LAN Cable Industry Segments Analysis and Opportunities 2027
Global LAN
Cable Industry is
expected to reach USD 7,751.2 Million by 2025 at a CAGR of 5.02% during the
forecast period. Market Research Future (MRFR), in its
report, envelops segmentation and drivers to provide a better glimpse of the
market in the coming years. A LAN Cable is an electronic device that is used to
detect several types of gases to measure gas concentration and levels of
toxicity. LAN Cables used for applications in industrial processes,
environmental monitoring, aerospace and defense, automotive exhaust and transportation,
smart cities and smart homes, HVAC applications, among others.
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The Key Players of the Global LAN Cable
Market are Black Box Corporation (US), Fibrestore (FS.COM Inc.) (US),
OTSCable.com Co Ltd. (China), Infinite Electronics International Inc. (US),
Belden Inc. (US), Hitachi Ltd. (Japan), Nexans SA (France), DBA Primus Cable
(US), Huzhou Shumai Cable Co., Ltd. (China), LEONI AG (Germany), and General
Cable Technology Corporation (US).
- In August 2019, L-COM launched Cat6 and Cat6a Plenum
+105°C, 28AWG, shielded, slim Ethernet patch cords that are designed to
offer solutions for high-density patching applications and for
applications that require a smaller, more flexible cable. It has a
temperature range of -20°C to +105°C that allows it to be used in
high-temperature applications.
- In September 2018, FS.COM Inc. expanded its presence in
Singapore to provide door-to-door services to customers in Malaysia,
Indonesia, Thailand, and the Philippines for cables and accessories. This
expansion also helped the company strengthen its presence in the
South-East Asian market.
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Segmental Analysis
Global LAN Cable Market has been segmented based on Type,
Application, and Region.
Based on Type, the
market has been classified into CAT 6 Cable, CAT 6A Cable, CAT 7 Cable, CAT 5E
Cable, and CAT 5 Cable. These categories have different levels of performance
and thus affect the purchase of appropriate cable for the right application.
The CAT 6 cable accounted for the largest market share of 30.5% in 2018,
followed by CAT 6A cable. Further, the CAT 7 cable is expected to register the
highest CAGR of 6.3% during the forecast period. CAT 7 cables are used for
the cabling infrastructure of gigabit Ethernet. It offers performance up to
600MHz. These cables are mostly used for wiring in smart homes. These cables
differ from preceding Ethernet cable standards, including CAT 5 and CAT 6, in
several ways. However, one of the greatest advantages of CAT 7 cables is the
shielding of its twisted pairs, which significantly improve noise resistance.
Moreover, these are highly durable and have a longer lifespan than CAT 5 and
CAT 6 cables.
By
Application, the Global LAN Cable Market is segmented into home use, office
use, and industrial use. LAN cables can deliver internet data or information to
the end-users via physical RJ45 patch cables, behaving similarly to an Internet
cable. The office use segment accounted for the largest market share of 41.1%
in 2018. On the other hand, the industrial use segment is expected to register
the highest CAGR of 5.8%. LAN cables have significant applications in homes and
offices. However, the use of these cables is increasing in the industrial
sector. Using LAN cables, many manufacturing plants are connected to the
Internet. The ability to access a single part of a network reduces downtown
periods and ensures continued productivity. The primary failure of this cable
is related to signal transmission issues, which are directly related to the
quality of materials and manufacturing processes. LAN cables help the
manufacturing experts to enable the development of customized solutions to
overcome a client’s challenges by connecting to a high range network.
The global LAN cable market, by region, has been segmented into
North America, Europe, Asia-Pacific, and the Rest of the World. North
America accounted for the largest market value of USD 1,917.9 million
in 2019 and is expected to register a CAGR of 4.8% during the forecast period.
Asia-Pacific is projected to register the highest CAGR of 5.8%.
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