Portland, OR -- (SBWire) -- 12/15/2017 --Cables & connectors, along with cable assemblies, play a vital role in the integration mechanism of different systems and subsystems. The demand for reliable connectivity, high performance, and efficiency are boosting the growth of the cables & connectors market. Cables and connectors products help to ensure that data infrastructure performs flawlessly for its users at different times and multiple locations. They are used in diverse industries such as oil & gas, military & defense, energy & power, commercial, and others (civil, government and submarine communication). Global cables & connectors market is expected to grow at a CAGR of 11.1% from 2017 to 2023.
Based on installation, the market is bifurcated into internal and external cables & connectors. By product type, it is classified into HDMI, USB, VGA, DVI, CAT5/CAT6 cables & connector, and others. Based on the industry, it is segmented into military & defense, oil & gas, commercial, energy & power, and others (civil, government and submarine communication). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
The growth in data centers is expected to create numerous opportunities in the cables & connectors market.
The demand for reliable connectivity, high performance, and efficiency boosts the market growth.
Restraints:
Complex fault detection and removal process restrains the market growth.
Market Players:
Top market players profiled in the report are Amphenol Corporation, Molex Inc., Fujitsu Ltd., TE Connectivity Limited, Prysmian S.P.A., 3M Company, Nexans, Huawei Technologies Co. Ltd., Alcatel-Lucent (Nokia Corporation), and Axon Cable S.A.S.
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MARKET LANDSCAPE
By Installation Type
Internal
External
By Product Type
HDMI
USB
VGA
DVI
CAT5/CAT6
Others
By Industry Vertical
Military & Defense
Oil & Gas
Commercial
Energy & Power
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
Australia
China
Japan
India
Singapore
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
Rest of LAMEA
