About LAN Cable
LAN cable connects devices in the local area network with a network connector to provide communication between devices. Increasing demand for high-speed internet connectivity and penetration of smart or connected devices is expected to fuel growth in the market. Many businesses or industries are increasingly adopting advanced technologies and digital transformation may create significant opportunities for the global LAN cable market. However, the development of new technologies such as 5G and Li-Fi to offer high-speed data transmission may hamper the growth as these technologies can replace LAN cables in some applications.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Polycab India Limited (India), Hitachi, Ltd. (Japan), Belden Inc. (United States), Nexans (France), Furukawa Electric Co., Ltd. (Japan), Havells (India), Southwire Company, LLC. (United States), Prysmian Group (Italy), Shenzhen Lianxun Industrial Co., Ltd. (China), Primus Cable (United States), Comm-Port Technologies (United States), Huzhou Shumai Cable Co.,Ltd (China), PCNet Wire & Cable Co., Ltd. (Taiwan), FS.com INC (United States), Black Box (India) and LS Cable & System (South Korea) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global LAN Cable market by Type (Coaxial Cable, Copper Twisted Pair Cable and Fiber Optic Cable), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of LAN Cable has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. CAT 5 will boost the LAN Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the LAN Cable market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Fiber Optic LAN Cable Among Businesses Due to Its Reliability and High Speed
Market Growth Drivers:
High Growth of Data Centers Due to Adoption of Cloud Computing and Increasing Demand of High-Speed Internet Connectivity Due to the Use of Smart or Connected Devices
Challenges:
Presence of Multiple Players in the Global Market
Restraints:
Growing Popularity of Wireless Technologies and High Installation Cost Associated With LAN Cables
Opportunities:
Increasing Adoption of Advanced Technologies and Rising Digital Developments in the Asia Pacific Region
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, LAN Cable Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.