Persistence Market Research, an international market research firm, recently released a 2017-2025 global flexible cable market research report, which shows that by 2025, the APEJ will lead the global flexible cable market.
Most of the flexible cable is the demand for electrical wiring, with the growth of the real estate business will increase the demand for wire and cable. In addition, the growth of the automotive industry and consumer electronics has also accelerated the development of flexible cables. Because in the automotive and electronic product structure, the flexible cable to connect the various cable points.
The regional markets for flexible cables include seven regions in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan, the Middle East and Africa (MEA). China, South Korea, India is experiencing experience reform, to achieve industrialization, the demand for flexible cable is also very large.
In addition to the 21st century, automotive, consumer electronics and IT products are APEJ national hub, which also contributed to the development of flexible power cables. North America is also a major market for flexible power cables. Developed data centers, the automotive industry and the IT industry have contributed to the demand of flexible cables.
Western Europe is a region where flexible wire and cable are growing because the automotive industry and the region's renewable energy are in healthy development.
Japan in the flexible power cable market leading Eastern Europe, high-end electronics and automotive development to promote the growth of flexible cables.
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