These cables are made using high tensile strength materials and are insulated from dust, moisture & other elements to resist rusting & corrosion. These cables are highly durable and can be easily replaced if needed.
They are widely used in automobiles and scooters. Moreover, they are always required in Mechanics and Service stations.
The market for this product is expected to witness robust growth during the forecast period. The rising demand for compact vehicles in emerging economies is a primary driver of the global automotive control cable market.
Increasing government initiatives and regulations to improve the safety of the vehicle are also fueling the demand for automotive control cable. These mandates have prompted automobile manufacturers to up-grade their automotive components by incorporating innovative systems.
The automotive control cable market is expected to reach US$ 2.4 Bn by 2021. The demand for these cables is expected to increase owing to their superior performance and low maintenance requirements. The market is projected to expand at a CAGR of 3.7% during the forecast period.
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