As per the Market Research Future (MRFR) analysis, the global Structured Cabling Market 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.
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.
Asia Pacific (APAC), Europe, North America, and Rest-of-the-World (RoW) are major regions analyzed for measuring the growth of the global structured cabling market.
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.
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)
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
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