Electricity supply has become a lifeline for the modern day living as well as industrial sector. Almost every operation in industrial manufacturing and processing, construction, power generation, and many other fields cannot be executed without a safe and uninterrupted supply of electricity. Different methods are used in nascent times to generate electricity which includes thermal power plants, hydroelectric power plants, a non-conventional method for generating power and nuclear power plants. However, one of the major concerns for the electricity network is to maintain the electric cables in hostile conditions such as high temperature, electromagnetic interference, ionizing radiation, moisture, oxidization, and others. Normal electric conductor cable is incapable of sustaining the aforesaid conditions. Consequently, mineral insulated cables are being increasingly preferred over conventional cables so as to overcome the aforementioned issues.
Mineral insulated cable is a copper conductor cable enclosed in either copper or stainless steel sheath. The intervening space between the conductor and sheath is filled with magnesium oxide, which acts as an insulator for the conductor. Magnesium oxide restricts any kind of foreign intervention with the copper conductors. Thus, any kind of oxidization, electric or thermal conduction and radiation interference are avoided, thereby ensuring optimum efficiency of these cables.
The rise in power generation capacity is the most significant factor fuelling the adoption of mineral insulated cables. These cables are capable of withstanding heavy electricity load with robust protective insulated sheet. This ensures seamless conduction of electricity with minimal possibilities of short-circuit and fire. Consequently, mineral insulated cables are extensively used in electricity supply network in nuclear power plants as well as industrial manufacturing & processing sectors. Apart from these, mineral insulated cables are also used in other applications such as fire protection equipment, oil & gas rigs, construction and several others.
The report titled “Mineral Insulated Cable Market - Growth, Future Prospects and Competitive Landscape, 2017–2025” offers strategic insights into the global mineral insulated cable market with a focus on the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on cladding material, end-use and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.
In order to help strategic decision makers, the report also includes competitive profiling of the leading mineral insulated cable manufacturers, their business strategies, and market positioning and key developments. Some of the major players profiled in the report Ari Industries, Nexans S.A., KME Group, Watlow Electric Manufacturing Co., Raychem HTS, Temperature Technology Ltd., Sumitomo Group, The Emerson Electric Company, Zhejiang Taisuo Technology Co. Ltd., Arthur J. Hurley Company, Inc., Mil GmbH, M.I. Cable Technologies, Inc., OMEGA Engineering, Inc., Trasor Corporation, and others. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global mineral insulated cable, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Mineral Insulated Cable Market
2.2 Global Mineral Insulated Cable Market, By Cladding Material
2.3 Global Mineral Insulated Cable Market, By End-Use
2.4 Global Mineral Insulated Cable Market, By Geography
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Key Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Competitive Landscape
3.7.1 Market Positioning of Key Mineral Insulated Cable Manufacturers
Chapter 4 Mineral Insulated Cable Market Analysis, by Cladding Material
4.1 Overview
4.2 Copper Cladding
4.2.1 Global Copper Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
4.3 Stainless Steel Cladding
4.3.1 Global Stainless Steel Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
4.4 Other Materials Cladding
4.4.1 Global Other Materials Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
Chapter 5 Mineral Insulated Cable Market Analysis, by End-Use
5.1 Overview
5.2 Manufacturing & Processing
5.2.1 Global Mineral Insulated Cable for Manufacturing & Processing Market Revenue, 2015 – 2025, (US$ Mn)
5.3 Construction (Residential & Commercial)
5.3.1 Global Mineral Insulated Cable Market for Construction (Residential & Commercial) Revenue, 2015 – 2025, (US$ Mn)
5.4 Power Plants
5.4.1 Global Mineral Insulated Cable Market Revenue for Power Plants, 2015 – 2025, (US$ Mn)
5.5 Oil & Gas Rigs
5.5.1 Global Mineral Insulated Cable Market Revenue for Oil & Gas Rigs, 2015 – 2025, (US$ Mn)
5.6 Other (Medical Devices, Measurement Devices & Aerospace)
5.6.1 Global Mineral Insulated Cable Market Revenue for Other (Medical Devices, Measurement Devices & Aerospace), 2015 – 2025, (US$ Mn)
Chapter 6 North America Mineral Insulated Cable Market Analysis
6.1 Overview
6.1.1 North America Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn)
6.2 North America Mineral Insulated Cable Market Analysis, By Cladding Material, 2015 – 2025 (US$ Mn)
6.2.1 Comparative Analysis
6.3 North America Mineral Insulated Cable Market Analysis, By End-Use, 2015 – 2025 (US$ Mn)
6.3.1 Comparative Analysis
6.4 North America Mineral Insulated Cable Market Analysis, By Region, 2015 – 2025 (US$ Mn)
6.4.1 Comparative Analysis
Chapter 7 Europe Mineral Insulated Cable Market Analysis
7.1 Overview
7.1.1 Europe Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
7.2 Europe Mineral Insulated Cable Market Analysis, By Cladding Material, 2015 – 2025 (US$ Mn)
7.2.1 Comparative Analysis
7.3 Europe Mineral Insulated Cable Market Analysis, By End-Use, 2015 – 2025 (US$ Mn)
7.3.1 Comparative Analysis
7.4 Europe Mineral Insulated Cable Market Analysis, By Region, 2015 – 2025 (US$ Mn)
7.4.1 Comparative Analysis
Chapter 8 Asia Pacific Mineral Insulated Cable Market Analysis
