Product Code: ANV787
REPORT HIGHLIGHT
The market for military cables is estimated to be USD 19,908.4 million in 2020 and is projected to grow at a CAGR of 3.6% during the forecast period.
A wire is a single electrical conductor, but a cable is a number of wires bundled together in an assembly. Various cables are widely utilized throughout industrial verticals to transfer electric power and communication signals.
Market Dynamics
The modernization programs 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.
Emerging economies such as Russia, Brazil, the United Arab Emirates, China, and India invest in defensive systems to prepare for threats. These economies have boosted their military budgets in order to strengthen their defense capabilities, and they are purchasing defense systems, solutions, and services. Countries' military budgets have increased as their GDPs have increased during the last decade. Within these economies, India, China, and Russia are the most notable spenders, topping spending rankings all across the world. China spent USD 252 billion on defense in 2020, followed by India, which spent USD 72.9 billion, and Russia, which spent USD 61.7 billion.
Segmentation Analysis:
Military Cables Market is segmented on the basis of product type, application, platform, conductor material, end-user, and region. On the basis of product types, the market is divided into Coaxial, Ribbon, and Twisted Pair.
The market is divided into Ground, Airborne, and Marine based on the 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 of 3.5 percent. Frigates, destroyers, amphibious ships, corvettes, patrol vessels, submarines, and aircraft carriers are among the marine platforms where military cables are deployed.
On the basis of application, the 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 Stainless Steel Alloys, Aluminum Alloys, Copper Alloys, and others (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 Landscape:
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 through 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.
Key features of the study:
This proposed research study on Military Cables Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Military Cables Market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Military Cables Market
Impact of COVID-19 on Military Cables Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Military Cables Market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Military Cables Market, we have also included competitive landscape and key innovator analysis for the Military Cables Market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Military Cables Market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Military Cables Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL MILITARY CABLES MARKET KEY PLAYEARS
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
GLOBAL MILITARY CABLES MARKET, BY PRODUCT TYPE
Coaxial Cable
Ribbon Cable
Twisted Pair Cable
GLOBAL MILITARY CABLES MARKET, BY PLATFORM
Ground
Airborne
Marine
GLOBAL MILITARY CABLES MARKET, BY APPLICATION
Communication Systems
Navigation Systems
Military Ground Equipment
Weapon Systems
Others (Displays, Accessories)
GLOBAL MILITARY CABLES MARKET, BY CONDUCTOR MATERIAL
Stainless Steel Alloys
Aluminum Alloys
Copper Alloys
Other (Nickle and Silver)
GLOBAL MILITARY CABLES MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
TABLE OF CONTENT
1. Military Cables Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Product Type
- 2.1.2. Market Snippet by Platform
- 2.1.3. Market Snippet by Application
- 2.1.4. Market Snippet by Conductor Material
- 2.1.5. Market Snippet by Region
- 2.2. Competitive Insights
3. Military Cables Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Military Cables Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Military Cables Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Military Cables Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Military Cables Market - By Product Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product Type, 2020 & 2027 (%)
- 7.1.2. Coaxial Cable
- 7.1.3. Ribbon Cable
- 7.1.4. Twisted Pair Cable
8. Military Cables Market - By Platform
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Platform, 2020 & 2027 (%)
- 8.1.2. Ground
- 8.1.3. Airborne
- 8.1.4. Marine
9. Military Cables Market - By Application
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 9.1.2. Communication Systems
- 9.1.3. Navigation Systems
- 9.1.4. Military Ground Equipment
- 9.1.5. Weapon Systems
- 9.1.6. Others (Displays, Accessories)
10. Military Cables Market - By Conductor Material
- 10.1. Overview
- 10.2. Stainless Steel Alloys
- 10.3. Aluminum Alloys
- 10.4. Copper Alloys
- 10.5. Other (Nickle and Silver)
11. Military Cables Market- By Geography
- 11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 11.2. North America
- 11.2.1. Overview
- 11.2.2. Key Manufacturers in North America
- 11.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.2.4. North America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.2.5. North America Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.2.6. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.2.7. North America Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.2.8. U.S.
- 11.2.8.1. Overview
- 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.2.8.3. U.S. Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.2.8.4. U.S. Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.2.8.5. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.2.8.6. U.S. Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.2.8.7.
