Round Flexible Cable Market Trends and Forecast
The future of the global round flexible cable market looks promising with opportunities in the robotic system, automobile, electronics appliances, and energy & utilities markets. The global round flexible cable market is expected to grow with a CAGR of 5.3% from 2025 to 2031. The major drivers for this market are the rising demand for automation and robotics, the growing adoption of renewable energy systems, and the increasing urbanization and smart infrastructure development.
• Lucintel forecasts that, within the type category, bundled/braided cable is expected to witness higher growth over the forecast period due to the increasing resistance to wear and tear.
• Within the application category, energy & utilities is expected to witness the highest growth due to the rising power consumption.
• In terms of region, APAC is expected to witness the highest growth over the forecast period due to the rising industrial automation.
Emerging Trends in the Round Flexible Cable Market
Many new trends are emerging that innovators are continuously adapting to, transforming the shape of the myriad industries that the round flexible cable market touches. With the continuous growth of different industries, the need for flexible cables in modern systems and products becomes key. These are the five major trends we expect to have a significant effect on the market, shaping both demand and selling strategies.
• Heightened Need for Electric Vehicles: The most important development in the adoption of electric vehicles, which is one of the most important features of the phenomenon of the flexible cable market. EVs require specialized power and signal cables for power distribution, infrastructure charging, and data management activities. Instead, flexible cables are ideal for these applications considering their ability to withstand vibration and their incorporation in restrictive spaces. It is evident that as a larger number of consumers and producers switch to EVs, the round high-performance flexible cable industryÄX%$%Xs demand will increase on unprecedented scales, which will shape innovations in cable design and material technology.
• Integration with Renewable Energy Systems: Flexible cables are becoming more significant in the integration of renewable energy systems, primarily in the solar and wind energy development projects. These cables are used in the interconnection of solar panels, wind turbines, and energy storage devices for reliable and safe energy transfer. As the world transitions towards green energy, the demand for easily manufacturable and tough cables supporting these systems will rise, which in turn will enhance the advancement of these cables for extreme environmental conditions.
• Enhancements in 5G Infrastructure: The demand for flexible round cables has increased exponentially with the adoption of 5G infrastructure. These cables are essential for the efficient and reliable transfer of data in the telecom environment. Flexible cables are crucial for the effective implementation of 5G technology due to the high frequency and compact nature of the requirements. The growth of 5G technologies will also increase the demand for such advanced networks, thereby increasing the demand for high-quality flexible cables.
• Miniaturization of Electronics Technology: With the rise in functionality and the increase in the size of electronic devices, the need for flexible and smaller cables has grown as well. Smartphones, wearables, and even medical devices need dependable power and data transfer through small cables. This phenomenon is driving the round flexible cable manufacturers to produce more efficient cables and adjust to the miniaturization trends. More advanced devices mean there will be more round flexible cables needed to fulfill those requirements.
• Requirement for High-Temperature Resistance Cables: The rapid adoption of flexibility cables in the industry and automotive sectors has increased the demand for some cables that can withstand extreme temperatures. High-temperature resistant cables are essential in the automotive, aerospace, and industrial machinery sectors where cables are always undergoing extreme thermal stress. This is furthering the development of new concepts and methods of insulation for round flexible cables that can endure high temperatures of such environments without loss of performance.
In the round flexible cable market, these changes create disruption, as there are innovations developed to address different specialized requirements that are more demanding and complicated. It is critical to these industries that the level of technological advancements keeps rising as these cables become increasingly more flexible and reliable. The persistence and advancement of these changes will most likely change market trends and encourage the creation of the next generation of flexible cables.
Recent Development in the Round Flexible Cable Market
Key developments that mark the evolution of the round flexible cable market are myriad in number. Some of them are listed below. Also, the changes taking place within the industry include better technological innovations, high-performance cables for various verticals, and, finally, sustainable and efficient systems ready for markets. These five listed developments depict the revolutionary transformations in the market.
• Increase in Adoption Rate of Electric Vehicles: Growth of the round flexible cable market is being changed the most by the electric vehicle industry. There is a growing demand for specialized flexible cables that support power, data, and charging in vehicles as electric vehicles become mainstream. The durability of these new generation cables must be lightweight, able to work under high temperatures, withstand vibrations, and be mechanically robust. Due to the favorable conditions such as affordable prices for materials and improvement of production technologies, efficient round flexible cables will be the industry standard. All of these factors will result in further innovations in cable design and materials.
