The industrial ethernet cable provides various benefits such as advancement in speed, bandwidth, and reliability. Different organizations have a definite control over networked manufacturing equipment with an assistance of industrial Ethernet. Therefore, with rising awareness related to benefits of industrial Ethernet cables is driving the growth of the market.
MARKET DYNAMICS
Technological development in Ethernet cables improves internet speed. This factor is positively impacting the market growth. Also, rising demand for Power over Ethernet technology is another factor anticipated to create ample growth opportunities for the market in the coming years. However, with increase in penetration of wireless communication protocols in different industries pertaining to advantages such as lower repairing costs & cost effective maintenance might create obstacle in the growth of the market.
MARKET SCOPE
The "Global Industrial Ethernet Cables Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial ethernet cables market with detailed market segmentation
- type, application, and geography. The global industrial ethernet cables market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial ethernet cables market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the industrial ethernet cables market is segmented into consumption bulk cable, cordsets.
- On the basis of application, the industrial ethernet cables market is segmented into classical ethernet, fast ethernet, gigabit ethernet, 10 gigabit ethernet.
IMPACT OF COVID-19 ON INDUSTRIAL ETHERNET CABLES MARKET
The 2019 novel coronavirus has created tremors in several industries. The tremendous growth in the spread of the virus has urged governments across the globe to impose strict restrictions on the movement of humans and vehicles. Due to mass lockdowns, travel bans, and business shutdowns, the novel outbreak has been affecting economies and myriad industries in various countries. The lockdown imposition has resulted in lesser production of goods and commodities. Semiconductor, manufacturing, industrial sector witnessed decline in their operations, annual revenue due to temporary shutdown of activities. This has had a negative impact on the market. In addition, temporary closure also resulted into less procurement of new industrial ethernet cables among industries during the first quarter of 2020.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial ethernet cables market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SAM). The industrial ethernet cables market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial ethernet cables market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the industrial ethernet cables in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial ethernet cables market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial ethernet cables market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial ethernet cables in the global market. Below mentioned is the list of few companies engaged in the industrial ethernet cables market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial ethernet cables market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Belden
- General Cable
- Nexans
- SAB Brockskes
- Alpha Wire
- B&B Electronics
- Panduit
- Siemens AG
- Hitachi Cable
- L-com