Mineral insulated cable is manufactured from completely inorganic material. The copper sheath and conductors, insulated with magnesium oxide ensure that the cable is able to withstand the effects of fire and is fully usable afterwards. The mineral insulated cable system provides a simple solution to many difficult wiring problems and makes for a dependable and permanent installation for virtually all types of electrical circuits.
As for the global mineral insulated cable industry, the industry structure is relatively dispenser. The top five manufacturers only have 36.22% revenue market share in 2015. The USA giant Raychem HTS, which has 12.42% market share in 2015, is the leader in the mineral insulated cable industry. The manufacturers following Raychem HTS are Emerson and ABB, which respectively has 9.88% and 6.12% market share globally.
The Mineral Insulated Cable market was valued at 1996.2 Million US$ in 2018 and is projected to reach 2445.8 Million US$ by 2025, at a CAGR of 2.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mineral Insulated Cable.
This report presents the worldwide Mineral Insulated Cable market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Raychem HTS
Emerson
ABB
KME
TEC
Baosheng
Uncomtech
Wrexham
Mil GmbH
Yuancheng Cable
Watlow
Ari Industries
Chromalox
MiCable Technologies
Eltherm
Hanhe Cable
OMEGA
Conax Technologies
Trasor
AEI Cables
Doncaster Cables
Mineral Insulated Cable Breakdown Data by Type
Mineral Insulated Power Cable
Mineral Insulated Heating Cable
Mineral Insulated Power Cable is the largest segment, had a share over 80% in 2018.
Mineral Insulated Cable Breakdown Data by Application
Buildings
Power Plant and Manufacturing Factory
Others
Buildingse is the largest application, had a share over 60% in 2018.
Mineral Insulated Cable Production by Region
North America
Europe
China
Japan
Mineral Insulated Cable Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Central & South America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa
The study objectives are:
To analyze and research the global Mineral Insulated Cable status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Mineral Insulated Cable manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Mineral Insulated Cable :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Km). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Mineral Insulated Cable market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Mineral Insulated Cable . Industry analysis & Market Report on Mineral Insulated Cable is a syndicated market report, published as Global Mineral Insulated Cable Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Mineral Insulated Cable market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.