The Global Market Size Will Reach US$ 1070 Million By 2027, From US$ 890 Million In 2022

Global Silicone Rubber Power Cable Market Analysis and Insights

Because of the COVID-19 pandemic, the global Silicone Rubber Power Cable market is expected to be worth USD 1003.6 million in 2022, and USD 1184.4 million by 2028, with a CAGR of 2.8 percent over the study period. Submersible Pump Cables, which account for a quarter of the worldwide Silicone Rubber Power Cable market in 2021, are expected to reach a value of USD million by 2028, rising at a revised CAGR in the post-COVID-19 era. During the forecast period, the Electrical Infrastructure segment has been changed to a CAGR.

The key players and the competitive landscape for Silicone Rubber Power Cable

Nexans, Prysmian Group, LS Cable Group, Sumitomo Electric, Furukawa Electric, and others are significant participants in the global Silicone Rubber Power Cable market. The top five manufacturers in the world have a market share of more than 35%.

• The largest market is China, with a share of over 25%, followed by the United States and Europe, both with a share of over 45 percent.
• Electric Cables is the largest product sector, accounting for more than 40% of the market. Electrical Infrastructure is the most common use, followed by metallurgy and the petrochemical industry, among others.
• From 2017 to 2022, and forecast to 2028, this analysis examines Silicone Rubber Power Cable capacity, production, growth rate, and market share by manufacturers and by region (regional and county level).
• From 2017 to 2022, and forecast to 2028, this study focuses on the sales of Silicone Rubber Power Cable by region (region level and country level), by firm, by Type, and by Application.

Here is the list of the best key players listed in Silicone Rubber Power Cable Market Report:

● Prysmian Group

● Nexans

● Sumitomo Electric

● LS Cable Group

● GeneralCable

● Furukawa Electric

● Southwire

● Fujikura

● Walsin

● Far East Holding

● Hitachi Cable

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