Ethernet Cable Market Size, Share, Opportunities, And Trends By Type (Coaxial, Twisted Pair, Fiber Optic), By Shielding (Shielded, Unshielded), By End-User (Residential, Commercial, Industrial), And By Geography - Forecasts From 2024 To 2029
- Published : Sep 2024
- Report Code : KSI061612251
- Pages : 125
The ethernet cable market is worth US$15.900 billion in 2024 and is predicted to witness growth of 13.88% CAGR over the projected period to account for US$30.453 billion by 2029.
Ethernet cables are network cables utilized to link gadgets to a computer network, such as computers, routers, and electricity boards. They transmit information utilizing electrical signals, permitting gadgets to communicate on the network. Ethernet cables consist of eight wires turned together and are ended with RJ-45 connectors. They transmit information in the digital frame by utilizing electrical signals to depict binary information. They follow network guidelines such as Ethernet 10Base-T, deciding the greatest data transfer rate. They are generally utilized in different settings, including homes, workplaces, schools, and industries.
Additionally, there are different kinds of Ethernet cables utilized fundamentally for wired organized networks for diverse purposes in connecting devices. The necessity for Ethernet cables is driven by variables such as growing expanding data centers needing robust infrastructure, a rise in remote work and online learning necessities high-speed connectivity while IoT devices and gaming demand for steady connectivity, which will increase the rise in the utilization of ethernet cables worldwide.
Furthermore, smart homes demand wired networks for smart appliances and security frameworks. The market is moving towards higher-speed cables for quicker data exchange rates. Fiber optic cables are becoming well known for long-distance connections due to their higher transfer speed and lower signal weakening. Remote Ethernet choices like Wi-Fi and 5G are moreover picking up traction in certain applications. North America is witnessing a major rise in the market of ethernet cables due to urbanization, robust utilization of cloud computing, and 5G connectivity in diverse sectors.
ETHERNET CABLE MARKET DRIVERS:
- Increasing data centers is anticipated to accelerate the demand for ethernet cable globally.
The worldwide development of data centers is leading to the rise in the requirement for ethernet cables, with the expanding adoption of cloud computing and data storage arrangements, which demand a strong network foundation. Ethernet cables are significant for connecting servers, storage gadgets, and other equipment in data centers, ensuring proficient information exchange and network connectivity. Further, the advancement of AI and machine learning applications requires enormous amounts of data handling and capacity, resulting in data centers fundamental for supporting these applications.
Also, data centers play a pivotal part in handling IoT data, increasing the requirement for ethernet cables to associate IoT devices to connect network foundations. Moreover, the rise in the 5G rollout globally will also require a high-speed and steady connecting solution like ethernet cables. The extension of data centers to reduce latency will moreover increment the demand for ethernet cables.
For instance, in February 2024, Cisco and NVIDIA collaborated to supply endeavors with simplified cloud-based and on-premises AI infrastructure, networking, and computer programs, including infrastructure management, protected AI solutions, and access to NVIDIA AI Enterprise software. Cisco's global channel planned to offer these Ethernet networking-based arrangements, providing professional services and support through major partners committed to assisting businesses deploy GPU clusters employing Ethernet foundation.
- Expanding focus on sustainability material is expected to bolster the ethernet cable market.
The ethernet cable market is developing due to the rising emphasis on sustainability in the world. Typically driven by consumer mindfulness, which necessitates products manufactured from sustainable materials. Producers are reacting by providing sustainable alternatives that fulfill these requirements. Material advancement is additionally being focused on, leading to eco-friendly and advanced network performance cables. Cost-effective solutions are moreover being created, making it simpler for manufacturers to embrace sustainable practices and provide new eco-friendly items in their portfolio which will fuel the growth of the global market for ethernet cables in the coming years.
For instance, in April 2024, LAPP launched its first bio-cable in series production, the ETHERLINE® FD bioP Cat.5e. This data cable provides a part bio-based sheath material, with a sustainable variation with a bio-based external sheath created from 43% renewable raw materials. The item properties stay the same as the standard variation, decreasing the carbon emission by 24% in comparison to its fossil-based TPU sheath. They are reasonable for patch cable gathering up to 60m in required applications, such as continually moving cable chains, machine parts, and EtherCAT and Ethernet/IP usages.
- Growing urbanization and infrastructure development are expected to accelerate the ethernet cable market.
The expanding digitization of cities and urban regions has caused a surge in the requirement for high-speed network connectivity, with Ethernet cables playing a pivotal part in supporting applications such as smart traffic frameworks and public Wi-Fi connectivity. For instance, the United Nations Population Fund released data on June 2024 stating that the world is encountering the biggest wave of urban expansion in history, with over half of the population living in cities and towns in 2024, and this number is anticipated to expand to approximately 5 billion by 2030.
Furthermore, Ethernet cables are fundamental for residential network connection and industrial usages such as automation in smart industrial facilities, and infrastructure overhauls. As broadcast communications suppliers grow and update their networks, they necessities a tremendous amount of Ethernet cabling to associate components such as routers, switches, and base stations. Overall, ethernet cables play a significant part in guaranteeing consistent data trade and operation in these quickly advancing infrastructures of cities.
