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.

Black Box

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:

  • Type
  • Cable Type
  • Application
  • 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:

  • Cat5
  • Cat6
  • Cat5e
  • Cat6a
  • Cat7
  • Multimode Optical Fiber
  • Others

Global Patch Cable Market, by Application

On the basis of application, the global patch cable market can be segregated into:

  • Networking
  • Non-networking

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
  • Automotive
  • Industrial
  • Others

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
  • Europe
  • 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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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.

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