(MENAFN- Ameliorate Digital Consultancy)
The structured cabling market refers to the installation and maintenance of a standardized cabling infrastructure that supports various applications and communication services within a building or campus. This includes the installation of cables, connectors, racks, and other hardware that enable the transmission of voice, data, and video signals across a network. The market for structured cabling is expected to grow in the coming years, driven by the increasing demand for high-speed data transmission, the adoption of cloud computing, and the proliferation of connected devices. Other factors contributing to market growth include the increasing deployment of data centers, the rise of smart building systems, and the growing popularity of Internet of Things (IoT) technologies
The structured cabling market is composed of various segments, including copper cabling, fiber optic cabling, and racks and cabinets. The copper cabling segment dominates the market, due to its low cost, ease of installation, and widespread use in local area networks (LANs). However, the fiber optic cabling segment is expected to grow at a faster rate, as it offers higher speeds, greater bandwidth, and better security.
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Geographically, the market for structured cabling is divided into several regions, including North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for structured cabling, due to the high adoption of advanced technologies in the region. However, the Asia-Pacific region is expected to experience the highest growth rate, due to the increasing demand for data centers and the growing use of cloud computing
Key Takeaways from Structured Cabling Market Study
The global market for structured cabling registered a growth of around 7% in 2020-2021, and will sustain this healthy pace over the coming years. Hardware structured cabling solutions are anticipated to drive the market, holding around three-fourth market share. The IT & telecommunication industry remains the leading vertical for the structured cabling manufacturers, with a projected share of around 43% through 2031. The United States, the epicenter of the largest structured cabling market of North America, will remain in the spotlight, accounting for close to 90% share of this attractive regional market. The United Kingdom and France will remain at the forefront across the structured cabling market in Europe, with over one-third of demand share. APEJ (Asia Pacific excluding Japan) will emerge as another lucrative market for structured cabling, and will register the highest growth over the next ten years. China will account for around one-third of the demand in APEJ.
Competitive Landscape
For instance,
Corning Incorporated launched its new extensive range of structured cabling such as EDGE8® Corning's Fiber Optics Structured Cabling Solutions, RocketRibbonTMData Center Interconnect solutions, and others, in 2020. Panduit Corp. launched its new broad range of structured cabling solutions, such as IndustrialNetTM Copper Cabling Solutions, Opti-Core IndustrialNetTM PCF Fiber Optic Cabling Solutions, and others, in 2020. The Siemen Company launched its new range of Fiber Optic Monitoring Solutions in 2020.
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Key Companies Profiled
Corning Incorporated CommScope Holding Company Inc., Nexans S.A., Legrand SA Datwyler Cabling Solutions AG Panduit Corp. The Siemon Company Schneider Electric SE ABB Ltd., Nutmeg Technologies Superior Essex Inc. Belden Inc. Furukwa Electric Co. Ltd. Hubnetix Corporation Tri-City Electric Co.
Recent Development
The structured cabling market has been growing rapidly due to the increasing demand for high-speed connectivity and the need for efficient data centers. With the rise of the Internet of Things (IoT) and the adoption of cloud computing, businesses are looking for reliable and fast cabling solutions to support their operations. This has led to an increase in the installation of structured cabling systems in commercial buildings, data centers, and manufacturing facilities. Moreover, the advent of 5G technology has also created significant opportunities for the structured cabling market, as it requires a robust and reliable cabling infrastructure to deliver high-speed connectivity.
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Key Questions Covered in the Structured Cabling Market
What is structured cabling and what are its benefits? What are the different components of a structured cabling system? What are the different types of structured cabling, and which one is best suited for specific applications? What are the latest trends and technologies in structured cabling? What are the different market segments for structured cabling, and how are they expected to grow in the future? Contact:
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