Author: Wu Xiaomei
An eco-cable is an environmentally-benign electric wire/cable that uses environmentally-friendly materials and materials with a reduced environmental impact. It is also called an "EM electric wire/cable".
The Eco Cable industry was 940 million USD in 2018 and is projected to reach USD 1,510 million USD by 2025, at a CAGR of 6.92% between 2019 and 2025. Top three players occupy for over 35.61% market share in 2018.
The market for Eco Cable is fragmented with players such as Fujikura, Hitachi, Furukawa Electric, Nexans, Prysmian Group, Alpha Wire, Oki Electric Cable, Kuramo Electric, Shikoku Cable, JMACS Japan Co., Ltd. are the global leading suppliers.
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On the basis of type, the Eco Cable market is segmented into Polyethylene Based and Others by jacket type. The Polyethylene Based segment is expected to account for the larger share of the global market in 2018.
End-users, included in this market are Communication, Petrochemicals, Manufacturing, and Others. The Communication application is expected to account for the largest share of the global market in 2018.
Eco-material cables, or eco-cables, are the next generation in control cabling. Poised to replace standard polyvinyl chloride (PVC) cables, eco-cables are becoming more and more popular due to the performance and environmental benefits they provide.
There are, however, some existing barriers to widespread adoption. The additional cost factor with these new cables may deter some companies from purchasing. Many engineers are also slow to adopt new technologies, and traditionally use what they know and are comfortable with. The design, performance and environmental benefits of eco-cables are too substantial to ignore, and with a better understanding of the applications of eco-cables, they may soon become the connector standard.
The Global Eco Cable Market Research Report 2019 released by QYResearch provides a basic overview of the Eco Cable industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Eco Cable industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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