INSTRUMENTATION CABLE MARKET Size and trends

Instrumentation Cable Market Size and Trends

The Global Instrumentation Cable Market is expected to be valued at USD 9.09 billion in 2025 and reach USD 15.88 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.3% from 2025 to 2032.

Key Takeaways of the Global Instrumentation Cable Market:

• The unarmored cable segment is expected to lead the market with a share of 54.2% in 2025.
• The power transmission segment is projected to dominate, holding 34.7% of the market share in 2025.
• Asia Pacific is expected to lead the market, holding a share of 41.6% in 2025. North America is anticipated to be the fastest-growing region, with a market share of 25.3% in 2025.

Market Overview:

The global instrumentation cable market is expected to witness positive growth trend over the forecast period. The growing oil and gas industry along with rising investments in process industry infrastructure will drive the demand for instrumentation cables. Proper monitoring of industrial processes requires a robust cabling infrastructure, thereby supplementing the market growth. Furthermore, the increasing usage of intelligent instruments for remote operation and analytics in industries is expected to fuel the need for high quality instrumentation cables. Various government initiatives for smart city developments along with increasing energy demands will also contribute to the market revenues. However, availability of cheap alternatives may hinder the market growth to some extent over the coming years.