Cable Assembly Market to grow at a CAGR of 6.53% from 2022 to 2027

NEW YORK, July 12, 2023 /PRNewswire/ -- The cable assembly market is expected to grow by USD 72 billion during the five-year forecast period, according to Technavio. As per the latest report, the market will progress at a CAGR of 6.53% from 2022 to 2027 according to Technavio. The introduction of high-speed cable assemblies is a major trend in the market. Cable assemblies enable the transfer of data by ensuring quick and dependable communication. For example, Samtech's AcceleRate enables high-speed data transfer at speeds exceeding 56 Gbps using pulse amplitude modulation with four-level (PAM4) speeds. As the need for fast data transmission grows in products like computers and data centers, there is also an increasing demand for high-speed cable assemblies. Hence, these technological advancements are expected to drive market growth during the forecast period. View the new Sample Report within minutes!

Key Drivers- The rising demand for electric vehicles (EVs) is a key factor driving market growth.

Significant Challenges- The production of ultra-miniature RF cable assemblies is a significant challenge restricting market growth.

Cable Assembly Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Amphenol Corp., Aptiv, BizLink Holding Inc, Cablecraft Motion Controls LLC, Carlisle Companies Inc., Carrio Cabling Corp., Copartner Tech Corp., Corning Inc., Fischer Connectors Holding SA, Japan Aviation Electronics Industry Ltd., Koch Industries Inc., Minnesota Wire & Cable Co., Nexans SA, NKT AS, Prysmian Spa, RF Industries Ltd., Samtec Inc., Smiths Group Plc, TE Connectivity Ltd., and W. L. Gore and Associates Inc. are some of the major market participants. Although the Increasing demand for EVs will offer immense growth opportunities, the Availability of counterfeit and grey-market products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Vendor Offering

3M Co. - The company offers cable assemblies such as industrial camera cable assemblies, MDR and SDR cable assemblies, and molded-on cable assemblies.

Amphenol Corp. - The company offers cable assemblies such as 5GFlex 18 Assemblies and CCS1 EVSE Cable Assy.

Aptiv - The company offers cable assembly such as SICMA Inline sealed.

Cable Assembly Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our cable assembly market report covers the following areas:

Cable Assembly Market size

Cable Assembly Market Trends

Cable Assembly Market industry analysis

Cable Assembly Market five forces analysis

Cable Assembly Market competitive landscape

What's New? -

Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession

Global competitiveness and key competitor positions

Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Cable Assembly Market 2023-2027: SegmentationCable Assembly Market is segmented as below:

Product

Application

Geography

The market share growth in the application-specific segment will be significant during the forecast period. Application-specific cable assemblies are designed for particular uses and are custom-made. Furthermore, these cable assemblies are widely utilized in the automotive, medical, telecommunications, military, and defense industries. For instance, application-specific cable assemblies are used in defense/military vehicles that are designed to withstand hard environments and extreme weather conditions. Hence, these factors are expected to drive segment growth during the forecast period.

To learn more about the impact of different segments on the market growth, Request a Sample PDF Report!

Cable Assembly Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027

Detailed information on factors that will assist cable assembly market growth during the next five years

Estimation of the cable assembly market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the cable assembly market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of cable assembly market vendors.

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Cable Assembly Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.53%

Market growth 2023-2027

USD 72 billion

Market structure

Fragmented

YoY growth 2022- 2023 (%)

6.14

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 59%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Amphenol Corp., Aptiv, BizLink Holding Inc, Cablecraft Motion Controls LLC, Carlisle Companies Inc., Carrio Cabling Corp., Copartner Tech Corp., Corning Inc., Fischer Connectors Holding SA, Japan Aviation Electronics Industry Ltd., Koch Industries Inc., Minnesota Wire & Cable Co., Nexans SA, NKT AS, Prysmian Spa, RF Industries Ltd., Samtec Inc., Smiths Group Plc, TE Connectivity Ltd., and W. L. Gore and Associates Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data, you are looking for, you can reach out to our analysts and get customized segments.

Table Of Contents

1 Executive Summary

1.1 Market Overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global cable assembly market 2017 - 2021

4.2 Product Segment Analysis 2017 - 2021

4.3 Application Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments

6.2 Comparison by Product

6.3 Application-specific - Market size and forecast 2022-2027

6.4 Rectangular - Market size and forecast 2022-2027

6.5 RF - Market size and forecast 2022-2027

6.6 Circular - Market size and forecast 2022-2027

6.7 Others - Market size and forecast 2022-2027

6.8 Market opportunity by Product

7 Market Segmentation by Application

7.1 Market segments

7.2 Comparison by Application

7.3 Automotive - Market size and forecast 2022-2027

7.4 Consumer electronics - Market size and forecast 2022-2027

7.5 Telecom and datacom - Market size and forecast 2022-2027

7.6 Industrial - Market size and forecast 2022-2027

7.7 Others - Market size and forecast 2022-2027

7.8 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 Europe - Market size and forecast 2022-2027

9.5 North America - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 China - Market size and forecast 2022-2027

9.9 US - Market size and forecast 2022-2027

9.10 Japan - Market size and forecast 2022-2027

9.11 India - Market size and forecast 2022-2027

9.12 Germany - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 3M Co.

12.4 Amphenol Corp.

12.5 Aptiv

12.6 BizLink Holding Inc

12.7 Cablecraft Motion Controls LLC

12.8 Carrio Cabling Corp.

12.9 Copartner Tech Corp.

12.10 Corning Inc.

12.11 Fischer Connectors Holding SA

12.12 Koch Industries Inc.

12.13 Minnesota Wire Cable Co.

12.14 Nexans SA

12.15 RF Industries Ltd.

12.16 Smiths Group Plc

12.17 TE Connectivity Ltd.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base comprises enterprises of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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