Ethernet Cable Market Geographical Outlook:
- The North America region is expected to hold a considerable ethernet cable market share.
North American region is witnessing the rising emergence of high-speed connectivity and networking arrangements has resulted in a strong necessity for ethernet cables, primarily those capable of supporting higher data exchange rates for industries. Moreover, the North American countries' well-established infrastructure, incorporating large data centers and broadcast communications systems, will also propel the requirement for ethernet cables. The growth in data center development in the region is witnessed because the rise in cloud computing and AI in different sectors necessitates broad ethernet cabling solutions for connecting servers.
For instance, in July 2024, PICMates launched its CAT8 Ethernet cable, designed to fulfill the key requirements of aerospace and defense applications. This cable gives exceptional execution, unwavering quality, and progressed features, setting new requirements for high-speed data transfer in these vital businesses. With the growth in this division, there's an expanding necessity for dependable, secure network sources. This key development by regional players will lead to a rise in the regional market for ethernet cables during the forecasted period.
Ethernet Cable Market Key Developments:
- January 2023- BizLink announced to exhibit its interconnect portfolio solutions for xEV/AV and smart conference at CES 2023. The company showcased its most recent item portfolio for vehicle innovation including the exhibit of unshielded and shielded twisted-pair cables and automobile ethernet cable gathering, providing customizable cable lengths and connector alternatives for autonomous vehicles. These cables abide by the Open Alliance Standards, guaranteeing high execution and consistent working.
Ethernet Cable Market Company Products:
- ETHERLINE® LAN Cat.6 U/UTP- The ETHERLINE® LAN Cat.6 U/UTP from Lapp Group provides quick data transfer through Ethernet innovation, up to 1 Gbit/s execution, and is accessible with a vigorous PVC or halogen-free LSZH external sheath. It meets EU Mandate 305/2011's Classified fire behavior and is reasonable for organized building cabling, horizontal floor cabling, EtherCAT, EtherNet/IP, and other applications.
- Category 5e Cable- Belden Inc.'s Category 5e Cable is a product beneath the ethernet cable portfolio that provides predominant electrical execution, outperforming Category 5e measures. Its REVConnect 1200 Framework conveys information rates up to 1.2 Gb/s for a 160 MHz usable transmission capacity. The cable's design features coordinated conductors on all four sets, guaranteeing steady electrical execution. Its unique development pairs six cables to a center spline, disposing of the requirement for a total jacket.
Ethernet Cable Market Scope:
Report Metric | Details |
Ethernet Cable Market Size in 2024 | US$15.900 billion |
Ethernet Cable Market Size in 2029 | US$30.453 billion |
Growth Rate | CAGR of 13.88% |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2024 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Ethernet Cable Market |
|
Customization Scope | Free report customization with purchase |
Market Segmentation:
Ethernet Cable Market is segmented and analyzed as below:
- By Type
- Coaxial
- Twisted Pair
- Fiber Optic
- By Shielding
- Shielded
- Unshielded
- By End-User
- Residential
- Commercial
- Industrial
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
The ethernet cable market is projected to reach a total market size of US$30.453 billion in 2029.
Ethernet Cable Market is valued at US$15.900 billion in 2024.
The global ethernet cable market is projected to expand at a CAGR of 13.88% during the forecast period.
North American region will hold a significant share of the ethernet cable market due to the early adoption of the internet and technology.
The demand for ethernet cables will grow owing to the faster speeds and less latency that they offer as compared to wireless networks.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits for the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. ETHERNET CABLE MARKET, BY TYPE
5.1. Introduction
5.2. Coaxial
5.3. Twisted Pair
5.4. Fiber Optic
6. ETHERNET CABLE MARKET, BY SHIELDING
6.1. Introduction
6.2. Shielded
6.3. Unshielded
7. ETHERNET CABLE MARKET, BY END-USER
7.1. Introduction
7.2. Residential
7.3. Commercial
7.4. Industrial
8. ETHERNET CABLE MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Type
8.2.2. By Shielding
8.2.3. By End-User
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Type
8.3.2. By Shielding
8.3.3. By End-User
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. By Type
8.4.2. By Shielding
8.4.3. By End-User
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Spain
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. By Type
8.5.2. By Shielding
8.5.3. By End-User
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. UAE
8.5.4.3. Israel
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. By Type
8.6.2. By Shielding
8.6.3. By End-User
8.6.4. By Country
8.6.4.1. Japan
8.6.4.2. China
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Indonesia
8.6.4.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Belden Inc.
10.2. Lapp Group
10.3. igus
10.4. Gore
10.5. LEONI
10.6. Southwire Company, LLC
10.7. Prysmian Group
10.8. Hitachi, Ltd.
10.9. The Siemon Company
10.10. Elettronica Conduttori Srl
Belden Inc.
Lapp Group
igus
Gore
LEONI
Southwire Company, LLC
Hitachi, Ltd.
The Siemon Company
Elettronica Conduttori Srl
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