Ethernet Cable Market by Type (Copper Cable and Fiber Optic Cable), Cable Type (Unshielded Twisted Pair and Shielded Twisted Pair), Cable Category (CAT 5E, CAT 6, CAT 6A, CAT 7, CAT 8, and Others), and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global ethernet cable market size was valued at $10.49 billion in 2020, and is projected to reach $29.23 billion by 2030, registering a CAGR of 11.3% from 2021 to 2030. Ethernet cables are the connecting applications, which are used to provide local area networks (LANs) access to devices of users. The cables can transfer data in electrical, optical, or digital ways. Most of these cables feature an outside shield to prevent data loss and are designed to carry the highest bandwidth and transfer rate possible. Depending on design, protocol, and scale of the network, different classes of network cables such as optical fiber cable, coaxial cable, and twisted pair cables are utilized.
Growth of the global ethernet cable market is anticipated to be driven by factors such as surge in demand for high-speed internet facility, increase in application of automation across industries, and reliable performance of ethernet cables. In addition, rapid urbanization in developing economies leads to increase in data consumption, which drives the overall market growth. However, high initial cost acts as a major restraint for the global ethernet cable industry. On the contrary, surge in demand for ethernet cable from the industrial sector is expected to create lucrative opportunities for the ethernet cable market during the forecast period.
The global ethernet cable market is segmented on the basis of type, cable type, cable category, application, and region. By type, the market is classified into copper cable and fiber optic cable. On the basis of cable type, it is fragmented into unshielded twisted pair and shielded twisted pair. By cable category, it is divided into CAT 5E, CAT 6, CAT 6A, CAT 7, CAT 8, and others. By application, it is categorized into residential, industrial, and commercial.
Region wise, the ethernet cable market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America dominated the ethernet cable market in 2020, and is projected to register significant growth rate during the forecast period, owing to growth in the fiber optic cable segment. However, Asia-Pacific is expected to witnesses significant growth by the end of the forecast period, followed by LAMEA. The key players operating in the market include Belden Inc., Prysmian Group, Leviton Manufacturing Co. Inc., the Siemon Company, SAB Brockskes GmbH & Co. KG, Nexans S.A., Southwire Company LLC, Hitachi, Ltd., SIEMENS AG, and Schneider Electric S.E.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the global ethernet cable market size along with current trends and future estimations to depict imminent investment pockets.
The overall ethernet cable market analysis is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current ethernet cable market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and the ethernet cable market share of key vendors.
The report includes the market trends and the market share of key vendors.
KEY MARKET SEGMENTS
BY TYPE
Copper cable
Fiber optic cable
BY CABLE TYPE
Unshielded Twisted Pair
Shielded Twisted Pair
BY CABLE CATEGORY
CAT 5E
CAT 6
CAT 6A
CAT 7
CAT 8
Others
BY APPLICATION
Residential
Industrial
Commercial
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
Japan
Australia
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Belden Inc.
Prysmian Group
Leviton Manufacturing Co. Inc.
The Siemon Company
SAB Brockskes GmbH & Co. KG
Nexans S.A.
Southwire Company LLC
Hitachi Ltd.
SIEMENS AG
Schneider Electric S.E.
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