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2022
Premise Cable Market

Premise Cable Market

by Type (Copper Cable, Fiber Optic Cable), by Cable Type (CAT5E Cables, CAT6 Cables, CAT6A Cables, CAT7 Cables, CAT8 Cables, Others), by Application (Industrial, Broadcast, Enterprise, IT and Network Security, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

Report Code: A05768
Pages: 233
Mar 2022 | 5969 Views
Author(s) : Himanshu J , Vineet K
Tables: 150
Charts: 62
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Premise Cable Market Research, 2030

The global premise cable market was valued at $6.2 billion in 2020 and is projected to reach $15.8 billion by 2030, growing at a CAGR of 9.9% from 2021 to 2030.

Premise cables are copper cables or optical fiber used in on-premise wiring to construct telecommunication transmission lines. These wirings are made of vertical and horizontal cables that travel from point of entry to the user workspaces, for instance, from a central place such as server room across building to individual PCs. CAT5e and CAT6 are typical local area network cables used for premise wiring, having copper as a core. Premise Cable Market Opportunity

The global premise cable market is significantly affected by the emergence of COVID-19, owing to the shutdown of manufacturing units globally. However, the market is expected to register significant growth in the coming years due to the adoption of data communication solutions in regions worldwide.

In addition, category cables are the most common type of premise cable solution used for LAN wall outlets. Furthermore, Cat 5e or Cat 6, in particular, are low-cost methods of transmitting data efficiently and more quickly. Moreover, premise cable methods experience a surge in demand for 3D printed solutions across industrial, residential, and commercial sectors, owing to the rise in deployment of 3D technology, thereby driving the market growth. 

The premise cable market is expected to witness notable growth during the forecast period, owing to growth in demand for data communication solutions. Furthermore, the rise in development in premise cable solutions has driven the growth of the market. Moreover, easy installation and connections of premise cable are expected to propel the premise cable market size during the forecast period.

However, the negative impact related to the Internet of Things is one of the prime factors restraining the market growth. On the contrary, the surge in demand for high-speed connectivity devices and systems is expected to provide lucrative opportunities for the premise cable market growth during the forecast period. 

The outbreak of COVID-19 significantly impacted the growth of the premise cable market outlook in 2020, owing to a significant impact on prime players operating in the premise cable supply chain. However, the rise in penetration of premise cable solutions in the residential sector during COVID-19 has significantly boosted the growth of the premise cable industry during pandemics. On the contrary, the market was hampered by the COVID-19 pandemic, including factors such as lack of skilled workforce availability and delay or cancelation of projects, due to partial or complete lockdown across the globe. Furthermore, the surge in the adoption of smart infrastructure solutions across commercial and industrial sectors strengthens the premise cable market opportunity. 

The premise cable market forecast is analyzed on the basis of type, application, and country. Depending on the type, it is fragmented into copper cable and fiber-optic cable Fiber-optic cable segment dominated the market during 2020, owing to high demand for premise cable solutions.

Premise Cable Market
By Type

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Copper cable segment hold domination position in 2020.

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Based on, cable type, the market is segmented into Cat 3 Cat 5E Cable, Cat 6 Cable, Cat 6A Cable, CAT 7 Cable, CAT 8 Cable, and Others. The Cat7 cable dominated the market in 2020 and is expected to witness relatively high demand in the coming years.

Premise Cable Market
By Cable Type

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CAT7 cables segment generated the highest revenue in 2020.

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According to the application, it is categorized into industrial, broadcast, enterprise, IT & network security, and others. Enterprise segment acquired the largest Premise cable market share in 2020 however, the healthcare segment is expected to grow at a high CAGR from 2021 to 2030.

Premise Cable Market
By Application

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Industrial segment influence the market in 2020, and expected to follow the same in future.

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Region-wise, the premise cable market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America, specifically U.S., remains a significant participant in the global premise cable industry. This is attributed to the fact that major organizations and government institutions in the country are intensely putting resources into the technology, which is anticipated to open new avenues for the expansion of the market.  

