Expanded Beam Cable Market is projected to grow at a CAGR of 23.7% during the forecast period: MRFR

Pune, India, Oct 2022, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Expanded Beam Cable Market.

The Expanded Beam Cable Market is predicted to reach USD 6,357.7 million by 2030, registering a 23.7% CAGR during the forecast period, 2022–2030. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the next few years. The global expanded beam cable market is expected to witness substantial growth during the forecast period, primarily due to increasing demand in mission critical applications and growing benefit expanded beam connectors.

Expanded Beam Cable Market Segmental Analysis

The global expanded beam cables market has been segmented into lens size, technology, connector type, single vs multi-channel connector, and application.

Based on lens size, the global expanded beam cable market is segmented into 0.8 mm, 1.25 mm, 2.0 mm, 2.5 mm, 3.0 mm and others. Lens size of 2.0 mm holds a largest market share in 2021 and expected to grow at a CAGR of 19%. Whereas others segment is expected to register a highest CAGR during forecast period.

Based on technology, the global expanded beam cable market is segmented into single mode, multi-mode and hybrid. A single-mode cable is a single glass fiber strand used to send a single mode or light ray. Multimode means the cable can propagate multiple modes. Whereas a hybrid cable can transmit data while also providing power to devices because it combines copper wires and optical fibers in one jacket.

Based on connector type the global expanded beam cable market is segmented into single channel expanded beam connector and multi-channel beam connector. The single channel expanded beam connectors feature single pair of lenses, which means a single stream of scattered radiations is transmitted via one channel of the connector. Whereas, in the multi-channel extended beam connectors, the number of lenses is twice the number of channels, one pair of lenses creates one channel.

Based on single vs multi-channel connector, the global expanded beam cables is segmented into rack & panel, panel mount connectors, in-line circular, quick-disconnect and others. In-Line Circular holds a largest share in 2021 with a value of USD 243.7 million, whereas Rack & Panel is expected to register a higher CAGR of 28.5% during forecast period. 

Based on application, the global expanded beam cables is segmented into military communications, oil & gas, medical, robotics, energy & power, broadcast systems, manufacturing & industrial, geophysical exploration, marine operations, military/ aerospace, commercial aerospace, space flight and others. Due to high usage of expanded beam cables in harsh environments, military communications hold a largest market share in 2021 and expected to register a CAGR of 20.2%. Whereas Broadcast Systems is expected to grow at highest CAGR of 28.9%.

Regional Analysis

Globally, the expanded beam cable market has been categorized into the North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America accounted for the largest market share of 48% in 2021, with a market value of USD 432.5 million; it is expected to register the highest CAGR of 21.5% during the forecast period. North America dominated the expanded beam cable market in 2021 and is expected to maintain its dominance during the forecast period, 2022–2030. US holds a major share in the North American expanded beam cable market due to the growing adoption of the technology in communication and data transmission services. As US citizens are advised to stay at home and workforce of most companies are going remote, the rise in consumer demand for high-speed internet led wireless carriers and cable providers to provide customers with greater speed and reliability as they invest into improving their digital infrastructures, is expected to support the expanded beam cable market performance in the US region. Canada is expected to be the fastest-growing country in terms of CAGR during the forecast period and is expected to account for the second largest market share in the region due to the increasing demand for expanded beam cables in different end-use verticals such as telecommunications, private data networks, and due to the growing demand for high-speed internet. The market growth is supported by the partnership programs taken up by the Canadian government, that aims to bring high-speed internet access to underserved rural parts and enable internet connectivity across institutions such as schools, medical centres, fire halls, indigenous resource centres and countless businesses. This is expected to drive the expanded beam cable market in this region.

Europe holds second largest market share in the region due to factors like, extensive seaborne trade in the region, and government initiatives to strengthen military communication technologies. For instance, in May 2020, Airbus (Netherlands) received a contract from the European Defence Agency (EDA) for establishing a new secure and immune satellite communications solutions (SATCOM) framework for the military and civil tasks of the EU and member states whose value is estimated to be in tens of millions of euros. Such developments are expected to drive the market for expanded beam cable. Additionally, the growth in the market has been due to the rising data consumption as more streaming and connected devices increases in the UK. This has led to increase in demand for expanded beam technology. The Europe is valued at USD XXX million and is projected to register a CAGR of 24.1%.

The massive population base of countries present in Asia-Pacific are the major drivers for the growth in the telecom industry in the region thereby driving the demand for expanded beam cables. Additionally, in these countries, the battle for mission-critical cloud applications is heating up. For instance, China's entire cloud ecosystem is going through a lot of change. Independent software vendors (ISV) are collaborating with telecom carriers and partners to deliver mission-critical business applications over the cloud as end users take cloud adoption more seriously. However, increasing demand for mission critical applications drives the expanded beam cable market in this region.

Competitive Landscape

The global market for expanded beam cable has witnessed significant growth over the forecast period due to the growing demand for mission critical application. There are several domestic, regional, and global players operating in the expanded beam cable market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the global expanded beam market who have contributed to the market growth. These include Optical Cable Corporation, TE CONNECTIVITY LTD., Harting Technology Group, Smiths Interconnects (Smith Group Plc), Neutrik, Tech Optics, X-Beam Tech, Warren & Brown Networks, Radiall, Bel Fuse Inc., Foss Fiberoptics, 3M Company, Sumitomo Electric Industries Ltd., Molex LLC, Amphenol Corporation, Glenair, ODU GmbH & Co. KG, COTSWORKS, INC., STRAN Technologies. These players focus on innovation and thus, invest in research & development to present a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

Among these, MRFR has identified top five key players in the global expanded beam cable market who have contributed to the global market growth.

Key Players

• TE Connectivity LTD. (Switzerland)


• Optical Cable Corporation (US)


• 3M Company (US)


• Amphenol FSI (US)


• Bel Fuse Inc. (US)

These players focus on expanding and enhancing their Resolution portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.

is expected to reach USD 6,357.7 million by 2030, at a CAGR of 23.7% during the forecast period, 2022–2030.