Press Releases
 
Forecast On North America Ethernet Cable Market Global Industry Analysis and Trends till 2022

The need for secure and high speed data transfer is expected to increase during the forecast period due to rise in incidences of security threats, data breaching, and rapid increase in Internet users. However, factors such as higher installation costs, and limited physical availability for connected devices are anticipated to restrain the market growth.

India, 30 March 2017 -- Ethernet Cable Market Report, published by Allied Market Research, forecasts that the Ethernet cable market size is projected to reach $376 million by 2022 from $121 million in 2015, growing at a CAGR of 17.7% from 2016 to 2022. The U.S. dominated the North America Premise Cable market in 2015, accounting for a market share of over 71%.

Ethernet Cable Market Report, published by Allied Market Research, forecasts that the Ethernet cable market size is projected to reach $376 million by 2022 from $121 million in 2015, growing at a CAGR of 17.7% from 2016 to 2022. The U.S. dominated the North America Premise Cable market in 2015, accounting for a market share of over 71%.

Access Full Summary at: https://www.alliedmarketresearch.com/north-america-ethernet-cable-market

Ethernet cable is defined as the network cable used to establish a network by connecting PCs, routers, switches, and others over a Local Area Network (LAN). These cables are used for data transmission over short and long distances through copper cables and fiber optic cables, thus, covering approximately a range of 100 meters to 2,000 meters. This market growth is supported by its unmatched benefits such as higher data transfer speed, increased reliability, and lower chances of interference from external factors. Presently, higher installation costs and tough competition from wireless technologies act as major restraints for the market growth. However, these restraints are expected to lose their impact shortly, owing to rapid technological advancements and various benefits such as Power-Over-Ethernet (PoE) in the Ethernet cable market.

By subsystem segment, Ethernet cable types are covered under the scope of the report, where copper cables held the largest market share of 62% in 2015 and are estimated to grow at a CAGR of 15.2% during the forecast period. Fiber-optic Ethernet cables are gaining popularity due to the rise in demand for high-speed data transfer over long distances. Hence, it is expected to exhibit significant growth during the forecast period and attain a value of $175 million by 2022.

Geographically, the North American Ethernet cable market is analyzed based on its geographical distribution across the U.S., Canada, and Mexico. The U.S. market acquires a dominant share amongst the mentioned countries and is expected to reach a value of $253 million by 2022, owing to the increase in demand for data storage and various government initiatives in oil & gas industries. Canada is also estimated to be the fastest growing region that will grow substantially at a CAGR of 20.1% during the forecast period because of the rapid increase in industrialization and high Internet penetration.

Key findings of the Ethernet Cable Market

Broadcast segment is expected to grow at the highest CAGR of 20.4% from 2016 to 2022.
Copper Cables held the major market share of around 62% in 2015, while share of fiber-optic cables is expected to grow to 47% by 2022, owing to the increase in need of high speed networks.
The U.S. accounted for the highest revenue, dominating the market in 2015, accounting 71.0% of total revenue.
The key players profiled in the report are Belden Inc., Nexans, Anixter International Inc., General Cable Technologies, Alpha Wire, The Siemon, Schneider Electric SE, Siemens AG, Hitachi Ltd., and Prysmian Group.

# # #


Submitted by Allied Market Research, Allied Market Research on Thursday, 30 March 2017 at 1:16 PM
Category: Science & Research
 
Related News

KnoxTennDrones.com launches their newly upgraded website
Sunday, 23 Apr 2017

KnoxTennDrones.com launches their newly upgraded website
Sunday, 23 Apr 2017

Global Bio-MEMS Market
Friday, 21 Apr 2017

Market Report on Sodium Sulfide Worth 1,157 KT by 2024
Wednesday, 19 Apr 2017

Digital Textile Printing Inks Market Analysis & Forecast 2015-2023
Wednesday, 19 Apr 2017

Related Events

Argus Asian Petroleum Coke 2017
Tuesday, 25 Apr 2017

Cybersecurity Strategy Briefing
Thursday, 4 May 2017

Argus North American Natural Gas Markets
Monday, 8 May 2017

Nuclear Industry Forum, London, 2017
Monday, 15 May 2017

The Future Impact of Artificial Intelligence (AI) and Chatbots
Thursday, 15 Jun 2017

Latest News

Non-ionizing Radiation/EMF Detection, Measurement, and Safety Market: Shipment Volume to Cross 547.3
Tuesday, 25 Apr 2017

"YPO Innovation Week" Gathers Innovators for Disruptive Business Models Event in Hong Kong
Tuesday, 25 Apr 2017

Global Mobile Payment Technologies Market: Proximity Payment Methods to Shine Bright throughout Fore
Tuesday, 25 Apr 2017

Exploration & Production (E&P) Software Market - North America to Lead Global Market as Investments
Tuesday, 25 Apr 2017

Energy Recovery Ventilators Market is expected to expand at an impressive CAGR of 10.20% by 2024
Tuesday, 25 Apr 2017

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2017
Today is Tuesday, 25 April 2017

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • World Congress on Maternal Fetal Neonatal Medicine
  • 85th EAS Congress - European Atherosclerosis Society
  • Leveraging Customer Contact as a Strategic Asset: Customer Contact, East
  • Radiology in Venice
  • 6th Digital Marketing for Medical Devices West

  • Latest Jobs
  • London Investment Property
  • We Are Hiring A Content Manager!