North America patch cables expected to grow with the CAGR of 10.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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North America patch cables market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America patch cables market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in June 2020, Black Box Network Services launched new family of Networking Active Optical Cables (AOC) optimized for data center and edge network applications. The series includes SFP+ 10Gbps, SFP28 25Gbps, QSFP+ 40Gbps, and QSFP28 100Gbps AOC products. The new active optical cables are lower-cost, high-speed interconnectivity solutions. This product launch helped the company to generate more revenue.
COMMSCOPE is the dominating player in North America patch cables market. The other key players existing in the market includes Schneider Electric, Black Box Network Services, Corning Incorporated, CP Technologies, Legrand North America, LLC, QUBBIN WIRE & CABLE CO,INC., Panduit, Prysmian Group, NEXANS and Fibertronics Inc, among others.
Commscope is headquartered in North, Carolina and was established in year 1976. The company is engaged in developing communications technology to create the world’s most advanced networks. The company operates in connectivity solutions, mobility solutions, customer premises equipment, network and cloud, ruckus out of which connectivity solutions is market focused segment. The company offers wide range of product categories such as power antennas, broadband & access network systems, broadband & video devices, cabinets, panels & enclosures, cable assemblies, cable management, cables, connectors, enterprise networking |ruckus, faceplates & boxes, in-building cellular systems, networking systems, splitters, combiners & multiplexers, structural support, tools & accessories, video processing, security & delivery system out of which cable assemblies is trackable segment
The company has wide global presence across Europe, North America, Asia, Latin America and Middle East & Africa with its various subsidiaries such as Arris International (U.S), Andrew Corporation (U.S), Cable Devices, Inc. (U.S), Alifabs Cabinets and Ancillaries Limited (U.K), CommScope Czech Republic (Czech Republic) and others.
Nexans is headquartered in Paris, France. The company is engaged in designing manufacturing cables and cabling solutions for transmitting power and information. The company product in the following categories such as CPR Cables for general use, communication, energy infrastructure, sector specific cables, fire resistant cables <1kv, flexible cables, automation, power accessories out of which communication segment is trackable.
The company has wide global presence across Americas, Europe, Middle East & Africa, Asia-Pacific and generates revenue from subsidiaries such as Olex Australia Pty Ltd (Australia), Euromold NV (Belgium), Amercable Incorporated (U.S.), Kukdong Electric Wire Co., Ltd. (Busan), Autoelectric Of America, Inc. (U.S.) among others.
Prysmian Group, headquartered in Milan, Italy was founded in 1879. The company engaged in manufacturing optical fibres, copper cables and connectivity systems for voice, video and data transmission for the telecommunications sector. The company operates in projects, energy, telecom segments out of which project is market focused segment. The company provides utilities & power grids, telecoms, construction & infrastructures, transportation & mobility industries, asset monitoring systems & electronics out of which telecoms is market focused product category.
The company has presence across the globe in North America, South America, Europe, Middle East and Africa, Asia region. In addition to it, the company also generates its revenue from the various subsidiary companies such General Cable (U.S).
North America Patch Cables Market – Industry Trends and Forecast to 2027