Press release
Structured Cabling Market Trends, Demand and Key Players - CommScope, TE Connectivity, Schneider Electric, Corning Incorporated, Panduit and ABB
Global structured cabling market is expected to reach $10.68 billion by 2023. The rising number of data centers and the ever-increasing demand for technologies such as Wi-Fi, cloud computing, and IoT are pushing the need for standardized cabling solutions, such as structured cabling. Besides, the increasing need to cut down operational costs is fueling the demand for power-efficient cabling solutions.Request for a free sample copy of this research report @ https://www.psmarketresearch.com/market-analysis/structured-cabling-market/report-sample
Based on product type, the structured cabling market is categorized into copper cable, fiber cable, copper components, and fiber components. Of these, copper cable was the largest revenue contributor to the market in 2017. Copper cables commonly used in structured cabling include unshielded twisted pair (UTP), shielded twisted pair (STP), and foil-screened twisted pair (FTP). During the forecast period, the market for fiber cable and components is expected to grow at a faster pace, as compared to that for their copper counterparts. Growing demand for increased bandwidth, low attenuation, high security, and reliable networks is expected to drive the demand for fiber cable and components for structured cabling systems in the coming years.
Developing countries of Asia-Pacific (APAC), Latin America, and Africa are creating ample growth opportunities for the players in the structured cabling market. The increasing number of data centers and the growing demand for high-speed internet networks have been spurring the market growth in these regions. Hence, countries such as China, India, and Brazil are expected to play a pivotal role in the growth of the global structured cabling market in the coming years.
Some of the key players in the structured cabling market are CommScope, Corning Inc., Panduit Corp., ABB Ltd., Schneider Electric, Nexans, Belden and Furukawa Electric.
Explore report description @ https://www.psmarketresearch.com/market-analysis/structured-cabling-market
Global Structured Cabling Market Segmentation
By Product Type
• Copper Cable
o Shielded Twisted Pair (STP)
o Foil-Screened Twisted Pair (FTP)
o Unshielded Twisted Pair (UTP)
• Fiber Cable
o Multi-Mode (MM) Fiber
o Single-Mode (SM) Fiber
• Copper Components
o Copper Outlets
o Copper Patch Panel Ports
o Copper Patch Cords
• Fiber Components
o Fiber Patch Panel Ports
o Fiber Outlets
o Fiber Patch Cords
By End Use
• Telecommunications
• Commercial
• Government
• Industrial
• Others (Include Residential, Education and Defense)
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