The North American coaxial cable market is expected to
reach USD 3,482.3 million by 2020, according to a new study by Grand View
Research, Inc. Increased spending on telecom and IT, low
installation/setup cost coupled with advancement in technology is expected to
be the key market driver over the forecast period. The presence of a large
number of internet service providers in this region is expected to spur demand
across end-use application markets.
High demand for coaxial cables, owing to high
investment in broadcasting and broadband sectors so as to enhance communication
infrastructure, is also expected to serve as a driver to the market over the
next six years. Furthermore, attractive FDI policies and low trade barriers
across Canada and Mexico have led to rise in investments in this market.
However, high price and threat from substitutes such as fiber optic cables,
which are used widely in LANs, may restrain the industry growth over the next
few years. Initiatives to extend distribution channels so as to serve potential
rural markets and issuing of DOCSIS 3.1 are expected to be an opportunity for
industry participants.
Full
Research Report On North America Coaxial Cable Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/north-america-coaxial-cable
www.grandviewresearch.com/industry-analysis/north-america-coaxial-cable
Further
key findings from the study suggest:
- RF transfer application segment is expected to
continue dominating the market, and accounted for over 60% of the overall
market share in 2013. This is mainly because of its effectiveness in
providing maximum channel bandwidth and low installation cost. Video
distribution is expected to grow at the fastest CAGR of 7.3% from 2014 to
2020. Telecom and IT industry is expected to remain the key application
area owing to increased investments in these sectors.
- In terms of end-use, system integrators are
expected to grow at a fastest CAGR of 8.2% from 2014 to 2020, owing to the
need for enhancing communication infrastructure.
- The U.S. is expected to dominate the market over
the forecast period, accounting for over 50% of the market in 2013.
Further, it is expected to grow at a CAGR of 6.6% from 2014 to 2020, owing
to the presence of key industry participants in the region.
- Companies operating in the market include
Amphenol Corporation, Belden Inc, General Cable Corporation, LS Cable
& System, Coleman Cable Inc, TE Connectivity Ltd, Alpha Wire, L-Com
North America Connectivity etc. The market is consolidated in nature, and
characterized by low installation cost and ease of use. Initiatives to
extend distribution channel in rural markets is expected to remain the key
growth strategy over the forecast period.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View Research has segmented the North America coaxial cable market
on the basis of application, end-use and region:
North
America Coaxial Cable Application Outlook (Revenue, USD Million, 2012 - 2020)
- Video
Distribution
- Radio
Frequency Transfer
- Internet
Data Transfer
North
America Coaxial Cable End-Use Outlook (Revenue, USD Million, 2012 - 2020)
- CATV
Companies
- System
Integrators
- Military
& Aerospace
- Telephone
Service Providers
- Internet
Service Providers
- Construction
Industry
- Others
North
America Coaxial Cable Regional Outlook (Revenue, USD Million, 2012 - 2020)
- U.S.
- Canada
- Mexico
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/north-america-coaxial-cable-market
www.grandviewresearch.com/press-release/north-america-coaxial-cable-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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