The mineral insulated cable market was valued at US$ 951.72 million in 2019, it is estimated to grow at a CAGR of 5.7% during the forecast period of 2020 to 2027
The increasing demand for electric power across the world, mainly due to growing industrialization and economic growth, is highlighting the need for robust heat-tracing wires for high-temperature applications. Mineral insulated cables majorly finding their applications in industrial manufacturing, power generation plants, nuclear reactors, and nuclear physics equipment. Changing trends in the power generation and oil & gas industries are triggering the adoption of new systems and products. Also, the scope of using heat tracing wires is rising owing to the expansion of existing power plants, oil rigs, gas pipelines, refineries, and oil and gas tankers. Sellafield Nuclear Decommissioning, France Nuclear Power Plant Upgrades, Baihetan Hydropower Station, State Grid Corporation of China (SGCC) Transmission Lines, Barakah Nuclear Power Project (ENEC), and Hinkley Point C Nuclear Power Plant are among the key power generation plants in the world.
Moreover, companies are expanding their plants or modernizing their fields are approving growing expenditure on oil & gas projects. For instance, Alaska LNG Liquefaction Plant (US), Al Zour Refinery (Kuwait), South Pars Phases 13-14 (Iran), Scarborough Gas Project & Pluto LNG Expansion (Australia), and Nord Stream 2 Gas Pipeline (Russia) are among the ongoing oil & gas projects. The continuous developments in liquefied natural gas industry and recovery of oil prices are drawing investments in the energy and power sector, thereby leading to the commencement of new projects. Therefore, the growth of oil & gas and power sectors worldwide is propelling adoption of mineral insulated cables.
The COVID-19 outbreak across the globe has weakened various activities across industries. The energy and power generation industry is also hit hard by the outbreak due to limited manpower and disruption in supply chain of components and services. The Mineral Insulated Cable market player also operated with restricted manpower in various countries, whereas, in several countries the activity of nuclear decommissioning is put on hold owing to imposition of lockdown measures by respective governments.
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Mineral Insulated Cable Market: Strategic Insights
Market Size Value in US$ 951.72 million in 2019 Market Size Value by US$ 1,337.00 Million by 2027 Growth rate CAGR of 5.7% from 2020 to 2027 Forecast Period 2020 - 2027 Base Year 2020
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Mineral Insulated Cable Market: Strategic Insights
| Market Size Value in | US$ 951.72 million in 2019 |
| Market Size Value by | US$ 1,337.00 Million by 2027 |
| Growth rate | CAGR of 5.7% from 2020 to 2027 |
| Forecast Period | 2020 - 2027 |
| Base Year | 2020 |
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Lucrative Regional Markets for Mineral Insulated CablesProviders
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Mineral Insulated Cables Market Segmentation
Mineral Insulated Cables Market – by Type
- Power Cable
- Heating Cable
Mineral Insulated Cables Market – by Cladding
- Copper
- Stainless Steel
- Others
Mineral Insulated Cables Market – byEnd User Industry
- Energy & Power
- Oil & Gas
- Construction
- Pharmaceuticals
- Others
Mineral Insulated Cables Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Mineral Insulated Cables Marke – Companies Mentioned
- Bartec Top Holding GmbH
- Raychem RPG PvtLimited
- BriskheatCorporation
- eltherm GmbH
- Emerson Electric Co.
- ThermocoaxGroup
- Thermon Industries, Inc.
- MI Cable Technologies Inc.
- Trasor Corp.
- Zhejiang Taisuo Technology Company, Ltd
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The energy & power is leading the global mineral insulated cable market. In the energy & power industry, temperature and pressure measurement instruments play a significant role in large-scale power plants, peak-load electricity generation plants, and decentralized systems, among others. This factor is likely to influence the adoption of mineral insulated cables in the temperature and pressure measurement applications in these facilities.
With the increasing demand for power across the world mainly due to industrialization and economic growth, the need for a robust heat tracing wire for high temperature applications is imminent. Mineral insulated cables are majorly finding their applications in industrial manufacturing, power generation plants, nuclear reactors, and nuclear physics equipment. With changing trends in power generation and oil & gas industries, new systems and products are getting adopted increasingly. The growth of oil & gas and power industries, and projects running worldwide are contributing significantly toward the adoption of mineral insulated cables.
Presently, North America held the largest share of the global mineral insulated cable market. With running oil & gas projects, increasing demand for electricity generated from renewable energy sources, and highest number of nuclear power plants in the US is contributing towards the growth oil & gas and power generation industry. This factor is estimated to help in the deployment of mineral insulated cable. Gigantic players of oil & gas industry also plays a positive role in stimulating the use of advanced cables for high-temperature applications present in oil & gas industry.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Mineral Insulated Cable Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South America - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Mineral Insulated Cable Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Oil & Gas and Power Generation Industries
5.1.2 Rising Use in Pharmaceutical Industry
5.2 Market Restraints
5.2.1 High Cost of Mineral Insulated Cable
5.3 Market Opportunities
5.3.1 Increasing Applications of Mineral insulated Cable
5.4 Future Trends
5.4.1 Integration of Mineral Insulated Cables in Electric Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Mineral Insulated Cable Market – Global Analysis
6.1 Global Mineral Insulated Cable Market Overview
6.2 Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning –Key Players
7. Mineral Insulated Cable Market Analysis – By Type
7.1 Overview
7.2 Mineral Insulated Cable Market, by Type (2019 and 2027)
7.3 Power Cables
7.3.1 Overview
7.3.2 Power Cables: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Heating Cables
7.4.1 Overview
7.4.2 Heating Cables: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
8. Mineral Insulated Cable Market – By Cladding
8.1 Overview
8.2 Mineral Insulated Cable Market, by Cladding (2019 and 2027)
8.3 Copper
8.3.1 Overview
8.3.2 Copper: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Stainless Steel
8.4.1 Overview
8.4.2 Stainless Steel: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
9. Mineral Insulated Cable Market – By End-User Industry
9.1 Overview
9.2 Mineral Insulated Cable Market, by End User (2019 and 2027)
9.3 Energy & Power
9.3.1 Overview
9.3.2 Energy and Power: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Oil & Gas
9.4.1 Overview
9.4.2 Oil and Gas: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Construction
9.5.1 Overview
9.5.2 Construction: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Pharmaceuticals
9.6.1 Overview
9.6.2 Pharmaceuticals:Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others:Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10. Mineral Insulated Cable Market – Geographic Analysis
10.1 Overview
10.2 North America: Mineral Insulated Cable Market
10.2.1 North America: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Mineral Insulated Cable Market, by Type
10.2.3 North America: Mineral Insulated Cable Market, by Cladding
10.2.4 North America: Mineral Insulated Cable Market, by End-User Industry
10.2.5 North America: Mineral Insulated Cable Market , by Key Country
10.2.5.1 US: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Mineral Insulated Cable Market, by Type
10.2.5.1.2 US: Mineral Insulated Cable Market, by Cladding
10.2.5.1.3 US: Mineral Insulated Cable Market, by End-User Industry
10.2.5.2 Canada: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Mineral Insulated Cable Market, by Type
10.2.5.2.2 Canada: Mineral Insulated Cable Market, by Cladding
10.2.5.2.3 Canada: Mineral Insulated Cable Market, by End-User Industry
10.2.5.3 Mexico: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Mineral Insulated Cable Market, by Type
10.2.5.3.2 Mexico: Mineral Insulated Cable Market, by Cladding
10.2.5.3.3 Mexico: Mineral Insulated Cable Market, by End-User Industry
10.3 Europe: Mineral Insulated Cable Market
10.3.1 Europe: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Mineral Insulated Cable Market, by Type
10.3.3 Europe: Mineral Insulated Cable Market, by Cladding
10.3.4 Europe: Mineral Insulated Cable Market, by End-User Industry
10.3.5 Europe: Mineral Insulated Cable Market , by Key Country
10.3.5.1 Germany: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Mineral Insulated Cable Market, by Type
10.3.5.1.2 Germany: Mineral Insulated Cable Market, by Cladding
10.3.5.1.3 Germany: Mineral Insulated Cable Market, by End-User Industry
10.3.5.2 France: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Mineral Insulated Cable Market, by Type
10.3.5.2.2 France: Mineral Insulated Cable Market, by Cladding
10.3.5.2.3 France: Mineral Insulated Cable Market, by End-User Industry
10.3.5.3 Italy: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Mineral Insulated Cable Market, by Type
10.3.5.3.2 Italy: Mineral Insulated Cable Market, by Cladding
10.3.5.3.3 Italy: Mineral Insulated Cable Market, by End-User Industry
10.3.5.4 UK: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Mineral Insulated Cable Market, by Type
10.3.5.4.2 UK: Mineral Insulated Cable Market, by Cladding
10.3.5.4.3 UK: Mineral Insulated Cable Market, by End-User Industry
10.3.5.5 Russia: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Mineral Insulated Cable Market, by Type
10.3.5.5.2 Russia: Mineral Insulated Cable Market, by Cladding
10.3.5.5.3 Russia: Mineral Insulated Cable Market, by End-User Industry
10.3.5.6 Rest of Europe: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Mineral Insulated Cable Market, by Type
10.3.5.6.2 Rest of Europe: Mineral Insulated Cable Market, by Cladding
10.3.5.6.3 Rest of Europe: Mineral Insulated Cable Market, by End-User Industry
10.4 APAC: Mineral Insulated Cable Market
10.4.1 APAC: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Mineral Insulated Cable Market, by Type
10.4.3 APAC: Mineral Insulated Cable Market, by Cladding
10.4.4 APAC: Mineral Insulated Cable Market, by End-User Industry
10.4.5 APAC: Mineral Insulated Cable Market , by Key Country
10.4.5.1 China: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: Mineral Insulated Cable Market, by Type
10.4.5.1.2 China: Mineral Insulated Cable Market, by Cladding
10.4.5.1.3 China: Mineral Insulated Cable Market, by End-User Industry
10.4.5.2 India: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 India: Mineral Insulated Cable Market, by Type
10.4.5.2.2 India: Mineral Insulated Cable Market, by Cladding
10.4.5.2.3 India: Mineral Insulated Cable Market, by End-User Industry
10.4.5.3 Japan: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: Mineral Insulated Cable Market, by Type
10.4.5.3.2 Japan: Mineral Insulated Cable Market, by Cladding
10.4.5.3.3 Japan: Mineral Insulated Cable Market, by End-User Industry
10.4.5.4 South Korea: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 South Korea: Mineral Insulated Cable Market, by Type
10.4.5.4.2 South Korea: Mineral Insulated Cable Market, by Cladding
10.4.5.4.3 South Korea: Mineral Insulated Cable Market, by End-User Industry
10.4.5.5 Australia: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 Australia: Mineral Insulated Cable Market, by Type
10.4.5.5.2 Australia: Mineral Insulated Cable Market, by Cladding
10.4.5.5.3 Australia: Mineral Insulated Cable Market, by End-User Industry
10.4.5.6 Rest of APAC: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Mineral Insulated Cable Market, by Type
10.4.5.6.2 Rest of APAC: Mineral Insulated Cable Market, by Cladding
10.4.5.6.3 Rest of APAC: Mineral Insulated Cable Market, by End-User Industry
10.5 MEA: Mineral Insulated Cable Market
10.5.1 MEA: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Mineral Insulated Cable Market, by Type
10.5.3 MEA: Mineral Insulated Cable Market, by Cladding
10.5.4 MEA: Mineral Insulated Cable Market, by End-User Industry
10.5.5 MEA: Mineral Insulated Cable Market , by Key Country
10.5.5.1 South Africa: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Mineral Insulated Cable Market, by Type
10.5.5.1.2 South Africa: Mineral Insulated Cable Market, by Cladding
10.5.5.1.3 South Africa: Mineral Insulated Cable Market, by End-User Industry
10.5.5.2 Saudi Arabia: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Mineral Insulated Cable Market, by Type
10.5.5.2.2 Saudi Arabia: Mineral Insulated Cable Market, by Cladding
10.5.5.2.3 Saudi Arabia: Mineral Insulated Cable Market, by End-User Industry
10.5.5.3 UAE: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Mineral Insulated Cable Market, by Type
10.5.5.3.2 UAE: Mineral Insulated Cable Market, by Cladding
10.5.5.3.3 UAE: Mineral Insulated Cable Market, by End-User Industry
10.5.5.4 Rest of MEA: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Mineral Insulated Cable Market, by Type
10.5.5.4.2 Rest of MEA: Mineral Insulated Cable Market, by Cladding
10.5.5.4.3 Rest of MEA: Mineral Insulated Cable Market, by End-User Industry
10.6 SAM: Mineral Insulated Cable Market
10.6.1 Overview
10.6.2 SAM: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.6.3 SAM: Mineral Insulated Cable Market Breakdown, by Type
10.6.4 SAM: Mineral Insulated Cable Market Breakdown, by Cladding
10.6.5 SAM: Mineral Insulated Cable Market Breakdown, by End-User Industry
10.6.6 SAM: Mineral Insulated Cable Market Breakdown, by Country
10.6.6.1 Brazil: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.6.6.1.1 Brazil: Mineral Insulated Cable Market Breakdown, by Type
10.6.6.1.2 Brazil: Mineral Insulated Cable Market Breakdown, by Cladding
10.6.6.1.3 Brazil: Mineral Insulated Cable Market Breakdown, by End-User Industry
10.6.6.2 Argentina: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.6.6.2.1 Argentina: Mineral Insulated Cable Market Breakdown, by Type
10.6.6.2.2 Argentina: Mineral Insulated Cable Market Breakdown, by Cladding
10.6.6.2.3 Argentina: Mineral Insulated Cable Market Breakdown, by End-User Industry
10.6.6.3 Rest of SAM: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
10.6.6.3.1 Rest of SAM: Mineral Insulated Cable Market Breakdown, by Type
10.6.6.3.2 Rest of SAM: Mineral Insulated Cable Market Breakdown, by Cladding
10.6.6.3.3 Rest of SAM Mineral Insulated Cable Market Breakdown, by End-User Industry
11. Impact of COVID-19 Pandemic on Global Mineral Insulated Cable Market
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
13. Company Profiles
13.1 BARTEC Top Holding GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Raychem RPG Pvt Limited
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Briskheat Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 eltherm GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Emerson Electric Co.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 THERMOCOAX GROUP
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Thermon Industries,Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 MI Cable Technologies Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Trasor Corp.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 ZheJiang Taisuo Technology Company, Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Mineral Insulated Cable Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Mineral Insulated Cable Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Mineral Insulated Cable Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Mineral Insulated Cable Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 20. France: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 21. France: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 26. UK: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. UK: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 28. UK: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 35. APAC: Mineral Insulated Cable Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 36. APAC: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC: Mineral Insulated Cable Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Million)
Table 38. China: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 39. China: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 40. China: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 41. India: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 42. India: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 43. India: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 44. Japan: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 45. Japan: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 46. Japan: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 47. South Korea: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 48. South Korea: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 49. South Korea: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 50. Australia: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. Australia: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 52. Australia: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of APAC: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA: Mineral Insulated Cable Market, by Type– Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA: Mineral Insulated Cable Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Million)
Table 59. South Africa: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 60. South Africa: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 61. South Africa: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 62. Saudi Arabia: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 63. Saudi Arabia: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 64. Saudi Arabia: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 65. UAE: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 66. UAE: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 67. UAE: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA: Mineral Insulated Cable Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA: Mineral Insulated Cable Market, by Cladding –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA: Mineral Insulated Cable Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 71. SAM: Mineral Insulated Cable Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 72. SAM: Mineral Insulated Cable Market, by Cladding – Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM: Mineral Insulated Cable Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Type (US$ Million)
Table 75. Brazil: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Cladding (US$ Million)
Table 76. Brazil: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by End-User Industry (US$ Million)
Table 77. Argentina: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Type (US$ Million)
Table 78. Argentina: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Cladding (US$ Million)
Table 79. Argentina: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by End-User Industry (US$ Million)
Table 80. Rest of SAM: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Type (US$ Million)
Table 81. Rest of SAM: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by Cladding (US$ Million)
Table 82. Rest of SAM: Mineral Insulated Cable Market, Revenue and Forecast to 2027 – by End-User Industry (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Mineral Insulated Cable Market Segmentation
Figure 2. Mineral Insulated Cable Market Segmentation – By Geography
Figure 3. Global Mineral Insulated Cable Market Overview
Figure 4. Copper Segment held the Largest Share of Mineral Insulated Cable Market
Figure 5. Power Cable held the Largest Share of Mineral Insulated Cable Market
Figure 6. Energy & Power held the Largest Share of Mineral Insulated Cable Market
Figure 7. North America held the Largest Share of Mineral Insulated Cable Market
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia Pacific – PEST Analysis
Figure 11. Middle East and Africa – PEST Analysis
Figure 12. SAM – PEST Analysis
Figure 13. Expert Opinion
Figure 14. Mineral Insulated Cable Market: Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Mineral Insulated Cable Market
Figure 16. Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Mineral Insulated Cable Market Revenue Share, by Type (2019 and 2027)
Figure 18. Power Cables: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Heating Cables: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Mineral Insulated Cable Market Revenue Share, by Cladding (2019 and 2027)
Figure 21. Copper: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Stainless Steel: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Others: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Mineral Insulated Cable Market Revenue Share, by End User (2019 and 2027)
Figure 25. Energy and Power: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Oil and Gas: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Construction: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Pharmaceuticals:Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Others:Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Mineral Insulated Cable Market Revenue Share, by Region (2019 and 2027)
Figure 31. North America: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 32. North America: Mineral Insulated Cable Market Revenue Share, by Type (2019 and 2027)
Figure 33. North America: Mineral Insulated Cable Market Revenue Share, by Cladding (2019 and 2027)
Figure 34. North America: Mineral Insulated Cable Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 35. North America: Mineral Insulated Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 36. US: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 37. Canada: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 38. Mexico: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 39. Europe: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 40. Europe: Mineral Insulated Cable Market Revenue Share, by Type (2019 and 2027)
Figure 41. Europe: Mineral Insulated Cable Market Revenue Share, by Cladding (2019 and 2027)
Figure 42. Europe: Mineral Insulated Cable Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 43. Europe: Mineral Insulated Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 44. Germany: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 45. France: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 46. Italy: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 47. UK: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 48. Russia: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 49. Rest of Europe: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 50. APAC: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 51. APAC: Mineral Insulated Cable Market Revenue Share, by Type (2019 and 2027)
Figure 52. APAC: Mineral Insulated Cable Market Revenue Share, by Cladding (2019 and 2027)
Figure 53. APAC: Mineral Insulated Cable Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 54. APAC: Mineral Insulated Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 55. China: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 56. India: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 57. Japan: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 58. South Korea: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 59. Australia: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 60. Rest of APAC: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 61. MEA: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 62. MEA: Mineral Insulated Cable Market Revenue Share, by Type (2019 and 2027)
Figure 63. MEA: Mineral Insulated Cable Market Revenue Share, by Cladding (2019 and 2027)
Figure 64. MEA: Mineral Insulated Cable Market Revenue Share, by End-User Industry (2019 and 2027)
Figure 65. MEA: Mineral Insulated Cable Market Revenue Share, by Key Country (2019 and 2027)
Figure 66. South Africa: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 67. Saudi Arabia: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 68. UAE: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 69. Rest of MEA: Mineral Insulated Cable Market – Revenue and Forecast To 2027 (US$ Million)
Figure 70. SAM: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. SAM: Mineral Insulated Cable Market Breakdown, by Type, (2019 and 2027)
Figure 72. SAM: Mineral Insulated Cable Market Breakdown, by Cladding, (2019 and 2027)
Figure 73. SAM: Mineral Insulated Cable Market Breakdown, by End-User Industry, (2019 and 2027)
Figure 74. SAM: Mineral Insulated Cable Market Breakdown, by Country, (2019 and 2027)
Figure 75. Brazil: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 76. Argentina: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 77. Rest of SAM: Mineral Insulated Cable Market – Revenue and Forecast to 2027 (US$ Million)
Figure 78. Impact of COVID-19 Pandemic in North American Country Markets
Figure 79. Impact of COVID-19 Pandemic In Europe Country Markets
Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
The List of Companies - Mineral Insulated Cable Market
- BARTEC Top Holding GmbH
- Raychem RPG Pvt Limited
- Briskheat Corporation
- eltherm GmbH
- Emerson Electric Co
- THERMOCOAX GROUP
- THERMOCOAX GROUP
- MI Cable Technologies Inc.
- Trasor Corp.
- ZheJiang Taisuo Technology Company, Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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