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New York, March 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Military Cables Market by Product, Platform, Application, Conductor Material, End User And Region – Forecast to 2026” – https://www.reportlinker.com/p06246590/?utm_source=GNW
The military cables market includes major players Prysmian Group (Italy), Nexans SA (France), Sumitomo Electric Industries Ltd (Japan), Collins Aerospace (US), and Carlisle Interconnect Technologies (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, and Rest of the World. COVID-19 has impacted their businesses as well.
The marine platform segment is estimated to lead the market during the forecast period, with a share of 92.6% in 2021. The segment is projected to grow with the highest CAGR of 3.5% in the forecast period. Marine platforms where military cables are installed include destroyers, frigates, corvettes, amphibious ships, patrol vessels, submarines, and aircraft carriers.
The military ground equipment segment is projected to witness the highest CAGR during the forecast period
Based on application, the military ground equipment segment is projected to be the highest CAGR rate for the military cables market during the forecast period. Increasing number of military ground equipment to gain tactical advantage will drive the segment in coming years.
The copper alloys segment is…
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