The North America Cables and Connector Market would witness market growth of 9.2% CAGR during the forecast period (2020-2026). Cable & connectors are a crucial element for the transmission of data and high-end communication between end points used by different industries. Cable & connectors are also used for reliable end-to-end connection in different industries such as oil & gas, defense & aerospace, manufacturing, automotive and IT and telecommunication.
The increased demand for higher band-width networks by different industries fuels market growth through government initiatives that boost connectivity within the country. Furthermore, the growth of cable and connector market fuel increased investment in defense & submarine cables by various organizations. Complex error detection and elimination processes also prevent the growth of the market. In addition, increasing data centers worldwide and rising government initiatives aimed at boosting connectivity in rural areas in developing economies are likely to provide lucrative market opportunities.
In the telecommunications sector, cables, cable assemblies and connectors play a key role. Electromagnetic signals, electrical signals and light signals are transmitted via telecom cables. These cables are used in company network equipment, subscriber equipment, wireline network equipment, and multi-service operator equipment. The telecommunications industry offers the manufacturers the ability to develop highly efficient standardized cables and connectors as well as custom cables.
Based on Product Type, the market is segmented into External Cables & Connectors and Internal Cables & Connectors. Based on Vertical, the market is segmented into Commercial, Automotive, Aerospace & Defense, Energy & Power and Others. Based on Installation Type, the market is segmented into CAT5/CAT6, USB, VGA, HDMI, DVI and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Cables and Connector Market in North America is expected to register a CAGR of 9.2% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Nokia Corporation, Fujitsu Limited, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), TE Connectivity Ltd., Amphenol Corporation, TransDigm Group, Inc. (Esterline Technologies Corporation), Axon Cable SAS, Nexans SA, and Sumitomo Electric Wiring Systems, Inc.
Market Segmentation:
By Product Type
By Vertical
By Installation Type
By Country
Companies Profiled
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