TOP IMPACTING FACTORS

Significant factors that impact the growth of the Premise cable industry include development in premise cable solutions along with easy installation and connections of premise cable. Moreover, growth in demand for data communication solutions is expected to drive the market growth during the forecast period. However, the negative impact related to the Internet of Things hinders market growth. Conversely, the surge in demand for high-speed connectivity devices and systems is offering significant growth opportunities for the market growth,

COMPETITION ANALYSIS

Competitive analysis and profiles of the major premise cable market players, such as CommScope, Belden Inc., General Cable Technologies Corporation, Hitachi, Ltd., HellermannTyton, Nexans, Prysmian Group, Schneider Electric, Siemens AG, and The Siemon Company are provided in this report

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the premise cable market analysis from 2020 to 2030 to identify the prevailing premise cable market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • An in-depth analysis of the premise cable market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global premise cable market trends, key players, market segments, application areas, and market growth strategies.

Premise Cable Market Report Highlights

Aspects Details
By Type
  • Copper Cable
  • Fiber Optic Cable
By Cable Type
  • CAT5E Cables
  • CAT6 Cables
  • CAT6A Cables
  • Others
  • CAT7 Cables
  • CAT8 Cables
By Application
  • Industrial
  • Broadcast
  • Enterprise
  • IT and Network Security
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (United Kingdom, Germany, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest Of Asia Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Anixter International Inc., Belden Inc., General Cable Technologies Corporation, Hellermanntyton Group, Hitachi, ltd., Nexans, Prysmian Group, Schneider Electric, Siemens AG, The Siemon Company
 

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Premise cable improves wiring that is used to provide network or data to users within a building. These cables are used for short-distance data transmission, within the premises. In addition, the surge in demand for artificial intelligence, the Internet of Things, and digital infrastructure solutions across the residential and commercial sectors drive the growth of the market across North America in the coming years.

The premise cable market is highly competitive, owing to the strong presence of existing vendors. premise cable vendors who have access to extensive technical and financial resources are anticipated to gain a competitive edge over their rivals, due to the fact that they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with an increase in technological innovations, product extensions, and different strategies adopted by key vendors.

The surge in the adoption of premise cable in the residential sector, owing to the emergence of COVID-19 significantly boost the growth of premise cable solutions. Moreover, countries including the U.S. and Canada plan to develop and deploy next-generation premise cable solutions across various sectors.

Among the analyzed countries, the U.S. exhibits the highest adoption rate of image sensors. Conversely, North America is expected to grow at a faster pace, due to emerging countries, including Mexico.

Various key players and government agencies operating in premise cable are investing in next generating data and communication solutions to make them compatible with various industrial platforms. For instance, in November 2021, AFL, an international manufacturer of fiber-optic cable, announced it remises micro core cable family to include low smoke zero halogen (LSZH) indoor/outdoor microcore and low smoke zero halogen indoor/outdoor microcore with spiderweb ribbon technology, which is expected to provide lucrative growth opportunities for the market growth. 

The key players profiled in the report include CommScope, Belden Inc., General Cable Technologies Corporation, Hitachi, Ltd., HellermannTyton, Nexans, Prysmian Group, Schneider Electric, Siemens AG, and The Siemon Company.

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FREQUENTLY ASKED QUESTIONS?

A. Industrial is the leading application of Premise Cable Market in 2020.

A. The surge in demand for high-speed connectivity devices and systems across industry and enterprise sectors is significantly distributing twards the growth of premise cable in coming years.

A. The premise Cable market was valued at $6.2 billion in 2020 and is projected to reach $15.7 billion by 2030.

A. North America especially the U.S., is the largest regional market for premise cable.

A. CommScope, Belden Inc., General Cable Technologies Corporation, Hitachi, Ltd are some of the top companies to hold the market share in premise cable.

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