Military Cables Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028
Report Description
The global Military Cables market was worth USD 21,607.1 million in 2021 and is expected to be worth USD 27,000.8 million by 2028, growing at a CAGR of 17.8% between 2022 and 2028.
The modernization programmes and increased procurement of military fleets as a result of escalating international tensions are driving the expansion of this market, which presents a number of undiscovered prospects.
One of the primary factors driving the growth of the military cables market is the digitalization and electrification of military systems around the world. The demand for military wires and cables would rise as every potential system became digitalized and electrified. W.L. Gore & Associates announced the GWN3000 Series of high-performance wires in October 2020, capable of producing the power that may replace systems based on combustion, hydraulics, and pneumatics, with greater voltage tolerance, superior mechanical strength, and electrical reliability. As a result, it will propel the military cable market forward.
Segmentation Insights
Military Cables industry is divided on the basis of platform, product type, application, conductor material, end-user and region. On the basis of product types, market is divided into Coaxial, Ribbon, and Twisted Pair.
Further market is divided into Ground, Airborne and Marine based on platform. The marine platform segment is expected to lead the market during the forecast period, accounting for 92.6 percent of the market in 2021. During the projection period, the segment is expected to develop at the fastest CAGR. Destroyers, corvettes, frigates, patrol vessels, submarines, and aircraft carriers are among the marine platforms where military cables are deployed.
On the basis of application, military cables market is segmented into Communication Systems, Navigation Systems, Military Ground Equipment, Weapon Systems, Others (Displays, Accessories). The military ground equipment segment is expected to have the highest CAGR rate in the military cables market throughout the forecast period. In the following years, the segment will be driven by an increase in the number of military ground equipment used to obtain a tactical edge.
Based on conductor material market is divided into Aluminum Alloys, Stainless Steel Alloys, Copper Alloys and other materials which includes Nickle and Silver. During the forecast period, the copper alloys category is expected to grow at the fastest CAGR in the military cables market. Copper wires offer superior electrical characteristics, making them ideal for use in the aerospace and defense industries.
Competitive Insights
Due to its broad product portfolio and impressive distribution network of large corporations in developed and emerging markets, this industry has a concentrated structure. Several cable manufacturing businesses are active participants at the global, regional, and national levels around the world expanding their reach by partnerships, acquisitions etc.
For instance, In January 2021, Airbus has extended its contract with Nexans S.A. for the development of innovative high-voltage cable solutions for future commercial and military electric and hybrid aircraft. They have now extended their 50-year cooperation with this pact.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- Prysmian Cables Systems
- Nexans
- Sumitomo Electric Industries
- LS Cable LTD.
- General Cable
- NEONI
- Furukawa Electric
- South Wire
- Fujikura
- Walsin Lihwa
- Hitachi
- Tfkable
- RSCC
- AFC
- FESE
- Baosheng
- Jiangnan Group
Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Coaxial Cable
- Ribbon Cable
- Twisted Pair Cable
Platform Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Ground
- Airborne
- Marine
Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Communication Systems
- Navigation Systems
- Military Ground Equipment
- Weapon Systems
- Others (Displays, Accessories)
Conductor Material Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Stainless Steel Alloys
- Aluminum Alloys
- Copper Alloys
- Other (Nickle and Silver)
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
1. Military Cables Market Overview
1.1. Product Overview and Scope of Military Cables
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Military Cables Market Size Growth Rate Analysis by Product Type 2021 VS 2028
1.3.1. Coaxial Cable
1.3.2. Ribbon Cable
1.3.3. Twisted Pair Cable
1.4. Global Military Cables Consumption Comparison by Platform: 2021 VS 2028
1.4.1. Ground
1.4.2. Airborne
1.4.3. Marine
1.5. Global Military Cables Consumption Comparison by Application: 2021 VS 2028
1.5.1. Communication Systems
1.5.2. Navigation Systems
1.5.3. Military Ground Equipment
1.5.4. Weapon Systems
1.5.5. Others (Displays, Accessories)
1.6. Global Military Cables Consumption Comparison by Conductor Material: 2021 VS 2028
1.6.1. Stainless Steel Alloys
1.6.2. Aluminum Alloys
1.6.3. Copper Alloys
1.6.4. Other (Nickle and Silver)
1.7. Global Military Cables Market Size Estimates and Forecasts by Region: 2021 VS 2028
1.7.1. North America Military Cables Estimates
1.7.2. Europe Military Cables Estimates
1.7.3. China Military Cables Estimates
1.7.4. Japan Military Cables Estimates
2. Market Competition by Manufacturers
2.1. Global Military Cables Revenue Market Share by Manufacturers (2020)
2.2. Military Cables Market Share by Company Mobility Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Military Cables Average Price by Manufacturers (2017-2021)
2.4. Manufacturers Military Cables Production Sites, Area Served, Product Types
2.5. Military Cables Market Competitive Situation and Trends
2.5.1. Military Cables Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Military Cables Consumption by Region (2017-2021)
