Structured Cabling Market Forecast, Geographic segmentation Key Finding, COVID – 19 Analysis, Business Trends, Global Segments by Forecast 2027
Market Scenario:
As per the Market Research Future (MRFR) analysis,
the global Structured Cabling Market Forecast is
expected to achieve a valuation of USD 17,181.2 million, with 10.0% CAGR from
2016 to 2022 (forecast period).
The report offers a review of current developments
in the global structured cabling market. In addition, the report addresses the
effect of the novel COVID-19 pandemic on the global structured cabling market.
The global market is driven by demand for power over Ethernet for high
bandwidth speeds and limitations on rising temperature levels. Expansion of
retail, automotive, and logistics sectors is likely to fuel market growth over
the forecast period. High internet speeds and increasing use of coaxial and
fiber cables can induce demand in the market. This is supported by modern
mobile and desktop applications requiring fast data transmission. Investments
in communication infrastructure and establishment of data centers can
facilitate market growth.
The COVID-19 pandemic has united structured cabling providers in
assisting healthcare workers in connecting with patients. Clients of structured
cabling systems are being catered owing to digital transformation of various
systems as well as requirement of stable connectivity owing to restriction
movement orders for many personnel. But the supply chain of cables has been
negatively impacted by the pandemic.
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Belden
Incorporated, Paige Electric, Panduit, Legrand SA, Teknon Corporation, Siemon,
CommScope Inc., Brand-rex, TE Connectivity, Schneider Electric SE, Hitachi
Cable America, Inc., ABB Ltd., Superior Essex, Corning, Inc., and Nexans S.A.
are prominent players of the global structured cabling market.
Segmentation:
By wire category, the structured cabling market is
segmented into category 5e, category 6, category 6a, category 7, and others.
The category 6 type of wires can dominate the market and generate revenues at
10.77% CAGR over the assessment period. This is attributed to high performance
and backward compatibility with former cables such as Cat 5a and Cat 3.
By application, it is divided into specialty LAN
and WAN. The latter can account for the largest share of the structured cabling
market.
By product type, it is segmented into co-axial,
copper, and fiber. The copper wire is pegged to dominate the global market till
the end of the forecast period. This is attributed to use of cables for short
and medium distance transmission. Its preference among desktops and datacenters
can be lucrative for the segment. Copper wires can exhibit 10.24% CAGR over the
assessment period.
By industry, the market caters to industrial, BFSI,
commercial, automotive, IT & telecommunication, and others. The IT &
telecommunication industry is set to drive maximum revenue for structured
cabling market owing to large number of telecommunication providers, spectrum
licenses for various bandwidths, and a large number of subscribers. The sector
can exhibit a CAGR of 11.07% over the assessment period. Latest networking
standards such as 5G and high transmission speeds can facilitate sector growth.
Regional Analysis:
North
America is projected to hold the largest market share till the end of the
forecast period. This is attributed to development of smart homes, demand for
IP-based video surveillance systems, and penetration of internet of things
(IoT). Supply chain disruptions and disagreements with foreign trade policies
can hurt regional market growth.
Industry News:
The Hexatronic Group has acquired
nearly 90% shares of Qubix, an Italian supplier of structured cabling systems.
It can strengthen its position in Europe and expand its reach by supplying
ducts, fiber optic cables, and connectivity systems.
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Table of Contents:
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope of the
Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
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List of Tables
TABLE
1 Global Structured Cabling Market, By WIRE CATEGORY, 2020-2027, (USD Million)
TABLE
2 Global Structured Cabling Market, By APPLICATION, 2020-2027, (USD Million)
TABLE
3 Global Structured Cabling Market, By PRODUCT TYPE, 2020-2027, (USD Million)
Continued…
List of Figures
FIGURE
1 Global Structured Cabling Market: Drivers & Restraints
FIGURE
2 Global Structured Cabling: Supply Chain
FIGURE
3 Global Structured Cabling Market: Porter’s Five Forces Analysis
Continued…
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