The distributed sensing cables market worldwide is expected to grow with a CAGR of 5% during the forecast period from 2022 to 2030. Increasing demand for sensing cables in oil & gas industry is one of the major growth factor of distributed sensing cables market. Distributed sensing is a technology that assists continuous measurements along the entire length of a fiber optic cable. Due to this, external stimuli on the cable can be detected at any position along the length of the cable. The stimulus include changes in temperature and pressure, sound, strain, and vibration.
The converged infrastructure market worldwide is estimated to expand with a CAGR of 18.6% over the period from 2022 to 2030, starting from US$ 26.83 Bn in 2021. Growth of cloud services market and IT industry to boost the demand for converged infrastructure market. Organizational shift towards self-service model from self-managed, self-owned hardware model is also helping the market growth. Growing IT needs towards cloud-based services is another factor for the market growth.
The USB type C market worldwide is expected to grow with a CAGR of 25.7% during the forecast period from 2022 to 2030, starting from US$ 575.3 Mn in 2020. USB Type-C connectors are designed to help manufacturers provide a sleek & slim design for mobile devices and enable robust enough connections for industrial applications. These connectors have reversible interface and can accept a plug from any direction. This offers easy and reliable connection to electronic appliances and devices.
The global fiber optic cables market is set to hit US$ 7.95 Bn by 2026, growing with a CAGR of 7.2% during the forecast period 2018 to 2026. The market is highly driven due to the demand for higher bandwidth and increasing internet traffic across the world.
Coaxial cable refers to a type of cable having its inner conductor enclosed in a tubular insulating layer. This outer layer is again surrounded by a tubular conducting shield. The shield is introduced in order to minimize the electrical and radio frequency interference, so as to ensure more efficient signal transmission. Coaxial cables are primarily used as a transmission line for transmitting radio frequency signals. These cables are popularly used across the television and IT & telecommunication sectors as well as for computer networking. The major demand for coaxial cable is observed to be in transfer radiofrequency.
The Mineral Insulated Cable Market is expected to grow at a compound annual growth rate of 5% during the forecast period. Mineral insulated cables are made by encasing copper rods within a high conductivity circular copper tube and filling the gaps with inorganic dry magnesium powder, which functions as a seal and fireproof insulator.
Cable management comprise products used for installation cables and wires across different construction applications. The overall cable management comprises various products such as electrical conduit systems, electrical raceways, cable trays and floor ducts among others. These products are used in combination to organize and maintain the overall wiring system of a building. This makes cable management among the most important systems for the construction sector. Cable management systems are commonly used across diverse range of end-use applications including IT & telecommunication, industrial, residential, commercial, energy & utility, transportation, metal & mining and others.
Power transmission cables are widely used in transmission and distribution of electricity to various residential and commercial consumers.Power transmission cables are insulated with various materials such as PVC (Poly Vinyl Chloride), XLPE (Polyethylene with cross-links), rubber, impregnated paper and varnished cambric. Global power transmission cables market is projected to register significant growth over the forecast period.Increasing investment in renewable energy across the globe requires installation of new power transmission lines to connect with the existing grid.
Growing demand for minimally invasive procedures, particularly in pediatric and geriatric patient groups is anticipated to support the growth of guidewires market. Growing count of geriatric population, that possess a higher risk of chronic diseases are increasingly preferring minimally invasive surgeries for disease treatment; due to major advantages such as quick procedural time, lesser risk of infection and quicker recuperation coupled with less duration of hospital stay.
Electrical conduit systems refer to a subset of cable management systems used for protection and routing of electrical wires/cables. These are tubular structures designed to carry wires and cables and are available in rigid as well as flexible forms. Electrical conduit systems are available in both metallic as well as non-metallic materials.
Cable & Wire Market Research Reports
Since last few years there is an increase in use of cable & wire in transmitting power, signals and payloads. Cable & Wire is used across different sectors, with market growth of this sector mainly driven by the telecom and information technology industry. Besides the IT sector, cable & wire are extensively used in industrial applications , business applications and residential applications.
While there has been many new innovations in this industry, the market dynamics of the cable & wire sector has been fluctuating due to cost volatility of the raw materials used in production of cable & wire products. Another factor that adds to the complexity of this business is the existence of large amount of small and large market players that ply for a larger chunk of the market share.
Telecom operators and cable operators are amongst the highest users of cable & wire products . As per the market analysts , the worldwide market for cables and wires is predicted to earn a revenue of about 190 billion US dollars by the end of year 2018. It is expected to register a CAGR growth rate of 9% during the period of 2012-2018.
The cable & wire market is mainly divided depending upon its uses in power cables and telecommunication cables. The rapidly growing section within this is telecommunication cables section that is predicted to register a CAGR of 11% between the period 2012-2018.
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