- 11.2.9. Canada
- 11.2.9.1. Overview
- 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 1.1.1.4. Canada Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3. Europe
- 11.3.1. Overview
- 11.3.2. Key Manufacturers in Europe
- 11.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.3.4. Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.5. Europe Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.6. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.7. Europe Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3.8. Germany
- 11.3.8.1. Overview
- 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.8.3. Germany Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.8.4. Germany Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.8.5. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.8.6. Germany Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3.9. Italy
- 11.3.9.1. Overview
- 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.9.3. Italy Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.9.4. Italy Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.9.5. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.9.6. Italy Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3.10. United Kingdom
- 11.3.10.1. Overview
- 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.10.3. United Kingdom Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.10.4. United Kingdom Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.10.5. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.10.6. United Kingdom Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3.11. France
- 11.3.11.1. Overview
- 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.11.3. France Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.11.4. France Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.11.5. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.11.6. France Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.3.12. Rest of Europe
- 11.3.12.1. Overview
- 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.12.3. Rest of the Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.3.12.4. Rest of the Europe Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.3.12.5. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.12.6. Rest of the Europe Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4. Asia Pacific (APAC)
- 11.4.1. Overview
- 11.4.2. Key Manufacturers in Asia Pacific
- 11.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.5. Asia Pacific Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.6. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.7. Asia Pacific Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4.8. India
- 11.4.8.1. Overview
- 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.8.3. India Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.8.4. India Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.8.5. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.8.6. India Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4.9. China
- 11.4.9.1. Overview
- 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.9.3. China Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.9.4. China Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.9.5. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.9.6. China Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4.10. Japan
- 11.4.10.1. Overview
- 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.10.3. Japan Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.10.4. Japan Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.10.5. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.10.6. Japan Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4.11. South Korea
- 11.4.11.1. Overview
- 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.11.3. South Korea Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.11.4. South Korea Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.11.5. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.11.6. South Korea Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.4.12. Rest of APAC
- 11.4.12.1. Overview
- 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.12.3. Rest of APAC Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.4.12.4. Rest of APAC Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.4.12.5. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.12.6. Rest of APAC Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5. Latin America
- 11.5.1. Overview
- 11.5.2. Key Manufacturers in Latin America
- 11.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.5.4. Latin America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.5.5. Latin America Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.5.6. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.7. Latin America Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5.8. Brazil
- 11.5.8.1. Overview
- 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.8.3. Brazil Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.5.8.4. Brazil Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.5.8.5. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.8.6. Brazil Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5.9. Mexico
- 11.5.9.1. Overview
- 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.9.3. Mexico Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.5.9.4. Mexico Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.5.9.5. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.9.6. Mexico Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5.10. Argentina
- 11.5.10.1. Overview
- 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.10.3. Argentina Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.5.10.4. Argentina Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.5.10.5. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.10.6. Argentina Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5.11. Rest of LATAM
- 11.5.11.1. Overview
- 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.11.3. Rest of LATAM Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.5.11.4. Rest of LATAM Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.5.11.5. Rest of LATAM Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.5.11.6. Rest of LATAM Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.6. Middle East and Africa
- 11.6.1. Overview
- 11.6.2. Key Manufacturers in Middle East and Africa
- 11.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.6.5. Middle East and Africa Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.6.6. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6.7. Middle East and Africa Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.6.8. Saudi Arabia
- 11.6.8.1. Overview
- 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.6.8.3. Saudi Arabia Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.6.8.4. Saudi Arabia Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.6.8.5. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6.8.6. Saudi Arabia Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
- 11.6.9. United Arab Emirates
- 11.6.9.1. Overview
- 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.6.9.3. United Arab Emirates Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 11.6.9.4. United Arab Emirates Market Size and Forecast, By Platform, 2016 - 2027 (US$ Million)
- 11.6.9.5. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6.9.6. United Arab Emirates Market Size and Forecast, By Conductor Material, 2016 - 2027 (US$ Million)
12. Key Vendor Analysis
- 12.1. Competitive Dashboard
- 12.2. Company Profiles
- 12.2.1. Prysmian Cables Systems
- 12.2.2. Nexans
- 12.2.3. Sumitomo Electric Industries
- 12.2.4. LS Cable LTD.
- 12.2.5. General Cable
- 12.2.6. NEONI
- 12.2.7. Furukawa Electric
- 12.2.8. South Wire
- 12.2.9. Fujikura
- 12.2.10. Walsin Lihwa
- 12.2.11. Hitachi
- 12.2.12. Tfkable
- 12.2.13. RSCC
- 12.2.14. AFC
- 12.2.15. FESE
- 12.2.16. Baosheng
- 12.2.17. Jiangnan Group
13. 360 Degree Analyst View
14. Appendix
- 14.1. Research Methodology
- 14.2. References
- 14.3. Abbreviations
- 14.4. Disclaimer
- 14.5. Contact Us