Cable Assembly Market Quantitative Analysis By TE Connectivity, Molex, LLC, W. L. Gore & Associates, Inc., DC Electronics, Epec, LLC., PSC Electronics, AFCI, Smiths Interconnect & Others
The cable assembly report aids in achieving an extreme sense of evolving industry movements before the competitors. This market research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. It becomes easy to analyse the actions of key players and its effect on the sales, import, export, revenue and CAGR values with this cable assembly report. The report is also a helpful source of assistance and direction for companies and individuals interested in the industry. This report endows with the statistics on the market status of global and regional manufacturers.Global cable assembly market is expected to rise to an estimated value of USD 210.8 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the increased popularity of fiber optics.
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Competitive Analysis:
Global cable assembly market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cable assembly market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global cable assembly market are TE Connectivity, Molex, LLC, W. L. Gore & Associates, Inc., DC Electronics, Epec, LLC., PSC Electronics, AFCI, Smiths Interconnect Inc., Minnesota Wire Company, Fischer Connectors SA, Times Microwave Systems, Carrio Cabling, Walker Component Group, Inc., Carlisle Interconnect Technologies, Cable Manufacturing & Assembly Co., Samtec, TPC Wire & Cable Corp., TMB, 3M among others.
Key Developments in the Market:
In July 2019, Amphenol Corporation introduced BoardLock Family which is a combination of 180° straight or 90° right angle pin-oriented, flanged or flangeless, wire-to-board versatility with the excellent reliability of the A Series eco-friendly thermoplastic connection system with a maximum current rating up to 25A. It will help the company to increase the customer base and share in the market
In July 2019, Amphenol Corporation made a partnership with SV Microwave which will offer a variety of millimetre wave (mmWave) and SMPx coaxial connectors and cable assemblies for robotic and automation development and production. This partnership will help the company to increase its presence in the market
Market Drivers:
Increasing adoption of EVs in China and increased focus toward the adoption of EVs by the Indian government is driving the market
Increase in the usage of automobile applications is helping to boost the market growth
Rising demand for high bandwidth communication is increasing the use of fiber optics which further help to boost the market growth
Invention of high speed cable assemblies also propel the market growth
Market Restraints:
Limited application is hindering the market growth
High cost as compared to wire harnessing is restricting the growth of the market
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Segmentation: Global Cable Assembly Market
By Product
Application-Specific
Rectangular
RF
Circular
Fiber Optics
Other Products
By Application
Automotive
Consumer Electronics
Telecom and Datacom
Industrial
Aerospace and Defense
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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