The global patch cable market size reached US$ 3.1 Billion in 2023. Looking forward, the market is projected to reach US$ 5.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.79% during 2023-2032.
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 need for data transfer and networking in all commercial activities is catalyzing the demand for patch cables across the globe.
In addition, there is an increase in the development of data centers to store, manage, and disseminate a huge amount of data. This, along with the emergence of the 5G network, is positively influencing the market. It relies on patch cables to connect equipment within the domain of radio access network (RAN) and back to the core and routing network infrastructure.
Besides this, the increasing utilization of patch cables in residential and institutional spaces on account of their low latency and noise interference, easy installation, and reliability is contributing to the growth of the market. Apart from this, the growing penetration of fiber to the x (FTTx) is offering lucrative growth opportunities to the key players. Furthermore, technological advancements in healthcare, telecommunication, and administrative sectors are stimulating the growth of the market.
2. What is the expected growth rate of the global patch cable market during 2024-2032?
3. What are the key factors driving the global patch cable market?
4. What has been the impact of COVID-19 on the global patch cable market?
5. What is the breakup of the global patch cable market based on the product type?
6. What is the breakup of the global patch cable market based on the cable type?
7. What are the key regions in the global patch cable market?
8. Who are the key players/companies in the global patch cable market?
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 need for data transfer and networking in all commercial activities is catalyzing the demand for patch cables across the globe.
Patch Cable Market Trends
The rising demand for a high-speed network in production facilities to evaluate real-time data, improve production processes and offer smooth as well as secure transmission of data represents one of the key factors driving the market. Moreover, enhancement in cable technologies and usage of patch cables in transmitting power over ethernet (PoE) is propelling the growth of the market.In addition, there is an increase in the development of data centers to store, manage, and disseminate a huge amount of data. This, along with the emergence of the 5G network, is positively influencing the market. It relies on patch cables to connect equipment within the domain of radio access network (RAN) and back to the core and routing network infrastructure.
Besides this, the increasing utilization of patch cables in residential and institutional spaces on account of their low latency and noise interference, easy installation, and reliability is contributing to the growth of the market. Apart from this, the growing penetration of fiber to the x (FTTx) is offering lucrative growth opportunities to the key players. Furthermore, technological advancements in healthcare, telecommunication, and administrative sectors are stimulating the growth of the market.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global patch cable market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product type, cable type, application and end use.Breakup by Product Type:
- Copper Cable
- Fiber Optics
Breakup by Cable Type:
- CAT 3
- CAT 5
- CAT 5E
- CAT 6
- CAT 6A
- CAT 7
- Multimode Optical Fiber
- Others
Breakup by Application:
- Networking
- Non-Networking
Breakup by End Use:
- Industrial
- Enterprise
- IT and Network Security
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGC Networks Limited, CommScope Inc., Corning Incorporated, CP Technologies, Legrand, NAI Group LLC, Panduit, Prysmian Group, Quabbin Wire & Cable Co. Inc. and Schneider Electric SE.Key Questions Answered in This Report
1. What was the size of the global patch cable market in 2023?2. What is the expected growth rate of the global patch cable market during 2024-2032?
3. What are the key factors driving the global patch cable market?
4. What has been the impact of COVID-19 on the global patch cable market?
5. What is the breakup of the global patch cable market based on the product type?
6. What is the breakup of the global patch cable market based on the cable type?
7. What are the key regions in the global patch cable market?
8. Who are the key players/companies in the global patch cable market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Patch Cable Market
6 Market Breakup by Product Type
7 Market Breakup by Cable Type
8 Market Breakup by Application
9 Market Breakup by End Use
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AGC Networks Limited
- CommScope Inc.
- Corning Incorporated
- CP Technologies
- Legrand
- NAI Group LLC
- Panduit
- Prysmian Group
- Quabbin Wire & Cable Co. Inc.
- Schneider Electric SE
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 3.1 Billion |
| Forecasted Market Value ( USD | $ 5.6 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