8.1 Overview
8.1.1 Asia Pacific Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn)
8.2 Asia Pacific Mineral Insulated Cable Market Analysis, By Cladding Material, 2015 – 2025 (US$ Mn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Mineral Insulated Cable Market Analysis, By End-Use, 2015 – 2025 (US$ Mn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Mineral Insulated Cable Market Analysis, By Region, 2015 – 2025 (US$ Mn)
8.4.1 Comparative Analysis
Chapter 9 Rest of the World (RoW) Mineral Insulated Cable Market Analysis
9.1 Overview
9.1.1 Rest of the World (RoW) Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn)
9.2 Rest of the World (RoW)Mineral Insulated Cable Market Analysis, By Cladding Material, 2015 – 2025 (US$ Mn)
9.2.1 Comparative Analysis
9.3 Rest of the World (RoW)Mineral Insulated Cable Market Analysis, By End-Use, 2015 – 2025 (US$ Mn)
9.3.1 Comparative Analysis
9.4 Rest of the World (RoW) Mineral Insulated Cable Market Analysis, By Region, 2015 – 2025 (US$ Mn)
9.4.1 Comparative Analysis
Chapter 10 Company Profiles
10.1 Ari Industries
10.1.1 Ari Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.2 Nexans S.A.
11.2.1 Nexans S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.3 KME Group
11.3.1 KME Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.4 Watlow Electric Manufacturing Co.
10.4.1 Watlow Electric Manufacturing Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.5 Raychem HTS
10.5.1 Raychem HTS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.6 Temperature Technology Ltd.
10.6.1 Temperature Technology Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.7 Sumitomo Group
10.7.1 Sumitomo Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.8 The Emerson Electric Company
10.8.1 The Emerson Electric Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.9 Zhejiang Taisuo Technology Co. Ltd.
10.9.1 Zhejiang Taisuo Technology Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.10 Arthur J. Hurley Company, Inc.
10.10.1 Arthur J. Hurley Company, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.11 Mil GmbH
10.11.1 Mil GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.12 M.I. Cable Technologies, Inc.
10.12.1 M.I. Cable Technologies, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.13 OMEGA Engineering, Inc.
10.13.1 OMEGA Engineering, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.14 Trasor Corporation
10.14.1 Trasor Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Note:
List of Tables :
TABLE 1 Market Snapshot: Global Mineral Insulated Cable Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Mineral Insulated Cable Market Revenue, By Cladding Material, 2015 – 2025 (US$ Mn)
TABLE 5 North America Mineral Insulated Cable Market Revenue, By End-Use, 2015 – 2025 (US$ Mn)
TABLE 6 North America Mineral Insulated Cable Market Revenue, By Region, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Mineral Insulated Cable Market Revenue, By Cladding Material, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Mineral Insulated Cable Market Revenue, By End-Use, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Mineral Insulated Cable Market Revenue, By Region, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific Mineral Insulated Cable Market Revenue, By Cladding Material, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Mineral Insulated Cable Market Revenue, By End-Use, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific Mineral Insulated Cable Market Revenue, By Region, 2015 – 2025 (US$ Mn)
TABLE 13 Rest of the World (ROW) Mineral Insulated Cable Market Revenue, By Cladding Material, 2015 – 2025 (US$ Mn)
TABLE 14 Rest of the World (ROW) Mineral Insulated Cable Market Revenue, By End-Use, 2015 – 2025 (US$ Mn)
TABLE 15 Rest of the World (ROW) Mineral Insulated Cable Market Revenue, By Region, 2015 – 2025 (US$ Mn)
TABLE 16 Ari Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 17 Nexans S.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 18 KME Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 19 Watlow Electric Manufacturing Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 20 Raychem HTS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 21 Temperature Technology Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 22 Sumitomo Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 23 Freedonia Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 24 The Emerson Electric Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 25 Zhejiang Taisuo Technology Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 26 Arthur J. Hurley Company, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 27 Mil GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 28 M.I. Cable Technologies, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 29 OMEGA Engineering, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 30 Trasor Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
List of Figures :
FIG. 1 Global Mineral Insulated Cable Market: Research Methodology
FIG. 2 Top-down and Bottom-up Approach
FIG. 3 Global Mineral Insulated Cable Market, By Cladding Material, 2016 (US$ Mn)
FIG. 4 Global Mineral Insulated Cable Market, By End-Use, 2016 (US$ Mn)
FIG. 5 Global Mineral Insulated Cable Market, By Geography, 2016 (US$ Mn)
FIG. 6 Global Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 7 See-Saw Analysis: Global Mineral Insulated Cable Market
FIG. 8 Market Positioning of Key Mineral Insulated Cable Manufacturers, 2016
FIG. 9 Global Mineral Insulated Cable by Cladding Material, 2016 & 2025 (Revenue Share %)
FIG. 10 Global Copper Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 11 Global Stainless Steel Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 12 Global Other Materials Cladding Mineral Insulated Cable Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 13 Global Mineral Insulated Cable by End-Use, 2016 & 2025 (Revenue Share %)
