Global Structured Cabling market was valued US$ 8.29 Bn in 2017 and is expected to reach US$ 16.167 Bn by 2026, at a CAGR of 7.7% during a forecast period.
Structured Cabling is a system defined as the combination of set of cables & associated hardware used to provide comprehensive telecommunication infrastructure to various management systems, this telecommunication infrastructure enables the transmission of data, voice & video signal through a communication network from one system to another system. For the establishment of well-organized network connection, different types of connecting devices & cables for the connections, software’s & services for installation, maintenance monitoring & designing are required.
Based on solution, copper cable segment dominated the market in 2016 and trend to estimate to continue over the forecast period. Copper cables are usually use for short and medium distance transmission purposes. Due to technological advancements, copper cables are expected to gain preference among desktop connections and data centers and are anticipated to provide lucrative opportunities for the copper cable segment.
Based on end-user, IT & telecommunications segment is expected to have highest market share of global structured cabling market. The reason behind continue high market share of IT & telecommunication segment is higher demand of cabling structure service and its product from telecom providers and data centers.
The key trends of global structured cabling market has boost up demand in optical fibers cabling market in the industries because of its ability of higher speed data transfer. The key drivers responsible for the growth of global structured cabling market are drastic rise in internet penetration, high bandwidth demand across the industries, high adoption rate of automation for home and industries, rising trend of communication infrastructure & also the convergence of data centers.
While there are also some key restraints which are inhibiting the growth of global structured cabling market & framed as; poor electromagnetic compatibility impedance tolerance of Unshielded twisted pair cable because of which efficiency of communication decreases, fluctuations in the price of copper, high cost of optical fiber cable and its components, compatibility issue of older communication infrastructure with the new ones & also the price concern among cable vendors because of higher competition.
Geographically, North America is expected to holds the highest market share of global structured cabling market the reason behind this is the development of communication network architecture and also the data center convergence. This region has been an early adopter of new innovative technologies owing to presence of large technology players. Moreover, reliable network connectivity and availability of better technology infrastructure across the region has encouraged the growth of the market.
Key players operating in the global Structured Cabling market are ABB, Belden Inc., CommScope Holding Company, Inc., Corning Incorporated, Furukawa Electric Co., Ltd., Legrand SA, Nexans, Schneider Electric, Siemon, The Cabling Company Group, Dätwyler Cabling Solutions AG, TE Connectivity Ltd., Hitachi Cable America, Inc., Panduit, Teknon Corporation, Superior Essex, Paige Electric and Brand-rex .
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The Scope of Global Structured Cabling Market:
Global Structured Cabling Market, by Solution:
o Copper Cable
o Fiber Optic Cable
o Maintenance & Support
Global Structured Cabling Market, by End user:
- Commercial & Residential
- IT & Telecommunication
- Others (Including Mining and Education)
Global Structured Cabling Market, by Region:
- North America
- Middle East & Africa
- Asia Pacific
- Latin America
Key Players Operating In Global Structured Cabling Market:
- Belden Inc.
- CommScope Holding Company, Inc.
- Corning Incorporated
- Furukawa Electric Co., Ltd.
- Legrand SA
- chneider Electric
- The Cabling Company Group
- Dätwyler Cabling Solutions AG
- TE Connectivity Ltd.
- Hitachi Cable America, Inc.
- Teknon Corporation
- Superior Essex
- Paige Electric
- Brand-rex .
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