North America Ethernet Cable Market 2020 - 2030: Latest Product Launches and Experts Ideas from Belden Inc., Nexans, Anixter International Inc., General Cable Technologies, Alpha Wire, The Siemon, Schneider Electric SE, Siemens AG, Hitachi Ltd., and Prysm

The Ethernet cable market size is projected to reach $376 million by 2022 from $121 million in 2015, growing at a CAGR of 17.7% from 2016 to 2022. The U.S. dominated the North America Premise Cable market in 2015, accounting for a market share of over 71%.

Ethernet cable is defined as the network cable used to establish a network by connecting PCs, routers, switches, and others over a Local Area Network (LAN). These cables are used for data transmission over short and long distances through copper cables and fiber optic cables, thus, covering approximately a range of 100 meters to 2,000 meters. This market growth is supported by its unmatched benefits such as higher data transfer speed, increased reliability, and lower chances of interference from external factors.

Download Report Sample (Tables, Figures with Insights): https://www.alliedmarketresearch.com/request-sample/2061

Presently, higher installation costs and tough competition from wireless technologies act as major restraints for the market growth. However, these restraints are expected to lose their impact shortly, owing to rapid technological advancements and various benefits such as Power-Over-Ethernet (PoE) in the Ethernet cable market.

By subsystem segment, Ethernet cable types are covered under the scope of the report, where copper cables held the largest market share of 62% in 2015 and are estimated to grow at a CAGR of 15.2% during the forecast period. Fiber-optic Ethernet cables are gaining popularity due to the rise in demand for high-speed data transfer over long distances. Hence, it is expected to exhibit significant growth during the forecast period and attain a value of $175 million by 2022.

Schedule a Call with Our Analysts/Industry Experts To Find Solution For Your Business: https://www.alliedmarketresearch.com/connect-to-analyst/2061

Geographically, the North American Ethernet cable market is analyzed based on its geographical distribution across the U.S., Canada, and Mexico. The U.S. market acquires a dominant share amongst the mentioned countries and is expected to reach a value of $253 million by 2022, owing to the increase in demand for data storage and various government initiatives in oil & gas industries. Canada is also estimated to be the fastest growing region that will grow substantially at a CAGR of 20.1% during the forecast period because of the rapid increase in industrialization and high Internet penetration.

Key findings of the Ethernet Cable Market:
?Broadcast segment is expected to grow at the highest CAGR of 20.4% from 2016 to 2022.
?Copper Cables held the major market share of around 62% in 2015, while share of fiber-optic cables is expected to grow to 47% by 2022, owing to the increase in need of high speed networks.
?The U.S. accounted for the highest revenue, dominating the market in 2015, accounting 71.0% of total revenue.

Interested to Procure the Data? Enquire Here: https://www.alliedmarketresearch.com/purchase-enquiry/2061

The key players profiled in the report are Belden Inc., Nexans, Anixter International Inc., General Cable Technologies, Alpha Wire, The Siemon, Schneider Electric SE, Siemens AG, Hitachi Ltd., and Prysmian Group.

About Us

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.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.