Global Patch Cable Market: Introduction
Patch cables, also known as patch chords, are used to connect two electronic or optical devices in a network with the help of connectors on its both ends. Patch cables are also used to connect electronic devices in non-networking applications to carry audio, video, and telephone signals. Patch cables are different from other types of copper cables, as they are more flexible than stiff and bulky copper cables. Patch cables are available in various colors and are shorter than other kinds of networking cables. There are multiple types of patch cables: cat5, cat6, cat5e, cat6a, cat7, and multimode optical fiber, among others. Majorly used patch cables are cat5/cat5e Ethernet cables that connect computer with router or hub. Furthermore, Ethernet patch cables are used in home computer network. Patch cables are employed in various end-use industries, such as IT & telecommunication, consumer electronics, automotive, and industrial.
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Global Patch Cable Market: Competition Landscape
NAI Group, LLC
NAI Group, LLC is headquartered in Scottsdale, Arizona, the U.S. The company is a global manufacturer of high-reliability connectivity solutions for critical and other high performance applications. In February 2018, the company announced the opening of its new cable manufacturing plant in the U.S. and the Midwest. The company manufactures cables for telecommunication and medical industries.
Founded in 1976, Black Box is headquartered in Lawrence, Pennsylvania, the U.S. The company is a global technological solutions provider and helps its customers to build, manage, and secure their IT infrastructure. The company expanded its product line of cat6a 650-MHz patch cables by offering green, red, and yellow colored cables in addition to its gray, black, blue, and white colored cables.
Key players operating in the global patch cable market are NAI Group, LLC, Black Box, CommScope, General Cable, Corning, Legrand North America LLC, CP Technologies, Panduit Corp, Quabbin Wire & Cable Corporation, Major Custom Cable Inc., and Schneider Electric.
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Global Patch Cable Market: Dynamics
Increase in Demand for High-speed Connectivity Devices and Systems
Patch cables are part of the local area network (LAN), and are increasingly being used in corporate offices, data centers, and other commercial places to connect telecommunication or computer devices to servers and storage portals. In networking applications, fiber patch cords are capped with connectors at both ends, which help to connect the chord quickly to a computer device or optical switch. Over a the past decade, the popularity of internet usage has risen considerably and with technological advancements, internet connectivity upgraded from 2G, 3G, and 4G to 5G, owing to rise in demand for high-speed internet connectivity. Hence, with increasing use of internet connection for data storage, file sharing, telecommunication, and streaming videos, the demand for patch cables increased for connecting electronic devices to routers or hubs, owing to its data transfer capability at high speeds. Increase in use of patch cables for high-speed connectivity devices and system is expected to drive the global patch cable market during the forecast period.
Global Patch Cable Market: Segmentation
The global patch cable market can be segmented based on:
- Cable Type
- End-use Industry
Global Patch Cable Market, by Type
In terms of type, the global patch cable market can be bifurcated into:
- Copper Cable
- Fiber Optic
Global Patch Cable Market, by Cable Type
Based on cable type, the global patch cable market can be classified into:
- Multimode Optical Fiber
Global Patch Cable Market, by Application
On the basis of application, the global patch cable market can be segregated into:
Global Patch Cable Market, by End-use Industry
Based on end-use industry, the global patch cable market can be categorized into:
- IT & Telecommunications
- Consumer Electronics
The report on the global patch cable market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness of each segment. The report also maps the qualitative impact of various factors on different segments of the market across regions.
Regional analysis of the global patch cable market includes:
- North America
- Asia Pacific
- Middle East & Africa (MEA)
- South America
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.