Growth of the automotive wire and cable materials market in APEJ

Growth of the automotive wire and cable materials market in APEJ

North America and Western Europe, the other key markets for automotive wire and cable materials will also witness significant growth in 2016.Polyvinyl chloride (PVC) will continue to be the most sought-after material for manufacturing automotive wires and cables.futuremarketinsights. Growth of the automotive wire and cable materials market in APEJ will be supported by the resurgent automotive sector in the region. Light commercial vehicles segment is anticipated to grow by 4. Steady automotive sales will continue to serve the market well, especially in Asia Pacific, where China and India will witness heightened demand. etc. APEJ will continue to be the largest market throughout the forecast period.3% during the forecast period 2016-2026 and reach US$ 3., Lear Corporation, Coroplast Fritz Muller GmbH & C. Global automotive wire and cable materials market revenues will grow by 7.1 Bn in revenues.9 Bn in revenues in 2016.futuremarketinsights.While passenger cars will remain the largest segment in Cable Rollers Manufacturers terms of vehicle type, development of rapid transit routes and increasing adoption of hybrid power trains will create opportunities in the light commercial and heavy commercial vehicles segment.3% through 2026.

Future Market Insights has announced the addition of the “Automotive Wire and Cable Materials Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering. Innovations in connected and hybrid vehicles and substitution of copper with aluminium are expected to influence manufacturing process in 2016 and beyond.2 % in 2016 to reach US$ 2.9 Bn in revenues in 2016.While growth of the automotive wire and cable materials market will remain stable over 2016, emerging trends will continue to play an important role in shaping up the market.7% in 2016 over 2015 to reach US$ 0.2% revenue share of the market in 2015.3% 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. Increasing emphasis on safety and functionality and implementation of vehicle safety regulations will influence demand positively.

Automotive Wire and Cable Materials Market to Grow at a CAGR of 6. The APEJ automotive wire and cable materials market will grow by 6.com/toc/rep-gb-1676Leoni AG, Coficab Tunisie SA and Sumitomo Corporation are the top 3 players in the global automotive wire and cable materials market.Asia Pacific excluding Japan (APEJ) is the largest market for automotive wire and cable materials and the status quo will remain so in 2016 and beyond. In addition to these marquee players, Delphi Automotive PLC, Draka Holdings B.V. These 3 players collectively accounted for 46.Request Free Report Sample@ http://www.7 Bn in revenues. are the other leading players in this market. KG, Yazaki Corporation and Allied Wire and Cable Inc.6% and reach US$ 1.8% in 2016.Speak To Analyst.The global automotive wire and cable materials market is expected to increase at a CAGR of 6.

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