Pre-Terminated Cabling Systems - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Pre-Terminated Cabling System Market is accounted for $1.90 billion in 2019 and is expected to reach $4.38 billion by 2027 growing at a CAGR of 11.0% during the forecast period. Growing demand for transmission bandwidth and network reliability, the increasing establishment of data centers are some of the major factors propelling the growth of the market. However, the high implementation cost of pre-terminated systems and security issues related to optical networks are hampering the growth of the market.
Pre-terminated cabling systems contain factory manufactured cables and modular components with connectors already attached. All of the components have been tested, qualified and ready to plug-and-play in the network. Plug-and-play pre-terminated cabling systems can offer significant advantages over a field-installed system, which is why they use factory pre-terminated assemblies continues to grow as a percentage of total cabling installed, especially for data centers.
Based on the end-user, the enterprises & data centers segment is expected to grow at a significant market share during the forecast period as the network of cabling systems play a vital role in the smooth and faster transmission of voice, data, and video signals from one point to another or from one system to another by connecting two distinct user locations for sharing information. Pre-terminated solutions are used to provide a plug-and-play solution for links between switches, servers, patch panels, and zone distribution areas in data centers thereby driving the growth of this market for this vertical.
By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the rapid urbanization and infrastructure activities. Data centers in this region are undergoing a dramatic change owing to the digital transformation of businesses. An increase in public and private sector investments in infrastructure projects to meet the demand of several industries, such as enterprise, banking, telecom, and government, is expected to drive the growth of the market in the Asia Pacific region.
Some of the key players profiled in the Pre-Terminated Cabling System Market include Amphenol Corporation, Belden Inc, CommScope Holding Company, Inc, Corning Incorporated, HellermannTyton PLC, HUBER+SUHNER AG, Legrand SA, Nexans SA, Optical Cable Corporation, and TE Connectivity Ltd.
End Users Covered:
• Banking, Financial Services, & Insurance
• Energy & Utilities
• Enterprises & Data Centers
• Government & Defense
• IT & Telecom
• Media & Entertainment
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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