• Expansion of 5G Networks: The 5G network is processing new developments across the world, creating significant demand for high-quality round flexible cables that are useful for the operation and infrastructure of 5G. These cables are used in telecommunication applications as and when 5G is rolled out. Moreover, the release of 5G will help 5G Modular Structured Cables make significant gains within the Round Flexible Cable market, especially within the demanding telecom market. Therefore, the global collection of data, increasing the popularity of 5G technology, will only increase the services that are sharper than average regarding networks. Higher speed cables will become the norm as services grow.
• Increased Focus on Renewable Energy: This development affects the round flexible cable marketÄX%$%Xs growth, especially along the wind and solar power sectors. New forms of energy creation require smooth and tough cable integration and transmission, therefore, an increase in investments and willingness to use flexible round satellite cables will be beneficial for a clean future. As industries and governments increasingly invest in new clean energy sources, round tri axial flexible satellite cables will deliver undemurring raw materials in a flexible and rough environment alongside a dependable and rigorous response. This change is coupling the insulation and cable materials as well as the types of technologies used to create them.
• Innovations in Automation and Robotics: There is an increasing popularity of automation processes and robotics in healthcare and manufacturing industries. These industries greatly depend on flexible round cables for interfacing and powering the automated systems and machines. With the rise in demand for robots and automated systems, there’s more need for flexible cables that can constantly power and transfer data. This trend is compelling manufacturers to design more complex cables capable of functioning in increasingly advanced and challenging environments.
• Growth in Demand for Flexible Round Cables in Consumer Electronics: With the emergence of new advanced devices, the demand for high-performance round flexible consumer electronics cables has grown significantly. With the increase in smartphones, wearables, and smart home devices, these products need flexible cables that can accommodate size restrictions while managing power and data transmissions simultaneously. There is more innovation and research being done on these newly emerging and expanding markets for flexible round cables because of the growing consumer electronics industry, which further amplifies the opportunities for round flexible cables.
Recent innovations are highly impacting the demand within the round flexible cable market, hence, the need for flexible, highly durable, and high-performance cables is growing. As industries expand and new technologies are introduced, the demand for round flexible cables is anticipated to increase due to continual innovation and improvement to cater to modern day needs.
Strategic Growth Opportunities in the Round Flexible Cable Market
The round flexible cable market possesses several opportunities that can be exploited for expansion across various applications. They stem from new technological developments, increased market demand, and the growth of industries that utilize flexible cables for power or data communication. The next five suggestions are prime examples of how this market is expected to grow.
• Electric Vehicle Industry: The shift to electric vehicles (EVs) is a fantastic opportunity for the round flexible cable market. EVs need specialized cables for power distribution, charging, data transfer, etc. As the number of electric vehicles increases, so will the demand for high-performance round flexible cables. The manufacturers that can successfully create lightweight and strong cables that satisfy the needs of EVs will be able to capture a significant portion of the market.
• Telecommunications and 5G Expansion: The emergence of 5G networks represents new opportunities for the round flexible cables market. Great performance cables are needed for high-frequency data transmission and reliable connection. As 5G is adopted more by telco providers, so too will the demand for flexible cables that can meet the growing needs. Those companies that are capable of providing such solutions for 5g applications will benefit from the increase in the adoption of this technology.
• Renewable Energy Sector: The proliferation of the use of cables around structures that require power and data transmission through rough environmental conditions, wireless for-in renewable energy sources, which include wind power and solar energy, is creating new growth opportunities for round flexible cables.
• Robotics and Automation: As governments and companies transition more investments toward clean energy. It is expected that the demand for flexible cables around the installations of restamps will grow, creating new market opportunities for manufacturers.
• Creative Electronics Revolution: Gadgets and electronics like smartphones, wearables, and home automation have become a necessity in today’s world. Their steady advancement fuels the creation of flexible cables that are small and even more efficient. These devices and their networks require specialized performance cables that do not trade size or flexibility. The expansion of the consumer electronics market gives great potential for manufacturers to provide flexible cables with innovative solutions to match modern devices.
The rising demand for advanced flexible round cables in growing sectors such as Electric Vehicles, Telecom, Renewable energy, Robotics, and Consumer electronics depicts great potential for these industries. All emerging trends point towards innovation that smart manufacturers can and will take advantage of. These strategies illustrate the varied and wide range of benefits provided by flexible round cables spanning different industries.
