Global Patch Cable Market, By Product Type (Copper Cable, Fiber Optic), Cable Category (CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, Multimode Optical Fiber, RG6, Others), Application (Networking, Non-Networking), End Use (Industrial, Enterprise, IT and Network Security, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Patch cables are being used more frequently in residential and commercial settings because of their low latency and noise interference, simple installation, and dependability, which is boosting the industry. These factors have further prompted the acceleration of the growth rate of the global patch cable market.
Global patch cable market was valued at USD 3.17 billion in 2021 and is expected to reach USD 7.10 billion by 2029, registering a CAGR of 10.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Product Type (Copper Cable, Fiber Optic), Cable Category (CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, Multimode Optical Fiber, RG6, Others), Application (Networking, Non-Networking), End Use (Industrial, Enterprise, IT and Network Security, Others)
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Market Players Covered
The Black Box Co. (U.S.), CommScope (U.S.), HIROSE ELECTRIC CO., LTD. (Japan), Ratioplast-Electronics (Germany), Corning Incorporated (U.S.), CP Technologies LLC (U.S.), Prysmian S.p.A (Italy), Legrand Group (France)., Major Custom Cable (U.S.), TE Connectivity (Switzerland), Radiall (France), Delaire USA (U.S.), Belden Inc. (U.S.), Panduit (U.S.), RS COMPONENTS PTE LTD (U.K.), 3M (U.S.), Nexans (France), LEONI AG (Germany), Glenair, Inc. (U.S.), Extron (U.S.), and CommScope (U.S.), among others
A power supply and an end device are linked together using a patch cable, also known as a patch cord, to route signals. Between non-networked devices like headphones and microphones, it transports telephonic, audio, and video signals. It is easily accessible in a wide range of colours and is shorter than other traditional networking cables.
Patch Cable Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Numerous Applications of Patch Cable Across Sectors
Networking and data transfer are now fundamental components of all commercial activity in business, broadcast, and other industries. Daily data production from these commercial activities is significant and must be securely exchanged between devices. Thus, the networking and non-networking connections in industries are where the global patch cable market finds application. Additionally, residential, institutional, healthcare, IT and network security, and enterprise users require patch cables due to their ease of installation, security, and array of advantages over alternative connecting methods. Through quick data transfers, they improve connected devices' performance. These cables also provide a number of advantages, including reliability, minimal noise interference, low latency, and ease of installation.
Furthermore, the development of the 5G network fuels the market growth. The architecture of the core and routing networks is connected to the equipment inside the radio access network (RAN) domain using patch connections. One of the main factors propelling the market is the increasing demand for high-speed networks in manufacturing facilities to analyze real-time data, enhance production processes, and provide secure as well as smooth data transmission.
- Growing Penetration and Technological Advancements
The growing penetration of fiber to the x (FTTx) are estimated to generate lucrative opportunities for the market, which will further expand the patch cable market's growth rate in the future. Additionally, the technological advancements in healthcare, telecommunication, and administrative sectors will also offer numerous growth opportunities within the market.
- Negative Impact of Technology
The negative impact of Internet-of-things is serving as a market restraint. The price range at hotels and bars, bartenders mix tequila with patch cable, is expected to obstruct market growth.
- High Patch Cable's Attenuation
The main drawback is that patch cable's attenuation is higher than average. This factor is projected to be challenge for the patch cable market over the forecast period.
This patch cable market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the patch cable market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Patch Cable Market Scope
The patch cable market is segmented on the basis of product type, cable category, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Copper Cable
- Fiber Optic
- Multimode Optical Fiber
- IT and Network Security
Patch Cable Market Regional Analysis/Insights
The patch cable market is analyzed and market size insights and trends are provided by country, product type, cable category, application and end use.as referenced above.
The countries covered in the patch cable market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the patch cable market during the forecast period of 2022 to 2029 because of the development of data center along with introduction of 5G network within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of high speed connectivity devices within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Patch Cable Market Share Analysis
The patch cable market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to patch cable market.
Some of the major players operating in the patch cable market are
- The Black Box Co. (U.S.)
- CommScope (U.S.)
- HIROSE ELECTRIC CO., LTD. (Japan)
- Ratioplast-Electronics (Germany)
- Corning Incorporated (U.S.)
- CP Technologies LLC (U.S.)
- Prysmian S.p.A (Italy)
- Legrand Group (France)
- Major Custom Cable (U.S.)
- TE Connectivity (Switzerland)
- Radiall (France)
- Delaire USA (U.S.)
- Belden Inc. (U.S.)
- Panduit (U.S.)
- RS COMPONENTS PTE LTD (U.K.)
- 3M (U.S.)
- Nexans (France)
- LEONI AG (Germany)
- Glenair, Inc. (U.S.)
- Extron (U.S.)
- CommScope (U.S.)