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The increase in the number of mergers and acquisitions is one of the trends. Major global vendors are adopting this strategy to strengthen their foothold and consolidate their market position.
Analysts forecast the Global Telecom Cable market will grow at a CAGR of 7.01 percent over the period 2013-2018. According to the report, the increase in demand from the Information and Communications Technology (ICT) sector to provide hardware connectivity among peripheral network systems is one of the main drivers. Telecom cables provide enhanced bandwidth and fast data transmission, which are the key parameters for a better communication network.
Telecom cable is an insulated strand of wires used to transmit high-frequency electrical signals over long distances. Early telecom signal transmission used only analog signals, which were transferred through metallic wires, which were usually copper. However, today, most telecom signal transmissions use digital signals. Telephone and cable companies still use conventional metallic cables, but are also installing fiber optic cables that are more efficient in carrying digital signal transmissions over a long distance with reduced signal loss.
Global Telecom Cable Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Telecom Cable market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The Global Telecom Cable market can be divided into two segments: Metallic Telecom Cable and Fiber Optic Telecom Cable. These are the major types of telecom cable currently available. The report recognizes the following companies as the key players in the Global Telecom Cable Market: General Cable Corp, Nexans SA and Prysmian SpA.
Other prominent vendors in the market are: Furukawa Electric Co. Ltd, Hitachi Cable Ltd, LS Cable System Ltd, Sumitomo Electric Industries Ltd. and Walsin Lihwa Corp.
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Further, the report states that the high demand for Wireless Local Area Network (WLAN) is one of the main challenges in this market. The Bring Your Own Device (BYOD) phenomenon enables employees to communicate through their smartphones and tablets with ease, which increases the demand for WLAN infrastructure.
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The Global Power Cable market can be segmented into four divisions: Medium-Voltage Cable, High-Voltage Cable and Extra High-Voltage Cable. The report recognizes the following companies as the key players in Global Power Cable Market: General Cable Corp, Prysmian SpA, Sumitomo Electric Industries Ltd, Belden Inc, Encore Wire Corp, Finolex Cables Ltd, International Wire Group Inc, Infenion Technologies AG, KEI Industries Ltd, Nexans SA, Southwire Co. Inc, The Okonite Company Inc.
One of the key factors contributing to this market growth is the increase in demand from the ICT sector. The Electric Wire and Cable market in North America has also been witnessing the growing awareness about environmental concerns. Key vendors dominating this space are General Cable Corp, LS Cable & System Ltd, and Southwire Co, Inc. Other vendors mentioned in the report are Belden Inc, Coleman Cable Inc, Corning Inc, Encore Wire Corporation, Furukawa Electric Company Limited, Legrand SA, Leviton Manufacturing Company Inc, The Marmon Group LLC, Nexans SA, and Prysmian SpA.
Power Cables Market in China 2014-2018
Power Cables Market in China 2014-2018 with a CAGR of 8.08 percent for the period 2013-2018. Several driving factors and trends will contribute to this growth all of which will be outlined with detail in this report. Analysts use a unique methodology to scrutinize individual vendor performance, trends, drivers and challenges, and a number of other factors to provide the most accurate and detailed market research reports possible.
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