Aluminum Cable for Automotive Application Market

Aluminum cable is a wiring harness commonly found in the automotive industry. This wire is lightweight and has good thermal conductivity, making it ideal for applications involving high temperatures. Aluminum cable is also non-corrosive and resistant to wear and tear.

Because of rising automotive demand, the market for aluminum cable is expanding rapidly. This trend is expected to continue in the coming years, as many innovative new products are being developed in this field.
Alcoa Corporation is regarded as the market leader in the aluminum cable market due to its diverse product portfolio and geographical presence in North America, Europe, Asia Pacific, and South America. The company provides various products for automotive applications, such as wiring harnesses, power distribution networks, and airbags, such as welding cables, fastening cables, reinforcing straps, and shielding tapes.

The aluminum cable market is divided into three applications: automotive, telecommunications, and others. Due to the increased demand for lightweight and high-strength cables used in various automotive applications, such as fuel systems, power electronics, airbags, braking systems, and traction control, the automotive segment is expected to account for the largest share of the overall aluminum cable market. 

On the other hand, because of the increased demand for fiber-optic cables in wired and wireless networks, the telecommunications segment is expected to grow the fastest. In addition, other features, such as environmental protection, are expected to grow significantly in the coming years.

TE Connectivity Ltd., Sumitomo Electric Industries Ltd., Kao Corporation, Fujian Jinlong Cable Co., Ltd., Indian Rupee Technologies Private Limited, Jagiellonian Wire, Corsair Connectivity Solutions Pte Ltd., 3M Company, and Telesphere Technologies Incorporated are some of the key players in the aluminum cable market (TTI).