INSTRUMENTATION CABLE MARKET Size and trends

Instrumentation Cable Market Size and Trends

The global instrumentation cable market is estimated to be valued at USD 9.01 Bn in 2025 and is expected to reach USD 15.64 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.2% from 2025 to 2032.

Key Takeaways of the Global Instrumentation Cable Market:             

• The PLTC & PLTC-ER cable segment is expected to lead the market, holding an estimated share of 27.4% in 2025.
• Based on shield type, the braid segment is projected to dominate with a share of 39.8% in 2025.
• North America is expected to be the leading regional market with a share of 32.40% in 2024, while Asia Pacific, holding a share of 26.3% in 2025, is projected to be the fastest-growing region during the forecast period.

Market Overview:

The growing demand for instrumentation cables is fueled by the increasing adoption of industrial automation, smart manufacturing, and high-speed data transmission technologies. The market is witnessing strong growth due to rising investments in oil & gas, power generation, and renewable energy projects, where instrumentation cables play a critical role in monitoring and control applications. Additionally, strict safety regulations and advancements in cable shielding technologies are enhancing product innovation and driving further market expansion.