Global metallic cables market 2017-2021 report says key vendors include Prysmian Group, Nexans, General Cable, NKT, Sumitomo

July 26, 2017
One key driver in the market is strong demand for communications cable systems, per a new report by Research and Markets.

DUBLIN, Ireland --The "Global Metallic Cables Market 2017-2021" report has been added to Research and Markets' offering. The analysts forecast the global metallic cables market to grow at a CAGR of 3.01% during the period 2017-2021.

The report has been prepared based on an in-depth market analysis with inputs from industry experts and covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Per the report's executive summary:

-- One key trend in the market is expansion of railway network. Power and communication metallic cables are used for power transmission and signaling in rail systems. The global railway industry has undergone changes in the recent past mainly due to technological innovations.

-- One key driver in the market is strong demand for communications cable systems. The remarkable upsurge in the IT and telecommunications sector has led to the demand for high-performance cabling. This, in turn, is propelling the demand for metallic communication cables for data and communication applications.

-- The metallic communication cables market is expected to garner the highest growth rate from the IT and telecommunications sector applications during the forecast period.

-- The continued digital transformation is fueling the demand for data centers in organizations, which drives the demand for cable trays in the IT sector.

Key vendors in the global metallic cables market, according to Research & Markets' analysts, include: Prysmian Group; Nexans; General Cable; NKT, and Sumitomo Electric Industries.

Other prominent vendors cited in the report include: Belden; Encore Wire; Finolex Cables; Hangzhou Cable; HENGTONG GROUP; International Wire Group; KEI Industries; LS Cable Group; Southwire Company and TPC Wire & Cable.

For more information about this report visit https://www.researchandmarkets.com/research/45rl7m/global_metallic

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