Global Coaxial Cables Market to Grow at a CAGR of 6.43% to 2021

MarketResearchNest.com adds “Global Coaxial Cables Market 2017-2021” new report to its research database. The report spread across 74 pages with table and figures in it.

Research analysts forecast the global coaxial cables market to grow at a CAGR of 6.43% during the period 2017-2021.

About Coaxial Cables

Coaxial cables are a type of multi-layered insulated cables used in applications like cable television (CATV) distribution, wired telephony, and broadband Internet services. These cables consist of a single wire at the center that carries the signal, covered by a dielectric insulating material, which is then covered by a wire mesh and another insulated covering material. The outer conductor mesh serves as the ground connector.

Covered in this report

The report covers the present scenario and the growth prospects of the global coaxial cables market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at

https://www.marketresearchnest.com/global-coaxial-cables-market-2017-2021.html

The market is divided into the following segments based on geography:

  • North America
  • APAC
  • Europe
  • ROW

Technavio’s report, Global Coaxial Cables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio Announces the Publication of its Research Report – Global Coaxial Cables Market 2017-2021

Technavio recognizes the following companies as the key players in the global coaxial cables market: Belden, General Cable, LS Cable & System, Nexans, Prysmian Group, and Sumitomo Electric Industries.

Other Prominent Vendors in the market are: Amphenol, CommScope, Habia Cable, Hengxin Technology, Kingsignal Technology, Trigiant Group, W. L. Gore & Associates, and Zhuhai Hansen Technology.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Growing investment in the aerospace sector. The aerospace and defense sector is a major user of coaxial and micro-coaxial cables. These are used to provide interconnection between essential electronic components in aircraft. Since aircraft have several radio communication equipment, isolation of the radio signals is critical for the smooth functioning of these equipment, which makes coaxial cables play a major role in electronic communication. Any interference in radio communication between the aircraft and air traffic control (ATC) during takeoff or landing can be extremely dangerous.”

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According to the report, one of the major drivers for this market is Adoption of cables for broadband Internet access. Till the early 1990s coaxial cables were only used for transmission of cable television (CATV) and communication networks, which limited their uses in digital space. The implementation of multimedia over cable alliance (MoCA) technology allows transmission of high-speed broadband Internet and digital content access over coaxial cable networks.

Further, the report states that one of the major factors hindering the growth of this market is Declining CATV subscriber base in several countries. The cable industry has seen a significant decline in television subscribers even as the number of cable broadband subscribers increased. This is due to consumer preference of switching toward streaming, satellite TV, and IPTV-based services. Streaming service providers like Netflix, Hulu, and Amazon Prime Video provide monthly access to online shows at a fraction of the CATV subscription price. These services are also known as subscription video-on-demand (SVoD).

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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