Prysmian Group (Italy) and Nexans S.A. (France) Are Leading Players in the Fire-Resistant Cable Market

Browse 276 market data Tables and 56 Figures spread through 256 Pages and in-depth TOC on “Fire-Resistant Cable Market”
Fire-Resistant Cable Market by Insulation Material (EPR, LSZH, PVC, XLPE), End-use Industry (Automotive & Transportation, Building & Construction, Energy, Manufacturing), and Region (North America, Europe, APAC, MEA, South America)

The global fire-resistant cable market size is projected to grow from USD 1.8 billion in 2021 to USD 2.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast year. According to Nexans S.A., one of the leading electrical & electronic cable manufacturer, “Fire resistant cables ensure integrity of function during a fire by enabling the security systems (video surveillance, smoke ventilation, and audio alarms, amongst others) to continue functioning for a certain time after the fire has started. These cables are an essential component of any alarm circuit. During fires, buildings should remain functional to help in the evacuation process. People’s safety is the priority: fire safety equipment like warning systems, smoke detector, smoke extractor, emergency exits, and fire lighting equipment are key and must remain functional.

The fire-resistant cable market has thousands of companies which thrive in their domestic market. A few of the major players are, Prysmian Group (Italy), Nexans S.A. (France), NKT Group (Denmark), Leoni AG (Germany), and LS Cable & System Limited (South Korea), and Elsewedy Electric Company (Egypt), among others. These players have adopted various growth strategies, such as acquisitions, investments, expansions, agreements, collaborations, and new product developments, to increase their market shares and enhance their product portfolios.

To know about the assumptions considered for the study download the pdf brochure

Acquisition accounted for the largest share of all the strategic developments that took place in the fire-resistant cable market between 2016 and 2021. Key players such as Prysmian Group (Italy), Nexans S.A. (France), NKT Group (Denmark), and LS Cable & System Limited (South Korea), adopted these strategies to enhance their business, market presence, to develop new products and meet consumer demand.

The Prysmian Group is an Italian manufacturer which specializes in the production of electrical cables for the use in energy and telecommunication sectors, and for optical fibres. The company is a leader in the fire-resistant cable market and has acquired General Cable Corporation (US), a key manufacturer and distributor of cable & wire, in 2017. This acquisition has enhanced and broaden the product portfolio as well as customer base of Prysmian Group for fire-resistant cables globally. The company is strategically well placed and has a strong customer base across the globe. It has a strong and extensive product portfolio of fire-resistant cables. It has an extensive global reach, strong market position, and stable revenue generation.

Nexans S.A. is one of the pioneers in cable industry and offers high brand value by offering premium and high-quality fire-resistant cables. Nexans S.A. has a wide geographic presence with offices across the world and focuses on developing innovative products and solutions in the fire-resistant cables market due to its strong technical expertise in cable-related product markets. The company has a strong financial background and invests large amounts in R&D activities. Furthermore, it has its industrial footprints in 38 countries, 98 production sites and logistic centers, with sales presence worldwide.

Request for Sample Report:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States

Daily Digest Signup

Daily business and market business news, business management tips, market research insights, and more.


Smart public opinion research for everyone.

Generated by Feedzy
%d bloggers like this: