The global Mining Cable market size is projected to reach USD 11.66 billion by 2029

Published Date: Tuesday,09 Apr,2024

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biaoQian Mining Cable

Mining cable is a generic term that describes cable used for distributing power to equipment in mining tunnels, large shovels and drills.

 Mining Cable

Source: GlobalInfoResearch, “Global Mining Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”

According to the new market research report “Global Mining Cable Market Report 2023-2029”, published by GlobalInfoResearch, the global Mining Cable market size is projected to reach USD 11.66 billion by 2029, at a CAGR of 4.7% during the forecast period.

  • Global Mining Cable MarketSize(US$ Million), 2018-2029

 Mining Cable Market Size

Source: GlobalInfoResearch, “Global Mining Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

  • Global Mining Cable Top20Players Ranking and Market Share(Based on data of 2021, Continually updated

 Mining Cable Top 20 Players Ranking and Market Share

Source: GlobalInfoResearch, “Global Mining Cable Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of Mining Cable include Prysmian, Nexans, Jiangsu Shangshang Cable, Baosheng, Gold Cup, Shanghai Qifan Cable, Southwire, Jiangnan Group, Taiyang, Zhejiang Wanma, etc. In 2021, the global top 10 players had a share approximately 35.0% in terms of revenue.

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