Enjoy complimentary customisation on priority with our Enterprise License!
The coaxial cables market size is forecast to increase by USD 2.98 billion, at a CAGR of 4.68% between 2023 and 2028. The market's growth hinges on diverse factors, such as the widespread adoption of broadband internet-access cables and advancements in DOCSIS telecommunication standards. Notably, the digitization of television networks in developing nations is a significant catalyst for expansion. However, market growth faces hurdles from escalating competition posed by wireless technologies and fiber optic standards. These challenges compel industry players to innovate continually and enhance service offerings to maintain competitiveness. As broadband becomes more ubiquitous and digital TV networks expand globally, strategic adaptation to technological shifts and regulatory changes will be crucial for sustaining growth in the dynamic telecommunications market.
The market in APAC is fuelled by the digitization of CATV networks, and the growth of mobile telecommunication networks. Coleman Wires and Cables offers high and medium-voltage cables, low-voltage cables, fire-resistant wires and cables, and other products. The key offerings of the company include a complete portfolio of coaxial cables.
Market Forecast 2024-2028
To learn more about this report, Request Free Sample
Coaxial cables have been a significant solution for high-speed data connectivity in various sectors, including remote areas and smart urban developments. These cables, comprised of an inner conductor, insulating layer, and tabular conducting shield, are essential components of distribution networks in the cable television industry and telecommunication service companies. Coaxial cables are also utilized in the hard-line cable sector, military and aerospace, and telephone service providers, where long-distance connections and electromagnetic interference protection are crucial. The market encompasses applications such as internet data transfer, video distribution, and radio frequency transfer. Triaxial cables, which are radiating coaxial cables with an additional shield, are used in aerospace and defense applications for long-distance networks. Aluminum cables and three-conductor cables are other types of coaxial cables that cater to specific requirements in the market. Overall, the market continues to grow, driven by the increasing demand for reliable and high-speed connectivity solutions in various industries.
The digitization of television networks in developing countries is notably driving market growth. The market experiences substantial growth due to the increasing demand for high-speed data connectivity, particularly in remote areas and smart urban settings. They are extensively utilized in various sectors, including network transfer for smart cities, the television cable sector, telecommunication service companies, and the hard-line cable sector. These cables, consisting of a metal wire encased by insulation and a conductive shield, facilitate long-distance connections for various applications.
Moreover, coaxial cable manufacturers produce three-conductor tri-axial cables, which are suitable for radiofrequency transmission in telecommunication infrastructure. Internet subscribers rely on these cables for long-distance data transmission, enabling analog and digital signals for internet connection and broadband internet access. Coaxial cables' physical properties, such as their ability to transmit both analog and digital signals, make them an essential component of various industries. These developments are key drivers fostering market growth in the forecast period.
Regulations for cable TV infrastructure are an emerging trend in the market. It plays a pivotal role in facilitating high-speed data connectivity in various sectors, including aerospace and defense, smart urban areas, and telecommunication service companies. These cables, which consist of a metal wire surrounded by insulation and a conductive shield, are essential for network transfer in smart cities and long-distance connections.
Moreover, coaxial cable manufacturers produce three-conductor tri-axial cables for use in the radiofrequency transmission sector, telecommunication infrastructure, and internet subscribers' homes for broadband internet access and digital signals transmission. In the television cable sector, they are utilized for distributing analog and digital signals, including video distribution and radio frequency transfer. These factors will fuel the growth of the market during the forecast period.
Increasing competition from wireless and fiber optic standards are major challenges impeding the market. The coaxial cable market plays a pivotal role in delivering high-speed data connectivity, particularly in remote areas and smart urban settings. As part of the telecommunication infrastructure, it facilitates network transfer in smart cities, enabling Internet subscribers to access broadband internet and digital signals for television and telecommunication services.
Moreover, a three-conductor tri-axial design, are widely used in the hard-line cable sector for long-distance connections due to their superior performing properties. In the television cable sector, they have been a staple for transmitting analog and digital signals, providing video distribution and radio frequency transfer for cable television industry and telephone service providers These limitations make users adopt fiber or wireless mediums as they offer higher benefits at a lower cost, which may pose a major challenge to the growth of the market during the forecast period.
The market share growth by the telecommunication segment will be significant during the forecast period. The increase in telecommunication demand directly stems from the growth of mobile and wireless consumers and the development of next-generation technologies.
Customised Report as per your requirements!
The telecommunication segment was valued at USD 3.53 billion in 2018. Developing nations in APAC and MEA represent the biggest growth opportunity in this segment, as operators are targeting to maximize their network reach across all geographical areas. The growth potential in MEA and APAC remains very high due to the exponential growth in the mobile subscriber base. The demand for these cables is increasing primarily due to the rise in fixed broadband subscriptions, an increase in the adoption of 4G, and the evolution of 5G. Also, the growing internet use and rise in the number of mobile users have fostered the need for more data transfer across regions. Increasing investments in 5G by market participants across the world will accelerate the demand from telecommunication service providers. These factors will boost the segment growth during the forecast period.
