Global Copper Cable Market Synopsis –
According to the MRFR analysis, the global Copper Cable market size was valued at USD 151,985.95 million in 2020 and is expected to reach USD 212,896.55 million by the end of 2027 at a CAGR of 4.42%.
A copper cable is a bundle of two or more copper wires in a single sheath or jacket. Copper wire and cable are utilized in a wide range of applications, including power production, transmission, distribution, telecommunications, electronics circuits, and electrical equipment.
Copper cables come in various shapes and sizes, including shielded and unshielded twisted pair cables and coaxial cables, with different constructions depending on the use. In local area networks (LANs), unshielded or UTP cables are commonly used. Despite the growing need for fiber optics, copper cables continue to be utilized in various sectors due to their affordability.
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Global Copper Cable Market – Prominent Players
The global copper cable market is characterized by the presence of global, regional, and local players. The market is fragmented, with all the players competing to gain larger market shares. The key manufacturers operating in the global copper cable market compete based on cost, brand identity, product quality, availability of raw materials, and reliability of the product. The key players are engaged in the manufacturing of copper cable are increasingly investing in R&D and expansion of its regional presence to gain an advantage over competitors. Furthermore, with the growing application in industrial, broadcast, enterprises, digital communications, and other applications in the emerging markets, the players are emphasizing business expansion in countries, including China, Malaysia, and South Korea. Elcowire Group AB (Sweden), KGHM (Poland), Luvata (Finland), Ningbo Jintian Copper Group Co Ltd (China), Aviva Metals (France), Mitsubishi Chemical Corporation (Japan), Sandvik AB (Sweden), Hitachi Metals Ltd (Japan), Sumitomo Heavy Industries Ltd (Japan), Furukawa co. ltd (Japan), Tatung Co (China), TRA.SMA S.p.A. (China), ABB (Switzerland), Knight Precision Wire (UK), People’s Cable Group (China) are the key players operating in the global Copper cable market.
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Copper Cable Market – Segments:
By Type
- CAT3 : A Category 3 cable or Cat 3 cable is an unshielded twisted pair UTP cable used for voice and data communications in computer and telecommunication networks. It is also used in two-line phone configurations. This ethernet copper cable has been introduced by the Electronics Industry Alliance (EIA) and Telecommunication Industry Association (TIA).
- CAT5 : Cat 5 also carries other signals such as telephony and video. Accordingly, the range of lengths and colors is also wonderfully used at home to create LAN and Internet connections. An ordinary CAT5 (without the “E”) can convey information at a speed of 100 Mbit.
- CAT5E : Category 5 E is also known as Cat 5e Copper cabling. It is widely used for telecom, industrial applications, and office to create an Internet or LAN connection. These Cat 5e structured cables offer up to 100 MHz and are widely used for computer networks. It carries multiple signals on a single cable. The transmission of signal required by applications such as 1000BASE-T is used for bi-directional and full four-pair transmission.
- CAT6 : The Category 6 Copper cabling is also known as Cat 6 cables. The Category 6 Copper cabling supports 1000BASE-T. CAT-6 cables reach operating frequencies of up to 250 MHz. However, the longer the cable is, the lower the transmission speed. It has wider frequency bandwidth and delivers more data and keeps better signal integrity due to the bandwidth. It is used for a larger conductor that requires a high grade of insulation material that can reach the impedance and propagation delay requirements.
By Application –
Industrial: Copper cabling offers solutions and technology implementations which provide and maintain standards and practices in the industries. These Copper cabling installation serving a building includes local area network (LAN) and wide-area networks (WANs). Such cablings are installed at entrance facilities, vertical and horizontal backbone pathways, horizontal pathways, work area outlets, and others.
Broadcast: The copper cables are used in the infrastructure designed by broadcasters for 720p, 1080i, or even 1080p video content. Copper cable is also used in film studios, including Lucas film, and corporate broadcasting. Particularly, Many system designers and installers widely used category 5e or Category 6 cables for broadcast applications for outstanding reliability in both indoor and outdoor.
Enterprise: Copper cabling is the most widely used Ethernet transport medium on enterprise networks. A single Ethernet cable consists of eight tightly twisted wires around one another. This helps the electronic signals maintain consistency while traveling the length of the cable. Copper Ethernet uses RJ45 almost exclusively for connecting into network cards, routers, switches, and any other copper Ethernet-capable devices.
Digital Communications: The structured cables are used in digital communication sectors as they deliver high data transfer reliability and high performance. The cables consist of long strands of copper wire, which transmit electromagnetic waves from one place to another. These structured cables offer high connectivity over the Internet from transmission performance and offer ease of maintenance
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By Region
- North America: Market growth is driven by the strict environmental regulations, presence of numerous players in this region and large scale automotive and aerospace industry. US account for largest market share in the region.
- Europe: The growth in the region is mainly driven by the high production and sale of automobiles in European countries, such as Germany, Russia, and France.
- Asia-Pacific: This is the largest and fastest-growing regional market owing to the increasing production and sale of automobiles, especially in China, Japan, India, and South Korea. The growth of the aviation industry in the region is also contributing to the regional market growth.
- South America: The growing demand is due to the rise in industrialization and increasing government investments in major countries.
- Middle East & Africa: The presence of large-scale petroleum industries is fueling the demand for Copper Cable in the region.
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