The Coaxial Cables Global Market Report 2023 by The Business Research Company, provides coaxial cables market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Coaxial Cables Global Market Report 2023, the market size will grow from $31.63 billion in 2022 to $34.43 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global coaxial cables is expected to grow to $46.69 billion in 2027 at a CAGR of 7.9%.
During the historic period, the use of coaxial cables in cable broadband globally contributed to the coaxial cables market’s growth. Cable broadband offers a variety of benefits due to its affordability and innovations such as high speed, enhanced reliability, and high download peak times.
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The coaxial cables market is segmented:
1) By Type: Hard-line Cable, Triaxial Cable, Twin Axial Cable
2) By Applications: Internet Data Transfer, Video Distribution, Radio Distribution Frequency Transfer, Other Applications
3) By End-User: Cable Television Industry, Military and Aerospace, Internet Service Providers, Telephone Network Operators, Communication Equipment Manufacturers, Other End Users.
Many cable manufacturing companies are increasing their fire-resistant cable production capacities to keep pace with the increasing demand from the construction industry. Fire-resistant cables are usually required in emergency operations in critical electrical circuits to reduce fire transmission and
ensure the highest level of safety. They have a sheet to prevent the leakage of smoke and toxic gases during fire incidents. Such cables are designed for wiring in large residential, industrial, and manufacturing buildings. For instance, in May 2022, Nexans S.A., a France-based company operating in cable and optical fiber, introduced the next-generation fire-resistant cable. Nexans’ fire-resistant cables are fully dielectric and are more flexible as compared to metallic armored cables due to the use of fiber-reinforced plastic (FRP) armor, which does not require grounding, is easier to handle with rodent protection, is waterproof, and can operate over a wide temperature range.
The coaxial cables market report table of contents includes:
1.Executive Summary
2. Coaxial Cables Market Characteristics
3. Coaxial Cables Market Trends And Strategies
4. Coaxial Cables Market – Macro Economic Scenario
5. Coaxial Cables Market Size And Growth
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26.Africa Coaxial Cables Market
27. Coaxial Cables Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Coaxial Cables Market
29. Coaxial Cables Market Future Outlook and Potential Analysis
30. Appendix
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