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North America Patch Cables Market – Industry Trends and Forecast to 2030

Semiconductors and Electronics

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North America Patch Cables Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2023
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Patch Cables Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 2,300.00 USD Million
Diagram Market Size (Forecast Year) USD 4,200.00 USD Million
Diagram CAGR %

Major Markets Players

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North America Patch Cables Market, By Product Type (Copper Cable and Fiber Optic), Cable Category (CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, Multimode Optical Fiber, RG6, and Others), Application (Networking and Non-Networking), End Use (Industrial, Enterprise, Broadcast, IT & Network Security, and Others) – Industry Trends and Forecast to 2030.

North America Patch Cables Market

North America Patch Cables Market Analysis and Size

Data Bridge Market Research analyzes that the North America patch cables market, which was USD 2,300.00 million in 2022, would rocket up to USD 4,200.00 million by 2030 and is expected to undergo a CAGR of 7.99% during the forecast period.

Patch cable, also known as patch cord, is used to connect a power supply to an end device for signal routing. It carries telephonic, audio, and video signals between non-networked devices, such as headphones and microphones. It is shorter than other conventional networking cables and widely available in numerous colors. At present, a surge in the need for data transfer and networking in all commercial activities is catalyzing the demand for patch cables across the globe.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

North America Patch Cables Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Year

2021 (Customizable to 2015 – 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, and Pricing in USD

Segments Covered

By Product Type (Copper Cable and Fiber Optic), Cable Category (CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, Multimode Optical Fiber, RG6, and Others), Application (Networking and Non-Networking), End Use (Industrial, Enterprise, Broadcast, IT & Network Security, and Others)

Countries Covered

U.S., Canada, and Mexico

Market Players Covered

Schneider Electric (France), COMMSCOPE (U.S.), Black Box Network Services (U.S.), Corning Incorporated (U.S.), CP Technologies (U.S.), Legrand North America, LLC (U.S.), QUBBIN WIRE & CABLE CO,INC. (U.S.), Panduit (U.S.), Prysmian Group (Italy), NEXANS (France), and Fibertronics Inc (U.S.) among others

Market Opportunities

  • Growing IT and Telecommunications Sector
  • Data Centres and Cloud Services
  • Upgrades to Higher Network Speeds

Market Definition

Patch cables, also known as patch cords or patch leads, are short cables used to connect electronic devices, such as computers, servers, switches, routers, and audio/video equipment. These cables typically have connectors at both ends, such as RJ45 connectors for Ethernet patch cables or RCA connectors for audio/video patch cables. The market encompasses various types of patch cables, including copper-based cables (such as CAT5E, CAT6, CAT6A, and CAT7) and fiber optic cables (such as single-mode and multi-mode cables). Patch cables are available in different lengths and colors to suit specific application requirements.

North America Patch Cables Market Dynamics

Drivers

  • Increasing Demand for High-Speed Data Transmission

With the continuous growth in data consumption and the need for faster and more reliable network connections, there is a rising demand for high-speed data transmission solutions. Patch cables play a crucial role in establishing these connections, enabling the efficient transfer of data. The growing demand for high-speed internet, cloud services, video streaming, and other bandwidth-intensive applications are expected to drive market growth.

  • Advancements in Networking Technologies

Technological advancements in networking infrastructure and protocols are driving the demand for advanced patch cables. For instance, the deployment of higher Ethernet standards, such as CAT6, CAT6A, and CAT7 cables, allows for faster data transfer rates and improved performance. As new networking technologies emerge, there is a need for patch cables that can support these advancements, leading to increased market demand.

  • Growth of IT ad Telecommunications Sector

The IT and telecommunications sector in North America continues to expand, driven by factors such as increasing internet penetration, the proliferation of mobile devices, and the demand for efficient communication networks. Patch cables are essential components of network infrastructure in these sectors, used for connecting servers, switches, routers, and other networking equipment. The growth of the IT and telecommunications sector directly contributes to the demand for patch cables.

Opportunity

  • Rise of e-Commerce and Online Retail

The rise of e-commerce and online retail provides an opportunity for market growth. As e-commerce continues to thrive, warehouses, distribution centers, and office spaces require reliable network connectivity for data transfer, inventory management systems, and point-of-sale devices. Patch cables are crucial components for establishing stable connections in these environments. Companies that can provide robust and secure patch cable solutions tailored to the specific needs of the e-commerce sector can tap into this market opportunity.

