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Tuesday, September 12, 2023

Structured Cabling Market is anticipated to grow at a CAGR of 6.8% during 2023-2028

The global structured cabling market is projected to reach $14.2 billion by 2028, at a CAGR of 6.8% during 2023-2028. The growth of structured cabling market is driven by growing investments in communication infrastructure, rising demand for high-speed connectivity devices and systems, along with increasing requirement for reliable and efficient network connectivity across the globe.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the structured cabling market by type (fiber cabling, cabling infrastructure, and copper cabling), cable type (cat 5E, cat 6, cat 6A, cat 7/7A, and others), application (IT & telecommunication, residential & commercial, government & education, transportation, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the structured cabling market?

Q.4 What are some changing demands of customers in the structured cabling market?

Q.5 What are the new developments in the structured cabling market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this structured cabling area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this structured cabling market?

Market Segmentation:

Based on cable type, the structured cabling market is segmented into cat 5E, cat 6, cat 6A, cat 7/7A, and others. The cate 6 segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its growing application in the automotive, energy & power, and smart city projects, coupled with the increasing government initiatives and investments for broadband connectivity as well as for the development of internet connections to improvise digitization.

North America will remain the largest region over the forecast period due to increasing demand for data center services and growing investments by the key manufacturers in developing 5G network, broadband, and communication infrastructure projects in the region.

Key Players in the structured cabling market are ABB, Belden, CommScope Holding, Corning Incorporated, Furukawa Electric, Legrand, Nexans, Schneider Electric, Siemens, and Panduit.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

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

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