Semi-Flexible Cable Market Size, Share, Opportunities, And Trends By Type (Less Than 2.15mm, Between 2.15mm To 6.20mm, More Than 6.2mm), By Industry Vertical (Aerospace And Defense, Information Communication And Technology), And By Geography - Forecasts From 2024 To 2029

The global semi-flexible cable market is anticipated to grow at a compound annual growth rate (CAGR) of 9.18% over the forecast period to reach US$2,814.034 million by 2029, increasing from estimated value of US$1,814.122 million in 2024.

Semi-flexible cables are becoming more predominant in different industry businesses due to various key variables. One of these variables is the miniaturization of electronic devices. As electronic gadgets proceed to diminish in size, conventional rigid cables are now not practical. Semi-flexible cables give a space-saving solution that can be effectively directed through tight spaces, tending to the challenges posed by contracting electronic components.

ITU reported that around 67 percent of the world's population, or 5.4 billion individuals, is presently online in 2023. This represents an expansion of 4.7 percent since 2022, an increment from the 3.5 percent recorded from 2021 to 2022. This represents the level of information utilization within the world has expanded.

Another driving factor is the requirement for expanded functionality in modern electronic gadgets. Today's devices are prepared with more features than ever before, requiring cables that can bolster complex functionalities while maintaining adaptability. In addition, progressions in medical devices are pushing the development of semi-flexible cables. The medical industry is focused on creating new mehods that are negligibly invasive, requiring cables that are adaptable and reliable.

Market Drivers:

• The growing demand for data transmission is anticipated to propel the global semi-flexible cable market growth.

The growing demand for data transmission is a major driver for the semi-flexible cable market. These cables can handle the high bandwidth requirements of applications such as 5G communication and data centers. Despite the demand for mobile broadband, fixed broadband accounts for 83 percent of all traffic, as per the ITU. According to the same source, the monthly average fixed-broadband traffic per subscription reached 257 gigabytes (GB) worldwide, the increase in the average annual was a sharp 21%, from 2019 to 2022.

As per the data given, it is observed that fixed broadband traffic in exabytes was, 1005 exabytes for the Americas, 2182 exabytes for Asia Pacific, and 861 exabytes for Europe in 2022. This high consumption of data in various regions is due to domestic, commercial, industrial, and governmental usage of data for various purposes. Further, these purposes correspond to aerospace and defense, education, public healthcare systems, research organizations, etc. This leads to the overall demand for semi-flexible cable worldwide.

• The rising utilization in the aerospace and defence sector will bolster the market of semi-flexible cable.

The aerospace and defence industries are expected to use semi-flexible cables, which will drive market expansion. It is anticipated that the market will grow rapidly due to the high development of next-generation communication technologies like satellite navigation, radar networks, and surveillance radar networks. It is widely employed in many different areas due to its resistance to corrosion and capacity to withstand extreme weather conditions without degrading. Among its many excellent mechanical properties is electromagnetic interference (EMI).

In order to improve the Indian Air Force's operational capabilities, the Ministry of Defence signed a pair of contracts with Bharat Electronics Limited in March 2023 at a total cost of more than INR 3,700 crore. The first contract, valued at more than INR 2,800 crore, is for the Indian Air Force's purchase of Medium Power Radars (MPR) called "Arudhra." The second contract is for 129 DR-118 Radar Warning Receivers (RWR) and has an approximate total cost of INR 950 crore.

Moreover, the semi-flexible cable market growth for aerospace and defence has been fueled by increased military spending. Additionally, it is expected that throughout the projected time, the creation of innovative aircraft solutions will support market expansion. For example, the United States Department of Defence reports that the defence sector's budget climbed from US$747 billion in 2022 to US$773 billion in 2023. 

The market for semi-flexible cables is very competitive, with numerous large original equipment manufacturers meeting the needs of the aerospace and defence sectors. Additionally, Pasternack provides a 12-inch length of semi-flexible precision cable for radio frequency assembly between SMA male and SMA male, using PE-SR405FLJ coax, LF solder, and RoHS. When it comes to same-day ship coaxial cables for millimeter wave, microwave, and radio frequency interconnect solutions, Pasternack offers one of the widest selections. Pasternack coaxial cable assemblies are utilized in high-end applications such as RF tests and measurements in laboratories and are designed for the military and defence industries.

Asia Pacific region is predicted to hold a considerable market share.

The country is expected to grow moderately in the semi-flexible market, owing to the rising telecommunication industry in India, and the rising focus on aerospace and defence in the projected period. For instance, the Government of India, in the Union budget 2023-24 announced that the capital allocation pertaining to the development of infrastructure for defence services will be increased to INR 1,62,600 Cr, which is a rise of 6.67%, compared to the previous budget.

