LAN Cable Market Research Report - Global Forecast till 2025

Global LAN Cable Market Research Report: By Type (CAT 6 Cable, CAT 6A Cable, CAT 7 Cable, CAT 5E Cable, CAT 5 Cable), Application (Office Use, Industrial Use, Home Use), By Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2025

ID: MRFR/SEM/8652-CR | September 2020 | Region: Global | 115 pages

Market Snapshot


Global LAN Cable Market is expected to grow at 5.02% CAGR, witnessing substantial growth during the forecast period. The market was valued at USD 5,778.9 Million in 2019; it is expected to reach USD 7,751.2 Million by 2025.


A LAN (local area network) cable is one of the hardware components required in a network to provide communication over a local network by connecting peripheral devices to a router or modem switch, which further connects to a local server. These are copper cables that connect peripheral devices such as laptops and computers with routers, modems, and switches. Ethernet is the computer networking technology commonly used for local area networks (LAN) and is standardized as IEEE 802.3. Although LAN cables offer connectivity to a small area, several LANs can be connected to create a larger network. CAT 5, CAT 5E, CAT 6, CAT 6A, CAT 7, and CAT 8 cables are some of the commonly used LAN cables in a network. Based on the transfer speeds, bandwidth, and internet connectivity, the end user can choose among the cables mentioned above in a local network. 


North America accounted for the largest market value of USD 1,917.9 Million in 2019; the market is expected to register a CAGR of 4.79% during the forecast period.


Global LAN Cable Market, By Type (2019 Vs 2025)
LAN Cable Market


Source: MRFR Analysis


Based on Type, the market has been classified as CAT 6 Cable, CAT 6A Cable, CAT 7 Cable, CAT 5E Cable, and CAT 5 Cable. The CAT 6 cable segment accounted for the largest market share of 30.5% in 2018, with a market value of USD 1,692.0 million; it is expected to register a CAGR of 4.4% during the forecast period. The CAT 6A cable segment was the second-largest market in 2018, valued at USD 1,502.7 million; it is projected to exhibit a CAGR of 5.5%. However, the CAT 7 cable segment is expected to register the highest CAGR of 6.3%. Category 6 cable (CAT 6) is a twisted pair cable for Ethernet and other network physical layers, which are backward compatible with category 5/5e and category 3 cable standards. This category of cable is used as a cabling infrastructure for 10BASE-T (Ethernet), 100BASE-TX (fast Ethernet), 1000BASE-T (gigabit Ethernet), and 10GBASE-T (10-gigabit Ethernet, or 10 GbE) networks. CAT 6 cables are widely used compared to CAT 5 cables and are more robust, thick, and supports higher bandwidth. These cables are expensive and feature stricter specifications with regards to crosstalk and system noise. It offers performances of up to 250 MHz compared to 100 MHz for both CAT 5 and CAT 5e.


The key factors driving the growth of the global LAN cable market are the increasing number of data centers and the demand for high-speed data transfer. However, the use of 5G in conjunction with private LTE and the increasing demand for wireless products are restricting the growth of the global LAN cable market. The increasing infrastructure and construction projects are creating an opportunity for the growth of the market.


Regional Analysis


Global LAN Cable Market, by region, has been segmented into North America, Europe, Asia-Pacific, and the Rest of The World. North America is accounted for the largest market value of 1,917.9 million in 2019. Asia-Pacific is projected to register the highest CAGR of 5.8%.


Companies Covered


The Key Players of the Global LAN Cable Market include Black Box Corporation (US), Fiberstore (FS.COM Inc.) (US), OTSCable.com Co Ltd. (China), Infinite Electronics International Inc. (US), Belden Inc. (US), Hitachi Ltd. (Japan), Nexans SA (France), DBA Primus Cable (US), Huzhou Shumai Cable Co., Ltd. (China), LEONI AG (Germany), and General Cable Technology Corporation (US)  among others.


Key Developments



  • In November 2019, Belden Inc. launched its Q4 product line extensions to improve cable and connectivity solutions to help end users reduce costs and speed up installation. This product is designed for quick installations with single-port modularity that allows for a quick, cost-effective repair if a connection needs to be replaced.



  • In November 2019, Black Box signed a distribution agreement with Hyperte LTD for providing their resellers and integrators access to customers in the UK and Ireland. This agreement helped Black Box provide technical training, support resources, optimize delivery times, and offer a strong value proposition for global growth in commercial and public sectors.



  • In April 2019, Hitachi Cable America launched its Drybit Category 6A indoor/outdoor plenum-rated cables. It is designed and developed for wet places and plenum spaces and has enhanced electrical performance necessary to support 10 gigabit Ethernet.



  • In February 2019, L-COM launched black and white flat Cat5e and Cat6 Ethernet cables to overcome the problem of traditional round cables regarding bending. The new cables allow uninterrupted transmission in tight spaces and are featured over-molded RJ45 connectors.



  • In September 2018, FS.COM Inc. expanded its presence in Singapore to provide door-to-door services to customers in Malaysia, Indonesia, Thailand, and the Philippines for cables and accessories. This expansion also helped the company strengthen its presence in the South-East Asian market.


Segmentation



  • By Type: CAT 6 Cable, CAT 6A Cable, CAT 7 Cable, CAT 5E Cable, CAT 5 Cable

  • By Application: Office Use, Industrial Use, Home Use

  • By Region: North America, Europe, Asia-Pacific, and Rest of the World.


Key Questions Addressed by the Report



  • What was the historic market size (2017)?

  • Which segmentation (Type /Application) is driving the market?

  • What will be the growth rate by 2025?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Frequently Asked Questions (FAQ) :


The LAN cable market CAGR would be 5.02% for the duration of 2020 to 2025.

Players mentioned in the report are Fiberstore (FS.COM Inc.) (US), OTSCable.com Co Ltd. (China), Black Box Corporation (US), Belden Inc. (US), LEONI AG (Germany), Hitachi Ltd. (Japan), Infinite Electronics International Inc. (US), Huzhou Shumai Cable Co., Ltd. (China), Nexans SA (France), DBA Primus Cable (US), General Cable Technology Corporation (US), and others.

LAN cable market valuation would go up to USD 7,751.2 mn by 2025.

North America has the chance to take charge of the LAN cable market.

Asia Pacific would mark growth by 5.8% CAGR during the forecast period of 2020 to 2025.