Europe Premise Cable Market Size, Share & Industry Trends Analysis Report By Application (Industrial, Broadcast, Enterprise, & Others), By Cable Type, By Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Premise Cable Market would witness Market growth of 8.3% CAGR during the forecast period (2022-2028).
The premise wiring solutions and systems are hierarchical computer networking systems based on the star topology, commencing with the machine room that holds the building's primary telecommunications equipment, such as servers, Private Branch Exchanges, and routers. The telecommunications signals that enter and depart the building pass through the equipment room. Depending on the layout of the building and administrative issues, it can be one room or numerous rooms on different floors.
A vertical backbone cable travels from the equipment room up the building risers or elevator shafts, linking it to wire closets, or intermediate cross-connects, on each floor. If necessary, more backbone cabling can be routed horizontally to auxiliary wire closets (horizontal cross-connects). There should be no more cross-connects.
The Automotive sector of this region is significantly huge in terms of revenue, which is contributing to the regional demand for premise cable. Copper wire is used in automobiles to reduce vehicle weight and enhance fuel economy. In addition, copper is used in the design, efficiency, comfort, and safety of automobiles. Copper is a multipurpose metal that is used extensively in vehicles.
The European economy has been on the mend since 2012, following the economic crisis of 2009 in nations such as Germany, the United Kingdom, the Netherlands, Russia, and France. Prysmian, Legrand, Nexans, and other leading regional cable management companies have a large Market presence. Factors such as improved labor Market circumstances as well as robust economic conditions.
The Germany Market dominated the Europe Premise Cable Market by Country in 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $717.3 million by 2028. The UK Market is anticipated to grow at a CAGR of 7.4% during (2022 - 2028). Additionally, The France Market would showcase a CAGR of 9.1% during (2022 - 2028).
Based on Application, the Market is segmented into Industrial, Broadcast, Enterprise, IT & Network Security, and Others. Based on Cable Type, the Market is segmented into CAT7 Cables, CAT6 Cables, CAT5E Cables, CAT6A Cables, CAT8 Cables, and Others. Based on Type, the Market is segmented Copper Cable and Fiber Optic Cable. Based on countries, the Market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Premise Cable Market Size will Hit $11.2 Billion by 2028, at a CAGR of 9%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Belden, Inc., Schneider Electric SE, Siemens AG, Nexans SA, Prysmian Group, Hitachi, Ltd., Anixter International Inc., The Siemon Company, and HellermannTyton Ltd.
Scope of the Study
Market Segments Covered in the Report:
- IT & Network Security
By Cable Type
- CAT7 Cables
- CAT6 Cables
- CAT5E Cables
- CAT6A Cables
- CAT8 Cables
- Copper Cable
- Fiber Optic Cable
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Belden, Inc.
- Schneider Electric SE
- Siemens AG
- Nexans SA
- Prysmian Group
- Hitachi, Ltd.
- Anixter International Inc.
- The Siemon Company
- HellermannTyton Ltd.
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