Middle East & Africa Flat Flexible Cables Market Size & Outlook
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MEA flat flexible cables market highlights
- The MEA flat flexible cables market generated a revenue of USD 59.4 million in 2022.
- The market is expected to grow at a CAGR of 11.9% from 2023 to 2030.
- In terms of segment, 50 to 100 micron was the largest revenue generating copper wire thickness in 2022.
- < 35 Micron is the most lucrative copper wire thickness segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 59.4 million |
| Market revenue in 2030 | USD 146.4 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | 50 to 100 micron |
| Fastest growing segment | < 35 Micron |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | < 35 Micron, 35 to 50 Micron, 50 to 100 Micron |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global flat flexible cables market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 146.4 million by 2030.
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Flat Flexible Cables Market Scope
Flat Flexible Cables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alysium-Tech | View profile | 11-50 | Nuremberg, Bayern, Germany, Europe | https://www.alysium.com |
| Auk | View profile | 1-10 | Oslo, Oslo, Norway, Europe | https://www.auk.eco |
| Global Connector Technology | View profile | 101-250 | Garden City, New York, United States, North America | https://gct.co/ |
| Axon' Cable | View profile | 501-1000 | Montmirail, Champagne-Ardenne, France, Europe | http://www.axon-cable.com/en |
| Nicomatic | View profile | 501-1000 | Bons, Rhone-Alpes, France, Europe | http://www.nicomatic.fr/ |
| Sumida | View profile | 5001-10000 | Obernzell, Bayern, Germany, Europe | http://www.sumida.com/ |
| Adam Technologies | View profile | - | Union, New Jersey, United States, North America | http://www.adam-tech.com/ |
| Würth Elektronik | View profile | 51-100 | Nurmijärvi, Southern Finland, Finland, Europe | https://www.wurthelektro.fi |
| Proterial Cable America | View profile | 51-100 | Manchester, New Hampshire, United States, North America | https://usa.proterial.com |
| Glaukos Corporation | View profile | - | - | - |
| Quadrangle Products | View profile | 51-100 | Englishtown, New Jersey, United States, North America | https://www.quadrangleproducts.com |
| Samtec | View profile | 1001-5000 | New Albany, Indiana, United States, North America | http://www.samtec.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Johnson Electric Holdings Ltd | View profile | 35000 | 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong | https://www.johnsonelectric.com |
Middle East & Africa flat flexible cables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat flexible cables market will help companies and investors design strategic landscapes.
50 to 100 micron was the largest segment with a revenue share of 50.84% in 2022. Horizon Databook has segmented the Middle East & Africa flat flexible cables market based on < 35 micron, 35 to 50 micron, 50 to 100 micron covering the revenue growth of each sub-segment from 2018 to 2030.
The oil & gas industry of the Middle East & Africa is a significant contributor to its economy. Flat flexible cables are used in this industry in sensors, transmitters, transducers, etc. Moreover, as the countries in the Middle East are focusing on their industrialization and diversification of their economies to reduce their reliance on the oil & gas industry, it is expected to lead to the growth of the manufacturing, electronics, and automotive industries in the region.
The surging demand for electronic equipment used in these industries is anticipated to fuel the consumption of flat flexible cables in the region during the forecast period. Ongoing technological innovations in the electronics, medical, and automotive industries have significantly contributed to improvements in the standard of living of the masses in the economies of the Middle East & Africa.
The rising disposable income of the middle-class population has led to the surged demand for luxurious products such as mobiles, laptops, and other electronic gadgets in the region. This, in turn, has fueled the consumption of flat flexible cables in the Middle East & Africa, thereby leading to the growth of the market in the region.
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Target buyers of Middle East & Africa flat flexible cables market databook
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Our clientele includes a mix of flat flexible cables market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa flat flexible cables market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flat flexible cables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Flat Flexible Cables Market Outlook Share, 2022 & 2030 (US$M)
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