Automotive control cables are used for mechanical movement control in different systems. These cables are designed to transmit signals effectively and efficiently. They are mainly made of stainless steel strands.

Global automotive control cable market is projected to rise at a CAGR of 3.7% between 2014 and 2021. It is expected to reach US$ 2.1 Bn by the end of 2022. This is due to the growing demand from automobile sector.

The automotive control cable market is highly fragmented. There are many international players and regional players operating in this industry. Moreover, the companies are focusing on developing advanced technology and product enhancements to enhance their competitive strength.

In addition, there are numerous opportunities for expansion in the global automotive control cable market. For instance, the rising demand for anti-lock braking systems is expected to boost the sales of clutch cables. Similarly, the rising demand for electric vehicles is also driving the sales of automotive control cables.

Moreover, the increasing number of road accidents and automotive malfunction incidence is resulting in the increasing demand for auto control cables. Furthermore, the governments of several countries are making the introduction of anti-lock braking systems in new vehicles mandatory.

As a result, there is an increasing demand for quality automobiles. This has led to a large increase in the sale of passenger cars. Likewise, the rising disposable income has also increased the automobile sales.

The automotive control cable market is primarily driven by the growing sales of compact cars. These are known for their low cost.