Patch cables are also known as patch cords as it has connectors on both ends that are used to connect an end device to a power source. Similar to Ethernet cables, there are fiber patch cable and Ethernet patch cable, such as LC fiber patch cable or Cat6 RJ45 patch cable. Patch cables are often used for short distances in offices and wiring closets. Ethernet patch cable can link a computer to a network hub, router or Ethernet switch, which is useful for constructing home computer networks.
Patch cables can be short as three inches or longer than a hundred feet. Cat 5, Cat 5E, and Cat 6 Ethernet cables are common examples, used to connect computers together in a network as well as network servers. Patch cables enhance the performance of connected devices via high-speed data transfers. In addition, these cables have several benefits such as lower latency, low noise interference, easy installation, and reliability.
At present, data transfer and networking has become an essential part of all commercial activities in industries, business, broadcast, and others. These commercial activities generate large amounts of data daily, which needs to be transferred between devices with appropriate security. Thus, patch cables are used for networking and non-networking connections in industries. Patch cables are the most popular and reliable for residential, institutional, healthcare, IT & network security, and enterprise users as they are easy to install, secure, and exhibit various benefits over other connecting techniques.
The patch cable market exhibits a phenomenal growth owing to the increase in demand for high-speed connectivity devices & systems and improvement in cable technology. However, negative impact of Internet-of-things in the region hampers the North American market to a certain extent. Furthermore, increase in development of data centers and emergence of 5G revolution provide lucrative opportunities for the market growth.
The patch cable market segmented on the basis of product type, cable category, application, end use, and region. Based on product type, the market is bifurcated into copper cable and fiber optic. By cable category, the market is divided into CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, multimode optical fiber, RG6, and others. By application, the market is divided into networking and non-networking. Based on end use, the market is categorized into industrial, enterprise, IT & network security, and others. The regional analysis is given for North America, Europe, Asia Pacific and LAMEA along with its prominent countries.
The key players profiled in the report include Black Box, CommScope, Corning, CP Technologies, General Cable, Legrand North America LLC, Major Custom Cable Inc., Panduit Corp, Quabbin Wire & Cable Corporation, and Schneider Electric.
These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL PATCH CABLE MARKET SEGMENTATION
BY PRODUCT TYPE:
BY CABLE CATEGORY:
BY APPLICATION:
BY END USE:
BY REGION
Patch cables can be short as three inches or longer than a hundred feet. Cat 5, Cat 5E, and Cat 6 Ethernet cables are common examples, used to connect computers together in a network as well as network servers. Patch cables enhance the performance of connected devices via high-speed data transfers. In addition, these cables have several benefits such as lower latency, low noise interference, easy installation, and reliability.
At present, data transfer and networking has become an essential part of all commercial activities in industries, business, broadcast, and others. These commercial activities generate large amounts of data daily, which needs to be transferred between devices with appropriate security. Thus, patch cables are used for networking and non-networking connections in industries. Patch cables are the most popular and reliable for residential, institutional, healthcare, IT & network security, and enterprise users as they are easy to install, secure, and exhibit various benefits over other connecting techniques.
The patch cable market exhibits a phenomenal growth owing to the increase in demand for high-speed connectivity devices & systems and improvement in cable technology. However, negative impact of Internet-of-things in the region hampers the North American market to a certain extent. Furthermore, increase in development of data centers and emergence of 5G revolution provide lucrative opportunities for the market growth.
The patch cable market segmented on the basis of product type, cable category, application, end use, and region. Based on product type, the market is bifurcated into copper cable and fiber optic. By cable category, the market is divided into CAT3, CAT5, CAT5E, CAT6, CAT6A, CAT7, multimode optical fiber, RG6, and others. By application, the market is divided into networking and non-networking. Based on end use, the market is categorized into industrial, enterprise, IT & network security, and others. The regional analysis is given for North America, Europe, Asia Pacific and LAMEA along with its prominent countries.
The key players profiled in the report include Black Box, CommScope, Corning, CP Technologies, General Cable, Legrand North America LLC, Major Custom Cable Inc., Panduit Corp, Quabbin Wire & Cable Corporation, and Schneider Electric.
These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
KEY BENEFITS FOR STAKEHOLDERS
- This study includes the analytical depiction of the global patch cable along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information regarding the key drivers, restraints, and opportunities.
