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Global control cable size of the market in 2018 is expected to exceed $13. 1 billion _ _ cable wire and cable information network

by:AAA     2020-12-13
【 Cable network - 】 International market Research, Research institutions And Markets, according to a report released by the global control cable market global control cable market scale is expected to reach 131 in 2018. 200 million dollars.



as the automobile industry and infrastructure spending increased, by 2023 the global control cable market scale will increase to 195. During the period of $0. 2 billion, compound annual increase rate of 8. 25%.

in the report pointed out that by 2023 the continuous development of auto industry and the increase in infrastructure spending will boost global demand control cable. In addition, companies are investment in the development of new application of the control cable, which will further increase the demand forecast during the control cable.

with the rapid development of industrialization and urbanization, control cable market mainly by automobile, railway, transport, construction and other terminal market of rapid expansion. And control cables used more and more widely, make a significant contribution to the growth of the market.

governments, particularly in developing countries in the aspect of infrastructure spending and constant product innovation is expected in this period of time to create ample opportunity for control cable supplier.

is expected, the asia-pacific region will become the world's largest regional market control cable. The terminal market demand expansion is to promote the region the main reason for the rapid growth of the market. In addition, continuous technology improvement is expected to have a significant impact on market growth.

from the point of enterprise, announced the acquisition of general cable prysmian will no doubt become a major supplier of control cable markets around the world. At the same time, nexon, belden Cable, Texcan Cable and Multi/Cable also will become the important participants in the industry.

( This article starting cable net WWW. cableabc。 Com reprint please indicate the source. )
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