Press release
Networking Cable Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
The global networking cable market is anticipated to grow at a significant CAGR during the forecast period. The networking cables are utilized to provide a connection from one network device to another network device. This cable enables multiple computers, switches, routers, and storage area networks to connect and share various information and data within a LAN network. The types of networking cable that are widely used in communication systems include fiber optic cable, coaxial cable, and twisted pair cable.A full report of Networking Cable Market is available at: https://www.omrglobal.com/industry-reports/networking-cable-market
In various industrial verticals including IT and telecommunication, broadcast media, and others, the demand for power over industries (PoI) is increasing at a significant rate. This, in turn, is anticipated to drive the growth of the global networking cable market owing to providing a network connection in such industrial verticals. Additionally, the rising demand for higher bandwidth, low latency, secure, and high-speed networking technologies is further expected to surge the implementation of networking cables and drive the growth of this market during the forecast period.
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Furthermore, the key vendors present in the global networking cables market include Alpha Wire, Lapp Group, Belden, Allied Electronics, among others. These vendors adopt various strategies to sustenance the market growth and remain competitive in the market during the forecast period. The strategies include product launches, technological advancement, research & developments, partnership & collaboration, market expansion, and others. For instance, in December 2021, Phoenix Contact announced the launch of High-Flex Ethernet Cordset in its cabling portfolio. Phoenix Contact High-flex Ethernet Cordsets can be run next to power circuits and have Power over Ethernet (PoE) capability and offers increased longevity in demanding industrial and robotic applications. The cable features a 600V cable jacket voltage rating and a 24AWG wire size with efficient capability to provide up to 20 million lateral flex bend cycles and up to 4.8 million torsional flex cycles.
Market Coverage
The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered
Regions Covered- Globally
Competitive Landscape- Alpha Wire, Lapp Group, Belden, Allied Electronics, General Cable, LEMO USA, Radwell International, and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Networking Cable Market by Segment
By Networking Type
Fiber Optic Cable
Twisted Pair Cable
Coaxial Cable
By Downstream Field
Household
Commercial
Networking Cable Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Alpha Wire
Lapp Group
Belden
Allied Electronics
General Cable
LEMO USA
Radwell International
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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