Structured Cabling Market Overview:
The global Structured Cabling market demand is growing with the rising demand of the internet connectivity. The increase in the demand of the Power over Ethernet is due the increasing demand of structured cabling that meets the need for higher bandwidth and power. According to a recent study report published by the Market Research Future, The global market of Structured Cabling is expected to gain prominence over the forecast period.
The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017-2023.
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Major Key Players:
CommScope Inc. (U.S.), Hitachi Cable America, Inc. (U.K.), Panduit (U.S), Legrand SA (France), TE Connectivity (Switzerland), Corning, Inc. (U.S.), Belden Incorporated (U.S), ABB Ltd. (Switzerland), Schneider Electric SE (France), Nexans S.A. (France), Teknon Corporation (U.S.), Siemon (U.S), Superior Essex (Georgia), Paige Electric (U.S), and Brand-rex (Scotland) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Structured Cabling Market.
April, 2018– Siemon, a provider of global network infrastructure, unveiled advanced network solutions for smart buildings designed with IP-based intelligent building systems via a single structured cabling infrastructure.
May, 2018- Black Box Corporation revealed its new website, bboxservices.com. The new site will enable Black Box’s Commercial Services and Government Solutions business units to provide an enterprises across multiple industries with leading Unified Communications and Collaboration, Wireless Mobility, Structured Cabling, and Edge Services.
September 2017: Corning Incorporated announced that three of its innovative structured cabling products is considered to the best product for the communications in the market. The growing need of these structured cabling is due to the penetration of E-commerce, retail spaces, large warehousing and logistics, auto, hypermarkets and others optical communications products has prompted the growth of these market.
Structured Cabling Global Market Competitive Analysis:
The market of Structured Cabling Market appears to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape.
Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
Structured Cabling Market Segmentation:
The Structured Cabling market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Wire Category : Category 5e, Category 6, Category 6a, Category 7.
Segmentation by Application: LAN & WAN.
Segmentation by Product Type: Copper, Co-Axil and Fiber.
Segmentation by Industry: IT & Telecommunication, BFSI, Commercial, Industrial, Automotive and others.
Segmentation by Regions: Geographical Regions – North America, Europe, Asia Pacific and Rest Of The World.
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Structured Cabling Market Regional Analysis:
North America is dominating the global Structured Cabling market with the largest market share owing to presence of major players such as CommScope Inc. Hitachi Cable America, Inc., Corning, Inc., Belden Incorporated and among others, in the region and growth of a number of IoT and cloud related technology, which are gaining demand in structured cabling market and is expected to gain growth by 2023.
Global Structured Cabling market in European market is expected to grow at a substantial high CAGR during 2017 to 2023. The Asia Pacific market for Structured Cabling market is expected to grow at a considerable CAGR (2017-2023) due to increasing awareness among individual, and development of technology hubs.
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