Coaxial Cables Market: 6.43% CAGR Growth by 2021

The Coaxial Cables Market 2017-2021 report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

September 15, 2017 /MarketersMedia/ —

Coaxial Cables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. Coaxial cables are a type of multi-layered insulated cables used in applications like cable television (CATV) distribution, wired telephony, and broadband Internet services. These cables consist of a single wire at the center that carries the signal, covered by a dielectric insulating material, which is then covered by a wire mesh and another insulated covering material.

The analysts forecast global Coaxial Cables Market to grow at a CAGR of 6.43% during the period 2017-2021. The latest trend gaining momentum in the market is Growing investment in the aerospace sector. The aerospace and defense sector is a major user of coaxial and micro-coaxial cables. These are used to provide interconnection between essential electronic components in aircraft. Since aircraft have several radio communication equipment, isolation of the radio signals is critical for the smooth functioning of these equipment, which makes coaxial cables play a major role in electronic communication. Any interference in radio communication between the aircraft and air traffic control (ATC) during takeoff or landing can be extremely dangerous.

According to the coaxial cables market report, one of the major drivers for this market is Adoption of cables for broadband Internet access. Till the early 1990s coaxial cables were only used for transmission of cable television (CATV) and communication networks, which limited their uses in digital space. The implementation of multimedia over cable alliance (MoCA) technology allows transmission of high-speed broadband Internet and digital content access over coaxial cable networks.

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Key players in the global coaxial cables market: Belden, General Cable, LS Cable & System, Nexans, Prysmian Group, and Sumitomo Electric Industries. Other Prominent Vendors in the market are: Amphenol, CommScope, Habia Cable, Hengxin Technology, Kingsignal Technology, Trigiant Group, W. L. Gore & Associates, and Zhuhai Hansen Technology.

Further, the report states that one of the major factors hindering the growth of this market is Declining CATV subscriber base in several countries. The cable industry has seen a significant decline in television subscribers even as the number of cable broadband subscribers increased. This is due to consumer preference of switching toward streaming, satellite TV, and IPTV-based services. Streaming service providers like Netflix, Hulu, and Amazon Prime Video provide monthly access to online shows at a fraction of the CATV subscription price. These services are also known as subscription video-on-demand (SVoD).

The market is divided into the following segments based on geography:
North America
APAC
Europe
ROW

List of Exhibits
Exhibit 01: Global coaxial cables market: Segmentation
Exhibit 02: Global coaxial cables market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global coaxial cables market by end-user segments 2016 and 2021
Exhibit 05: Global coaxial cables market by telecommunication segment 2016-2021 ($ billions)
Exhibit 06: Global share of mobile telecommunication towers by geography 2015
Exhibit 07: Global coaxial cables market by transportation and military segment 2016-2021 ($ billions)
Exhibit 08: Global coaxial cables market by geography 2016 and 2021
Exhibit 09: Coaxial cables market in North America 2016-2021 ($ billions)
Exhibit 10: Coaxial cables market in Europe 2016-2021 ($ billions)and more..

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