The structured cabling is a complete solution for management of cabling in the infrastructure for instance campus telecommunications cabling infrastructure. It consists of number of standardized smaller elements formed by trunks & patch panels that helps to form connection of hardware with the patch panels. This type of cabling comes with wide range of application including used for equipment room, telecommunications closet, backbone cabling, work area and building entrance among others.
According to study, “Global Structured Cabling Market: Market Segments: By Solution Type (Products, Services and Software); By Application (LAN, Data Center);By End Use (Telecommunication, Commercial, Government, Industrial);and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030” the key companies operating in the global structured cabling market are Hitachi Cable America, Inc. (U.K.), CommScope Inc. (U.S.), Panduit (U.S), TE Connectivity (Switzerland), Legrand SA (France), Corning, Inc. (U.S.), ABB Ltd. (Switzerland), Belden Incorporated (U.S), Schneider Electric SE (France), Teknon Corporation (U.S.), Nexans S.A. (France), Siemon (U.S), Paige Electric (U.S), Superior Essex (Georgia), and Brand-rex (Scotland). These market players are jointly venturing in further research & development (R&D) of the structured cabling systems for achieving high data transfer rates to the maximize profit margin.
Based on solution type, structured cabling market is segmented as services (managed services, installation & consultation and maintenance & support services), product (patch panels & cross connects, communication outlets, cables, patch cords & cable assemblies and racks & cabinets) and software. Based on cable type, market is segmented as category 5E, category 6, category 6A and others (category 7, category 7A and category 8). Based on application, market is segmented as data center and Local Area Network (LAN). Data center segment holds major share in global market owing to increase in use of IoT devices, mobile data, and smart applications. In addition, based on vertical, market is segmented as transportation, IT & telecommunication, government & education, industrial, residential & commercial and others (Banking, Financial Services and Insurance (BFSI), hospitality and healthcare). The structured cabling market is driven by rise in demand of converged data center solution, followed by growth in urbanization in developing countries, increase in demand for high bandwidth network connections and growth in infrastructure development in communication industry. However, high investment cost is required for installations and higher price of material such as fiber optic electronics may impact the market. Moreover, transition from analog to IP-based video surveillance systems and extensive growth of LED lighting system are key opportunities for market.
Based on geography, the Asian-Pacific region holds major share in global structured cabling market owing to rise in demand for greater bandwidth, increase in number of data centers and rise in demand for high-speed internet networks in the region. The North-American and European regions are estimated to witness higher growth rate due to growth of a number of IoT and cloud related technology over the forecast period. In upcoming years, it is expected that future of the global market will be bright as a result of increase in awareness among individual and development of technology hubs during the forecast period.
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Ankur Gupta, Head Marketing & Communications