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Mechanical Control Cables Market is Forecasted to Reach US$ 18.4 Billion By 2033

mechanical-control-cables-forecast-2023-2033

By the end of 2033, it is expected that the market for mechanical control cables will be worth US$18.4 billion, growing at a CAGR of 6.5%. The mechanism of push or pull action is the foundation for mechanical control cables. Depending on the type of motion they carry out, these cables are categorised as push-pull or pull-pull.

Progression in the manufacture of military and defence aircraft is anticipated to promote product sales growth as mechanical control cables are used to connect aviation equipment. The electronics sector is one of the biggest robotics industry subsectors globally. The need for mechanical control cables is anticipated to increase quickly as more sophisticated robotic devices require mechanical control systems.

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Mechanical control cables are used for upgrading and maintenance tasks by a number of manufacturers of military and defence equipment because they are appropriate for a variety of military and defence applications and meet a number of criteria.

The market for mechanical control cables is expected to be dominated by Asia Pacific since there are so many cable manufacturers in China, Vietnam, India, and other nations. North America has a substantial potential market for mechanical control cables for the military and aerospace. North America is seen as an important market for mechanical control cables due to the region’s predominate focus on enhancing military infrastructure, such as through the procurement of armoured vehicles for the army and navy.

Key Takeaways from Market Study

  • In 2023, the market for mechanical control cables will be worth $9.8 billion USD.
  • During the projection period, it is expected that the Chinese market will grow at a CAGR of 8.5%.
  • Push-pull control cable sales are anticipated to grow at a CAGR of 7%.
  • Pull-pull control cable demand is anticipated to grow between 2023 and 2033 at a CAGR of 6%.

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Why are Aerial Platforms Experiencing High Demand for Mechanical Control Cables?

The mechanical control cables are divided into aerial, land, and marine categories based on platform. During the anticipated period, there will be a sharp increase in demand for aerial mechanical cables.

This may be a result of both an increase in domestic air travel as a result of cheaper flight tickets and a growing demand for wide-body aircraft with large passenger capacity and low maintenance costs. The increased R&D efforts being made by aircraft OEMs and distribution network partners to create aircraft with higher performance parameters coupled with cutting-edge navigation systems and flight control technologies are also anticipated to have a significant impact on the market for mechanical cable controls.

Key Companies Profiled

  • Crane Aerospace & Electronics
  • Elliott Manufacturing Company Inc
  • Kuster Holding GmbH
  • AeroControlex Group
  • Avdel (India) Pvt. Ltd.
  • Excel Controlinkage Pvt Ltd.
  • Control Cable, Inc.
  • Dayton Clutch & Joint, Inc.
  • Cablecraft Motion Controls
  • Cable-Tec Cables & Controls LTD
  • Aero Assemblies
  • Bergen Cable Technology
  • Grand Rapids Controls, LLC.
  • Carl Stahl Sava Industries, Inc.

Insights of Key Market Players

One of the top suppliers of essential parts and systems to the aerospace, defense, and space markets is Crane Aerospace & Electronics. Fluid handling, aerospace & electronics, and engineered components, and payment & merchandising technologies, are some of the four business segments through which it operates.

Via its aerospace & electronics division, the business provides fluid management, landing systems, sensing & utility systems, cabin systems, power solutions, and microwave solutions. Additionally, it provides mechanical control wires for seating layouts that are FAA flammability standard certified.

Mechanical Control Cables Industry Research Segmentation

By Type:

  • Push-pull Control Cables
  • Pull-pull Control Cables

By Material:

  • Wire
  • Jacket

By Platform:

  • Aerial
  • Land
  • Marine

By End Use:

  • Commercial
  • Defense
  • Non-aero Military

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

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