Based on the application, the segment is classified into video distribution, internet data transfer, and radio frequency transfer. The video distribution segment will account for the largest share of this segment. The Coaxial cables have been a cornerstone in the communication industry for transmitting high definition videos, voice, and data over long distances. Communication equipment manufacturers have extensively utilized this technology due to its shielded construction, which ensures the inner conductor's swift data transfer without radiating noise or interference from the environment. The insulating layer and tabular conducting shield protect the signal from external disturbances, making it ideal for aerospace and defense applications. Three-conductor coaxial cables, also known as triaxial cables, offer enhanced protection against electromagnetic interference.
For more insights on the market share of various regions Download Sample PDF now!
APAC is estimated to contribute 44% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. APAC represents the largest market in terms of the highest share of the market revenue. APAC will be the fastest-growing market in the following years due to demand from several rapidly growing economies. The growth in APAC can be attributed to several factors, including the digitization of CATV networks, the growth of mobile telecommunication networks, and the replacement of slow DSL Internet with high-speed cable networks. Hence, such factors are driving the market in APAC during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amphenol Corp: The company offers a wide variety of coaxial cables like cable assemblies and harnesses, cable management products and backplane interconnect systems.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including Alpha Wire Inc., Belden Inc., Coleman Wires and Cables, CommScope Holding Co. Inc., Habia Cable AB, Hengxin Technology Ltd., HUBER SUHNER AG, Infinite Electronics Inc., Infinite Electronics International Inc., Kingsignal Technology Co. Ltd., Leoni AG, LS Cable and System Ltd., Prysmian Spa, Southwire Co. LLC, Sumitomo Electric Industries Ltd., TE Connectivity Ltd., Trigiant Group Ltd., W. L. Gore and Associates Inc., and Zhuhai Hansen Technology Co. Ltd.
Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
You may also interested in below market reports:
The market is a significant segment in the telecommunications industry, utilized extensively for various applications due to their ability to transmit data, video, and voice signals efficiently. They consist of a central conductor, insulation, shielding, and an outer jacket. Their versatility and capacity to support high-speed data transmission make them an essential component in broadband networks, cable television systems, and other communication applications. The increasing demand for high-speed internet and advanced multimedia services is driving the growth of the market. Additionally, the ongoing advancements in cable technology, such as the development of higher bandwidth and more efficient cables, further boosts market expansion. The telecommunications sector's continuous evolution and the increasing adoption of it in various applications are expected to create lucrative opportunities for market participants.
Moreover, the Market is experiencing significant growth driven by the demand for High-speed data connectivity and the expansion of Internet connectivity, particularly in Remote areas and Smart urban areas. With Public spending and Government spending initiatives, Smart cities and Villages are being connected, enhancing Network connectivity. The market caters to various sectors, such as the television cable sector, telecommunication service companies, and Internet service provider sector. It encompasses Coaxial cable types, including Three-conductor tri-axial cable for the Radiofrequency transmission sector. Partnerships, collaborations, and online distribution channels drive market dynamics, while factors like Signal quality, Cable type, Fibre optic cables, Secure data transfer, and Protection from noise and interference ensure efficient Signal transmission and Internet connection.
Furthermore, the Market is influenced by several key factors, starting with the growing Internet user base and the consequent demand for reliable data transfer solutions. In addition, tax rebates and favorable policies in the Telecom and IT industries contribute to market growth by incentivizing investments in infrastructure development. The cost of installation, particularly in comparison to fiber optic cables, remains a significant consideration for decision-makers in various industries such as television cable, automobile, and marine sectors. In addition, despite the emergence of superior performing substitutes, it continues to offer advantages such as Low cost of installation and efficient radiofrequency transfer for analog signals. This makes them a preferred choice for internet service providers and system integrators looking to deploy cost-effective and reliable connectivity solutions. Market players in the segment are focusing on future estimations and prospects, leveraging variations in cable types and innovative technologies to meet evolving industry demands.
Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.68% |
Market Growth 2024-2028 |
USD 2.98 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.39 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 44% |
Key countries |
China, US, Japan, Germany, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alpha Wire Inc., Amphenol Corp., Belden Inc., Coleman Wires and Cables, CommScope Holding Co. Inc., Habia Cable AB, Hengxin Technology Ltd., HUBER SUHNER AG, Infinite Electronics Inc., Infinite Electronics International Inc., Kingsignal Technology Co. Ltd., Leoni AG, LS Cable and System Ltd., Prysmian Spa, Southwire Co. LLC, Sumitomo Electric Industries Ltd., TE Connectivity Ltd., Trigiant Group Ltd., W. L. Gore and Associates Inc., and Zhuhai Hansen Technology Co. Ltd. |
Market dynamics |
Parent market analysis, market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.