- The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
GLOBAL PATCH CABLE MARKET SEGMENTATION
BY PRODUCT TYPE:
- Copper Cable
- Fiber Optics
BY CABLE CATEGORY:
- CAT 3
- CAT 5
- CAT 5E
- CAT 6
- CAT 6A
- CAT 7
- Multimode Optical Fiber
- RG6
- Others
BY APPLICATION:
- Networking
- Non-Networking
BY END USE:
- Industrial
- Enterprise
- IT & Network Security
- Others
BY REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Europe
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: PATCH CABLE MARKET, BY PRODUCT TYPE
CHAPTER 5: PATCH CABLE MARKET, BY CABLE CATEGORY
CHAPTER 6: PATCH CABLE MARKET, BY APPLICATION
CHAPTER 7: PATCH CABLE MARKET, BY END USE
CHAPTER 8: PATCH CABLE MARKET, BY REGION
CHAPTER 9: COMPANY PROFILE
Executive Summary
According to the report titled, 'Patch Cable Market by Product Type, Cable Category, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global patch cable market was valued at $2.79billion in 2019, and is projected toreach$5.76billion by 2026, growing at a CAGR of 10.2% from 2020 to 2026.Patch cable is a general term for cabling that connects two electronic devices to each other, typically in a network. These devices are expected to include computers and other hardware. Patch cables are also used to transmit telephonic signals, audio, and video signals between devices in non-networked applications such as headphones and microphones.
At present, data transfer and networking have become an essential part of all commercial activities in industries, business, broadcast, and others. These commercial activities generate large amounts of data daily, which needs to be transferred between devices with appropriate security. Thus, patch cables are used for networking and non-networking connections in industries. Patch cables are the most popular and reliable technology for residential, institutional, healthcare, IT & network security, and enterprise users as they are easy to install, secure, and exhibit various benefits over other connecting techniques. Patch cables enhance the performance of connected devices via high-speed data transfers. In addition, these cables have several benefits such as lower latency, low noise interference, easy installation, and reliability.
Increase in demand for internet in developing countries such as India, China, & Taiwan, rise in industrialization, and surge in awareness associated with benefits of the technology have been growing rapidly in developing economies, which are driving the growth of the market in this region. In addition, technological enhancement and an increase in penetration of FTTX (Fiber to the X) have been propelling the growth of the market in this region. The Asia-Pacific region is a market area with incredible market opportunities, owing to growth in technological advancements and rapid acceptance of the technology in IT & telecommunication and administrative sectors. Furthermore, rapid adoption of the technology within the healthcare and medical sectors has been providing market opportunities in this region.
Patch cables for IT and network security are manufactured in variety of lengths and range with locking dustcovers for unused ports and an extension h andle. This provides easy access in high density cabinets. As the data volumes rise in industrial networks, security has become a greater concern. Moreover, powerful and updated networks is a major contributor for digitization and secure data transmission. Rise in security threats and an increase in IT industry applications are expected to provide a lucrative market for the IT & network patch cable segment owing to its advantages over wireless technology.
U.S. is the largest region for connectivity and the cloud in the world. It contains several data center clusters throughout the country providing plenty of opportunities. The primary colocation data center markets in the U.S. are in Los Angeles, Washington DC, Bay Area, Chicago, and New York. The U.S. is well connected to Europe and Asia-Pacific with submarine cables extending from five primary markets on the East Coast and four primary markets on the West Coast. There are 2,510 American data centers, most of these facilities are located on the Atlantic Seaboard.
According to Shantanu Sachan, Lead Analyst, Semiconductors & Electronics, “The global patch cable market is expected to witness considerable growth due to the rise in data centers and high-speed connectivity devices and systems. The patch cable industry is projected to experience significant growth in North America due to the rise in demand for data, data centers, and data transmission, which makes the use of advanced cables and wires for high-speed data transmission in the region.”
KEY FINDINGS OF THE STUDY
- By product type, the copper cable segment generated the highest revenue in the North America patch cable market in 2019.
- By cable category, the CAT6segment generated the highest revenue in the market in 2019.
- By application, the networking segment generated the highest revenue in the market in 2019.
The key players profiled in the report include Black Box, Comm Scope, Corning, CP Technologies, General Cable, Legr and North America LLC, Major Custom Cable Inc., P anduit Corp, Quabbin Wire & Cable Corporation, and Schneider Electric.
Companies Mentioned
- Black Box
- CommScope
- Corning
- CP Technologies
- General Cable
- Legrand North America LLC
- Major Custom Cable Inc.
- Panduit Corp
- Quabbin Wire & Cable Corporation
- Schneider Electri
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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