Global Structured Cabling market was valued at US$ 8.29 Bn in 2019 and is expected to reach US$ 16.167 Bn by 2026, at a CAGR of 7.7% during a forecast period.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Structured Cabling is a system defined as the combination of a 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 a well-organized network connection, different types of connecting devices & cables for the connections, software & services for installation, maintenance monitoring & designing are required.
Based on the solution, the copper cable segment dominated the market in 2016, and the trend to estimate to continue over the forecast period. Copper cables are usually used 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, the IT & telecommunications segment is expected to have the highest market share of the global structured cabling market. The reason behind the continued high market share of the IT & telecommunication segment is a higher demand for cabling structure services and its product from telecom providers and data centers.
The key trend of the global structured cabling market has to boost up demand in the optical fibers cabling market in the industries because of its ability of higher speed data transfer. The key drivers responsible for the growth of the global structured cabling market are a drastic rise in internet penetration, high bandwidth demand across the industries, the high adoption rate of automation for home and industries, the rising trend of communication infrastructure & also the convergence of data centers.
Geographically, North America is expected to hold the highest market share of the 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 the presence of large technology players. Moreover, reliable network connectivity and the availability of better technology infrastructure across the region have 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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Scope of the Global Structured Cabling Market:
Global Structured Cabling Market, by Solution:
• Hardware
o Copper Cable
o Fiber Optic Cable
o Enclosure
• Software
• Services
o Installation
o Consulting
o Maintenance & Support
Global Structured Cabling Market, by End-User:
• Commercial & Residential
• IT & Telecommunication
• Government
• Industrial
• Others (Including Mining and Education)
Global Structured Cabling Market, by Region:
• North America
• Europe
• Middle East & Africa
• Asia-Pacific
• Latin America
Key Players Operating in the Global Structured Cabling Market:
• ABB
• Belden Inc.
• CommScope Holding Company, Inc.
• Corning Incorporated
• Furukawa Electric Co., Ltd.
• Legrand SA
• Nexans
• chneider Electric
• Siemon
• The Cabling Company Group
• Dätwyler Cabling Solutions AG
• TE Connectivity Ltd.
• Hitachi Cable America, Inc.
• Panduit
• Teknon Corporation
• Superior Essex
• Paige Electric
• Brand-rex .
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