Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Thursday, February 22, 2024

Lucintel Forecasts Telecom Cable Market to Reach $109 Billion by 2028

According to the recent study the Telecom Cable Market is projected to reach an estimated $109 billion by 2028 at a CAGR of 16.9% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for internet connectivity, increasing subscriber base, and growing investment in telecom infrastructure.

Browse 117 figures/charts and 70 tables in this 201-page report to understand trends, opportunities and forecast in telecom cable market by product type (external copper telecom cable, internal telecom & data cable, and fiber optic telecom cable), by installation type (land based and sea based), by application (telecommunication, CATV, data center, computer network, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World).

“Built on roller telecom cables market is expected to remain the largest segment during the forecast period.”

Based on product type, the telecom cable market is segmented into built on roller telecom cables, built in roller telecom cables, integrated roller telecom cables, and roller telecom cables with tilted laths. Lucintel forecasts that the built on roller telecom cables market is expected to remain the largest segment due to the durability of this type of telecom cable. Built on roller telecom cables are also easy to install with minimum modification of the lintel of the door or window.

“Within the telecom cable market, the residential segment is expected to remain the largest end use.”

Based on end use the residential segment is expected to witness the highest growth over the forecast period due to increases in new housing construction.

Download sample by clicking on Telecom Cable Market

“Europe will dominate the telecom cable market in near future.”

Europe will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the increasing usage of telecom cables in end use industries.

Major players of telecom cable market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Assa Abloy Group, Bunka Telecom Cable, Lixil Group, Sanwa Holdings Corporation, SKB Telecom Cables, Heroal, and Hunter Douglas are among the major telecom cable providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Related Reports

Telecom Cable Market in MENA

Telecom Cable Market in Canada

Telecom Cable Market in Germany

Telecom Cable Market in Japan

Telecom Cable Market in Mexico

Telecom Cable Market in South Korea

No comments:

Post a Comment