Global Structured Cabling Market - 2022-2029

Market Overview

Structured Cabling Market reached US$ XX million in 2021 and is expected to record significant growth by reaching up to US$ XX million by 2029, growing at a CAGR of 4.90% during the forecast period (2022-2029).

Structured cable is a telecommunications cabling infrastructure for a building or campus consisting of several standardized smaller pieces (structured). A structure cabling system provides a cabling infrastructure that gives predictable performance and is adaptable to movements, expansions and alterations.

It also maximizes system availability, provides redundancy and future-proofs the cabling system's usability. An extensive telecommunications infrastructure is provided by a structured cabling system, a complete system of cabling and related components. The infrastructure is used for various purposes, including phone service provision and data transmission across computer networks.

Market Dynamics

The exponential increase in demand for IoT and the trend of data center coverage are expected to drive the market's growth. The poor electromagnetic compatibility may slow down the growth of the structured cabling market.

The expanding market for IoT

The industrial and commercial Internet of Things (IoT) sectors extensively use structured cabling. Both industries are expanding quickly, causing a boom in demand for structured cabling among manufacturers. The Globally Internet of Things Spending Guide published by International Data Corporation (IDC) estimates that 23% of global IoT expenditures by 2022 will be made in Europe. The need for IoT-based structured cabling is increasing as the industrial sector rapidly expands, opening up a wealth of options.

Demand for IoT-based structured cabling is increasing as the industrial sector expands, giving manufacturers a ton of opportunity. In the third quarter of 2020, private industries that produce products and services expanded by 47.2 percent, 35.1 percent and 10.1 percent, respectively, according to the BEA- Bureau of Economic Analysis, with 21 of 22 industrial groups contributing to the rise in real GDP.

Datacenter coverage is on the rise

The number of public and private cloud data centers is continually growing. The rapid growth of internet users and the need for personal cloud storage are just a few driving data center expansion globally. According to the Cisco Global Cloud Index research, global cloud data center traffic will reach 19.5 zettabytes (ZB) per year by 2021, up 6 ZB from 2016. Cloud data centers will handle 94% of workloads and compute instances in 2021, accounting for 95% of total data center traffic. According to the analysis, expanding the Internet of Things (IoT) would inevitably lead to more traffic.

Datacenter convergence is making inroads into the IT infrastructure sector, allowing for the consolidation of separate servers, storage systems and networking devices into a single system. Various businesses have begun to discard heterogeneous architectures to reduce operating costs. It also leads to more production, greater flexibility and easier maintenance.

Unsatisfactory electromagnetic compatibility

To prevent electromagnetic compatibility issues in the system, all facets of PCB design, enclosure design, connector technology and power supply & interface cabling are considered. Electronic and cabling systems are responsible for noise and emissions in the network. Unshielded twisted pair (UTP) cables are a more economical choice, according to manufacturers and users of cabling infrastructure.

The electromagnetic compatibility impedance of UTP cables is lower than that of shielded/screened twisted pair cabling. Before UTP cabling can handle high-speed data applications, several factors and criteria relating to noise immunity and emissions must be considered. The technological restrictions of UTP cable restrict the market's growth.

COVID-19 Impact Analysis

March and April of 2020 will be regarded as the days when society's COVID-19 coronavirus lockdown measures started to take hold in almost every part of the planet. The outbreak of the COVID-19 disease has had a significant impact on the production and manufacturing industries, which has slowed the expansion of the structured cabling market. Furthermore, the COVID-19 epidemic has influenced the electronics industry, as production facilities have been shut down, decreasing demand for electronics and semiconductor products.

However, it has never been more crucial to quickly increase the capacity of the data centers as the workforce transitions to a "work from home" model. The network and data centers must quickly adapt to new requirements while continuing to deliver the transactions and operations that were originally specified. The need for home data is expected to create positive growth in the coming years.

