Press release
Data Center Structured Cabling Market 2019 Nexans, Teknon Corporation, ABB, Hitachi Cable America, Schneider Electric, Siemon, Panduit, Corning,Paige Electric, Brand-Rex
Market Highlights:
The data center structured cabling market is fast gaining grounds owing to the huge traction generated by centralized data management operations. Structured cabling systems included cables and supported hardware that distributes data, audio, and video signals using copper or fiber optic cables. Efficient handling of data is now of utmost importance, and it is getting aptly backed by data centers which are capable of storage and management of data. The centralization of the entire process leads to the effective dissemination of data.
With industries worldwide stepping into 4.0, telecommunication has emerged as one of the major decisive factors substantiating individual sector’s growth. Structured cabling, consists of a set of cables and connected hardware, sets the ground for the telecommunication by providing necessary infrastructure. Standardized copper cable and fiber optic cables are central components of structured cabling. By proliferating data centers, offices, apartment buildings, and others, the data center structured cabling market has created a network for itself depending on which it is now envisioning further growth. The global data center structured cabling market is expecting an impressive 11.4% CAGR during the forecast period (2018-2023). Market Research Future’s (MRFR) report predicts an almost doubling of the present market value from USD 1.58 billion to USD 2.97 billion by 2023.
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Major Key Players:
• Siemon (U.S.),
• Panduit Corp. (U.S.),
• TE Connectivity Ltd. (Switzerland),
• Superior Essex Inc. (U.S.),
• Nexans (France),
• Brand-Rex Ltd. (Scotland),
• CommScope Inc. (U.S.),
• Hitachi Cable America Inc. (U.S.),
• Corning, Inc. (U.S.),
• Belden Inc. (U.S.),
• Legrand S.A. (France),
• ABB Ltd. (Switzerland),
• Schneider Electric SE (France),
• NKT A/S (Denmark),
• Paige Electric Co., L.P. (U.S.),
• Teknon Corporation (U.S.).
According to MRFR, The global Data Center Structured Cabling Market is projected to exhibit a 11.4% CAGR from 2018 to 2023 (forecast period) owing to high bandwidth demand from hi-speed connectivity devices and systems.
Competitive Landscape
The growth of the market vendors is dependent on various market conditions and rapid industry developments. Thus, they focus on geographical expansion and improving their aftermarket services. The major companies competing in the market are ABB Ltd., Schneider Electric, TE Connectivity, Hitachi, Corning NY. The competition is based on Internet bandwidth, quality, application, efficiency, and aftermarket service.
ABB Ltd. held a market share of 20% in 2016. As a part of company development, ABB Ltd believes in driving growth through expansion of high-quality value-added solutions and services. In October 2016, ABB launched stage 3 of its next level strategy to unlock additional value for shareholders and customers.
Schneider Electric SE is another prominent player that held 18% market share in 2016. The company manufactures different types of cables such as coaxial cables, fiber optics, structured cabling system, and interface cables. Its structured cabling system comprises a wide range of products such as category 6 UTP, category 5e, category 6a, and others.
TE Connectivity held a 5% market share in 2016. The company produces a wide range of cables & wires, cable assemblies, and other products. In 2011, TE Connectivity (formerly Tyco Electronics) led the overall Indian structured cabling system (SCS) market in the first quarter with a market share of 32.2%.
Segmentation:
The global data center structured cabling market can be segmented by wire categories and type.
Based on wire categories, the data center structured cabling market can be segmented into category 5E, category 6, category 6A, category 7, and others. Category 6 has the largest market penetration with category 5E following the lead.
On the basis of type, the data center structured cabling market can be segmented into copper and fiber optic. The fiber optic segment can further be segmented into single-mode fiber optic and multi-mode fiber optic. Copper cables are more popular as it provides shielding against the electromagnetic interferences.
Regional Analysis:
Approaching the data center structured cabling market from regional point of view reveals North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
North America is leading the market with substantial market penetration. Increasing proliferation of cloud technology and reliance on IoT are giving the edge to the regional market. Furthermore, superior technology and apt infrastructure are backing up the regional market sufficiently.
Europe is assuming the second spot as its features are quite similar to that of North America. Cloud technology and IoT are driving the regional market ahead. At the same time, growing consumer needs is influencing the branching out of the data centers which can significantly boost the market.
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Intended Audience
• Raw Material & Equipment Suppliers
• Original Equipment Manufacturers (OEMs)
• System integrators
• Supplier of standard cabling devices
• Cable installation service providers
• Research Institutions & Organizations
• Market Research & Consulting Firms
List of Tables
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL DATA CENTER STRUCTURED CABLING MARKET, BY WIRE CATEGORY, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL DATA CENTER STRUCTURED CABLING MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL FIBER OPTIC, STRUCTURED CABLING MARKET, BY PRODUCT TYPE
TABLE 6 GLOBAL MULTIMODE FIBER OPTIC, STRUCTURED CABLING MARKET, BY TYPE
TABLE 7 GLOBAL DATA CENTER STRUCTURED CABLING MARKET, BY REGION, 2016-2023
Continued……
List of Figures
FIGURE 1 GLOBAL DATA CENTER STRUCTURED CABLING MARKET: MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS OF MRFR
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH
FIGURE 4 DROC ANALYSIS OF GLOBAL DATA CENTER STRUCTURED CABLING MARKET
FIGURE 5 VALUE CHAIN: GLOBAL DATA CENTER STRUCTURED CABLING MARKET
Continued……
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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