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According to the new GIR (Global Information Research), the global CIS cable (Contact Image Sensor) market demand is expected to grow at a CAGR of about 2.
3% over the next five years, with its market size growing from $730 million in 2017 to $840 million
in 2023.
In the future, the global cable industry will turn to decentralization, and the world cable consumer market will still have a certain growth
.
Competition in the CIS market is likely to shift to a relationship
between competition and cooperation.
The report believes that with the development of the economy, cables have huge market potential in the future, and industry will become the largest application market
for CIS cables.
From the perspective of manufacturers, Prysmian (including the acquired General Cable), Nexans, Actet, Lapp Group, Heflex Cable, Austria's Gebauer & Griller, etc.
will become the world's leading CIS cable manufacturers
.
According to the new GIR (Global Information Research), the global CIS cable (Contact Image Sensor) market demand is expected to grow at a CAGR of about 2.
3% over the next five years, with its market size growing from $730 million in 2017 to $840 million
in 2023.
In the future, the global cable industry will turn to decentralization, and the world cable consumer market will still have a certain growth
.
Competition in the CIS market is likely to shift to a relationship
between competition and cooperation.
The report believes that with the development of the economy, cables have huge market potential in the future, and industry will become the largest application market
for CIS cables.
From the perspective of manufacturers, Prysmian (including the acquired General Cable), Nexans, Actet, Lapp Group, Heflex Cable, Austria's Gebauer & Griller, etc.
will become the world's leading CIS cable manufacturers
.
