Structured Cabling Market Scope:
The global market for structured cabling is expected to touch the valuation of USD 17,181.2 million by 2022, reveals Market Research Future (MRFR). The market could attain a healthy CAGR of 10.0% during the forecast period (2016-2022).
Hike in the adoption rate of intelligent technologies to make use of scalable and modular IT infrastructure in various business operations benefits the structured cabling market. A number of legacy facilities face issues when it comes to managing the order along with accessing the cabling infrastructure. This augments the demand for cable management products and solutions that can be easily installed and also provide simple and modular designs. Therefore, manufacturers are striving to satisfy these customer demands by offering advanced cable management solutions.
The fast-paced adoption of digital services coupled with the rising number of internet users, could boost data center demand, which is expected to favor the Structured Cabling Market. Cabling systems provide effective connectivity of IT devices and faster data transfer speeds, which reduces the chances of system failure and downtime. It helps elevate effectiveness in the decision-making process, thereby expanding business profits. Besides, mounting demand for high-speed connectivity of data center convergence is working in favor of the market.
Adoption of fiber optic as well as coaxial cables for high-speed internet connectivity is rising in the industry. Structured cables, compared to metal cables, have a higher bandwidth which enables vast amounts of information to be transmitted per unit of time. These advantages augment product demand, thereby driving market growth.
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Structured Cabling Market Major Key Players:
The top players competing in the worldwide structured cabling market are Superior Essex (Georgia), Panduit (U.S), Legrand SA (France), Nexans S.A. (France), CommScope Inc. (U.S.), Belden Incorporated (U.S), Hitachi Cable America, Inc. (U.K.), Schneider Electric SE (France), ABB Ltd. (Switzerland), Corning, Inc. (U.S.), Siemon (U.S), Paige Electric (U.S), Brand-rex (Scotland), Teknon Corporation (U.S.), TE Connectivity (Switzerland), among others.
Structured Cabling Market Segmentation:
The global structured cabling market analysis is split into wire category, application, product type, and industry.
- The wire category consists of category 5e, category 6, category 6a, category 7 and others. Category 6 is believed to be the dominant segment in the market, having touched the valuation of USD 5,137.17 million in 2016. The segment is expected to attain a CAGR of 10.77% during the given timeframe.
- Application-wise segments are specialty LAN and WAN. WAN controls the largest share in the market and is expected to grow at the rate of 11.13% CAGR during the appraisal period.
- The market, depending on the product type, includes segmented copper, co-axil, and fiber. Copper wire is the leading segment. Its value in 2016 was USD 7,587.09 and can achieve a CAGR of 10.24% in the near future.
- The industry segments are BFSI, IT & Telecommunication, industrial, commercial, automotive and others. IT & Telecommunication is at the top spot in the market and was estimated at USD 2,524.8 million in 2016. It could have a striking growth at the rate of 11.07% during the review period.
Structured Cabling Market Regional Insight:
The structured cabling industry has been studied in the key regions of Asia Pacific (APAC), Europe, North America and the Rest of the World (RoW).
North America is at the top spot in the worldwide structured cabling market, in terms of share and revenue. The region is doing excellent business, given the high penetration of Internet of Things and surge in the number of IoT and cloud related technology.
Europe is reckoned to be one of the strongest contenders in the global structured cabling market.
With the immense hike in demand for fast and advanced communication, communication networks are now at the nexus of infrastructure services. This factor is expected to induce colossal growth of the market within the region during the review period.
APAC countries like India, Japan, and China are the most lucrative markets for structured cabling. The regional market is expected to expand at the highest rate in the years to come, thanks to the rising awareness among individuals along with development of technology hubs. Also, rapid modernization of cabling systems, adoption of innovative technologies that provide high-speed data, video signals and distribution of voice throughout small commercial buildings could elevate the market position. The region is witnessing high adoption of such innovative solutions due to the surge in the incorporation of smart technologies.
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 Table
Table 1 Global Structured Cabling, By Wire Category, 2016-2022, (Usd Million)
Table 2 Global Structured Cabling, By Application, 2016-2022, (Usd Million)
Table 3 Global Structured Cabling, By Product Type, 2016-2022, (Usd Million)
Table 4 Global Structured Cabling, By Industry, 2016-2022, (Usd Million)
Table 5 Global Structured Cabling, By Region, 2016-2022, (Usd Million)
List of Figure
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
Figure 4 Global Structured Cabling Market, By Wire Category, 2016-2022, (Usd Million)
Figure 5 Global Structured Cabling Market, By Application, 2016-2022, (Usd Million)
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