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Cable Assembly Market

Cable Assembly Market

Cable Assembly Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

142

Base Year:

2021

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1402

Segments Covered
  • By Product Custom/Application Specific Assemblies, Rectangular Assemblies, Radio Frequency (RF) Assemblies, Circular Assemblies, Fiber Optics Assemblies, Printed Circuit Board (PCB) Assemblies, Others
  • By Application Automotive, Telecom, Computers and Peripherals, Industrial, Military & Aerospace, Medical, Others
  • By Regions North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 148.50 USD Billion
Revenue 2028Revenue 2028: 214.20 USD Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 6.3%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Cable Assembly Market Share

Market Synopsis:

The market size of the Cable Assembly Market in the year 2021 is valued at 148.50 USD Billion and is projected to reach a value of 214.20 USD Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 6.3% over the forecast period.

Cable Assembly Market Size, 2021 To 2028 (USD 214.20 Billion)

Cable Assembly is believe to be the game changer in the field of transmission and distribution. With the growing demand for wireless devices, the need for internet access and devices connected to internet worldwide is believed to drive the growth of the global Cable Assembly Market; especially the fiber optic cables in the upcoming years. In addition to this, the raise of framework of cloud computing and data transfer, increase in usage of electric vehicles, growing demand from aerospace industry and raising internet penetration across the world are some of the factors that will contribute in the growth of market in the forthcoming years. With the increase in amount of data with increased usage, the demand for Data centers and the IT equipment’s will fuel the growth of Cable Assembly units in the future. Moreover, high-speed cable assemblies for servers, computers, switches, and other data and communication devices will have positive impact on Cable Assembly Market in the years to come. The higher band and transmission over longer distance, increase usage of PCs, laptops, and mobile phones and internet connected to them, will also contribute in the growth of the market over the forecast period.

Market Segmentation:

Below tree is interactive. You can click the nodes to get more information.

Fiber Optics Assemblies to Own a Major Share in the Product Segment

The fiber optics assemblies category is estimated to witness substantial growth during the forecast period. Fiber optic is considered to drive the growth of Cable Assembly Market in future. Earlier, Copper PCB traces and cables acquired share of high-speed data transmission. But due to its limitation of advanced signal conditioning, multi-level modulation, and error correction techniques have facilitate the fiber optics cable to takeover. Optical fiber cables can transmit data at much faster speeds than aluminum or copper wire. Along with this, smaller size and weight also makes optical fiber cable a best choice. Optical fiber cable is continuously undergoing through process of advancement in terms of bandwidth, ruggedness, reduced attenuation, ease of termination, reduced fiber diameter, and cost.

The Growing Popularity of Electrical Vehicles is Propelling the Automotive Application of Cable Assembly

The automotive category is estimated to witness substantial growth over the coming years. This is ascribed to the growing demand for electric vehicles in automobile sectors have created a positive impact on Cable Assembly Market. All the electrical vehicles available in the market require good electrical performance and charging infrastructure. Therefore, the need for charging station is increasing day by day. In charging station, the assembly of the power cord is needed, which delivers the needed energy to the vehicle. Hence with the increase in charging infrastructure the need and demand of cable assembly’s unit will also increase. As per the latest innovation of Purdue University engineers, with some changes in charging power cable it will be possible to charge electric vehicles in less than 20 minutes. The power cable will deliver 4.2times greater current as compared to current power cable providing quick charge. Cables are required in electric vehicles in large number for power trains, battery unit, lighting units and other miscellaneous works.

Asia Pacific Region is Predicted to have Fastest Growth over Forecast Period

Asia Pacific comprising of China, India, Korea, Japan, and Rest of Asia Pacific is anticipated to witness the quickest increase in the coming years because of developing urbanization, industrialization, growing demand for electric powered vehicles, presence of big range of manufacturers, and increase in the energy distribution sector.

In North American Region, the manufacturing of Cable Assembly gadgets have taken a sharp increase because of the adoption of electrical vehicles. Moreover, the growth in electronics devices and merchandise production in the North America location has recommended numerous neighborhood and predominant players to begin the producing of cable assemblies in the region

Competitive Landscape:

Some major players in the Cable Assembly market are Amphenol DC Electronics (ADCE), TE Connectivity Ltd, Jae Electronics Inc., Luxshare Precision Industry Co. Ltd., Koch Industries Inc. (Molex), W.L. Gore and Associates, Epec, LLC, Fischer Connectors SA, Samtec Inc., Delphi Connection Systems, Yazaki Corporation, and Foxconn (FIT)..

Cable Assembly Market is Segmented as Follows:

Parameter Details
Segments Covered
  • Product (Custom/Application Specific Assemblies, Rectangular Assemblies, Radio Frequency (RF) Assemblies, Circular Assemblies, Fiber Optics Assemblies, Printed Circuit Board (PCB) Assemblies, Others)
  • Application (Automotive, Telecom, Computers and Peripherals, Industrial, Military & Aerospace, Medical, Others)
  • Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Amphenol DC Electronics (ADCE)
  • TE Connectivity Ltd
  • Jae Electronics Inc.
  • Luxshare Precision Industry Co. Ltd.
  • Koch Industries Inc. (Molex)
  • W.L. Gore and Associates
  • Epec
  • LLC
  • Fischer Connectors SA
  • Samtec Inc.
  • Delphi Connection Systems
  • Yazaki Corporation
  • and Foxconn (FIT).
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Cable Assembly Market is Tabulated as Follows:

Cable Assembly Market to Reach Valuation of 214.20 USD Billion by 2028 - Growing Internet Access & Demand in Faster Connectivity is Expected to Generate Revenue from the Cable Assembly Market
In terms of revenue, the Global Cable Assembly Market is expected to reach 214.20 USD Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.30% from 2022 to 2028. Increasing demand for faster connectivity followed by growing internet accessibility is the factor driving the market. ...
FAQ
Frequently Asked Question
  • The global Cable Assembly valued at 148.50 USD Billion in 2020 and is expected to reach 214.20 USD Billion in 2028 growing at a CAGR of 6.3%.

  • The prominent players in the market are Amphenol DC Electronics (ADCE), TE Connectivity Ltd, Jae Electronics Inc., Luxshare Precision Industry Co. Ltd., Koch Industries Inc. (Molex), W.L. Gore and Associates, Epec, LLC, Fischer Connectors SA, Samtec Inc., Delphi Connection Systems, Yazaki Corporation, and Foxconn (FIT)..

  • The market is project to grow at a CAGR of 6.3% between 2021 and 2028.

  • The driving factors of the Cable Assembly include

    • Increasing Production of Electric Vehicles Across the Globe Supports the Market Growth

  • North America was the leading regional segment of the Cable Assembly in 2020.