High Voltage (above 35kV)
Indoor Installations
Outdoor Installations
Underground Installations
Wet and Damp Locations
Global (United States, Global 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 Metal-clad Cable 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 Metal-clad Cable Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metal-clad Cable Market, By Type
6. Global Metal-clad Cable Market, By Application
7. Global Metal-clad Cable Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Metal-clad Cable Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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