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The global Ethernet Cable Market Size is expected to reach a value of $1.1 billion by 2022, rising at a CAGR of 13.8% during the forecast period.
Ethernet allows inter connection on systems over a network. Ethernet is the global protocol for a system of wires and cables to be connected to the multiple computers, devices, and machines over a single network to interconnect all the computing nodes. Networking cables are used to connect network devices to other network devices, or to connect two or more nodes to share a peripheral output device such as printer and scanners. Different types of network cables, such as coaxial cable, optical fiber cable, and twisted pair cables, are used depending on the network's topology, protocol, and size. Various categories of copper cables are used for different transmission speeds. The global Ethernet cable market is segmented based on types, applications, and geography.
Based on applications, the market is segmented into industrial, broadcast, enterprise, IT & network security, and others (residential & defense). The copper cables segment is a dominant segment within types, as copper cables are cost-effective and flexible, as compared to fiber-optic cables. Nevertheless, due to the suitability of fiber optic cable in various applications, the fiber optic cables would also gain popularity. Among the plausible applications, the industrial segment dominates the global market, due to the superior performance of Ethernet cables even in extreme conditions.
Based on region, Ethernet Cable market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Taiwan and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. Asia-Pacific remained the dominant region in the global Ethernet Cable market in 2015. North America would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Ethernet Cable market.
Key companies profiled in the report include Belden Inc., General Cable, Nexans, Anixter Inc., Siemens AG, Hitachi, Ltd., Schneider Electric, and Rockwell Automation.