Global Cable Drum Market: Overview

Cable drums, also known as cable reels, are drum shaped objects used to carry cables. These drums are used to carry several types of wires and cables for onsite use and in some cases to store them effectively (without wasting space). They are versatile and can be used multiple times, while some are for single use purpose. Cable drums offer make it easy to lay cables without tangling wires/cables. They also help lower transportation & packaging costs of wires and cables.

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Global Cable Drum Market: Drivers

The cable drum market is driven by the rise in demand for wires and cables used for various applications. The use of wires and cables is rising rapidly across the globe. Laying of electrical cables and fiber optics cables is increasingly rapidly in developing and developed nations across the globe. Increase in underground electrification in several countries is propelling the demand for cable drums across the globe. Growth in telecommunication and high speed internet cables is also a key factor for rise in demand for cable drums. Increase in focus on digitalization in countries such as India and China is boosting the demand for fiber optics and other cables. This is directly propelling the demand for cable drums to transport and hold these cables. Furthermore, need for wires and cables in electrical appliances and automotive is driving the market for cable drums, as these cables are delivered packed on cable drums to the manufacturing facilities where these cables & wires are unwound and made ready for use in vehicles and appliances.

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Global Cable Drum Market: Key Players

Key players operating in the global cable drum market include Hildebrandt GmbH, ESHAL TRADERS & CO., and SCHILL GMBH & CO. KG.