Armored Cable Market has been valued at USD 38830 million in the year 2021 and it is estimated to reach USD 60010 million by the year 2027, with a CAGR of 5.73% from 2022 to 2027. Armored Cable is a cable with a metal protective covering. Armored cable assemblies are suitable for lashed aerial applications where corrugated steel tape protects the fiber optic cable from rodents and provides additional stiffness for aerial lashing; these are the main factors that have considerably increased the demand for the Armored Cable in the market, thereby driving the huge growth of the Armored Cable market in the upcoming years

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the Armored Cable in the market are mainly they are made of different materials with insulating material mounted in a metal casing, is processed into a solid combination of flexible cables, the cable is better than ordinary compressive strength, corrosion resistance, and other properties. Because of the unique properties of armored cable, most of the armored cables are used in the medium voltage range, 600V-36kV, for power distribution these are the main factors that have considerably increased the demand for the Armored Cable in the market, thereby driving the huge growth of the Armored Cable market in the upcoming years

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The report is segmented as follows:

Armored Cable Market is segmented on the basis of:

By Armor Type (Interlocked and Continuously Corrugated Welded),

By Core Type (Single Core and Multi-Core),

By End User (Construction, Gas and Oil, Manufacturing, Mining, Communication, and Others)

Geographical Segmentation:

Armored Cable Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, and the rest of the world. North America has the dominant share in the Armored Cable due to the Rise in the disposal income and rapid urbanization these are the main factors that have considerably increased the demand for Armored Cable in North America, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa will register a slower increase in the Armored Cable Market

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Impact of COVID-19 on the Market

Covid-19 has hugely affected the Armored Cable market growth. The COVID-19 pandemic continues to radically trade that amplify of variety of industries; however, the immediate effect of the outbreak is varied. While some industries will register a visit demand, several others will proceed to remain unscathed and showcase promising increased opportunities. COVID-19 will have an occasional effect on the Armored Cable market.

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