The Military Cables Global Market Report 2023, provides comprehensive information on the military cables market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Military Cables Global Market Report 2023, the global military cables market size grew from $26.49 billion in 2022 to $31.57 billion in 2023 at a compound annual growth rate (CAGR) of 19.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The military cables market size is expected to grow to $76.45 billion in 2027 at a CAGR of 24.7%.
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The military cables market is segmented:
1) By Product: Coaxial, Ribbon, Twisted Pair
2) By Conductor Material: Stainless Steel Alloys, Aluminum Alloys, Copper Alloys, Others Conductor Materials
3) By Platform: Ground, Airborne, Marine
4) By Application: Communication Systems, Navigation Systems, Military Ground Equipment, Weapon Systems, Other Applications
Western Europe was the largest region in the military cables market in 2022.
The table of contents in TBRC’s military cables market report includes:
- Executive Summary
- Military Cables Market Characteristics
- Military Cables Market Trends And Strategies
- Military Cables Market – Macro Economic Scenario
- Military Cables Market Size And Growth
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- Africa Military Cables Market
- Military Cables Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Military Cables Market
- Military Cables Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Carlisle Interconnect Technologies
- Collins Aerospace
- Prysmian Group
- Nexans S.A
- Sumitomo Electric Industries Ltd
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