The global structured cabling market is projected to reach USD 15.0 billion by 2027 from an estimated USD 11.7 billion in 2022, at a CAGR of 5.1% from 2022 to 2027. Major factors driving the growth of the market include growing trend of data center convergence penetrating IT infrastructure market and rising emergency of smart cities.
CommScope Holding Company, Inc. (US), Corning Incorporated (US), Legrand (France), Nexans (France), Panduit Corp. (US), Belden Inc. (US), R&M (Switzerland), Furukawa Electric Co., Ltd. (Japan), Schneider Electric (France), The Siemon Company (US); are some of the key players in the structured cabling market. These players have adopted various growth strategies, such as product launches, expansions, partnerships, collaborations, contracts, agreements, and acquisitions to retain their presence in the structured cabling market. Product launches has been the most dominating strategy adopted by the key players from January 2018 and January 2022 to help them broaden their customer base.
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CommScope Holding Company, Inc. provides connectivity and essential communication infrastructure solutions, such as cabling platforms and intelligent connectivity, radio frequency (RF) solutions, broadband access solutions for business enterprises, and wireless residential broadband networks. It operates through four business segments: Broadband Networks (Broadband), Home Networks (Home), Outdoor Wireless Networks (OWN), and Venue and Campus Networks (VCN). The Broadband Networks segment provides an extensive cable product portfolio through the Network Cable and Connectivity (NCC) business for telco and cable providers. The Home Networks segment provides a digital subscriber line and cable modems and telephony and data gateways. The company owns Ruckus, Pace, Motorola Home, ADC, and several other smaller brands.
Corning Incorporated is one of the world’s leading innovators in materials science. Its markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. The company operates through six business segments—Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, Life Sciences, and All Other. The Optical Communications segment of the company offers products for the structured cable market. The products in this segment range from end-to-end fiber to wireless solutions for communications networks. The key competitor companies of the segment include CommScope Holding Company, Inc. and Prysmian Group.
Legrand is one of the global specialists in electrical and digital building infrastructures. It caters to the commercial, residential, and industrial sectors. It is one of the leading manufacturers of products such as wiring devices, lighting control, and cable management and structured cabling for residential, commercial, and industrial sectors.
Nexans is one of the dominant players in the structured cabling market. The company has a fluid supply chain and products that are easy to handle and install. It is also a global energy transition player that offers solutions across the value chain from engineering and design to manufacturing, installation, and maintenance. The company has a customer-centric approach. It develops turnkey solutions by combining cables and accessories with services to meet growing customer demand for a new ecosystem and more comprehensive solutions, including cabling, connectors, and integrated modules.
Panduit Corp. develops and provides infrastructure solutions for data centers, enterprises, and other businesses. It manufactures racks, cabinets, cable ties, fiber optic systems, copper systems, grounding systems, and other accessories. It has formed strategic alliances with industry leaders such as Cisco Systems (US), Rockwell Automation (US), and General Cable (US) to engineer joint solutions and ensure interoperability.
Structured Cabling Market with COVID-19 Impact Analysis, by Solution Type, Cable Type (Category 5E, Category 6, Category 6A), Vertical (IT & Telecommunications, Residential & Commercial, Government & Education), and Geography - Global Forecast to 2027
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