The coaxial cables global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Coaxial Cables Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The coaxial cables market size has grown strongly in recent years. It will grow from $33.84 billion in 2023 to $36.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to telecommunications expansion, television broadcasting, military and aerospace applications, networking and data transmission, .
The coaxial cables market size is expected to see strong growth in the next few years. It will grow to $45.55 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to 5g technology, internet of things (iot), satellite communications, video streaming and high-definition tv, automotive connectivity. Major trends in the forecast period include high-frequency coaxial cables, miniaturization, improved shielding, low-loss cables, eco-friendly materials.
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Scope Of Coaxial Cables Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Coaxial Cables Market Overview
Market Drivers –
During the historic period, the use of coaxial cables in cable broadband globally contributed to the coaxial cables market’s growth. Cable broadband offers a variety of benefits due to its affordability and innovations such as high speed, enhanced reliability, and high download peak times. According to a study, in India, the cable TV industry connects over 100 million households. It has enormous coverage and connects over 1500 cities, deep into urban and rural areas with last-mile connectivity. The multiple system operators (MSOs) are the operators, operating multiple cable TV systems, and give access to the majority of homes via fixed-line coaxial cable, which can be easily upgraded to carry high-speed broadband. The use of coaxial cables in cable broadband drove the growth of the coaxial cables market.
Market Trends –
Many cable manufacturing companies are increasing their fire-resistant cable production capacities to keep pace with the increasing demand from the construction industry. Fire-resistant cables are usually required in emergency operations in critical electrical circuits to reduce fire transmission and ensure the highest level of safety. They have a sheet to prevent the leakage of smoke and toxic gases during fire incidents. Such cables are designed for wiring in large residential, industrial, and manufacturing buildings. For instance, in May 2022, Nexans S.A., a France-based company operating in cable and optical fiber, introduced the next-generation fire-resistant cable. Nexans’ fire-resistant cables are fully dielectric and are more flexible as compared to metallic armored cables due to the use of fiber-reinforced plastic (FRP) armor, which does not require grounding, is easier to handle with rodent protection, is waterproof, and can operate over a wide temperature range.
The coaxial cables market covered in this report is segmented –
1) By Type: Hard-line Cable, Triaxial Cable, Twin Axial Cable
2) By Applications: Internet Data Transfer, Video Distribution, Radio Distribution Frequency Transfer, Other Applications
3) By End-User: Cable Television Industry, Military And Aerospace, Internet Service Providers, Telephone Network Operators, Communication Equipment Manufacturers, Other End Users
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Regional Insights –
The Asia-Pacific was the largest region in the coaxial cables market in 2023. North America is the second-largest region in the coaxial cables market. The regions covered in the coaxial cables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the coaxial cables market include Belden Inc., General Cable, LS Cable and System, Nexans SA, Prysmian Group, Amphenol Corporation, TE Connectivity Ltd., L-Com Global Connectivity, CommScope, Habia Cable, Hengxin Technology, Kingsignal Technology, Trigiant Group, W. L. Gore & Associates Inc., Zhuhai Hansen Technology, Allied Wire & Cable, American Broadcasting Company, Columbia Broadcasting System (CBS), FOX Corporation, National Broadcasting Company (NBC), Coleman Cable, Southwire Company LLC, Alpha Wire, Sumitomo Electric Industries Ltd., Dacon Systems Inc., New England Wire Technologies Corp., No Time Delay Electronics, Northwire Inc., Casmo Cable, Micro-Tek Corp., Maury Microwave, ANOISON Electronics LLC, Anritsu, Bolton Technical, Carlisle Interconnect Technologies, Cinch Connectivity Solutions, Times Microwave Systems, Huber+Suhner AG, Pasternack Enterprises Inc., RF Industries, Molex LLC, Radiall, Rosenberger, Samtec Inc., WireMasters Inc.
Table of Contents
1. Executive Summary
2. Coaxial Cables Market Report Structure
3. Coaxial Cables Market Trends And Strategies
4. Coaxial Cables Market – Macro Economic Scenario
5. Coaxial Cables Market Size And Growth
…..
27. Coaxial Cables Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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