The global LAN cable market size is expected to reach $32.36 Billion by 2028 growing at the CAGR of 16.04% from 2021 to 2028. A LAN cable is one of the hardware components used in a network to link peripheral devices to a router or modem switch, which then connects to a local server. These are copper cables that connect routers, modems, and switches to peripheral devices like laptops and computers. Ethernet, which is specified as IEEE 802.3, is a computer networking technology that is extensively used for local area networks (LANs). Although LAN cables provide connectivity to a limited region, multiple LANs can be linked together to form a broader network.
|Market Size (2020)||$32.36 Billion|
|CAGR (2021 to 2028)||16.04%|
|Market Classificationt||Type and Application|
|Key Companies Profiled||Black Box Corporation, Fiberstore (FS.COM Inc.), OTSCable.com Co Ltd., Infinite Electronics International Inc., Belden Inc., Hitachi Ltd., Nexans, DBA Primus Cable, Huzhou Shumai Cable Co Ltd, LEONI.|
|Key Countries/Regions Analyzed||US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America|
|Forecast Years||2022 to 2028|
The factors driving the growth of the global LAN Cable market include Easy connection and installation, increasing demand for high-speed data center. The growing number of infrastructure and construction projects is providing a chance for the LAN cable market to expand.
Easy connection and installation
LAN cables are simple to set up and use. Furthermore, minor connection issues, which are common in wireless technologies boosts their demand, which in turn accelerates the growth of the LAN cable market.
Increasing demand from high-speed data center
The need for e-learning, binge television, and fast data transmission devices has resulted in a huge demand for LAN cables and internet and network connectivity become essential for a company’s or industry’s growth. LAN cables give higher speed than alternative networking techniques such as Wi-Fi or Bluetooth technology, which drives their demand around the world and positively impacts market growth.
The factors such as the adoption of 5G in combination with private LTE and rising demand for wireless products, are limiting the LAN cable market’s growth.
Key Insight in the report:
The Global LAN Cable market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Product Benchmarking, and Opportunity Analysis.
The report covers extensive competitive intelligence which includes following data points:
- Business Overview
- Business Model
- Financial Data
- Financial – Existing
- Financial – Funding
- Product Segment Analysis and specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
LAN Cable Market Segmentation
The report covers market sizing and forecasting at the country level as well as at the segment level. LAN Cable Market is analyzed across below-mentioned different segments:
- Cat 6 Cable
- Cat 6a Cable
- Cat 7 Cable
- Cat 5 Cable
- Cat 5e Cable
- Home Use
- Office Use
- Industrial Use
North America dominates the LAN Cable market, due to the surge in use of high-reliability networks with low-security concerns. Furthermore, the North American Ethernet cable sector is expected to grow during the forecast period. The spike in demand for Internet of Things (IoT) systems in North America is projected to drive the Ethernet cable market in this region.
The Acupuncture Needles Market is analyzed across below mentioned region.
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
Acupuncture Needles Market Players:
- Black Box Corporation
- Fiberstore (FS.COM Inc.)
- com Co Ltd.
- Infinite Electronics International Inc.
- Belden Inc.
- Hitachi Ltd.
- DBA Primus Cable
- Huzhou Shumai Cable Co., Ltd
REPORT CONTENT BRIEF:
- High level analysis of the current and future LAN Cable market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- LAN Cable market historical market size for year 2020, and forecast from 2021 to 2028
- LAN Cable market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.