Europe Mechanical Control Cables Market Size & Outlook
The mechanical control cables market in Europe is expected to reach a projected revenue of US$ 4,731.1 million by 2030. A compound annual growth rate of 7.1% is expected of Europe mechanical control cables market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,935.5
Forecast, 2030 (US$M)
$4,731.1
CAGR, 2024 - 2030
7.1%
Report Coverage
Europe
Europe mechanical control cables market, 2018-2030 (US$M)
Europe mechanical control cables market highlights
- The Europe mechanical control cables market generated a revenue of USD 2,935.5 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, push-pull was the largest revenue generating type in 2023.
- Push-pull is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 2,935.5 million |
| Market revenue in 2030 | USD 4,731.1 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Push-pull |
| Fastest growing segment | Push-pull |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Push-pull |
| Key market players worldwide | Crane Co, Triumph Group Inc, Curtiss-Wright Corp, TE Connectivity Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.2% of the global mechanical control cables market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,149.2 million by 2030.
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Mechanical Control Cables Market Scope
Mechanical control cables market segmentation & scope
Platform
Aerial
Land
Marine
Material
Wire Material
Jacket Material
Application
Engine Control
Flight Control
Auxiliary Control
Landing Gears
Brake Control
Others
End Use
Commercial
Defence
Non-aero Military
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait
Mechanical Control Cables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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