Round Flexible Cable Market Driver and Challenges
The round flexible cable market attends to its hurdles and successes from a multitude of drivers. These hurdles stem from technological, economic, and regulatory aspects. Complex interactions of these phenomena can potentially aid or inhibit the market’s growth, and therefore, companies competing within this market have to steer clear and navigate through these shifts very closely. There are some notable ones, and each of them will be elucidated in the sections that follow.
The factors responsible for driving the round flexible cable market include:
1. Adoption of New Electric Vehicles: The market for EVs strongly contributes to growth in the demand for all electric vehicles, especially in the Round Flexible Cable industry. Their popularity has increased rapidly, which naturally increases the need for electric appliances that serve the vehicle. Considering the demand for EVs, it is safe to say that the cadence of using flexible cables will steadily increase, as these cables satisfy the higher power requirement in the vehicle’s energy network along with the operational reliability and performance of the vehicle throughout its life cycle.
2. Growing Implementation of 5G Technology: The growth of EVsÄX%$%X popularity leads to a respective increase in the energy appliances for electric vehicles, subsequently contributing to the Round Flexible Cable market. As these routers and base stations are relatively fresh inventions, there was not much demand for them before. But as the era of flexible cables arrived, so did the Round Flexible Cables within the backbone of the telecommunication industry.
3. Shift Toward Renewable Energy: The global shift towards renewable sources of energy like solar and wind is driving the development of the round flexible cable market. These countries need a robust cable that is flexible and can withstand harsh environmental conditions. As flexible cable investment increases along with renewable energy investments, the two will follow each other in growth.
4. Demand for High-Performance Cables: The improvement of various industries and innovation of new technologies have shifted the requirements for cables. The requirements include high performance for modern systems along with maintained durability and flexibility with enhanced performance. Companies that are capable of constructing more advanced round flexible cables will continue to reap the benefits of this market.
Challenges in the round flexible cable market are:
1. Price of sources: The price of flexible cables’ round copper and metal sources is a major problem that manufacturers face. Commodity prices can shift, and this can have a bearing on the production cost and profit. Companies will need effective plans in addition to optimized supply chains to deal with the price volatility issue.
2. Legal Obligations: Compliance with safety, environmental, and performance regulations is challenging due to the overwhelming requirements of different regulations and standards. It takes financial investment and a lot of effort to achieve compliance through constant testing and quality control. Because regulations keep evolving, it makes things more difficult for companies entering or expanding in the market.
3. Existing Players and Market Overcrowding: More and more competitors are joining the flexible round cable market, which is boasting more suppliers than ever had. This leads to fierce competition that causes a decrease in prices and profits, inadequate expansion margins, and a high need for improvement. Distinction by quality, performance, and customer relations is essential in maintaining competition.
The factors and issues of the round flexible cable market are connected in some ways and will continue to shape the industry’s path. The need for flexible cables with high-performance specifications is growing in several industries like electric vehicles, telecommunications, renewable energy, and consumer electronics. Yet along with these opportunities, manufacturers face obstacles in raw material pricing, legal regulations, and overall marketplace competition. If companies adapt to these changes, they can be successful in the ever-changing landscape of the round flexible cable market.
List of Round Flexible Cable Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies round flexible cable companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the round flexible cable companies profiled in this report include-
• Dyden
• Galaxy Wire&Cable
• LAPP
• TE Connectivity
• Prysmian Group
• Nexans
• LS Cable
• NKT
• Southwire
• TPC Wire & Cable
Round Flexible Cable Market by Segment
The study includes a forecast for the global round flexible cable market by type, application, and region.
Round Flexible Cable Market by Type [Value from 2019 to 2031]:
• Stranded Cable
• Bundled/Braided Cable
Round Flexible Cable Market by Application [Value from 2019 to 2031]:
• Robotic System
• Automobile
• Electronics Appliances
• Energy & Utilities
• Others
Round Flexible Cable Market by Region [Value from 2019 to 2031]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Round Flexible Cable Market
In recent years, the round flexible cable market has grown immensely due to technological growth and the need for high-performance cables in various industries. It covers regions like the United States, China, Germany, India, Japan, and more, which have unique developments that influence the state of the market. The evolution of the automotive, telecommunications, and consumer electronics industries has greatly increased the demand for reliable, durable, and flexible cables.
