Military Cables Market
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Is the Expected CAGR for the Military Cables Market Through 2025?
In the past few years, the military cables market has shown a consistent rise in size. It’s projected to see an increase from $24.77 billion in 2024 to $25.32 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 2.2%. This growth during the historical period can be credited to factors like communication systems, defense modernization, escalating data transfer, challenging environmental conditions, and wiring for military aircraft.
What’s the Projected Size of the Global Military Cables Market by 2029?
Expected to experience consistent growth over the next few years, the military cables market is projected to increase to $30.57 billion in 2029, experiencing a compound annual growth rate (CAGR) of 4.8%. The enhancement during this forecast timeframe is linked to several factors, including naval and marine applications, cybersecurity, drones and unmanned systems, aerospace and satellite connectivity, and energy efficiency. Key trends shaping this forecast period include the advent of 5g connectivity, the protection provided by electromagnetic interference (EMI) shielding, vehicle electrification, the use of robotic systems, and advancements in quantum communication.
View the full report here:
https://www.thebusinessresearchcompany.com/report/military-cables-global-market-report
Top Growth Drivers in the Military Cables Industry: What’s Accelerating the Market?
The augmentation in defense budget is anticipated to spur the expansion of the military cables market. Military cable assemblies, and wire harnesses, conforming to MIL-SPEC benchmarks, are engineered and constructed. The exacting standards for building these components include military-approved wire, cable, connectors, terminations, and other components. Defense expenditure can be perceived as a result of various factors, viewed under the lens of current economic and political constraints. These determinants generally fall into four categories: security-related, technological, economic and industrial, and a wider political scope. For instance, a report from the Stockholm International Peace Research Institute, a research firm based in Sweden, in April 2023 noted a 3.7 percent real-term rise in worldwide military expenditure in 2022, peaking at a record $2,240 billion. Significantly, the defense outlay in Europe noted a considerable growth of 13 percent over the year. The United States, contributing 39 percent, and China, contributing 13 percent of global military expenditure in 2022, maintained their positions as the top two spenders. Followed by Russia at 3.9 percent, India at 3.6 percent, and Saudi Arabia at 3.3 percent, all together accounting for 63 percent of the entire global military expenditure for that year. As such, an uptick in military expenditure is expected to fuel the demand, thereby stimulating the growth of the military cables market in the forecast period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7167&type=smp
What Trends Will Shape the Military Cables Market Through 2029 and Beyond?
Product Innovation is becoming an increasingly popular trend in the military cables market. Many leading businesses in this sector are concentrating on creating new technology solutions to meet consumer demand and reinforce their stance in the military cables market. For example, in June 2024, a US connector firm called Samtec introduced a product named the Nitrowave cable. The Nitrowave by Samtec is a sophisticated cable technology that provides better phase and amplitude stability along with an enhanced long-term flexural stability. They accomplished this enhanced stability by incorporating an interlayer, which guarantees a more accurate and dependable performance over the cable’s lifespan. These cables are aimed for utilization in the defense, aerospace, data communications, computer/semiconductor, and instrumentation sectors.
What Are the Main Segments in the Military Cables Market?
The military cables market covered in this report is segmented –
1) By Product: Coaxial, Ribbon, Twisted Pair
2) By Conductor Material: Stainless Steel Alloys, Aluminum Alloys, Copper Alloys, Others Conductor Materials
3) By Platform: Ground, Airborne, Marine
4) By Application: Communication Systems, Navigation Systems, Military Ground Equipment, Weapon Systems, Other Applications
Subsegments:
1) By Coaxial: Flexible Coaxial Cables, Semi-Rigid Coaxial Cables, Tactical Coaxial Cables
2) By Ribbon: Flat Ribbon Cables, Round Ribbon Cables
3) By Twisted Pair: Shielded Twisted Pair (STP) Cables, Unshielded Twisted Pair (UTP) Cables, Tactical Twisted Pair Cables
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7167&type=smp
Which Top Companies are Driving Growth in the Military Cables Market?
Major companies operating in the military cables market include Carlisle Interconnect Technologies Ltd., Raytheon Technologies Corp., Prysmian Group SPA, Nexans S.A, Sumitomo Electric Industries Ltd., Amphenol Corporation, TE Connectivity Ltd., General Cable Technologies Corporation, Radiall India Pvt. Ltd., Axon Cable Inc., W. L. Gore & Associates Inc., Leviton Manufacturing Co. Inc., A.E. PETSCHE Company Inc., Apar Industries Ltd., Collins Aerospace Ltd., Ensign-Bickford Aerospace & Defense Company, Galaxy Wire & Cable Inc., Gem Cable Conductors Ltd., Jiuzhou Wire & Cable Co. Ltd., Miracle Electronics Devices Pvt. Ltd., PIC Wire & Cable Co., Radiant Cables Pvt. Ltd., Belden Inc., Cicoil Corporation, Cooner Wire Company, Delphi Technologies Plc, Epec Engineered Technologies Corp., Habia Cable AB, Harbour Industries LLC, Hitachi Metals Ltd.
Which Regions Will Dominate the Military Cables Market Through 2029?
Western Europe was the largest region in the military cables market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the military cables market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7167
This Report Supports:
1. Business Leaders & Investors – To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers – To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators – To track industry developments and align regulatory frameworks.
4. Consultants & Analysts – To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
