Global automotive wire and cable materials market revenues will grow by 7.3% in 2016, reaching nearly US$ 4 billion in revenues. Growth will be supported by increasing emphasis on safety and vehicle maintenance, as well as increasing installation of infotainment and navigation systems. Steady automotive sales will continue to serve the market well, especially in Asia Pacific, ... Read more
Transparency Market Research, in a recent report, states that the growing use of automotive wire and cable materials can be attributed to the surging demand for comfortable in-vehicle experience. The boom in the automotive industry, especially in Asia Pacific, has greatly influenced the market for automotive wire and cable materials market, the report - titled “Automotive Wire and Cable Materials Market (PVC, XLPE, TPU, PPE and Others) - Global Industry Analysis, Size, Share, Growth, Trends ... Read more
Transparency Market Research, in a recent report, states that the growing use of automotive wire and cable materials can be attributed to the surging demand for comfortable in-vehicle experience. The boom in the automotive industry, especially in Asia Pacific, has greatly influenced the market for automotive wire and cable materials market, the report - titled “Automotive Wire and Cable Materials ... Read more
In revenues, the global automotive wire and cable materials market had reached nearly US$ 4 Bn, witnessing expansion at single digit revenue CAGR in 2016. Rising emphasis on vehicle maintenance and safety as well as growing installation of navigation and infotainment system are some key factors supporting growth of the market. Steady sales of vehicles is likely to continue to serve the market well, particularly in Asia Pacific, where India and China are likely to witness huge demand. ... Read more
The Automotive Wire and Cable Materials Market is a critical component of the automotive industry, playing a pivotal role in ensuring the reliable transmission of power and data within vehicles. This market encompasses a wide range of materials, including copper, aluminum, and various polymers, which are used to manufacture wires and cables for various automotive applications ... Read more
The global automotive industry is undergoing a profound transformation, driven by the ever-increasing demand for electric and hybrid vehicles, advanced driver-assistance systems (ADAS), and the push for greater fuel efficiency. This transformation has led to a significant surge in the demand for high-quality automotive wire and cable materials, as these components are the lifelines of modern vehicles, transmitting power, data, and signals critical for their operation. The ... Read more
The automotive wire and cable materials market deals with producing wires and cables that are used in automobiles for connectivity and power transmission purposes. Automotive wires and cables help in efficient working of electrical systems in vehicles by carrying power from the battery to various electrical components like engine control units, lighting systems, infotainment systems and more. The increasing demand for improved electric vehicle architectures is fostering the need for high- ... Read more
