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LAN cables, also known as local area network cables, play a crucial role in facilitating connectivity among devices within a network, ensuring efficient data transmission. These cables, typically made of copper, serve as the essential link connecting peripheral devices like laptops and computers to routers, modems, and switches. The prevailing networking technology for local area networks (LAN) is Ethernet, standardized under IEEE 802.3. The escalating number of data centers in developing nations has significantly propelled the demand for LAN cables in these regions. Furthermore, the ever-increasing need for rapid data transfers within networks is expected to drive the growth of the global LAN cable market in the forecast period. Additionally, the expansion of infrastructure and the construction of smart homes are anticipated to create numerous opportunities for LAN cable providers in the foreseeable future.
For a comprehensive analysis of the global LAN cable market, MRFR has categorized it based on type, application, and region. Types include CAT 6 cable, CAT 6A cable, CAT 7 cable, CAT 5 cable, and CAT 5e cable. The CAT 6 cable segment dominates the market, commanding a share of 30.7%, followed by CAT 6A and CAT 7 cable segments, holding shares of 27% and 22.2%, respectively. On the application front, the market is segmented into home use, office use, and industrial use. The office use segment is anticipated to lead the market, trailed by commercial use and home use segments. Geographically, the LAN cable market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America currently holds the lion's share, accounting for 33.3% of the overall market. Meanwhile, Asia-Pacific is poised to witness the fastest growth with a projected CAGR of 5.79% during the forecast period.
In the course of the study, MRFR has scrutinized numerous key players in the global LAN cable market. Notable contributors include Belden Inc., Black Box Corporation, Huzhou Shumai Cable Co., Ltd, Fiberstore, Infinite Electronics International Inc., OTSCable.com Co Ltd., Hitachi Ltd., Nexans SA, DBA Primus Cable, LEONI AG, and General Cable Technology Corporation. These players engage in healthy competition, differentiating themselves based on the quality, reliability, applicability, and data transfer rates of LAN cables in a network environment. Furthermore, they strategically focus on gaining a competitive edge over peers globally by offering a diverse array of products suitable for residential, commercial, and industrial purposes.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 6.5 Billion |
| Market Size Value In 2023 | USD 6.8 Billion |
| Growth Rate | 4.80% (2023-2032) |
LAN Cable Market Highlights:
Global LAN Cable Market Overview:
LAN Cable Market Size was valued at USD 6.8 Billion in 2023. The LAN Cable market industry is projected to grow from USD 7.09 Billion in 2024 to USD 9.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.26% during the forecast period (2024 - 2032). Increased demand for the establishment of data centers and demand for high-speed data transfer are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
LAN Cable Market Trends
- Growing demand for high-speed internet facilities is driving the market growth.
Market CAGR for LAN cable is being driven by the rising demand for high-speed internet facilities. The development in communication technology with the increase in the probing of connected devices is driving the LAN cable market growth. LAN cables are widely utilized to connect devices in a network, and it is a famous form of network connection utilized by specific organizations, like school campuses, offices, and hospitals. LAN cables have advanced from Cat1 to Cat6 cables and become a popular option for the data center, anticipated to create important opportunities for market growth.
A LAN cable is the hardware component of a network offering communication over a local network by connecting the router with peripheral devices and further connected to a local server. The laptops or computers can be connected with modems, routers, and switches by copper cables. Though it provides connectivity to a small area, various LANs can be connected to produce a bigger network. The market got a boost during Covid-19 as everyone was bound to do work from home, which increased the demand for LAN cables for better connection. Ethernet LAN cables are largely utilized and trusted network technology as its simple to install and have various advantages over the alternative methods. Ethernet cables enhances the performance of connected devices by fast data transport. Wired internet-enabled devices like computers, modems, and routers can all connect to and transmit broadband signals.
The increased need for the construction of data hubs and their wide use in commercial and governmental organizations have been crucial driving factors for the expansion of the market. The infrastructure and development initiatives directly or indirectly boost the growth of the market. The Ethernet LAN cables have great durability and lesser security risks compared to additional interacting services like Wi-Fi and Bluetooth technologies; these factors will directly lead to the expansion of the market. Thus, driving the LAN Cable market revenue.
LAN Cable Market Segment Insights:
LAN Cable Type Insights
The LAN Cable Market segmentation, based on type, includes Copper and Fiber. The copper segment dominates the market, accounting for the largest market revenue as these are cost-effective and have greater flexibility than fiber-optic cable and thus dominate the market in terms of revenue and volume. The two types of copper cable are Network cable (CAT3, CAT5, CAT5e, and others) and Power over Ethernet (CAT6, CAT6A, CAT7, and CAT8). The fiber optic cable is anticipated to grow at a faster CAGR. The fiber optic cable is of two types, namely: single-mode and multi-mode fiber-optic cables.
