About Coaxial Cables
Coaxial cables are a type of multi-layered insulated cables used in applications like cable television (CATV) distribution, wired telephony, and broadband Internet services. These cables consist of a single wire at the center that carries the signal, covered by a dielectric insulating material, which is then covered by a wire mesh and another insulated covering material. The outer conductor mesh serves as the ground connector.
Technavio’s analysts forecast the global coaxial cables market to grow at a CAGR of 6.43% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global coaxial cables market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Coaxial Cables Market 2017-2021
Technavio recognizes the following companies as the key players in the global coaxial cables market: Belden, General Cable, LS Cable & System, Nexans, Prysmian Group, and Sumitomo Electric Industries.
Other Prominent Vendors in the market are: Amphenol, CommScope, Habia Cable, Hengxin Technology, Kingsignal Technology, Trigiant Group, W. L. Gore & Associates, and Zhuhai Hansen Technology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing investment in the aerospace sector. The aerospace and defense sector 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 these equipment, which makes coaxial cables play a major role in electronic communication. Any interference in radio communication between the aircraft and air traffic control (ATC) during takeoff or landing can be extremely dangerous.”
According to the report, one of the major drivers for this market is Adoption of cables for broadband Internet access. Till the early 1990s coaxial cables were only used for transmission of cable television (CATV) and communication networks, which limited their uses in digital space. The implementation of multimedia over cable alliance (MoCA) technology allows transmission of high-speed broadband Internet and digital content access over coaxial cable networks.
Further, the report states that one of the major factors hindering the growth of this market is Declining CATV subscriber base in several countries. The cable industry has seen a significant decline in television subscribers even as the number of cable broadband subscribers increased. This is due to consumer preference of switching toward streaming, satellite TV, and IPTV-based services. Streaming service providers like Netflix, Hulu, and Amazon Prime Video provide monthly access to online shows at a fraction of the CATV subscription price. These services are also known as subscription video-on-demand (SVoD).
Belden, General Cable, LS Cable & System, Nexans, Prysmian Group, Sumitomo Electric Industries, Amphenol, CommScope, Habia Cable, Hengxin Technology, Kingsignal Technology, Trigiant Group, W. L. Gore & Associates, and Zhuhai Hansen Technology.