Segment Analysis

By network, the structured cabling market is segmented into local area networks and wide area networks.

An increase in LAN data speed

The LAN category ruled the market in 2021. Due to the growing demand for high-speed networks, the networking infrastructure has been divided into smaller pieces with shorter cable lengths to enable high data rates. LAN enables rapid data transport since the data is divided into smaller pieces.

Due to the success of many crucial categories, it is anticipated that the LAN cable market will expand significantly. The category 6 cable industry will experience tremendous growth among the various categories, helping the LAN cable market to grow more.

Geographical Analysis

The expanding demand for IP-based video surveillance systems in North America

During the projected period, North America is expected to hold the largest share of the market. The rising demand for IP-based video surveillance systems is among the major driving factors for expanding the North America structured cabling market. IP-based surveillance offers scalability, flexibility and cost-effectiveness. The qualities are crucial for its application in a wide range of industries. Installations of IP video can be deployed in any condition and provide many benefits previously unavailable with analog CCTV systems.

Additionally, the market has grown due to technological developments, including rising fiber optic cable usage, increasing digital service penetration and early acceptance of new technologies in numerous sectors like government, residential & commercial, transportation & logistics. The region is home to important players in the market for structured cabling, including Belden, Inc., Corning Incorporated, Panduit Corp and others. Because of the area's dense population of industrial and telecommunications companies, which both heavily rely on structured cabling networks, the region has experienced significant growth.

Competitive Landscape

The industry is very competitive as a result of the existence of several large companies. Players have employed strategies like expansions, agreements, partnerships and joint ventures to manufacture new goods with high speed and superior features to increase their product portfolio and keep a strong position in the market. For instance, Legrand declared in February 2021 that it had purchased the Champion ONE (C1) family of businesses, a significant producer of optical networking systems and components.

Major global structured cabling market companies include Belden Inc., Cisco Systems, Inc., COMMSCOPE, Corning Incorporated, Furukawa Electric Co. Ltd., Legrand S.A., Nexans, Schneider Electric, TE Connectivity and Siemon.

TE Connectivity

Overview: TE Connectivity is a key player in this sector. The company's three business segments are transportation, industrial and communications. The company's three business groups all offer heat-shrink tubing. Automobiles, commercial transportation and sensors are the end markets served by the transportation solutions business category. The industrial solutions business area caters to the aerospace, defense, oil & gas and energy industries. The communications solutions business segment serves end markets such as data, devices and appliances. The company uses organic and inorganic methods to expand its global market share.

Product Portfolio: Wire and cable products are designed to connect electronic devices and provide reliable communication and power control in various applications. Simple jumpers to power and high-speed data connections to sophisticated harnesses are among the cable assembly available. They connect components, subsystems and equipment in various applications and industries.

Key Development: In 2021, TE Communication revealed its new multi-fiber cable assemblies, enabling high-signal data connectivity routing using only one Cable connecting several units in the field rather than one assembly for each. TE's multi-fiber cable assemblies are suitable for outdoor wireless applications such as 5G, microwaves, robotics, aerospace/defense and other harsh environments. They can save space, simplify connections and provide an economical upgrade solution because they are designed for use without requiring a customer application upgrade. These cable assemblies are made with bend-insensitive fiber G.657.A2, making installation simple and reliable. Furthermore, when fully mated, the bayonet-style locking function gives positive feedback to technicians.

Why Purchase the Report?

• Visualize the composition of the structured cabling market segmentation by solution, cable, end-user, network and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the structured cabling market by analyzing trends and co-development deals.
• Excel data sheet with thousands of structured cabling market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global structured cabling market report would provide access to an approx. 61 market data table, 65 figures and 211 pages.

Target Audience 2022

• Structured Cabling Software Providers/ Buyers
• Industry Investors/Investment Bankers
• Fire & Gas Monitoring System & Research Institutes
• Emerging Companies
• Critical Infrastructure Software Manufacturers