Structured Cabling Market, Segment Research Study (MRFR) Report The Forecast Period 2027 Key Players Brand-rex, TE Connectivity, ABB Ltd., Superior Essex
Market Scenario:
The global Structured Cabling Market is expected to grow at a CAGR of 6.28% during the
forecast period which was recorded at 5.5% during the historic forecast period.
The Global Structured Cabling Market Value is expected to reach USD 17.2
Billion during the forecast period.
During the forecasted period, the Structured
Cabling market will continue to grow at a steady rate. The rise of Structured
Cabling will be fueled by technological advancements such as 5G technology. In
the future years, the rapid advancement of 5G technology will continue. This
could lead to the market's largest increase and development in CAGR. Other
reasons that contribute to the expansion of the industry include the emergence,
trends, and developments in data center and communication infrastructures. The
rise of the IT and telecommunications sectors widens the international market.
The Structured Cabling market study was projected
to rise during the Covid 19 epidemic. The demand for e-learning,
binge-watching, remote work, work from home, and other similar activities has
increased. As a result, the market has been gradually growing. The IT and
telecommunications industries also contributed to the growth of the industry.
Pandemics, on the other hand, had caused some decreases in the global market.
The supply of cable products was severely disrupted as a result of the Covid 19
events, resulting in a drop in the international market. Demand and supply were
not up to par with forecasts. However, it is expected that the global market
will return to its previous position.
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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.
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…
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