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Global Cables and Connector Market Size and Forecast up, 2022: Reseach Beam

Friday, November 18, 2016 4:56
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The cables & connectors along with cable assemblies play a vital role in the integration mechanism of different systems & subsystems. They are utilized in diverse industries such as military & defense, oil & gas, commercial, energy & power, and others (civil, government and submarine communication). These cables & connectors are required to withstand harsh physical and chemical environment in order to operate in varying atmospheric conditions.

Cables & connectors market is expected to grow at a CAGR of 11.1% from 2016 to 2022. Major factors that drive the market growth include increasing investments by governments to improve connectivity within countries and increasing demand for higher bandwidth. Other important factor that is driving the market growth for cables & connectors include rising investments in military and submarine operations. However, complex fault detection and removal process restrains the market growth. Growing investments in wireless communication infrastructure, government investments to increase rural connectivity and growing number of data centers are expected to offer lucrative opportunities, fueling the growth of this market.

The world cables and connectors market is segmented on the basis of installation, product type, industry and geography. On the basis of installation, the market is bifurcated into internal cables & connectors, and external cables & connectors. The latter dominated the market in 2014 and this trend is expected to continue throughout the forecast period. Internal cables & connectors is expected to grow at the highest CAGR, owing to the supportive government initiatives to drive digitization & promote the adoption of eco-friendly electronic products.

On the basis of product type, the market is classified into HDMI cables & connectors, USB cables & connectors, VGA cables & connectors, DVI cables & connectors, CAT5/CAT6 cables & connectors, and others. CAT5/CAT6 continues to be the market leader throughout the forecast period on account of its extensive applications to support computer network and telephone traffic.

Based on end user industry, the market is segmented into aerospace & defense, oil & gas, commercial, energy & power, automotive and others (civil, government and submarine communication). Commercial sector leads the market by industry vertical, owing to the diverse applications of cables & connectors in IT & telecom, electronics, and healthcare for data transmission, security, troubleshooting, and other applications.

Geographically, the classification includes North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain and rest of Europe), Asia-Pacific (China, Japan, India, Australia, Singapore and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa). Asia-Pacific leads the market and is expected to grow at the highest CAGR on account of the increasing investments in infrastructure, energy, and technology.

The key market players profiled in the report are Amphenol Corporation, Molex Inc, Fujitsu Ltd, TE Connectivity, Prysmian Group, 3M Interconnect Solutions, Nexans, Huawei Technologies Co. Ltd, Alcatel-Lucent, and Axon Cable.

KEY BENEFITS:

  • This study provides an in-depth analysis of the world cables & connectors market to elucidate the imminent investment pockets.
  • The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
  • Porter’s five forces analysis highlights the potency of suppliers & buyers and describes the competitive scenario of the market, which is expected to facilitate efficient business planning.
  • Value chain analysis provides key inputs on role of key intermediaries involved, which is expected to help stakeholders in devising appropriate strategies.
  • This report presents a detailed quantitative analysis of the current trends and future estimations through 2016 and 2022, which assist in identifying the prevailing market opportunities.

KEY MARKET SEGMENTS:

BY INSTALLATION

  • Internal Cables & Connectors
  • External Cables & Connector

BY PRODUCT TYPE

  • HDMI Cables & Connectors
  • USB Cables & Connectors
  • VGA Cables & Connectors
  • DVI Cables & Connectors
  • CAT5/CAT6 Cables & Connectors
  • Others

BY INDUSTRY

  • Aerospace & Defense
  • Oil & Gas
  • Commercial
  • Energy & Power
  • Automotive
  • Others

BY GEOGRAPHY

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

About Us:

We have business relations with numerous clients of different verticals. Hence, we bring to you market research reports of various fields and carter to number of organizations. This is the spot on place for all your market research needs. We are home to a very proactive and energetic team who strives to solve user queries as soon as possible. They will also help you to know about latest market trends and practices. Research Beam will always make sure to bring most ethical and high quality reports. We value your relationship with us and look forward for a long term relation. Visit more – http://www.researchbeam.com   

   

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