The global structured cabling industry size is expected to reach USD 15.09 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. The report provides structured cabling industry forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. Growth of the global structured cabling industry is driven significantly by rapid advancements in IT and telecommunication sectors, continuous investment in network and communication infrastructure development and upgradation, increasing government initiatives promoting digitization, and rising adoption of high-speed network connectivity systems and devices. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global structured cabling industry forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. structured cabling industry forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. Structured cabling solution includes installing and designing an organized cabling system that offers flexibility to adapt to changes, moves, and additions, and reduces system installation time, as well as supports the entire wiring infrastructure of an organization through a single system. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the structured cabling industry. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive structured cabling industry revenue growth to a significant extent over the forecast period.
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “structured cabling industry Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Some Key Findings in the Report:
- In June 2020, Siemen announced its expansion of cost-effective open rack and cable management solutions with the introduction of new Value Vertical Cable Manager (VVCM) system.
- Product segment revenue is expected to register a steady revenue CAGR throughout the forecast period. This can be attributed to rapid adoption of structured cabling in various industries such as IT and telecommunication, governmental organization, and others
- Asia Pacific is expected to register the fastest CAGR throughout the forecast period, which can be attributed to rapid development in network infrastructure and various government initiatives for promoting digitization in countries in the region.
- Key players operating in the market are Teknon Corp, CommScope, Nexans S.A., Panduit Corp., Legrand, Corning Inc., Belden, Inc., Schneider Electric, Siemen, and Furukawa Electric Co., Ltd.
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Region wise performance of the Structured Cabling industry
North America structured cabling industry forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America structured cabling industry revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the structured cabling industry forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe structured cabling industry forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support structured cabling industry growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Structured Cabling industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the structured cabling industry across different regions?
- Who are the major driving forces expected to decide the fate of the Structured Cabling industry worldwide?
- Who are the prominent market players making a mark in the structured cabling industry with their winning strategies?
- Which Structured Cabling industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the structured cabling industry?
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