The Micro-Coaxial Cable market is
projected to grow at a rate of 6.3% by 2026, to reach USD 6.11 billion in 2026
from USD 3.73 billion in 2018, according to a new report by Reports and Data.
The aerospace and defense industry is a major user of coaxial and micro-coaxial
cables. These are used to provide interconnection between essential electronic
components in aircraft. Since aircraft have several radio communication
equipment, isolation of the radio signals is critical for the smooth
functioning of this equipment, which makes coaxial cables play a major role in
electronic communication. The rising economic activity and rapid urbanization
is expected to drive the growth in new infrastructure and construction. To
assist the growing demand from various demographics segments, services like
telecom and Internet access are necessary. Expansion in these sectors will
directly affect the demand for coaxial cables. Latin America is comparatively a
smaller market for micro-coaxial cables. The end-user industries in the region
the comparatively at a nascent stage and still with holds a lot of potential
for improvement.
Request for PDF Sample at: https://www.reportsanddata.com/sample-enquiry-form/1197
Further
key findings from the report suggest
- The CATV Companies segment is expected to reach USD 1.01 Billion by
2026. Rising customer preference especially in developing regions for
subscribing television and broadband as a bundled service together with
switch-over from analog to digital television accelerates the growth of
global CATV Equipment and Antennas market which in turn is anticipated to
positively impact the micro-coaxial cable market. Changing technologies,
expanding media industry, including continuous progression in government
initiatives in rural electrification is expected to fuel the growth of
global micro-coaxial cable market.
- The market for Latin America micro-coaxial cables market is
expected to grow at a CAGR of 4.9% over the forecast period. Military and
aerospace sector is expected to share the largest market share over the
forecast period owing to the investments towards development of robust
communication network infrastructure
- Military & aerospace segment is expected to grow significantly
at the rate of 7.3% during the forecasted period. Military and aerospace
industries are among the largest users of micro-coaxial cables around the
world. Mostly countries have distinctive requirements as per which the
manufacturers provide military grade micro-coaxial cables. Owing to the
large investments in improving the military communication infrastructure
in countries including China, the U.S., France, India, Germany, the U.K.,
and Egypt; the demand from micro-coaxial cables is expected to rise at a
good pace over the forecast period.
- Telephone service providers segment was valued USD 691 Million in
2018 and is expected to reach USD 1,071 Million by 2026. Telephone
landline connectivity is largely dependent on micro-coaxial cables
globally. The market for telephone services has been at rise in the past
and a similar pattern is expected over the forecast period too. Rise in
requirement of telephone services in remote locations is expected to a
major driver for the micro-coaxial cable market over the forecast period.
In order to compete with the rising competition from mobile app based
calling options, the telephone service providers are expected to invest
heavily towards improving the telecommunication networks which is
anticipated to impact positively over the forecast period.
- Manufactures profiled in this market are Hitachi, Ltd., Radiall S.A., Caledonian, Carlisle Interconnect Technologies, Winchester Interconnect Corporation, SPINNER GmbH, Nexans, TE Connectivity, W. L. Gore & Associates, Inc., Amphenol Corp., Volex, HUBER+SUHNER, Jiangsu Zhongtian Technology Co., Ltd., Sumitomo Corporation, Belden Inc., Molex, LLC, Trigiant Technology Co., Ltd and General Cable Corporation
Segments
covered in the report:
This
report forecasts volume and revenue growth at a global, regional & country
level, and provides an analysis on the industry trends in each of the
sub-segments from 2018 to 2026. For the purpose of this study, Reports and Data
have segmented the Micro-Coaxial Cable market on the Type, Applications, End
use and Region:
By
Type Outlook (Revenue, USD Million; 2018-2026)
- Hard-line Cable
- Triaxial Cable
- Twin Axial Cable
By
Applications Outlook (Revenue, USD Million; 2018-2026)
- Internet Data Transfer
- Video Distribution
- Radio Distribution Frequency Transfer
- Others
By
End use Outlook (Revenue, USD Million; 2018-2026)
- CATV Companies
- System Integrators
- Military and Aerospace
- Telephone Service Providers
- Construction Industry
- Others
Regional
Outlook (Revenue, USD Million; 2018-2026)
- North America
- U.S.
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
Browse More Reports of Electronics
Services Category At: https://www.reportsanddata.com/report/category/electronics-services
Contact
Us:
John Watson
Head of Business Development
Direct Line: +1-800-819-3052
No comments:
Post a Comment