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Railway & Metro Cables Market Size and Growth
The Railway & Metro Cables market exhibits robust growth driven by infrastructure investments and urbanization. The market size is projected to reach approximately $5 billion by 2025, reflecting a CAGR of around 6%. Key trends include technological advancements and a shift towards sustainable materials, enhancing safety and efficiency in rail networks.
Companies Covered
(Covid 19 Impact Covered)
◍ Eland Cables
◍ Tratos
◍ Nexans
◍ Prysmian Group
◍ Caledonian Cables
◍ Tecnikabel
◍ IMCAVI
◍ ACOME
The Railway & Metro Cables Market is competitive, with companies like Eland Cables, Tratos, and Prysmian Group leveraging innovations to enhance efficiency and safety. These firms provide specialized cables, driving market growth through quality products and tailored solutions.
Key revenue figures include:
- Prysmian Group: €12 billion
- Nexans: €6.5 billion
- Tratos: €50 million
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