Global Cable Assembly Market 2020-2024 | Evolving Opportunities with 3M Co. and Amphenol Corp. | Technavio

The cable assembly market is poised to grow by USD 65.83 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200217005234/en/

Technavio has announced its latest market research report titled global cable assembly market 2020-2024 (Graphic: Business Wire)

Read the 120-page report with TOC on "Cable Assembly Market Analysis Report by Application (Automotive, Consumer electronics, Telecom and datacom, Industrial, and Others), Product (Application-specific, Rectangular, RF, Circular, and Others), Geographic segmentation (APAC, Europe, MEA, North America and South America), and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/cable-assembly-market-size-industry-analysis

The market is driven by the increased popularity of fiber optics. In addition, the advent of high-speed cable assemblies is anticipated to boost the growth of the cable assembly market.

Optical fibers offer faster data transmission, greater bandwidth, and minimal data loss in comparison to copper wires. They enable distortion-free signals with high transmission rates and can withstand harsh external environments, ensuring high durability. Fiber optics have become immensely popular, with an ever-increasing number of network operators upgrading their existing networks to such optical technologies. Thus, the increased popularity of fiber optics is expected to drive market growth during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Cable Assembly Market Companies:

3M Co.

3M Co. operates the business under various segments such as Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer. The company offers cable assemblies that can be used in the data center, electronic industry, and other sectors.

Amphenol Corp.

Amphenol Corp. offers products through the following business units: Interconnect products and assemblies and Cable products and solutions. The company offers Amphenol's Charger Cable Solutions, which provides highly flexible customized connection solutions from standard USB2.0/3.0 to the device side with Pogo pins or Spring.

BizLink Holding Inc.

BizLink Holding Inc. operates under various business segments, namely Motor Vehicle, IT & CE, Electrical Appliances, Medical Equipment, Optical Fiber Communications, Solar, Industrial, and Wires & Cables. The company offers various types of cable assemblies such as LAN Cable, Type-C cable, Electric Vehicle Cable, and others.

Cable Manufacturing & Assembly Co. Inc.

Cable Manufacturing & Assembly Co. Inc. and offers products through the following business segments: Conductive Solutions and Mechanical Solutions. The company offers various types of cable assemblies such as Remote Actuation Cable Systems (RAS), Pull-Pull Cables, Cycle-Flex Miniature Cable and Assemblies, and others.

Corning Inc.

Corning Inc. offers products through the following business segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, Life Sciences, and All Other. The company offers 750 series of assembly products that can be used at CATV networks, telecommunication, and data centers.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Cable Assembly Market Application Outlook (Revenue, USD Billion, 2020-2024)

• Automotive
• Consumer electronics
• Telecom and datacom
• Industrial
• Others

Cable Assembly Market Product Outlook (Revenue, USD Billion, 2020-2024)

• Application-specific
• Rectangular
• RF
• Circular
• Others

Cable Assembly Market Geographic Outlook (Revenue, USD Billion, 2020-2024)

• APAC
• Europe
• MEA
• North America
• South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Industrials Include:

Cable Tray Market – Global Cable Tray Market by end-users (commercial, industrial, and residential), and geography (APAC, Europe, MEA, North America, and South America).

Cable Clamps Market – Global Cable Clamps Market by geography (APAC, Europe, MEA, North America, and South America) and application (residential, industrial, and commercial).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 across 50 countries. Their client base consists of enterprises of all sizes, including more than 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200217005234/en/