Cable Drum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Cable Drum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4213
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Market Overview:

The global cable drum market size reached US$ 609 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 794 Million by 2027, exhibiting a growth rate (CAGR) of 4.58% during 2022-2027.

Cable drums are used to carry different types of wires, such as electrical and optic fiber. They are generally made using plywood, timber, plastic, or metal in varied sizes and weights, depending on the application. For instance, plywood drums are widely employed in the construction industry for transporting light loads as they are economical, lightweight, and strong. Besides this, steel drums are gaining traction over conventional wooden drums in the oil and gas sector as they are durable and eco-friendly. At present, the emerging trend of automation in industrial processes is driving the demand for cable drums and cables, including industrial ethernet, instrumentation and control cables, communication cables for protocols, and variable frequency drive (VFD) for drive circuits portable power and cord products.

Cable Drum Market Trends:

Rising penetration of 4G and 5G networks, in confluence with advancements in smartphones, represents one of the major factors positively influencing the demand for cable drums in the telecommunication sector around the world. Besides this, a significant increase in underground electrification, especially in emerging countries, is stimulating the market growth. Apart from this, the escalating demand for energy worldwide on account of rapid urbanization and the expanding global population is contributing to market growth. Moreover, the migration of many people to urban areas is increasing the demand for infrastructural facilities in metropolitan cities. This, along with initiatives undertaken by governing agencies of numerous countries are promoting public infrastructure projects through loans, investments, and subsidies, is bolstering the growth of the market. The boosting sales of vehicles across the globe are also catalyzing the demand for cable drums in the automotive industry. Furthermore, the leading market players are focusing on advancing products, which is creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cable drum market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on design, material, mechanism and end use.

Breakup by Design:

  • Standard
  • Custom
     

Breakup by Material:

  • Wood
  • Plywood
  • Plastic
  • Steel
     

Breakup by Mechanism:

  • Manual
  • Spring Loaded
  • Motorized
     

Breakup by End Use:

  • Cable Handling and Transportation
  • Crane Manufacturing
  • Mining Equipment
  • Garages
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Cable Equipements, CONDUCTIX-Wampfler (Delachaux), Coxreels, Dr. Willmar Schwabe GmbH & Co. KG, Eaton Corporation plc, Hannay Reels Inc., Hildebrandt Group, Meccanica Nicoletti s.r.l., Schill GmbH & Co. KG and Svensson Wire and Cable Packaging AB.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Design, Material, Mechanism, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Cable Equipements, CONDUCTIX-Wampfler (Delachaux), Coxreels, Dr. Willmar Schwabe GmbH & Co. KG, Eaton Corporation plc, Hannay Reels Inc., Hildebrandt Group, Meccanica Nicoletti s.r.l., Schill GmbH & Co. KG and Svensson Wire and Cable Packaging AB
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global cable drum market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cable drum market?
  • What are the key regional markets?
  • What is the breakup of the market based on the design?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the mechanism?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cable drum market and who are the key players?
  • What is the degree of competition in the industry?

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Cable Drum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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