Patch Cable Market Size, Share, Growth and Forecast 2023-2028

Patch Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4933

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Market Overview:

The global patch cable market size reached US$ 2.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.53% during 2023-2028.

Patch cable, also known as patch cord, is used to connect a power supply to an end device for signal routing. It carries telephonic, audio, and video signals between non-networked devices, such as headphones and microphones. It is shorter than other conventional networking cables and widely available in numerous colors. At present, a surge in need for data transfer and networking in all commercial activities is catalyzing the demand for patch cables across the globe.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Patch Cable Market Trends:

The rising demand for a high-speed network in production facilities to evaluate real-time data, improve production processes and offer smooth as well as secure transmission of data represents one of the key factors driving the market. Moreover, enhancement in cable technologies and usage of patch cables in transmitting power over ethernet (PoE) is propelling the growth of the market. In addition, there is an increase in the development of data centers to store, manage, and disseminate a huge amount of data. This, along with the emergence of the 5G network, is positively influencing the market. It relies on patch cables to connect equipment within the domain of radio access network (RAN) and back to the core and routing network infrastructure. Besides this, the increasing utilization of patch cables in residential and institutional spaces on account of their low latency and noise interference, easy installation, and reliability is contributing to the growth of the market. Apart from this, the growing penetration of fiber to the x (FTTx) is offering lucrative growth opportunities to the key players. Furthermore, technological advancements in healthcare, telecommunication, and administrative sectors are stimulating the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global patch cable market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, cable type, application and end use.

Breakup by Product Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Copper Cable
Fiber Optics

Breakup by Cable Type:

CAT 3
CAT 5
CAT 5E
CAT 6
CAT 6A
CAT 7
Multimode Optical Fiber
Others

Breakup by Application:

Networking
Non-Networking

Breakup by End Use:

Industrial
Enterprise
IT and Network Security
Others

Breakup by Region:

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North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AGC Networks Limited, CommScope Inc., Corning Incorporated, CP Technologies, Legrand, NAI Group LLC, Panduit, Prysmian Group, Quabbin Wire & Cable Co. Inc. and Schneider Electric SE.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Product Type, Cable Type, Application, End Use, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AGC Networks Limited, CommScope Inc., Corning Incorporated, CP Technologies, Legrand, NAI Group LLC, Panduit, Prysmian Group, Quabbin Wire & Cable Co. Inc. and Schneider Electric SE
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global patch cable market was valued at US$ 2.9 Billion in 2022.

We expect the global patch cable market to exhibit a CAGR of 7.53% during 2023-2028.

The rising demand for high-speed network in production facilities to evaluate real-time data, improve production processes, offer smooth and secure transmission of data, etc., is primarily driving the global patch cable market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for patch cables.

Based on the product type, the global patch cable market has been segmented into copper cable and fiber optics. Currently, copper cable exhibits a clear dominance in the market.

Based on the cable type, the global patch cable market can be bifurcated into CAT 3, CAT 5, CAT 5E, CAT 6, CAT 6A, CAT 7, multimode optical fiber, and others. Among these, CAT 5 accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global patch cable market include AGC Networks Limited, CommScope Inc., Corning Incorporated, CP Technologies, Legrand, NAI Group LLC, Panduit, Prysmian Group, Quabbin Wire & Cable Co. Inc., and Schneider Electric SE.

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