Coaxial Cable Market
English Public
Market Snapshot.
The coaxial cable market revenue will reach approximately USD 33 billion in 2022. Furthermore, according to our coaxial cable market insights, the market is expected to grow at a CAGR of around 4% during the forecast period, reaching a value of approximately USD 54 billion in 2035.
Market overview.
Coaxial cables, which are used to transmit radio frequencies and data through power distribution networks, are used in several applications such as telecommunications, military and aerospace. The tubular conductive shield and inner conductor surrounded by an insulating layer are the main parts of a coaxial cable.
Coaxial cable market growth factors.
1. according to the Organisation for Economic Development and Cooperation (OECD), the number of mobile device broadband access subscriptions will reach 1.76 billion by H1 2022. The speed, reliability and affordability of coaxial cables make them the best choice for broadband connections. Whether used to transfer voice, documents or video applications, a major advantage of using coaxial cables is the reasonable installation costs. Internet service providers are therefore expected to contribute significantly to the growth trend of the coaxial cable market.
2. significant growth in the telecommunications industry across the globe
3. significant surge in demand for consumer electronic devices will indicate a growth trend in the coaxial cable market
4. very high multimedia consumption in tablets and smartphones, leading to an increase in the size of the coaxial cable market.
Key trends in the coaxial cable market.
1. in May 2020, Nexans announced the award of the global frame contract for FLAMEX cables and services to Alstom. Coaxial cable market company FLAMEX is a high-performance rail cable for Alstom's new fleet, including high-speed trains, subways and trams.
2. in October 2018, Japanese wire and cable pioneer Junkosha Corporation launched a new product selection tool, the Cable Assembly Designer. The coaxial cable market company aimed to use the new tool for assembling its microwave and millimetre-wave coaxial cables.
For more information about the market research report, please visit: https://www.sdki.jp/reports/coaxial-cable-market/590641220
Challenges in the coaxial cable market
The high cost of manufacturing coaxial cables compared to other cables is a major factor restraining the growth of the coaxial cable market during the forecast period. Coaxial cables stand out for their excellent shielding properties that prevent crosstalk and other traffic disruptions. The same feature also allows for longer cable lengths. However, the shielding that conveys the electrical properties is very expensive, making coaxial cables more expensive than other types such as twisted pair. Furthermore, the increasing availability and transmission speed of fibre optic cables may adversely affect the size of the market for coaxial cables.
Competitive environment
Key players and manufacturers in the coaxial cable market include: Nexans, LS Cable & System Ltd, General Cable (Prysmian SpA), Coleman Technical Industries Ltd, Amphenol Corporation, Belden Inc, CommScope, TE Connectivity Ltd, L-Com, Southwire Ltd.
The coaxial cable market revenue will reach approximately USD 33 billion in 2022. Furthermore, according to our coaxial cable market insights, the market is expected to grow at a CAGR of around 4% during the forecast period, reaching a value of approximately USD 54 billion in 2035.
Market overview.
Coaxial cables, which are used to transmit radio frequencies and data through power distribution networks, are used in several applications such as telecommunications, military and aerospace. The tubular conductive shield and inner conductor surrounded by an insulating layer are the main parts of a coaxial cable.
Coaxial cable market growth factors.
1. according to the Organisation for Economic Development and Cooperation (OECD), the number of mobile device broadband access subscriptions will reach 1.76 billion by H1 2022. The speed, reliability and affordability of coaxial cables make them the best choice for broadband connections. Whether used to transfer voice, documents or video applications, a major advantage of using coaxial cables is the reasonable installation costs. Internet service providers are therefore expected to contribute significantly to the growth trend of the coaxial cable market.
2. significant growth in the telecommunications industry across the globe
3. significant surge in demand for consumer electronic devices will indicate a growth trend in the coaxial cable market
4. very high multimedia consumption in tablets and smartphones, leading to an increase in the size of the coaxial cable market.
Key trends in the coaxial cable market.
1. in May 2020, Nexans announced the award of the global frame contract for FLAMEX cables and services to Alstom. Coaxial cable market company FLAMEX is a high-performance rail cable for Alstom's new fleet, including high-speed trains, subways and trams.
2. in October 2018, Japanese wire and cable pioneer Junkosha Corporation launched a new product selection tool, the Cable Assembly Designer. The coaxial cable market company aimed to use the new tool for assembling its microwave and millimetre-wave coaxial cables.
For more information about the market research report, please visit: https://www.sdki.jp/reports/coaxial-cable-market/590641220
Challenges in the coaxial cable market
The high cost of manufacturing coaxial cables compared to other cables is a major factor restraining the growth of the coaxial cable market during the forecast period. Coaxial cables stand out for their excellent shielding properties that prevent crosstalk and other traffic disruptions. The same feature also allows for longer cable lengths. However, the shielding that conveys the electrical properties is very expensive, making coaxial cables more expensive than other types such as twisted pair. Furthermore, the increasing availability and transmission speed of fibre optic cables may adversely affect the size of the market for coaxial cables.
Competitive environment
Key players and manufacturers in the coaxial cable market include: Nexans, LS Cable & System Ltd, General Cable (Prysmian SpA), Coleman Technical Industries Ltd, Amphenol Corporation, Belden Inc, CommScope, TE Connectivity Ltd, L-Com, Southwire Ltd.
by akiariku
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