The
global industrial
communication cables market is expected to display higher growth rate
over the next five years. Rapid surge in market is credited to the increasing
demand for seamless data communication and growing adoption of automation
technologies. Development of high performance industrial communication cables
is considered as a key aspect of modern production facilities, manufacturing
processes and the industrial infrastructure. Globally, market is predicted to
generate massive revenue over next five years, providing numerous opportunities
for industry participants to invest in research and development of industrial
communication cable market.
The
industrial communication cables is capable of delivering high-speed data
transmission. Industrial communication cables offer numerous over traditional
wired infrastructure such as ordinary communication cables. Application of
industrial communication cables include signal transmission, communications,
instrumentation & control, single ended transmitters and multi-point
network access. Industrial communication cables are used along with various
transmission devices, converters & repeaters.
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Industrial
communication cables consists of in-built modem, which enables internet access
on multiple connected devices. The voltage is supplied to the communication
cables to transmit broadband signals is dropped at medium range with help of
head end device in order to improve internet connectivity. As the voltage is
dropped at medium range, the signal starts to degrade. To avoid such problem,
repeaters are used to amplify the modulated signal, so it reaches the
destination in a healthy condition. This provides higher data transfer rate and
smoother transmission.
Industrial
communication cables market is broadly categorized into two major segments
based on application type such as process industries and discrete industries.
Process industries segment is growing rapidly in the market with substantial
revenue generation in the last few years. Growing popularity of industrial
communication cables in process industries segment is attributed to
implementation of advanced communication protocols and low cost solutions.
Market
is divided by region as North America, Europe, Asia-Pacific, Latin America and
Africa. North America has shown major growth in recent years owing to the rise
in implementation of latest technologies in communication sector, surge in
number of research & development activities in the region and existence of
well-established manufacturing infrastructure.
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Market Segment:
The key players covered in this study
•
Advantech
•
Anixter
•
General Cable Technologies
•
Hitachi
•
Nexans
Market segment by Type, the product can
be split into
•
Copper
•
Aluminum
•
Aluminum Alloy
Market segment by Regions/Countries,
this report covers
•
United States
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
•
Central & South America
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