Traveling Cables Market: Overview
Traveling cables can be defined as cables capable of
withstanding mechanical and tensile stresses such as bending, torsion, and
abrasion during operations. They are heavy duty power and control cables used
in civil construction and industrial machines. They are commonly used in
elevators. They are also employed for power transmission to the elevator car
and communication between the elevator car and the controller. The generally
accepted lifespan of these cables is 20 years or 3,000,000 flex cycles. Traveling
cables are available in a wide range of lengths, diameters,
colors, and weights, as per project requirements. Manufacturing companies can
also obtain certifications from bodies such as Underwriters Laboratories (UL),
Canadian Standards Association (CSA), Verband der Elektrotechnik (VDE), and TÜV
SÜD.
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Traveling Cables Market: Market Demand
Traveling cables are available in different types. The
primary types include flat and round. The decision to use flat or round
traveling cable depends upon several factors such as cost-effectiveness and
application. Flat cables have the tendency to form smaller loops compared to
round cables. Hence, flat cables are used where loop clearance is minimal. The
proper number of conductors can be achieved through a single round cable in a
cost-effective manner instead of employing multiple flat cables. Additionally,
round cables require smaller surface area. Traveling cables can be manufactured
according to special specifications such as shielded, flame retardant, and
capable of handling medium voltage. Taking into consideration environmental
concerns, ‘low smoke zero halogen (LSZH)’ traveling cables have also been
developed. Traveling cables are also available with different number of cores,
ranging from single core to four cores. The number of cores affect the
thickness of insulation of the traveling cable.
Traveling Cables Market: Key Segments
Traveling cables are used in a wide range of equipment such
as elevators, hoisting equipment, gantry crane, tunneling machines, and
submersible pumps. The basic purpose of using traveling cable in these
equipment essentially remains the same, i.e. to help move parts for different
purposes in different directions as per requirement. Traveling cables can be
used in various types of locations ranging from residential and commercial
buildings, ports, underwater, to infrastructure construction. Traveling cables
can be used in various ways. For instance, these cables can be used as
horizontal reeling, vertical reeling, free-hanging, bucket drop, and coil.
Traveling Cables Market: Regional Outlook
In terms of region, the global traveling cables market can
be segmented into North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. Historical markets for traveling cables have been
North America and Europe. These regions have a large number of high-rise
buildings, which generate high demand for traveling cables for elevators.
Furthermore, the construction process of these buildings and other
infrastructure has boosted the demand for traveling cables. In terms of demand,
the construction industry is also anticipated to account for major share of the
traveling cables market in Asia Pacific, Latin America, and Middle East &
Africa.
Traveling Cables Market: Key Players
The global traveling cables market consists of many local
and regional companies that have limited reach and product portfolio. Key
players operating in the market include Sumitomo Electric, Siemens, ST Cable,
and MKS Kablo.
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