Cable Market to Grow at a CAGR of 7.10% from 2020 to 2025: By End-user and Geography | Size, Share, Trend Analysis, and Segment Forecasts
NEW YORK, Jan. 6, 2022 /PRNewswire/ -- The Cable Market value is set to grow by USD 88.49 billion, progressing at a CAGR of 7.10% from 2020 to 2025, as per the latest report by Technavio.
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The cable market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.
Technavio analyzes the market by End User (Telecommunication, Power transmission, Construction, Refineries and oil rigs, and Others) and Geographic landscape (APAC, Europe, North America, South America, and MEA).
The cable market share growth by the telecommunication segment has been significant. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the cable market size. Furthermore, our analysts have indicated actionable market insights on each segment, which is crucial to predict change in consumer demand.
Download Free sample Report for insights on the drivers, trends, and challenges that will help companies evaluate and develop growth strategies for 2021-2025.
The Cable Market Covers the Following Areas:
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
Belden Inc.- The company offers cables such as ethernet cables, fiber optic cables, audio cables and more. Moreover, the business segments includes- Enterprise Solutions and Industrial Solutions.
Fujikura Ltd.- The company offers cables such as telephone cables, LAN cables, general purpose coaxial cables and more.
Furukawa Electric Co. Ltd.- The company offers power cables such as extra high voltage power transmission cable, overhead power transmission cable, submarime power cable and more.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by End-user
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