Structured Cabling Market Trends, Forecast, and Opportunity Assessment (2021-2026)
Structured Cabling Market Global Market - Overview
Growing demand of Ethernet networks is also one of the major
factor for the growth of structured cabling market. These cabling are widely
being used for wiring different kinds of electronic devices that includes
access control, IP camera and others where these cables are extensively being
used. Furthermore, the increase in the demand of the POE (Power over Ethernet)
and demand of bandwidth is also boosting the global structured cabling market.
According to the study, the United Nations International Telecommunication
Union estimates approximately 3 billion internet user by 2014, who are involved
in streaming video to online gaming. According to a recent study report
published by the Market Research Future, The global market of Structured
Cabling Market is booming and expected to gain prominence over the forecast
period. The market is projected to demonstrate a spectacular growth by 2022,
surpassing its previous growth records in terms of value with a striking CAGR
during the anticipated period (2016 – 2022).
The telecommunication infrastructure serves a wide range of
application that includes data and video transmission via computer network or
telecom service. The rise in internet penetration along with the high speed of
internet connectivity tends to be the major driving factor for the growth of
this market.
The telecommunications industry was the largest contributor
to the global structured cabling market in 2015. The market revenue through
commercial and industrial sectors is also expected to increase at a considerable
pace. Asia-Pacific is expected to be the most significant region in terms of
investment in structured
cabling solutions market, due to its large market size and high growth rate
as compared to North America.
The factors such as increasing adoption of cloud service
across the globe acts as a major restraining factor for the growth of the
structured cabling market. In addition, by the global proliferation of
smartphones and applications like on-demand video, the need for data center
space continues to increase which will significantly supports for the growth of
this market.
Key Players:
CommScope, Inc. (U.S.), Nexans S.A. (France), Panduit Corp.
(U.S.), Legrand (France), Corning, Inc. (U.S.), Belden, Inc. (U.S.), ABB Ltd.
(Switzerland), Schneider Electric SE (France), Teknon Corporation (U.S.), The
Siemon Company (U.S.). are some of the prominent players at the forefront of
competition in the Global Structured Cabling Market and are profiled in MRFR
Analysis.
Browse Full Report @ https://www.marketresearchfuture.com/reports/structured-cabling-market-2266
Industry News
October 25, 2017- CommScope is offering an In-building
Wireless Sales Specialist authorization to current North American structured
cabling installer partners in its PartnerPRO Network. In-building Wireless
Sales Specialists are authorized to offer CommScope’s innovative digital
distributed antenna system (DAS) solutions to customers, provide solution
pricing, and design and install the supporting in-building wireless
infrastructure. The new partner authorization is all about enabling enterprise
ecosystem that includes hundreds of cabling installer companies to better serve
their customers by knowledgably consulting about wireless solutions. CommScope
has developed in-building wireless solutions specifically for the enterprise,
and we expect our partner network to serve as a significant sales channel for
them.
October 3, 2017- Panduit receives Platinum, Gold and Silver
-level 2017 Innovators Awards from Cabling Installation & Maintenance. The
Platinum-winning OptiCam 2 tool was launched earlier this year by Panduit, a
leading global provider of network infrastructure solutions. The simple-to-use
tool helps fiber installers by making fiber terminations fast, easy, and
foolproof. An on-tool screen walks users through a simple three-step
termination process and delivers a calculated insertion loss so installers
immediately know they have a good connection. A companion mobile app captures
and delivers robust project data.
September 26, 2017- Corning Incorporated announced that
three of its innovative optical communications products received gold-level
awards at the annual Cabling Installation & Maintenance Innovators Awards
program. Corning’s EDGE solutions, ALTOS cable with binderless, fastaccess
technology, and altos cable with fast access technology, were recognized by a
judging panel consisting of cabling and communications system specifiers,
designers, integrators, and managers with vast professional experience.
Structured Cabling Market Global Market - Competitive
Analysis
The market of Structured Cabling market appears to be highly
competitive. To maintain their market position and to drive the market growth,
various dynamic and diversified international organizations, domestic
organizations and as well as new entrants form a competitive landscape. Market
leaders are innovating continuously and increasingly seeking market expansion
through various strategic mergers and acquisitions, innovation, increasing
investments in research and development and cost-effective product portfolio.
Major players are investing on internal R&D and, most of all, in acquiring
other firms.
Structured Cabling Market Global Market - Segmentation
The Structured Cabling market can be classified into 4 key
segments for the convenience of the report and enhanced understanding;
Segmentation by Wire Category: Comprises category 5e,
category 6, category 6A and category 7
Segmentation by Application: Comprises local area
network (LAN) and wide area network (WAN).
Segmentation by Product Type: Comprises Copper Wire,
Co-axial Wire and Fibre
Segmentation by End-User: Comprises IT &
Telecommunication, Residential & Commercial, Government, Transportation,
Industrial and Others.
Segmentation by Regions: Comprises Geographical
regions - North America, Europe, APAC and Rest of the World.
Structured Cabling Market Global Market - Regional
Analysis
North America is dominating the global structured cabling
market with the largest market share and therefore accounting for astronomical
amounts and is expected to grow over its previous growth records by 2022. The
intense research and development in the field of telecom industry technology
related to network expansion, high penetration of Internet of Things, and
growth of a number of IoT and cloud related technology in the region. The
region also has existence of technologically advanced countries such as U.S.
and Canada which are promoting the application related structured cabling
market. Europe has been benefitted mainly due to the extensive initiatives
taken by government. Whereas, Asia Pacific market is expected to witness the
fastest growth due to increasing awareness among individual, and development of
technology hubs in the region. Various, government initiatives such as
development of smart cities and smart homes also supports the growth of
structured cabling in the region.
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted
by a competent team of research analysts who provide useful analytics and data
on technological and economic developments. Our deemed analysts make industrial
visits and collect valuable information from influential market players. Our
main goal is to keep our clients informed of new opportunities and challenges
in various markets. We offer step-by-step assistance to our valued clients
through strategic and consulting services to reach managerial and actionable
decisions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Comments
Post a Comment