FIG. 14 Global Mineral Insulated Cable for Industrial Manufacturing Processing Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 15 Global Mineral Insulated Cable Market Revenue for Construction (Residential & Commercial), 2015 – 2025, (US$ Mn)
FIG. 16 Global Mineral Insulated Cable Market Revenue for Power Plants, 2015 – 2025, (US$ Mn)
FIG. 17 Global Mineral Insulated Cable Market Revenue for Power Plants, 2015 – 2025, (US$ Mn)
FIG. 18 Global Mineral Insulated Cable Market Revenue for Other (Medical Devices, Measurement Devices & Aerospace), 2015 – 2025, (US$ Mn)
FIG. 19 North America Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 20 Europe Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 21 Asia Pacific Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 22 Rest of the World (ROW) Mineral Insulated Cable Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
The global mineral insulated cable market is segmented, based on the cladding material of the cable, into the following categories:
Copper and stainless steel are the two prime materials which are predominantly used for the cladding of the mineral insulating cables. In addition, other materials such as nickel, tantalum, platinum and inconel are also be used for cladding depending upon the end-use application. As of 2016, mineral insulated cable with copper cladding leads the overall mineral insulated cable market. Owing to a large number of merits such as easy availability, reliability, thermal conductivity, moisture resistance and cost effectiveness, copper remains the preferred the material for insulated cables. Additionally, copper cladding aids in preventing the electromagnetic interference and ionizing radiation from nuclear power plants. Finding its utility in a variety of applications such as power plants, fire equipment as well as in constructions application, the demand for copper cladding mineral insulated cable is expected to escalate even further in the coming years.
Mineral insulated cable with stainless steel cladding succeeds copper cladding, as of 2016 and is expected to retain its position in the coming years. Stainless steel cladding is used in applications having moist or damp environment. Due to good resistance to corrosion as well as better durability, stainless steel cladding mineral insulated cable is preferred in such location.
The global mineral insulated cable market is segmented, based on end-use application, into the following categories:
Mineral insulated cables have found a wide range of application across different sectors. Based on the end-use segment, manufacturing & processing, exhibits a strong growth in terms of revenue, as of 2016. Mineral insulated cables are used in kilns, furnaces, heat treatment equipment and processing industries where the cable is required to operate in high temperature and harsh environment. Food processing industries and chemical industries extensively use mineral insulated cable for electricity supply. With the steady growth in manufacturing and processing industry, the segment would continue dominating the market throughout the forecast period.
As of 2016, construction segment in residential and commercial application succeeds manufacturing & processing segment, in terms of revenue, of the mineral insulated market. Mineral insulated cables are used for devices such as smoke detectors, fire sprinkler system, generator cables and cables for elevators and escalators in both residential and commercial infrastructures. Capable of handling both single and three phase supply, mineral insulated cable are applied broadly in many areas of construction and commissioning of infrastructure.
Power plant segment for overall mineral insulated cables is expected to be the fastest growing throughout the forecast. Mineral insulated cables are immune to any kind of electromagnetic interference as well as ionizing radiations to the supply. Consequently, these cables are extensively applied in nuclear power plants and nuclear physics instruments. With the persistent growth in power generation and utilization of mineral insulated cables for power conduction, the demand for cables is expected to rise dynamically.
The global mineral insulated cable market has been segmented, on the basis of geographical regions, as per following regions and countries:
As of 2016, Asia Pacific contributes a major share in global mineral insulated cable market. Asia Pacific has a major concentration of manufacturing and processing, specifically in countries such as Japan, China, South Korea and India. Growing industries and increasing demand for power have resulted in more consumption of mineral insulated cables. Consequently, mineral insulated cable market exhibits consistent high in Asia Pacific. Another factor boosting the sales of mineral insulated cables is the presence of larger number of thermal and nuclear power plants in Asia Pacific. Due to its reliability and ability to withstand the hostile working environment, mineral insulated cable find their application in thermal and nuclear power plants. This has led to a holistic utilization of minerals insulated cables and thus uplifting the overall market considerably in Asia Pacific.
The Europe mineral insulated cable market succeeds Asia-Pacific in terms of revenue. The demand for mineral insulated cables is majorly governed by countries such as U.K., Germany, France and other Western Europe countries having a huge industrial sector. Strong industrial presence has created a demand for a reliable and rugged, medium for conducting electricity. The overall growth of mineral insulated cable market is expected to be consistent due to the increase in demand of cables for power plants and industries.