Restraints/Challenges

  • Rapidly Evolving Technology Landscape

Networking technologies continue to advance, and new standards and specifications for patch cables are introduced that require patch cable manufacturers to stay updated with the latest trends and invest in R&D to develop cables that comply with these new standards. The rapidly evolving technology landscape and adapting to changing technology requirements are expected to restrain market growth.

  • Increase in the Popularity of Wireless Communication Technologies

The proliferation of wireless networks, Wi-Fi connectivity, and the adoption of wireless devices and technologies are expected to pose a challenge to market growth. While wired connections still hold an advantage in terms of reliability and security, the growing preference for wireless solutions in certain applications are expected to limit the growth potential of the market.

Recent Developments

  • In May 2023, COMMSCOPE released the ServAssure Profile Optimizer, an AI-powered software that enhances broadband operators' services by increasing network capacity, improving performance, and reducing operational costs. It analyzes data from access networks to generate DOCSIS 3.1 modulation profiles, resulting in improved stability and higher performance for broadband operators.
  • In February 2023, Schneider Electric was appointed as the official Sustainability Partner for ELECRAMA 2023, the premier exhibition organized by the Indian Electrical and Electronics Manufacturers Association (IEEMA). ELECRAMA is the largest gathering of the power sector ecosystem in India. Through this partnership, Schneider Electric aims to further its dedication to creating a More Electric and More Digital world, as it believes that this transformation is crucial for building a sustainable and resilient future.

North America Patch Cables Market Scope

The North America patch cables market is segmented into four notable segments based on product type, cable category, application, and end use. The growth amongst these segments will help you analyze meager 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.

Product Type

  • Copper Cable
  • Fiber Optics

Cable Category

  • CAT3
  • CAT5
  • CAT5E
  • CAT6
  • CAT6A
  • CAT7
  • Multimode Optical fiber
  • RG6
  • Others

Application

  • Networking
  • Non-Networking

North America Patch Cables Market Regional Analysis/Insights

The North America patch cables 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 this market report are U.S., Canada, and Mexico.

The U.S. is expected to dominate the North America patch cables market due to several factors such as the U.S. having a large and technologically advanced telecommunications infrastructure, creating a high demand for patch cables. In addition, the U.S. is home to several major technology companies and data centers, which further drives the need for patch cables. Furthermore, the U.S. has a competitive market with numerous manufacturers and suppliers offering a wide range of patch cable products. This combination of factors positions the U.S. as a dominant player in the market.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Semiconductor Infrastructure Growth Installed Base and New Technology Penetration

The North America patch cables market also provides you with a detailed market analysis for every country’s growth in technology expenditure for capital equipment, installed base of different kinds of products for the market, the impact of technology using lifeline curves, and changes in semiconductor regulatory scenarios and their impact on the market. The data is available for the historic period 2010-2020.

Competitive Landscape and North America Patch Cables Market Share Analysis

The North America patch cables market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major market players operating in the North America patch cables market are:

  • Schneider Electric (France)
  • COMMSCOPE (U.S.)
  • Black Box Network Services (U.S.)
  • Corning Incorporated (U.S.)
  • CP Technologies (U.S.)
  • Legrand North America, LLC (U.S.)
  • QUBBIN WIRE & CABLE CO,INC. (U.S.)
  • Panduit (U.S.)
  • Prysmian Group (Italy)
  • NEXANS (France)
  • Fibertronics Inc (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The North America Patch Cables Market will be worth USD 4,200.00 million by 2030.
The North America Patch Cables Market is expected to grow at a CAGR of 7.99% during the forecast period.
The Growth of IT ad Telecommunications Sector, Advancements in Networking Technologies and Increasing Demand for High-Speed Data Transmission are the Growth Drivers of the North America Patch Cables Market.
The product type, cable category, application, and end use are the factors on which the North America Patch Cables Market research is based
The lastest Development in the North America Patch Cables Market are the COMMSCOPE released the ServAssure Profile Optimizer, an AI-powered software that enhances broadband operators' services by increasing network capacity, improving performance, and reducing operational costs and Schneider Electric was appointed as the official Sustainability Partner for ELECRAMA 2023, the premier exhibition organized by the Indian Electrical and Electronics Manufacturers Association (IEEMA).
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