Structured Cabling Market Size, Growth And Forecast | Teknon Corp, Nexans S.A., Panduit Corp., Legrand, Siemen, Belden.
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Structured Cabling Market Trend – Advancements in network infrastructure
VANCOUVER, BC, CANADA, April 12, 2022 /EINPresswire.com/ -- The latest market intelligence report, titled ‘Global Structured Cabling Market’, is intended to provide the target audience with the necessary information about the global Structured Cabling industry. The report comprises a detailed analysis of the vital elements of the Structured Cabling market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Structured Cabling market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research.
The structured cabling market size is expected to reach USD 15.09 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Growth of the global structured cabling market is driven significantly by rapid advancements in IT and telecommunication sectors, continuous investment in network and communication infrastructure development and upgradation, increasing government initiatives promoting digitization, and rising adoption of high-speed network connectivity systems and devices. Structured cabling solution includes installing and designing an organized cabling system that offers flexibility to adapt to changes, moves, and additions, and reduces system installation time, as well as supports the entire wiring infrastructure of an organization through a single system. This infrastructure comprises different standardized smaller components called subsystems, such as optical and twisted-pair cabling, patch cables, and patch panels.
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Key players operating in the market are Teknon Corp, CommScope, Nexans S.A., Panduit Corp., Legrand, Corning Inc., Belden, Inc., Schneider Electric, Siemen, and Furukawa Electric Co., Ltd.
Regional Overview:
The global Structured Cabling market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Structured Cabling market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Competitive Outlook:
The global Structured Cabling market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Structured Cabling market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
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Some Key Findings in the Report:
In June 2020, Siemen announced its expansion of cost-effective open rack and cable management solutions with the introduction of new Value Vertical Cable Manager (VVCM) system.
Product segment revenue is expected to register a steady revenue CAGR throughout the forecast period. This can be attributed to rapid adoption of structured cabling in various industries such as IT and telecommunication, governmental organization, and others
Asia Pacific is expected to register the fastest CAGR throughout the forecast period, which can be attributed to rapid development in network infrastructure and various government initiatives for promoting digitization in countries in the region.
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For the purpose of this report, Emergen Research has segmented the global structured cabling market based on solution, cable type, end-use, and regions as follows:
Solution Outlook (Revenue: USD Billion; 2018–2028)
Service
Installation & Consultation
Maintenance & Support
Managed Services
Product
Cables
Patch Panels & Cross Connects
Patch Cords & Cable Assemblies
Communication Outlets
Racks & Cabinets
Software
Cable Type Outlook (Revenue: USD Billion; 2018–2028)
Category 6
Category 5E
Category 6A
Others
End-use Outlook (Revenue: USD Billion; 2018–2028)
IT & Telecommunication
Residential & Commercial
Government & Education
Transportation
Industrial
Others
Regional Outlook (Revenue, USD Million; 2018–2028)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K
France
Italy
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Structured Cabling market.
The report marks the notable developments that have recently taken place in the Structured Cabling industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Structured Cabling market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
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