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2022
Ethernet Cable Market

Ethernet Cable Market

by Type (Copper Cable and Fiber Optic Cable), Cable Type (Unshielded Twisted Pair and Shielded Twisted Pair), Cable Category (CAT 5E, CAT 6, CAT 6A, CAT 7, CAT 8, and Others), and Application (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2030

✷  Report Code: A01428
Pages: 230
Feb 2022 | 22796 Views
Author(s) : N N Kundan , Vineet Kumar
Tables: 138
Charts: 62
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COVID-19

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The global ethernet cable market size was valued at $10.49 billion in 2020, and is projected to reach $29.23 billion by 2030, registering a CAGR of 11.3% from 2021 to 2030. Ethernet cable is a part of networking system that allows multiple computers to connect to a single network, making device communication easier. Ethernet is a global standard for a system of wires and connections used to connect various computers, devices, and machines over a single network in an organization. Networking cables are used to link one network device to another or to connect more than two computers to share a printer, scanner, or other device. Depending on design, protocol, and scale of the network, different class of network cables such as optical fiber cable, coaxial cable, and twisted pair cables are utilized.

The commercial segment has been negatively impacted by the COVID-19 pandemic outbreak.

Growth of the global ethernet cable market size is anticipated to be driven by factors such as surge in demand for high-speed internet facility, increase in application of automation across industries, and reliable performance of ethernet cables. In addition, rapid urbanization in developing economies leads to an increase in data consumption, which drives the overall market growth. However, high initial cost acts as a major restraint for the global ethernet cable industry. On the contrary, surge in demand for ethernet cable from the industrial sector is expected to create lucrative opportunities for the ethernet cable market players during the forecast period.

The global ethernet cable market share is segmented on the basis of type, cable type, cable category, application, and region. By type, the market is classified into copper cable and fiber optic cable. On the basis of cable type, it is fragmented into unshielded twisted pair and shielded twisted pair. By cable category, it is divided into CAT 5E, CAT 6, CAT 6A, CAT 7, CAT 8, and others. By application, it is categorized into residential, industrial, and commercial.

Region wise, the ethernet cable market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America dominated the ethernet cable market share in 2020, and is projected to register significant growth rate during the forecast period, owing to growth in the fiber optic cable segment. However, Asia-Pacific is expected to witnesses significant growth by the end of the forecast period, followed by LAMEA.    

Leading ethernet cable market manufacturers such as, Belden Inc., Prysmian Group, Nexans S.A., and Schneider Electric S.E. are focusing on their investments on technologically advanced, cost-effective, and more secure products and solutions for various applications.

Top Impacting Factors

Prominent factors that impact the ethernet cable market growth include surge in demand for high speed & low latency technology and easy installation & connection feature offered by ethernet cable. In addition, high reliability and low security threats offered by ethernet cable boost the overall market growth. However, high installation cost and limited physical availability for devices restricts the market growth. On the contrary, rise in demand for power over ethernet (PoE) in industries are expected to create lucrative opportunities for the market.

Competition Analysis

Competitive analysis and profiles of the major ethernet cable market players such as Belden Inc., Prysmian Group, Leviton Manufacturing Co. Inc., the Siemon Company, SAB Brockskes GmbH & Co. KG, Nexans S.A., Southwire Company LLC, Hitachi, Ltd., SIEMENS AG, and Schneider Electric S.E. have been covered in the report.

Ethernet Cable Market
By Type

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Fiber Optic Cable segment is expected to secure leading position during forecast period.

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Covid-19 Impact Analysis

The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are expected to remain closed in first quarter of 2022. Furthermore, partial or complete lockdown has disrupted global supply chain posing challenges for manufactures to reach customers.

The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the overall business globally. The crisis is creating uncertainty in the stock market and is resulting in falling business confidence, massive slowing of supply chain, and increasing panic among customers.

Ethernet Cable Market
By Application

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Commercial segment is projected as one of the most lucrative segments.

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Asian and European countries under lockdowns have suffered major loss of business and revenue, owing to shutdown of manufacturing units. Operations of the production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease, which further impacted growth of the ethernet cable market size.

In addition, the COVID-19 pandemic has impacted the electronics sector as production facilities have stalled, which, in turn, boosts demand for electronics and semiconductor products in these industries. Its major impact includes a large manufacturing interruption across Europe and interruption in Chinese parts exports, which hinders the ethernet cable market opportunity. It is expected that the demand for new and innovative products could surge once the economy begins to recover. Companies are looking forward to invest in next-generation products using new technologies as it is expected to boost its goodwill, once customer demand surges.

Ethernet Cable Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 13.7% during 2021-2030

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global ethernet cable market size along with current trends and future estimations to depict imminent investment pockets.
  • The overall ethernet cable market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current ethernet cable market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the ethernet cable market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Ethernet Cable Market Report Highlights

Aspects Details
BY TYPE
  • Copper cable
  • Fiber optic cable
BY CABLE TYPE
  • Unshielded Twisted Pair
  • Shielded Twisted Pair
BY CABLE CATEGORY
  • CAT 5E
  • CAT 6
  • CAT 6A
  • CAT 7
  • CAT 8
  • Others
BY APPLICATION
  • Residential
  • Industrial
  • Commercial
BY REGION
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, Italy, France, Rest of Europe)
  • Asia-Pacific  (China, Japan, Australia, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
By KEY PLAYERS
  • Belden Inc.
  • Prysmian Group
  • Leviton Manufacturing Co. Inc.
  • The Siemon Company
  • SAB Brockskes GmbH & Co. KG
  • Nexans S.A.
  • Southwire Company LLC
  • Hitachi Ltd.
  • SIEMENS AG
  • Schneider Electric S.E.
 

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The global ethernet cable market is flourishing at a rapid pace. However, high installation cost is still a concern for new entrants. Market players are generously investing in R&D activities to develop improved solutions to reduce overall costs of ethernet cable products. In addition, according to industry experts, it is essential to optimize affordable prices for ethernet cable products for long-term growth.  

Growth of the global ethernet cable market is anticipated to be driven by factors such as surge in demand for high-speed internet facility, increase in application of automation across industries, and reliable performance of ethernet cables. In addition, rapid urbanization in developing economies leads to increase in data consumption, which drives the overall market growth. However, high initial cost acts as a major restraint for the global ethernet cable industry. On the contrary, surge in demand for ethernet cable from the industrial sector is expected to create lucrative opportunities for the ethernet cable market during the forecast period.

Key players of the market focus on introducing technologically advanced products to remain competitive in the market. Partnership, acquisition, and product launches are expected to be the prominent strategies adopted by the market players. North America accounted for a major share of the market in 2020, owing to the presence of major players in the region; However, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of ethernet cable market in a variety of fields.  

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