3.1. Global Military Cables Consumption by Region
3.2. Global Military Cables Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Military Cables Consumption Growth Rate (2017-2021)
3.2.3. North America Military Cables Consumption, Price and Gross Margin (2017-2021)
3.2.4. North America Military Cables Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Military Cables Consumption Growth Rate (2017-2021)
3.2.7. Europe Military Cables Consumption, Price and Gross Margin (2017-2021)
3.2.8. Europe Military Cables Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Military Cables Consumption Growth Rate (2017-2021)
3.2.11. Asia Pacific Military Cables Consumption, Price and Gross Margin (2017-2021)
3.2.12. Asia Pacific Military Cables Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Military Cables Consumption Growth Rate (2017-2021)
3.2.15. South America Military Cables Consumption, Price and Gross Margin (2017-2021)
3.2.16. South America Military Cables Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Military Cables Consumption Growth Rate (2017-2021)
3.2.19. Middle East and Africa Military Cables Consumption, Price and Gross Margin (2017-2021)
3.2.20. Middle East and Africa Military Cables Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Military Cables Consumption by Product Type (2017-2021)
4.1. Global Military Cables Price by Product Type (2017-2021)
4.2. Global Military Cables Revenue Market Share by Product Type (2017-2021)
4.2.1. Coaxial Cable
4.2.2. Ribbon Cable
4.2.3. Twisted Pair Cable
5. Global Military Cables Consumption by Platform (2017-2021)
5.1. Global Military Cables Price by Platform (2017-2021)
5.2. Global Military Cables Revenue Market Share by Platform (2017-2021)
5.2.1. Ground
5.2.2. Airborne
5.2.3. Marine
6. Global Military Cables Consumption by Application (2017-2021)
6.1. Global Military Cables Price by Application (2017-2021)
6.2. Global Military Cables Revenue Market Share by Application (2017-2021)
6.2.1. Communication Systems
6.2.2. Navigation Systems
6.2.3. Military Ground Equipment
6.2.4. Weapon Systems
6.2.5. Others (Displays, Accessories)
7. Global Military Cables Consumption by Conductor Material (2017-2021)
7.1. Global Military Cables Price by Conductor Material (2017-2021)
7.2. Global Military Cables Revenue Market Share by Conductor Material (2017-2021)
7.2.1. Stainless Steel Alloys
7.2.2. Aluminum Alloys
7.2.3. Copper Alloys
7.2.4. Other (Nickle and Silver)
8. Key Companies Profiled
8.1. Prysmian Cables Systems
8.1.1. Prysmian Cables Systems Military Cables Corporation Information
8.1.2. Prysmian Cables Systems Military Cables Product Portfolio
8.1.3. Prysmian Cables Systems Military Cables Consumption, Price and Gross Margin (2017-2021)
8.1.4. Prysmian Cables Systems Main Business and Markets Served
8.1.5. Prysmian Cables Systems Recent Developments/Updates
8.2. Nexans
8.3. Sumitomo Electric Industries
8.4. LS Cable LTD.
8.5. General Cable
8.6. NEONI
8.7. Furukawa Electric
8.8. South Wire
8.9. Fujikura
8.10. Walsin Lihwa
8.11. Hitachi
8.12. Tfkable
8.13. RSCC
8.14. AFC
8.15. FESE
8.16. Baosheng
8.17. Jiangnan Group
9. Marketing Channel, Distributors and Customers
9.1. Marketing Channel
9.2. Military Cables Distributors List
9.3. Military Cables Customers
10. Market Dynamics
10.1. Military Cables Industry Trends
10.2. Military Cables Growth Drivers
10.3. Military Cables Market Challenges
10.4. Military Cables Market Restraints
11. Global Military Cables Consumption and Demand Forecast, by Region (2022-2028)
11.1. Global Forecasted Demand Analysis of Military Cables, by Regions and Country
11.1.1. North America Forecasted Consumption of Military Cables by Country
11.1.2. Europe Market Forecasted Consumption of Military Cables by Country
11.1.3. Asia Pacific Market Forecasted Consumption of Military Cables by Region
11.1.4. Latin America Forecasted Consumption of Military Cables by Country
11.1.5. Middle East and Africa Forecasted Consumption of Military Cables by Country
12. Global Military Cables Consumption and Demand Forecast, by Product Type (2022-2028)
12.1. Global Forecasted Consumption of Military Cables by Product Type Segments (2022-2027)
12.2. Global Consumption and Price Forecast by Product Type Segments (2022-2027)
12.3. Global Forecasted Growth Rate of Military Cables by Product Type Segments (2022-2027)
13. Global Military Cables Consumption and Demand Forecast, by Platform (2022-2028)
13.1. Global Forecasted Consumption of Military Cables by Platform Segments (2022-2027)
13.2. Global Consumption and Price Forecast by Platform Segments (2022-2027)
13.3. Global Forecasted Growth Rate of Military Cables by Platform Segments (2022-2027)
14. Global Military Cables Consumption and Demand Forecast, by Application (2022-2028)
14.1. Global Forecasted Consumption of Military Cables by Application Segments (2022-2027)
14.2. Global Consumption and Price Forecast by Application Segments (2022-2027)
14.3. Global Forecasted Growth Rate of Military Cables by Application Segments (2022-2027)
15. Global Military Cables Consumption and Demand Forecast, by Conductor Material (2022-2028)
15.1. Global Forecasted Consumption of Military Cables by Conductor Material Segments (2022-2027)
15.2. Global Consumption and Price Forecast by Conductor Material Segments (2022-2027)
15.3. Global Forecasted Growth Rate of Military Cables by Conductor Material Segments (2022-2027)
16. Research Finding and Conclusion
17. Methodology and Data Source
17.1. Methodology/Research Approach
17.1.1. Research Programs/Mobility Type
17.1.2. Market Size Estimation
17.1.3. Market Breakdown and Data Triangulation
17.2. Data Source
17.2.1. Secondary Sources
17.2.2. Primary Sources
17.3. Author List
17.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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