PUBLISHER: The Business Research Company | PRODUCT CODE: 1217033
PUBLISHER: The Business Research Company | PRODUCT CODE: 1217033
“Coaxial Cables Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on coaxial cables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for coaxial cables ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The coaxial cables market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Companies Mentioned: Belden; General Cable; LS Cable and System; Nexans; Prysmian Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Major players in the market are: Belden, General Cable, LS Cable and System, Nexans, Prysmian Group, Amphenol, TE Connectivity Ltd, Nexans SA, L-Com Global Connectivity, CommScope.
The global coaxial cables market will grow from $31.63 billion in 2022 to $34.43 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The coaxial cables market is expected to grow to $46.69 billion in 2027 at a CAGR of 7.9%.
The coaxial cables market consists of sales of triaxial cables, hardline coaxial cables, twin axial cables, and other coaxial cables. They are primarily used in cable television, telephone service providers, military and aviation sectors, and other industries. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Coaxial cable is a type of copper cable that has an inner conductor protected by a layer of insulation, that is enclosed by a shield of tabular conduction to reduce the interaction with electrical and radio frequencies, allowing faster and more stable signal delivery. Coaxial cables are used for transmitting data and radio frequency over a distribution network, primarily used in cable television, telephone service providers, military and aviation sectors, and other industries.
The Asia Pacific is the largest region in the coaxial cables market in 2022. 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, the Middle East, and Africa.
The main types in the coaxial cable market are hard-line cable, triaxial cable, and twin axial cable. The hardline cable in the coaxial cable market refers to the hardline cable that is used in the subscriber's home for connections to amplifiers. These are applicable in internet data transfer, video distribution, radio distribution frequency transfer, and others. These are used in the cable television industry, military and aerospace, internet service providers, telephone network operators, communication equipment manufacturers, and other end users.
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 coaxial cables market.
The growing use of fiber optic cables is expected to limit the growth of the coaxial cables market. A fiber optic cable is a network cable consisting of glass fibers inside an insulated casing, that transmits data over longer distances, providing high bandwidth and high-performance networking to homes and businesses with internet, TV, and phone service. For instance, in India, fiber optic cable consumption increased with a CAGR of 27% over the past three years. The fiber optic cables provide robust bandwidth internet and are suitable for long-distance transmission of data in India such as live streaming coaching classes. These factors are expected to harm the coaxial cables market as fiber optic cables offer many advantages over coaxial cables, affecting the market's growth.
Many cable manufacturing companies are increasing 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 for reducing fire transmission and ensuring 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's 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 and is easier to handle with rodent protection.waterproof, and can operate over a wide temperature range.
The countries covered in the coaxial cables market are: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The coaxial cables market research report is one of a series of new reports from The Business Research Company that provides coaxial cables market statistics, including coaxial cables industry global market size, regional shares, competitors with a coaxial cables market share, detailed coaxial cables market segments, market trends and opportunities, and any further data you may need to thrive in the coaxial cables industry. This coaxial cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.