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Latin America Copper Cable Market by key players, 2023: Belden Inc., Commscope, General Cable Technologies Corporation, Hitachi, ltd., Nexans, Induscabos Electricos, Prysmian group, Leviton Manufacturing Co., Inc., Siemon, and Panduit.

02-21-2019 09:27 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Latin America Copper Cable Market

Latin America Copper Cable Market

North America dominates this market presently, followed by Europe. However, Asia-Pacific is expected to have a highest CAGR throughout the forecast period. Factors such as growth in demand for data, improved cable technology, and easy installation & connection drives the Latin America copper cable market for LAN application. However, negative impact of Internet of Things (IoT) hampers the growth of the market.

According to a recent report published by Allied Market Research, titled, Latin America copper cable market for LAN application by Type, and Application: Opportunity Analysis and Industry Forecast, 2017-2023, the Latin America copper cable market for LAN application was valued at $87.74 million in 2016, and is projected to reach at $203.35 million by 2023, growing at a CAGR of 12.55% from 2017 to 2023.

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Rest of Latin America (Except Brazil, Argentina, and Mexico) is expected to lead the Latin America copper cable market for LAN application throughout the forecast period, followed by Brazil. Argentina is expected to grow at highest CAGR during the forecast period.

In 2016, the CAT 6 cable dominates the Latin America copper cable market for LAN application in type segment, in terms of revenue. Furthermore, based on application, industrial applications led the Latin America market followed, by commercial in 2016. However, residential application segment is expected to depict highest CAGR throughout the forecast period.

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Key Findings of the Latin America Copper Cable Market:

CAT 6 cable type generated the highest revenue of the Latin America copper cable market for LAN application in 2016.
In 2016, the industrial application generated the highest revenue among the Latin America copper cable market for LAN application in application segment.
Argentina is anticipated to exhibit a highest CAGR during the forecast period.
In 2016, Rest of Latin America (Except Brazil, Argentina, and Mexico) contributed the highest market shares in the Latin America copper cable market for LAN application followed by North America.

The key players profiled in the report include Belden Inc., Commscope, General Cable Technologies Corporation, Hitachi, ltd., Nexans, Induscabos Electricos, Prysmian group, Leviton Manufacturing Co., Inc., Siemon, and Panduit.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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