Press release
Global Structured Cabling Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2026 || Key Players - ABB Ltd., The Cabling Company Group, Belden Inc., CommScope, Corning Inc.
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Structured Cabling Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Structured Cabling. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.The global structured cabling market has been segmented based on solution, end-user, and region. Based on solution, the market has been divided into hardware (copper cable, fiber optic cable, and enclosure), software, and services (installation, consulting, and maintenance & support). In terms of end-user the market has been classified into commercial & residential, IT & telecommunication, government, industrial, and others (including mining and education).
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Secondary research sources that are typically referred to for the study include, but are not limited to: company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each segment and sub-segment of the market across geographies. Primary interviews are conducted on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market value, market trends, competition landscape, and market outlook. These help validate and strengthen secondary research findings. They also help develop the analysis team’s expertise and market understanding.
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IT & telecommunication is expected to continue to be the leading segment of the global structured cabling market during the forecast period, due to growing need to facilitate rapid communication and optimized energy consumption. The segment is projected to expand at the maximum CAGR of 7.3% during the forecast period. Recently, different enterprises have taken initiatives to expand and modernize their communication infrastructure. The industrial end-user segment is expected to expand at a significant CAGR throughout the forecast period, due to increasing penetration of portable computing devices and rising dependency on cloud applications.
In terms of revenue, North America accounted for the leading share of the global market in 2017, due to concentration of major manufacturers and growth of the IT & telecom industry in the region. Furthermore, the large number of wire and cable shipments to electric utilities in the region is boosting the structured cabling market in North America. The U.S. held a leading share of the North America market in 2017. The market in the country is estimated to expand at the maximum CAGR of 7.2% during the forecast period. Rapid growth of the logistics & transportation sector in several countries of Europe is fueling the market in the region. The market in Europe is likely to register a significant CAGR during the forecast period. Rest of Europe held a leading share of the structured cabling market in Europe in 2017.
Global Structured Cabling Market: Competition Scenario
ABB Ltd., The Cabling Company Group, Belden Inc., CommScope, Corning, Inc., Dätwyler Cabling Solutions AG, Legrand, Nexans, Schneider Electric SE, and TE Connectivity Ltd. are some of the major players operating in the global structured cabling market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other information pertaining to these players have been duly provided as a part of company profiling.
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