Cable Assembly Market Report

The global Cable Assembly market is projected to benefit from surge in the number of electric vehicles. Cable Assemblies are designed for specific environmental factors and are available in different shapes and sizes. They keep the interior cables and wires safe from heat, moisture, abrasion, friction, compression, and various other extreme circumstances. Manufacturers are manufacturing high quality cable assemblies to meet the end product needs while keeping costs low.

The Cable Assembly market has been undergoing a number of product innovations. One such instance is SFP56/QSFP56 Pluggable I/O Cable Assemblies by TE Connectivity. These cable assemblies are well suited for use in switches, routers, wireless base stations, servers, and network interface.

Market participants to launch high-speed cable assemblies

Some of the major companies operating in the Cable Assembly market are TE Connectivity Ltd., Amphenol DC Electronics (ADCE), Fischer Connectors SA, Samtec, Inc., Jae Electronics, Inc., Koch Industries, Inc. (Molex), Yazaki Corporation, W.L. Gore and Associates, Foxconn (FIT), Luxshare Precision Industry Co., Ltd., Epec, LLC, and Delphi Connection Systems.

Players are introducing high-speed cable assemblies that facilitate fast and reliable transmission of data. For instance, one of the major companies, Amphenol DC Electronics has launched RF High Speed Data (HSD) Cable Assemblies for differential and digital data transmission. Key applications associated with include infotainment modules, cluster displays, headend units, and consumer ports.

Surge in the demand among end-user industries to boost the market growth

Increasing demand for Cable Assemblies in a wide range of industries such as military, medical, automotive, and industrial is a key factor supporting the Cable Assembly market growth. Increased popularity of fiber optics is also having a positive impact on the Cable Assembly market growth. Data centres and servers are increasingly demanding high-speed data transmission, which is eventually necessitating the usage of high-performance and high-speed cables. Presence of counterfeit products may hamper the Cable Assembly market growth in the near future.

Market Segmentation

By Type

●  Custom/Application Specific Assemblies

●  Rectangular Assemblies

●  Radio Frequency (RF) Assemblies

● Circular Assemblies

     By Application

●  Automotive

●  Telecom

●  Industrial

●  Medical

The market analysts predict that demand for custom/application specific assemblies may witness a surge in the near future as they offer better accuracy, flexibility, and accountability and have multiple functions such as power, optical fiber, signal, video, coax, and cable shielding. Application of Cable Assemblies is anticipated to expand in the automotive industry on account of rising demand for electric and hybrid vehicles. Moreover, demand for infotainment & multimedia and safety cable assemblies is on the rise in the automotive sector.

By Region

Presence of major automotive OEMs in China and India may support the Cable Assembly market growth in Asia Pacific to a great extent. In addition, increasing investment in the telecommunication network infrastructure is having a positive impact on the regional market growth. The regional analysis will give a clear cut understanding to the readers regarding the current and future situations of the global Cable Assembly market.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.