LAN Cable Form Insights
The LAN Cable Market segmentation, based on form, includes Solid Ethernet Cable and Stranded Ethernet Cable. The solid ethernet cable dominates the market as it has superior performance and is resistant to electrical interference, and works well with the traditional punch-down the application. Solid copper conductors are much strong and durable, which makes them best for outdoor use. These are often present in the lengths required for in-wall or plenum space installations and also for outdoor uses. Furthermore, the Stranded Ethernet Cable is anticipated to grow at a faster CAGR. Stranded cables are much flexible and can withstand greater bending when compared to rigid solid conductors that can fail when flexed too many times.
Figure 1: Global LAN Cable Market, by Form, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
LAN Cable Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American LAN Cable market dominates the market due to the rise in the fiber optic cable segment. The rise in digital advancement and adoption of new technology in commercial, industrial, and residential sections of the region has been increasing the demand for high-speed data transfer and a number of data centers. The US has the highest market share for the LAN Cable market in the region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: LAN Cable Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Asia Pacific LAN Cable market accounts for the second-largest market share because of the technically advanced infrastructure and new data centers set up in the region and rising demand from the developing countries in this region. Further, China’s LAN Cable market held the largest market share, and the Indian LAN Cable market was the rapid-growing market in the European region.
The European LAN Cable Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to the technological development in the Ethernet cable industry and increasing demand for power over Ethernet cables in the region. Moreover, the German LAN Cable market held the largest market share, and the UK LAN Cable market was the rapid-growing market in the Asia-Pacific region.
LAN Cable Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to spread their product lines, which will help the LAN Cable market grow even more. Market participants are also undertaking a various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the LAN Cable industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global LAN Cable industry to benefit clients and increase the market sector. In recent years, the LAN Cable industry has offered some of the most significant advantages to the cable industry. Major players in the LAN Cable market, including Hitachi Ltd, BELDEN Inc., I-com, Nexans SA, Black Box Corporation, HYPERTE, General Cable Technology Corporation, Prysmian Group, Infinite Electronics International Inc., Fiberstore, Huzhou Shumai Cable Co. Ltd., and others, are attempting to increase market demand by investing in research and development operations.
Nexans is the global leader in designing and manufacturing cable systems and services in five lead business areas, including energy generation & transmission, usage, telecom & data, and Industry & solutions. The company plays important in the electrification of the planet and pledges to contribute to carbon neutrality by 2030. It provides services that are sustainable, safer, renewable, and carbon-free in about 42 countries. In September 2021, Nexans SA announced an agreement to acquire Centelsa, a premium manufacturer of Latin America engaged in the manufacturing of cables for building and utility purposes. The government has also approved the business for the development of items that can provide high speed and accuracy.
Black Box, headquartered in Texas, United States, is a multinational System Integration and products solution provider operating over 75 locations across 35 countries. The company's Global Solutions Integration offers digital workplaces, connected buildings, customer experience, enterprise networking services, and data centers. In November 2019, a distribution agreement was formed between Black Box and HYPERTE to provide their dealers and installers access to their customers in the UK and Ireland. On the commencement of this arrangement, the Black Box firms were able to provide technical backing and expedite delivery and resources. In order to expand its business in public and commercial sectors globally, this agreement offered a strong value proposition.
Key Companies in the LAN Cable market include
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Hitachi Ltd
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I-com
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Nexans SA
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Black Box Corporation
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HYPERLITE
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General Cable Technology Corporation
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Prysmian Group
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Infinite Electronics International Inc.
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Fiberstore
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Huzhou Shumai Cable Co. Ltd.
LAN Cable Industry Developments
April 2019: Hitachi cable launched specific category 6a indoor and outdoor pl-enumerated cables, which is specifically designed for wet places and plenum spaces. These cables have improved the electrical performance, which is important to support 10 gigabit Ethernet.
December 2019: A line extension product named q4 was launched by BELDEN Inc to improve the cable and connectivity solutions. The focus of their launch was to help end-users with minimized costs and speeding the process of installation. It can be installed with single port modularity, allowing a quick & cost-effective repair when the connection is to be replaced.
February 2019: Innovative black & white cat6 and flat cat 5e Ethernet cables were introduced by I-com in order to solve the problem of bending in conventional round cables. Molded RI 45 local area network cable connectors over them are included in the recently introduced cables allowing uninterrupted transmission in small locations.
LAN Cable Market Segmentation:
LAN Cable Type Outlook
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Copper
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Fiber
LAN Cable Form Outlook
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Solid Ethernet Cable
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Stranded Ethernet Cable
LAN Cable Regional Outlook
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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