The Cable Blowing Equipment Market is expected to develop at a compound annual growth rate (CAGR) of 4.7%, from USD 108 million in 2023 to USD 136 million in 2028. This indicates that the market is expected to grow significantly. The power type of equipment, such as drill-driven, electric, pneumatic, and hydraulic systems, as well as the type of cable being used, such as microduct and regular cable, are some of the key drivers propelling this growth. Furthermore, regional variables pertaining to North America, Europe, Asia Pacific, and the Rest of the World are impacting market trends and prospects for growth. In light of the growing need for effective cable installation solutions in data centres, infrastructure projects, and telecommunications, the cable blowing equipment market is expected to rise steadily throughout the forecast period.
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The cable blowing equipment market is expanding rapidly thanks to a number of important factors. The need to link data centres and replace outdated cable networks with more effective fibre optics is a major factor driving the growth of fibre optic networks. The need for cable blowing equipment is also being fueled by the growing uptake of Fiber-to-the-Building (FTTB) and Fiber-to-the-Home (FTTH) networks. Furthermore, the swift assimilation and development of 5G technology is propelling the requirement for improved telecommunications infrastructure, necessitating effective techniques for installing cables. Moreover, as emerging economies work to boost digital transformation programmes and improve connectivity, they are also driving market growth through the development of their telecommunications infrastructure.
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By Power Type, the electric segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.
In the upcoming years, the market for cable blowing equipment is expected to see substantial expansion in the electric segment. This increase is the result of an increasing emphasis in a variety of businesses on environmentally friendly and sustainable solutions. In comparison to conventional techniques, electric-powered cable blowing devices provide a greener and more energy-efficient option, fitting in nicely with international campaigns promoting environmental responsibility. The need for electric cable blowing equipment is predicted to increase significantly as green technologies become more and more important to companies. This market is very appealing to enterprises looking for cutting-edge, environmentally friendly cable installation solutions since it provides precision, adaptability, and a lower environmental effect. The electric sector is positioned as a leader in the market and is expected to grow rapidly during the projected period because to its promising qualities.
Microduct segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.
In the cable-blowing equipment market, the microduct category is projected to rise at a rapid compound annual growth rate (CAGR) throughout the course of the forecast period. Microducts provide a low-profile way to install and maintain fibre optic networks while facilitating the rapid transfer of massive amounts of data at fast speeds. The microduct market is significantly driven by the global momentum towards the building of fibre optic networks, especially in urban and metropolitan areas. Governmental actions that provide support, particularly in developing economies, serve to reinforce this economic trajectory. In February 2022, for example, the Indian Department of Telecommunications (DoT) unveiled an ambitious plan to fiberize six lakh communities by the year 2025. The use of cable blowing equipment for microduct fibre installations is accelerated by such initiatives.
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Noth America is poised for significant growth in the cable blowing equipment market by 2028.
In the upcoming years, the North American market for cable blowing equipment is expected to grow significantly due to a number of important factors. New fibre cable installation projects are being planned throughout the region as a result of rising bandwidth needs, the introduction of 5G technology, the explosive growth in over-the-top (OTT) content consumption, and the increasing need for low-latency communication. As a result, businesses are investing in the improvement of current networks, with OTT providers placing a special emphasis on building new infrastructure. Furthermore, North America is a leading hub for technical advancements and a pioneer in the assimilation of novel technologies. The robust expansion of the cable blowing equipment market in this region may be attributed to various factors, including the expanding deployment of data centres, the heightened need for data communications, the increased usage of communication devices, and the strong presence of major firms.
Key companies operating in the cable blowing equipment market are Plumettaz S.A. (Switzerland), Condux International, Inc. (US), CBS Products (KT), Ltd. (UK), Fremco (Denmark), LANCIER CABLE GmbH (Germany), SKYFIBERTECH (Turkey), Jakob Thaler GmbH (Germany), NINGBO MARSHINE POWER TECHNOLOGY CO., LTD. (China), Upcom Telekomunikasyon (Turkey), and Adishwar Tele Networks (India).
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