Press release
Flat Cable Assemblies Market Set to Witness an Uptick by 2025
Majorly, growth in automotive, telecom and datacom sector is directly driving the market of flat cable assemblies market globally. The key factor that lifts the market growth of flat cable assemblies worldwide is its flexible structure and custom made manufacturing property because of which flat cable assemblies fit into any electronic applications and therefore serve to the variety of end-use industries. Growing demand for internet and televisions is another factor which is raising flat cable assemblies market. Innovations adhere rigorously in the technological industry on a frequent basis; therefore there is an ever-growing need for electric cable assemblies. Hence, the flat cable assemblies industry is progressive in the future market.
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Although demand and necessity of flat cable assemblies in the market are seen significantly, the absence of global standard in manufacturing flat cable assemblies sometimes generates a gap between end use industry need and cable manufacturer offerings, this hinder flat cable assemblies market growth to a certain extent.
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Some of the key players of global Flat Cable Assemblies market include Bizlink Tech, TE Connectivity, Copartner, Molex, Datwyler, ITT Interconnect Solutions, Foxlink, Ideal Industries, Yazaki, Global Connector Technology, Amphenol, Glenair, and Foxconn. Other key players are: 3M Interconnect Solutions, Meritec , Alpha Wire, Axon Cable, Elsim Commerce Ltd., Yamaichi Electronics, GAC – General Assembly Corporation, Watteredge LLC, HEC Electronic GmbH, W.L. Gore & Associates, Inc., In TalTech Ltd, TE Connectivity, MCX, Inc., Nicomatic, Shine, and Midcon Cables Company.
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