• United States: The widened reach of the automotive and telecommunications sectors greatly influenced the round flexible cable market in the US. As the adoption of electric vehicles (EVs) surges, there is an increasing demand for light and strong cables to suit the power and data transfer needs of the car. Besides, the telecommunications industry is taking strides to improve the speed and reliability of connections. Hence, there is a growing need for high-performance round flexible cables. These cables serve as a major component in meeting the standards of the safety and performance benchmarks set by both industries, especially with the implementation of 5G networks.
• China: Dominance in the round flexible cable market stems from a strong manufacturing base in China and increasing smart technology adoption. Inflexible cables are needed for the country’s infrastructure investments in the modernization of the electric grid and high-speed rail expansion. Furthermore, China’s emerging consumer electronics industry is increasingly dependent on flexible cables for smartphones, wearables, and other home appliances. Government initiatives to boost industrial development of the country stimulate the usage of high-quality round flexible cables.
• Germany: The German demand for round flexible cables is driven by its industrial sector, especially the automotive and machinery industries. The country is a manufacturing powerhouse, and this has led to a growing adoption of flexible cables for the seamless functioning of machines and systems in automotive assembly lines. The ongoing push towards Industry 4.0, which emphasizes automation and data exchange in manufacturing processes, has increased this further. Moreover, Germany’s shift towards renewable energy has also resulted in the increased adoption of round flexible cables in wind and solar power systems to help connect and safeguard critical infrastructure.
• India: The market for round flexible cables in India is witnessing growth because of increasing urbanization, expansion in the automobile industry, and adoption of new era energy sources. With a large and growing population, there is a surging demand for electricity and consumer electronics, which increases the need for high-quality round flexible cables. As the adoption of electric vehicles becomes more widespread in India, the demand for dependable and efficient power cables also increases. There is also considerable focus on renewable energy sources such as solar power in India, which will also fuel the growth of this market as the systems require strong cable solutions.
• Japan: The market for round flexible cables in Japan is growing thanks to the country’s focus on advanced technology and its well-known electronics industry. The automotive and robotics industries are the main consumers of round flexible cables owing to the increasing automation and self-driving cars. Japan also invests heavily in smart grid infrastructure, where round flexible cables are critical to the network. Japan’s aging infrastructure is yet another reason for the replacement of old cables with flexible and more dependable options, especially in the power and telecom industries.
Features of the Global Round Flexible Cable Market
Market Size Estimates: Round flexible cable market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Round flexible cable market size by type, application, and region in terms of value ($B).
Regional Analysis: Round flexible cable market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the round flexible cable market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the round flexible cable market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for round flexible cable market?
Answer: The global round flexible cable market is expected to grow with a CAGR of 5.3% from 2025 to 2031.
Q2. What are the major drivers influencing the growth of the round flexible cable market?
Answer: The major drivers for this market are the rising demand for automation and robotics, the growing adoption of renewable energy systems, and the increasing urbanization and smart infrastructure development.
Q3. What are the major segments for round flexible cable market?
Answer: The future of the round flexible cable market looks promising with opportunities in the robotic system, automobile, electronics appliances, and energy & utilities markets.
Q4. Who are the key round flexible cable market companies?
Answer: Some of the key round flexible cable companies are as follows:
• Dyden
• Galaxy Wire&Cable
• LAPP
• TE Connectivity
• Prysmian Group
• Nexans
• LS Cable
• NKT
• Southwire
• TPC Wire & Cable
Q5. Which round flexible cable market segment will be the largest in future?
Answer: Lucintel forecasts that, within the type category, bundled/braided cable is expected to witness higher growth over the forecast period due to the increasing resistance to wear and tear.
Q6. In round flexible cable market, which region is expected to be the largest in next 5 years?
Answer: In terms of region, APAC is expected to witness the highest growth over the forecast period due to the rising industrial automation.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the round flexible cable market by type (stranded cable and bundled/braided cable), application (robotic system, automobile, electronics appliances, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Round Flexible Cable Market, Round Flexible Cable Market Size, Round Flexible Cable Market Growth, Round Flexible Cable Market Analysis, Round Flexible Cable Market Report, Round Flexible Cable Market Share, Round Flexible Cable Market Trends, Round Flexible Cable Market Forecast, Round Flexible Cable Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.