Key Highlights

• Cable markers are designed to withstand harsh weather conditions and high temperatures so the labels' prints do not fade. For this reason, cables used in the manufacturing and automotive industry are labelled with this label to prevent damage and to easily identify different cables during the work process. Cable label companies print labels for stainless steel or aluminium labels by printing on the label. Stainless steel and aluminium labels last longer and provide a competitive advantage than paper or plastic labels. However, due to their low cost, plastic ferrules and other plastic-coated, paper-wrapped cables are frequently used in the market. The automation industry is growing at a significant rate due to the use of automation in industries and cities. Automation uses many devices connected by wires or cables, such as switchgear, relays, HVAC systems, human machine interfaces (HMI), and IT systems. These cables can be as small as 0.5 mm² to 35 mm². Tracking the exact wire connection in an automation system is a challenging task for any skilled professional. Thus, the use of a cable tag has become an important component in the cable management process. Moreover, recently, data centres are growing drastically. With the rise in cloud computing, social media, big data, online gaming, and other online applications, there is a constant need for enhanced IT infrastructure that caters to the ever-increasing demand for resources; a factor that further supplements the demand for hyper scale data centres.

• The market size of the worldwide Electronic Cable Markers Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• In August 2017, TE Connectivity acquired Hirschmann Automotive Communications, a provider of antennas, aerials and radio transmitters to the automotive and automotive industries. This acquisition expands TE Connectivity's product portfolio and integrated, high-quality solutions for connectivity and mobility worldwide. Hirschmann Automotive Communications' strong R&D and engineering capabilities in electronics and software development enable the company to strengthen its global leadership in automotive information and connectivity.

• The ever-increasing expansion and complexity of today's electronic systems across industries has led to increased demand for electronic signals. As technology continues to evolve, connectivity and connectivity continue to grow. Electronic drawing plays an important role in this field and provides a better and improved way to mark and identify cables, wires and equipment. This need arises from the need for efficient power line management that allows easy monitoring, maintenance and troubleshooting in complex power systems. Accuracy and reliability are important in industries such as telecommunications, manufacturing, energy and IT; electronic drawings help prevent errors and check that each cable is identified and fixed correctly. Compliance with industry standards and regulations continues to drive the use of line marking solutions. The combination of emphasis on efficiency, security and compliance has increased the demand for electronic signage, making them an essential part of the development process and reliability of complex electronic systems.

Scope of the Industry Profile

Key Players

• Panduit Corporation (US)

• HellermannTyton (UK)

• Brady Corporation (US)

• TE Connectivity Ltd. (Switzerland)

• Legrand (France)

• Partex Marking Systems (India)

• CCL Industries Inc. (Canada)

• Phoenix Contact GmbH & Co. KG (Germany)

• Thomas & Betts Corporation (US)

• 3M (US)

Segmentation

By Marker Type 

• Wrap-Around Markers

• Clip-On Markers

• Heat-Shrink Markers

• Adhesive Markers

By Material Type

• Plastic Markers

• Stainless Steel Markers

• Nylon Markers

• Other Materials

By Printing Technology

• Thermal Transfer Printing

• Inkjet Printing

• Laser Printing

• Other Technologies

By Industry

• Oil & Gas

• Manufacturing

• IT & Telecommunication

• Construction

• Energy & Utilities

• Data centers

• Other Industries

What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Electronic Cable Markers market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Electronic Cable Markers market.

3. Leading company profiles reveal details of key Electronic Cable Markers market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Electronic Cable Markers market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• In August 2017, TE Connectivity acquired Hirschmann Automotive Communications, a provider of antennas, aerials and radio transmitters to the automotive and automotive industries. This acquisition expands TE Connectivity's product portfolio and integrated, high-quality solutions for connectivity and mobility worldwide. Hirschmann Automotive Communications' strong R&D and engineering capabilities in electronics and software development enable the company to strengthen its global leadership in automotive information and connectivity.

Segment Insights

By Material Type 

The increasing demand for electronic electronic signage is driven by many factors to meet the changing needs of today's industry. First, the versatility of plastic cable markings makes them suitable for many applications in different industries, including telecommunications, manufacturing and automotive. The light weight of plastic signs ensures that they do not add extra weight to the cables, making them ideal for many businesses where weight is a concern. In addition, plastic signs offer the best solutions that do not compromise on durability, making them attractive for businesses looking for efficiency and cost savings. Their ease of customization and the ability to create icons in a variety of colors and sizes further increases their popularity. As the market for cable management increases to improve security, compatibility and ease of use, the demand for electronic cable management products continues to grow, providing solutions and cost-effectiveness in the evolving landscape of modern electronic systems.

By Industry

The demand for electronic cable markers in the oil and gas industry is driven by the sector's unique and challenging operational environment. In the oil and gas sector, where extensive and intricate electrical systems are employed for exploration, extraction, and refining processes, the need for precise cable identification is paramount. Electronic cable markers play a crucial role in enhancing safety, minimizing downtime, and facilitating efficient maintenance and troubleshooting within the harsh conditions of oil and gas facilities. These markers ensure that cables are accurately labeled, enabling quick and accurate identification during routine inspections or urgent repairs. Moreover, the markers help adhere to stringent industry regulations and safety standards, which are critical in hazardous environments. As the oil and gas industry continually invests in technologies to optimize operations and ensure compliance, the demand for reliable and durable electronic cable markers remains high, contributing to the overall efficiency and safety of electrical systems in this demanding sector.

Regional Insights

China is one of the main players in the world cable label market due to investments in industrial automation and increasing domestic manufacturing output. The need to track the connections of electrical cables in automation increases the need for cable paper. According to data from the National Bureau of Statistics, China's gross domestic product increased by 6.1% in 2018, while retail goods sales are expected to increase by 10.4% and the growth is expected to continue. These factors are still the main drivers of automation in the country. India's manufacturing industry is one of the fastest growing economies, growing at 7.9% compared to the same period last year. Make in India Association aims to make India equally attractive to domestic and foreign businesses and bring international recognition to Indian businesses. The size of the Indian manufacturing industry is expected to reach US$ 1 trillion by the end of 2020. Japan has become an automated economy and the advancement of Industry 4.0 is accelerating. The country has become a manufacturing hub for automation products and supplies these products to other markets in the Asia-Pacific region. The Olympics to be held in Japan in 2020 have accelerated public and private sector investments in the field of construction. Although the government supports the economy by focusing on infrastructure, it is expected to accelerate the growth of the construction sector. This is also expected to impact the cable market as cable adoption is critical for infrastructure.