The Mechanical Control Cable Global Market Report 2023, provides comprehensive information on the mechanical control cable market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global mechanical control cable market size is expected to grow from $9.16 billion in 2022 to $9.85 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mechanical control cable market size is expected to reach $12.67 billion in 2027 at a CAGR of 6.5%.
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Product innovation is a key trend gaining popularity in the mechanical control cable market going forward. Major companies operating in the mechanical control cable market are developing innovative products to strengthen their position in the market. For instance, in February 2023, Belden Incorporated, a US-based networking, connectivity, and cable product manufacturer, launched Custom Broadcast Enclosures and Panels, along with NewGen CPR-Rated Access Control Cables. Belden NewGen CPR-Rated, Access Control Cables add a new level of ease and comfort to any security installation, lowering labor costs while attaining excellent signal transmission performance. NewGen CPR-Rated Access Control Cables with a high flame rating are available as a cost-effective alternative to facilitate security system communication.
The mechanical control cable market is segmented:
1) By Type: Pull-Pull Mechanical Cables, Push Pull Mechanical Cables
2) By Material: Wire Material, Jacket Material
3) By Platform: Aerial, Land, Marine
4) By Application: Engine Control, Auxiliary Control, Landing Gears, Brake Control, Other Applications
5) By End Use: Commercial, Defense, Non-Aero Military
North America was the largest region in the mechanical control cable market in 2022.
The table of contents in TBRC’s mechanical control cable market report includes:
1. Executive Summary
2. Mechanical Control Cable Market Characteristics
3. Mechanical Control Cable Market Trends And Strategies
4. Mechanical Control Cable Market – Macro Economic Scenario
5. Mechanical Control Cable Market Size And Growth
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26. Africa Mechanical Control Cable Market
27. Mechanical Control Cable Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mechanical Control Cable Market
29. Mechanical Control Cable Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Triumph Group
- Elliott Manufacturing
- Orscheln Products
- Glassmaster Controls Company Inc
- Loos Co. Inc
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