US fire-resistant cable market is anticipated to grow at a CAGR of 5.6% during the forecast period. The stringent government regulations and higher penetration levels of advanced fire safety technology among both commercial and residential users are some of the major drivers enabling the growth of the market in the country. The country also has some of the best emergency response infrastructure, globally. Fire alarms and smoke detectors are mandated by several local and central authorities, which are directly connected to a national grid for the rapid detection of emergency situations.
Furthermore, according to the Centers for Disease Control and Prevention, every year at least 430 people die in the US from accidental carbon monoxide poisoning. This, in turn, is driving the installation of fire safety systems in their household, office, and hence impacting the fire-resistant cable market in the country.
The US fire-resistant cable market is segmented based on the insulation material and end-use industry. Based on the insulation material, the market is sub-segmented into EPR, LSZH, XLPE, and PVC. Among which PVC cables are anticipated to capture a significant share across the region owing to its high popularity. Further, based on the end-use industry, the market is sub-segmented into automotive and transportation, energy, manufacturing, building and construction, and others. Automotive & transportation also include marine, aviation, and railways. Energy includes renewable energy such as wind, solar, offshore; hydro, thermal & nuclear power plants, and oil & gas sectors. Building & construction include homes, commercial buildings, offices, and other public places. Others include the telecom sector.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered-
- By Insulation Material
- By End-Use Industry
- Competitive Landscape- Cleveland Cable Co. Ltd., NKT A/S, Tecnikabel S.p.A., Prysmian Group, Nexans, Leoni AG, and others
US Fire-Resistant Cable Market Segmentation
By Insulation Material
- EPR (Ethylene propylene rubber)
- LSZH (Low Smoke Zero Halogen)
- XLPE (Cross-Linked Polyethylene)
- PVC (Poly Vinyl Chloride)
By End-Use Industry
- Automotive and Transportation
- Energy
- Manufacturing
- Building and Construction
- Others
A full Report of European Fire-Resistant Cable Market is Available at: https://www.omrglobal.com/industry-reports/us-fire-resistant-cable-market
Company Profiles
- American Fire Wire
- Anixter, Inc.
- Axon’ Cable SAS
- Borealis AG
- FURUKAWA ELECTRIC CO., LTD
- Houston Wire & Cable Co.
- LEONI AG
- Prysmian Group
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