According to a new report, published by KBV research, The Global Ethernet Cable Market size is expected to reach $27.8 billion by 2030, rising at a market growth of 11.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 6,621.3 million meter, experiencing a growth of 11.0% (2019-2022).
The Fiber-Optic segment is experiencing a CAGR of 12% during (2023 - 2030). Fiber-optic cables can support much higher data transfer rates than copper cables. They can carry data from 10 Mbps to several terabits per second, making them ideal for bandwidth-intensive applications like streaming, video conferencing, and large data transfers. Fiber-optic cables are thinner and lighter than their copper counterparts. This makes it easier to handle, install, and route in various settings, including data centers and telecommunications networks. Fiber-optic connectors are compact and can transmit large volumes of data efficiently. They take up less space and are ideal for limited space.
The Commercial segment is leading the Global Ethernet Cable Market by Application in 2022; thereby, achieving a market value of $12.4 billion by 2030. Ethernet cables are extensively used to create local area networks within commercial spaces. This includes connecting computers, printers, servers, and other devices to a centralized network, facilitating efficient data sharing and communication. Many commercial enterprises use VoIP phones for communication. Ethernet cables connect these phones to the network, ensuring reliable and clear voice communication over the Internet. In the retail sector, Ethernet cables support implementing analytics systems that track customer behavior, manage inventory, and optimize store layouts for better customer experiences. Ethernet cables connect servers and data storage devices within commercial data centers. This facilitates data transfer, backup, and accessibility for various business applications.
The Shielded Twisted Pair segment is registering a CAGR of 11.9% during (2023 - 2030). The primary advantage of shielded twisted pair (STP) cables is their enhanced resistance to electromagnetic and radio frequency interference due to the shielding. This makes them suitable for environments with a higher risk of interference, such as industrial settings. The shielding in STP cables helps reduce crosstalk between adjacent pairs, ensuring better signal integrity. STP cables are generally used in industrial settings with a higher likelihood of electromagnetic interference from machinery and equipment. STP cables are suitable for applications where data integrity is paramount, such as in medical facilities or laboratories.
The North America region dominated the Global Ethernet Cable Market by Region in 2022; thereby, achieving a market value of $9.4 billion by 2030. The Asia Pacific region is anticipating a CAGR of 12% during (2023 - 2030). Additionally, The Europe region would register a CAGR of 11.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ethernet-cable-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hitachi, Ltd., Rockwell Automation, Inc., Schneider Electric SE, Belden, Inc., Prysmian Group, Nexans S.A., Anixter International Inc., Siemens AG, The Siemon Company, Leviton Manufacturing Co., Inc.
By Type (Volume, Million Meter, USD Billion, 2019 to 2030)
By Application (Volume, Million Meter, USD Billion, 2019 to 2030)
By Cable Type (Volume, Million Meter, USD Billion, 2019 to 2030)
By Geography (Volume, Million Meter, USD Billion, 2019 to 2030)
Companies Profiled
Unique Offerings 
