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Coaxial Cable Market Outlook, Opportunities, Key Players, Growth, Competitive Landscape, Trends and End User (Cable Television Industry, Military and Aerospace, Internet Service Providers),Global Opportunity Analysis and Industry Forecast, 2021–2027

05-27-2021 02:11 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Coaxial Cable Market Outlook, Opportunities, Key Players,

Coaxial cables are used to transfer data and radio frequency over distribution network. Coaxial cable or coax is a type of cable that has an inner conductor covered by an insulating layer, which is surrounded by tabular conducting shield. This design helps the coaxial cable to provide protection to the signal being carried from external electromagnetic interference. Coaxial cable is majorly used in cable television industry, military and aerospace, telephone service providers and other industries. Due to its wide range of applications, there is a huge demand for coaxial cables in the market. The coaxial cable market is expected to grow at a promising CAGR during 2013 -2020.
There are certain factors that influence the market of coaxial cable such as low cost of installation, advancement in the IT and telecom sector and reliable data transfer. However, the intense market competition and rapid changes in technology act as the restraining factors for the growth of coaxial cable market. Coaxial cable is comparatively an old technology; however, many devices do still depend on it.

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Coaxial cable market by application is categorized into Internet data transfer, video distribution and radio frequency transfer. Data is transferred at high speed over internet using coaxial cables. This data transferred over internet includes applications, videos, audio, documents, etc. Many high speed fiber internet connections are also using coaxial technology. These coaxial cables are also widely used in television cable industry and do have wide application in radio frequency transfer. The absence of interference in coaxial cable is what makes it one of the most reliable choices for transmitting radio signals.
Coaxial Cable Market by End User
Based on end users, coaxial cable market is segmented into cable television industry, military and aerospace, internet service providers, telephone network operators and communication equipment manufacturers for automobile, marine and other industries. Based on its wide range of applications, coaxial cable has a strong market presence.

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Geography market for coaxial cable is segmented into North America, South America, Europe, Asia Pacific and ROW. North American market is expected to show a promising CAGR from 2017 to 2023. The reason for this growth is primarily the need for high speed internet as well as sharing and downloading of high definition videos. The above reasons raise the requirement for reliable and fast connectivity, which is provided by coaxial cables.
Competitive Analysis
The coaxial cable industry is very competitive due to the presence of large number of manufactures in the market. Some of the key players are Belden Inc, Allied Wire & Cable, General Cable Corporation, etc. These key market players are chiefly concentrating on development of technology, launching products with new variations, and mergers and acquisition to fight competition. Belden Inc. directly sells its products to television networks including ABC, CBS, FOX and NBC. The company also provides special cables for security applications such as video surveillance systems, motion detection, airport baggage screening, etc.

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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
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data presented in the reports published by us is extracted through primary interviews with top officials from leading
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discussion with knowledgeable professionals and analysts in the industry.

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