ALuminium Wires & Cables - Insights & Forecast to 2030
The report covers the global market of ALuminium wire rod, cables & conductors
AL Circle has launched a new comprehensive, industry-focused report titled: “ALuminium Wires & Cables - Insights & Forecast to 2030”, shedding an in-depth light on a vital component of electrical transmission and distribution, electrification, telecommunication cables, and automotive applications.
The report focuses on the critical role of aluminium wires and cables in the modern world, highlighting their significant growth in demand and usage. Rapid urbanisation, infrastructure development, technological advancements, and the growing production of electric vehicles primarily drive the aluminium wire rod market. According to the report, the usage of aluminium wire rod is projected to reach XXX million tonnes by 2030, marking a compound growth rate of 3.4 per cent per annum since 2024.
Extensive research and analysis in the report also detail the geographical factors that will influence the demand for aluminium wire rods through 2030. It explores production and consumption trends of aluminium wire rods, cables, and conductors while emphasising innovations and developments within the sector.
Furthermore, the report provides a market forecast for aluminium wire rods and cables, highlighting key drivers. Unique insights include global trends in electricity generation, the installation of transmission and distribution lines, and projections for installed electricity capacity, all of which significantly contribute to the increasing use of aluminium wire rods and cables.
How will this report benefit?
- It provides valuable insights for making informed investment decisions within the aluminium wire rod and cables sector by comprehensively analysing production, consumption, and market trends.
- The report highlights case studies, keeping you abreast of technical innovations from leading aluminium wire rod manufacturing companies.
- The report identifies emerging countries in this sector through comprehensive worldwide statistics, enabling you to make strategic decisions for business expansion.
- Additionally, the report will assist you in identifying your target business audience, as it highlights the end-user industries that significantly influence the demand and consumption of aluminium wire rods and cables.
Approach
Creating this report involves thorough research and analysis of the aluminium wires and cables market. The approach taken towards this report is data collection, study, test, and analysis. Primarily, this report is developed on secondary research and discussions with industry experts.
1) Introduction
Objective: This report aims to assess and analyse the current market for aluminium wires and cables, providing a forecast through 2030 to guide industry leaders in their strategic decision-making.
Scope: This report examines the applications of aluminium wire rods across various end-user markets from 2020 to 2024, detailing usage trends during this period. It includes an analysis of consumption and forecasts for regions such as North America, South America, Europe, China, the Rest of Asia Pacific, and the Middle East. It also highlights the role of aluminium wires and cables in the expanding renewable energy sector.
2) Data Collection
- Advanced Internet Research: In-depth research has been performed for data collection. The primary sources include associations, such as European Commission, Japan Aluminium Association, and Brazil Aluminium Association, government departments, published articles, white papers, conference presentations, and annual reports of companies.
- Review of the database: The curated database, with the input of subject matter experts, includes facts and figures from AL Circle (www.alcircle.com) news, blogs, interviews, and press releases.
3) Data Analysis
- The forecasts and projections in this report are derived from comprehensive market analysis, which includes collecting and examining historical data, reviewing research reports, and calculating compound annual growth rates.
- By employing analytical software tools like Python, MS Excel, and Looker Studio for data analysis and interpretation.
- By evaluating trade data sourced from the Internet Aluminium Institute, International Trade Council, Dubai Electricity and Water Authority, Ministry of Power and Renewable Energy, etc.
The report focuses mainly on aluminium-based power cables and conductors used in transmission and distribution lines.
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