Moreover, India’s Vision 2040 strategy aims at creating infrastructure that is able to carry a five-fold increase in airports and is able to handle more than a billion passenger trips a year. The growing tourism in India and the expanding demand for well-developed airport infrastructure are additionally anticipated to propel the market within the anticipated period.

The telecommunications segment in India is encountering fast development and is anticipated to become one of the country's largest businesses within the near future. As per information from Invest India, the telecom industry contributed roughly 6.5% to India's GDP within the fiscal year 2022-23. Amid the last quarter of the fiscal year 2022-2023, the industry recorded a net revenue of INR 85,356 Cr ($11.38 Billion). This considerable expansion within the telecommunications and IT segments in India is expected to drive the requirements for semi-flexible cables within the forecasted period.

Moreover, the Indian Information Technology (IT) market is also experiencing rapid growth which can be another factor influencing the market in the projected period. For instance, according to Investing India, Indian technology market revenue was US$ 245 billion in the financial year 2023. The technology sector is projected to experience a growth rate of 9.4% when measured in reported currency terms. In the fiscal year 2021-22, the computer software and hardware sectors garnered the highest Foreign Direct Investment (FDI) equity inflow. Hence, the following factors are expected to increase the market for the semi-flexible cable market in India.

Key Developments:

• October 2023- Carlisle Companies stated that Carlisle Interconnect Technologies, a part of Carlisle Companies, offered two new 50 Ω coaxial cables to its dependable portfolio of ECS avionics cables. Carlisle's cutting-edge avionics coax solutions enable it to provide high performance in an extremely lightweight wire. The two cables have silver-coated copper-clad aluminum conductors and helical aluminum shields to minimize attenuation and reduce coax weight. Over the Lightning series cables, the signals are carried loudly and clearly without accumulating additional weight.

Semi-Flexible Cable Market Scope:

 

Report Metric	Details
Market Size Value in 2024	US$1,814.122 million
Market Size Value in 2029	US$2,814.034 million
Growth Rate	CAGR of 9.18% from 2024 to 2029
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2024
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Million
Segments Covered	Type Industry Vertical Geography
Companies Covered	RFAC Solutions Choice Right Electronic Inc. Habia Cable To-Conne Co., Ltd. Rosenberger
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

Key Market Segmentation:

The Global Semi-Flexible Cable Market is segmented and analyzed as below:

• By Type
  • Less than 2.15mm
  • Between 2.15mm to 6.20mm
  • More than 6.2mm
• By Industry Vertical
  • Aerospace and Defence
  • Information Communication and Technology
• 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
    • Taiwan
    • Others

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 stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

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. GLOBAL SEMI-FLEXIBLE CABLE MARKET BY TYPE 

5.1. Introduction 

5.2. Less than 2.15mm

5.3.  Between 2.15mm to 6.20mm

5.4.  More than 6.2mm

6. GLOBAL SEMI-FLEXIBLE CABLE MARKET BY INDUSTRY VERTICAL 

6.1. Introduction 

6.2. Aerospace and Defence

6.3. Information Communication and Technology

7. GLOBAL SEMI-FLEXIBLE CABLE MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By Industry Vertical

7.2.3. By Country

7.2.3.1. United States

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Type

7.3.2. By Industry Vertical

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Type

7.4.2. By Industry Vertical

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By Industry Vertical

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Israel

7.5.3.4. Others

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By Industry Vertical

7.6.3. By Country

7.6.3.1. Japan

7.6.3.2. China 

7.6.3.3. India

7.6.3.4. South Korea

7.6.3.5. Indonesia

7.6.3.6. Thailand

7.6.3.7. Taiwan

7.6.3.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. RFAC Solutions

9.2. Choice Right Electronic Inc.

9.3. TOTOKU ELECTRIC CO., LTD(Carlyle Group)

9.4. Habia Cable 

9.5. Zhuhai Hansen Technology Co., Ltd

9.6. Kingsignal Technology Co., Ltd. 

9.7. To-Conne Co., Ltd.

9.8. Rosenberger

9.9. Radiall

9.10. Waka Manufacturing Co., Ltd.

RFAC Solutions

Choice Right Electronic Inc.

TOTOKU ELECTRIC CO., LTD(Carlyle Group)

Habia Cable 

Zhuhai Hansen Technology Co., Ltd

Kingsignal Technology Co., Ltd. 

To-Conne Co., Ltd.

Rosenberger

Radiall

Waka Manufacturing Co., Ltd.