Industrial Cable Reels Market: Overview
The worldwide industrial cable reels market is expected to rise steadily with the increasing adoption of factory automation over the upcoming years.
According to the recent market research report by Fact.MR the industrial cable reels manufacturers are updating their latest product features to increase sales.
Industrial cable reels manufacturer companies are currently focusing on safety as a major concern,
For instance, Eaton company has launched its latest product in the market, W19L C03070. Eaton Crouse-Hinds series Cable-Gard W series lifting/stretching reel, with 3 conductors, and Weathertight, 600 Vac, #12 AWG.
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Global Industrial Cable Reels Market: Regional Overview
During the forecast period, Asia Pacific (China, India, and South East Asia Pacific) is expected to hold a greater share of the market, owing to the increasing consumption of cables and wires in various end-use industries such as building and construction, etc.
Also, China, being a manufacturing hub, and China and India being among the emerging countries, are stipulated to witness robust growth in the market, owing to increased construction activities as well as the increased demand for energy.
North America is anticipated to register significant growth after Asia Pacific as a result of the region’s inclination towards industrial workplace safety.
Increasing import and export of oil and gas in the Middle East and Africa, coupled with growing awareness of waste water management, is stipulated to increase the trade of industrial cable reels in the coming years.
Competitive Landscape
Examples of some of the market participants in the global industrial cable reels market identified across the value chain include:
- Molex, LLC
- Nederman Holding AB
- Hannay Reels Inc.
- Zeca S.p.A.
- Eaton
- United Equipment Accessories, Inc.
- Reelcraft Industries
- Coxreels
- Topring
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Global Industrial Cable Reels: Market Segmentation
On the basis of product type, the global industrial cable reels market has been segmented as:
- Automatic Industrial Cable Reels
- Semi-automatic Industrial Cable Reels
On the basis of mount type, the global industrial cable reels market has been segmented as:
- Wall Mounted
- Ceiling/Floor Mounted
- Bench Mounted
On the basis of application, the global industrial cable reels market has been segmented as:
- Fire Trucks
- Food & Beverages
- Construction
- Mining
- Waste Water Treatment
- Power Distribution
- Others
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