Technavio announced its latest market research report, entitled "Global Structured Cabling Market 2019-2023." (Illustration: Business Wire)
Technavio announced its latest market research report, entitled "Global Structured Cabling Market 2019-2023." (Illustration: Business Wire)
LONDON--(BUSINESS WIRE)--The global structured cabling market is expected to grow by USD 3.23 billion between 2019 and 2023, growing at a compound annual growth rate of 8% during the forecast period. Request a free sample page
Read the 138-page research report containing TOC, which reads "End-user (data center, telecommunications, industrial, and construction) structured cabling market analysis report, by geography (Americas, Europe, Middle East and Africa, and Asia Pacific) and market segments Forecast, from 2019 to 2023."
https://www.technavio.com/report/global-structured-cabling-market-industry-analysis
The market is driven by the growing demand for FTTx. In addition, the increase in investment in data center construction is expected to further promote the growth of the structured cabling market.
Higher bandwidth, high speed, and lower installation costs are the expansion of FTTx, fiber to the node (FTTN), fiber to the curb (FTTC), FTTP and fiber to the-home (FTTH) to its users. FTTH networks use optical cables instead of copper wires, telephone wires or cables to provide high-speed services. Fiber optic technology also uses light rather than electricity to transmit IP data packets, thereby providing higher bandwidth. In addition, FTTH service providers are also investing heavily in the construction of FTTH architecture. The emergence of high-speed FTTH network services will drive the demand for optical fibers and cables, thereby driving the growth of the structured cabling market.
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Five major structured cabling market companies:
Belden operates in multiple areas such as broadcast solutions, enterprise solutions, industrial solutions, and network solutions. The company provides cables and connection products for broadcast applications, end-to-end copper cables and fiber optic network systems, including cables, components, input/output (I/O) connectors, industrial cables, and IP and network cables.
Furukawa Electric’s business is divided into six parts, including communication solutions, energy infrastructure, automotive products and batteries, electronic component materials, functional products, and services and development. The company provides telecommunication system products, FTTx products and construction tools, optical components and optical fibers, and wiring materials.
Nexans conducts business operations in multiple areas, namely construction and territory; high voltage and products; telecommunications and data; industries and solutions; and others. The company provides LANmark copper and fiber structured cabling solutions, LANactive FTTO and industrial solutions (switches and cabling), LANsense automated infrastructure management, and basic standard LAN cabling components.
The Prysmian Group operates its business through four divisions, including energy projects, energy products, oil and gas, and telecommunications. The company provides structured cabling products and accessories for construction and infrastructure projects in the fields of power and control, multimedia and railways.
Schneider Electric operates the following businesses: medium voltage, low voltage, safe power supply and industrial automation. The company provides category 6 UTP panels, category 6 UTP keystone correction, category 6 UTP patch panels, category 6A UTP solid cables, category 6A FTP jumpers, category 6 UTP solid cables, category 6 UTP cables, category 6 SFTP jumpers Cable, category 6 UTP solid cable, category 5e shielded ladder jack, category 5e STP terminal block, category 5e UTP solid cable, category 5e UTP jumper, category 5e SFTP jumper, category 6 shielded ladder jack, and category 6 UTP jumper String.
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End-user outlook for structured cabling (revenue, millions of dollars, 2019-2023)
Structured Cabling Regional Outlook (Revenue, USD Million, 2019-2023)
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The global structured cabling market is expected to grow by USD 3.23 billion between 2019 and 2023, with a compound annual growth rate of 8% during the forecast period.
Technavio Research Jesse Maida Media and Marketing Director United States: +1 844 364 1100 United Kingdom: +44 203 893 3200 www.technavio.com media@technavio.com