$11 Billion Worldwide Premise Cable Industry to 2027 - Featuring Belden, CommScope and Corning Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Premise Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global premise cable market reached a value of US$ 7.02 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 11.68 Billion by 2027, exhibiting a CAGR of 8.86% during 2021-2027.

Profiles of Key Players

• Belden Inc.
• CommScope
• Corning Incorporated
• II-VI Incorporated
• NEXANS
• Prysmian Group
• SAB Brockskes GmbH & Co. KG
• Schneider Electric
• Siemens AG
• Southwire Company LLC
• The Siemon Company

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Premise cables are widely used to connect local area network (LAN) and phone equipment within a building. They run from a central location, such as a server room, to individual desktops. At present, fiber optics are gaining immense traction among premise cables as they offer several advantages in LAN backbone cabling. In addition to this, the leading manufacturers are introducing integrated systems of copper and fiber network cabling and components for excellent performance and reliability.

Rising demand for enhanced flow of communication and broadcast transmission in the telecommunication industry represents one of the primary factors driving the premise cable market. Moreover, the escalating need for high broadband services and connections on account of the increasing use of smartphones as well as the internet is stimulating the market growth.

A significant rise in the construction of schools, colleges, server rooms, and commercial establishments is also catalyzing the demand for premise cables around the world. Apart from this, the introduction of advanced technologies, such as smart power operations and automated lighting, along with the surging demand for multimedia devices and network connectivity, is contributing to the growth of the market.

Apart from this, several types of copper cables are finding wide applications in the oil and gas industry on account of their low cost, high security, and reliability. Furthermore, premise cables are used to control and transmit data between various machines and systems for industrial purposes.

In line with this, rapid industrialization and the rising automation trend in industrial processes are other factors positively influencing the adoption of premise cables worldwide. Besides this, the rising demand for industrial-grade premise cables, which offer reliability in harsh environmental conditions, is impelling the market growth.

Key Questions Answered in This Report:

• How has the global premise cable market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global premise cable market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the cable type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global premise cable market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Premise Cable Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

7 Market Breakup by Type

8 Market Breakup by Application

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/iedrbb