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Global Patch Cable Market | Size, Growth, Opportunity

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Global patch cable market to rise with a CAGR of 7.11% during the forecast period 2022-2028. Get Free Sample Report. – PowerPoint PPT presentation

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Title: Global Patch Cable Market | Size, Growth, Opportunity


1
The Global Patch Cable Market to Grow at 7.11 of
CAGR by 2028
Triton Market Research presents the Global Patch
Cable Market report segmented by Product Type
(Copper Cable, Fiber Optics), Application
(Networking, Non-networking), End-user
(Industrial, Enterprise, IT Network Security,
Others), Cable Category (CAT 3, CAT 5, CAT 5E,
CAT 6, CAT 6A, CAT 7, Multimode Optical Fiber,
RG6, Others), and by Geographical Region (North
America, Europe, Asia-Pacific, Latin America,
Middle East and Africa), discussing Market
Summary, Industry Outlook, Market Definition, Key
Insights, Impact of COVID-19 on Market, Porters
Five Forces Analysis, Market Attractiveness
Index, Vendor Scorecard, Drivers, Challenges,
Opportunities, Competitive Landscape, Methodology
Scope, Global Market Size, Forecasts Analysis
(2022-2028).
Request Free Sample Report https//www.tritonmark
etresearch.com/reports/patch-cable-marketrequest-
free-sample As per Triton Market Researchs
analysis, the Global Patch Cable Market is
expected to rise at a CAGR of 7.11 over the
forecasting period from 2022 to 2028.
2
High-speed connectivity devices and systems have
gained popularity in recent years, and are being
used in several industrial applications to cater
to the rising need for smooth and secure data
transmission. Patch cables provide numerous
techniques for transmitting PoE cabling. Such
advantages of patch cables are expected to offer
lucrative growth opportunities to the
market. However, the high cost incurred during
the installation of these cables and the negative
impacts of the Internet of Things are hindering
the market growth process. The Asia-Pacific is
currently leading the global market for patch
cables, and is anticipated to continue its
stronghold over the industry in the coming years.
Whereas, Japan is expected to grow at the fastest
rate in the regional patch cable market. A surge
in the number of upcoming projects like smart
cities is observed in the region. This has led to
an increase in the penetration of optical fiber
technologies in developing nations, which, in
turn, is supporting the growth of the market.
Moreover, the rapid urbanization and
industrialization rate have made the Asia-Pacific
a lucrative and emerging market for patch cable
manufacturers. Prysmian Group, CP Technologies,
Cable Master, Black Box Corporation, FScom,
Comnen, Major Custom Cable, Panduit Corp, Legrand
LLC, Schneider Electric, Corning Incorporated,
Commscope, Quabbin Wire Cable Co Inc, Belden,
and Otscable are the prominent names operating in
this market. There is high rivalry among industry
players, as a large number of them are
manufacturing different types of products.
Additionally, these companies are also focusing
on innovation to strengthen their business
further and to step up in the market. For
instance, in February 2020, Prysmian Group
launched its Sirocco range of high-density
microduct cables, boasting of world record-making
diameters and fiber densities for blown microduct
cables. Further, in April the same year, the
group launched the worlds first commercially
available 180 µm fiber cable. Contact Us
sales_at_tritonmarketresearch.com Phone 44 7441
911839
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