New report on Coaxial Cable market by application is categorized into Internet data transfer, video distribution and radio frequency transfer. Data is transferred at high speed over internet using coaxial cables. This data transferred over internet includes applications, videos, audio, documents, etc. Many high speed fiber internet connections are also using coaxial technology. These coaxial cables are also widely used in television cable industry and do have wide application in radio frequency transfer. The absence of interference in coaxial cable is what makes it one of the most reliable choices for transmitting radio signals. There are certain factors that influence the market of coaxial cable such as low cost of installation, advancement in the IT and telecom sector and reliable data transfer. However, the intense market competition and rapid changes in technology act as the restraining factors for the growth of coaxial cable market. Coaxial cable is comparatively an old technology; however, many devices do still depend on it.
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Coaxial cables are used to transfer data and radio frequency over distribution network. Coaxial cable or coax is a type of cable that has an inner conductor covered by an insulating layer, which is surrounded by tabular conducting shield. This design helps the coaxial cable to provide protection to the signal being carried from external electromagnetic interference. Coaxial cable is majorly used in cable television industry, military and aerospace, telephone service providers and other industries. Due to its wide range of applications, there is a huge demand for coaxial cables in the market. The coaxial cable market is expected to grow at a promising CAGR during 2013 -2020.
Based on end users, coaxial cable market is segmented into cable television industry, military and aerospace, internet service providers, telephone network operators and communication equipment manufacturers for automobile, marine and other industries. Based on its wide range of applications, coaxial cable has a strong market presence. Geography market for coaxial cable is segmented into North America, South America, Europe, Asia Pacific and ROW. North American market is expected to show a promising CAGR from 2013 to 2020. The reason for this growth is primarily the need for high speed internet as well as sharing and downloading of high definition videos.
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