Dublin, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The "Copper Cables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global copper cables market, valued at $7.4 billion in 2022, is projected to reach a size of $14.6 billion by 2030, experiencing a Compound Annual Growth Rate (CAGR) of 8.9% during the analysis period from 2022 to 2030.
Among the segments analyzed in the report, the LAN (Local Area Network) segment is anticipated to achieve a CAGR of 9%, resulting in a market size of $11.8 billion by the end of the analysis period.
The growth rate for the Data Center segment has been adjusted to a revised CAGR of 8.1% for the next 8 years, considering the ongoing post-pandemic recovery.
Geographic Insights
- The copper cables market in the U.S. is estimated at $2 billion in 2022.
- China, the world's second largest economy, is forecasted to reach a market size of $3.5 billion by 2030, with a CAGR of 13.7% from 2022 to 2030.
- Other significant geographic markets include Japan and Canada, projected to grow at 4.7% and 7.8% respectively over the period of 2022-2030.
- Germany within Europe is anticipated to grow at a CAGR of approximately 5.5%.
Key Competitors
The report features a total of 38 competitors in the copper cables market, including:
- Elektrokoppar
- KGHM
- Luvata
- Mitsubishi Materials Co.
- NBM Metals, Inc.
- Ningbo Jintian Copper Group
- Sandvik AB
- SH Copper Products Co., Ltd.
- Tatung Co.
- Tongling Jingda Electromagnetic Wire Co., Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 91 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $7.4 Billion |
| Forecasted Market Value (USD) by 2030 | $14.6 Billion |
| Compound Annual Growth Rate | 8.9% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Copper Cables - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/5i188
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