The electronics, automotive, communication, and networking industries are continuously evolving by innovating their product offerings to support high speed data transfer. Thus, a rising demand for high speed cables to facilitate easy connectivity is propelling the market growth. An advent of IoT and Big Data technology in 4K TVs, 5G wireless networks, and wearable devices is bolstering the demand for more data transfer solutions. As a result, the high speed cable market players are focusing on developing faster and more efficient transmission cables. Automotive manufacturers are installing more electronic and infotainment systems in vehicles to provide high connectivity. Further, increasing disposable income, associated with a rise in the purchasing power of consumers, propels the sales of smartphones, computers, and home network connecting devices, among others, incorporated with high speed cables that enable faster data transfer with minimal signal losses.
TE CONNECTIVITY, LEONI, BROADCOM, SUMITOMO CORPORATION, AND AMPHENOL CORPORATION – PROMINENT MARKET PARTICIPANTS IN HIGH SPEED CABLE MARKET
The adoption of internet services has increased in North America, Asia, and Europe as a majority of the population is working from home during the COVID-19 pandemic. A consequent surge in demand for home networking devices, fiber optic connections, and computers, among others, is creating lucrative opportunities for the growth of the high speed cable market players. Further, with the emerging need for data storage, the number of data centers is escalating. The transfer of data on cloud servers requires connectivity solutions of higher speed, which fuels the adoption of high speed cables.
TE Connectivity, LEONI, Broadcom, Sumitomo Corporation, and Amphenol Corporation are some of the key market players operating in the global high speed cable market. The listing of key players is derived by considering multiple factors such as overall revenue, current high speed cable product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the high speed cable ecosystems which were studies analyzed during the course of this market research study, such as, Axon’ Cable; Carlisle Interconnect Technologies.; HPL; NVIDIA CORPORATION; and Shenzhen Sopto Technology Co., Ltd.
Most of the market initiatives were observed in North American and APAC region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2021 | Leoni AG signed a binding agreement with BizLink, an international provider of solutions for cables and connectivity services, on the sale of the Business Group Leoni Industrial Solutions. | North America |
| 2020 | Following on the heels of a fresh new plant opening in Bangalore, India in 2019, Axon’ Cable SAS, the Axon’ Group’s headquarters in Montmirail, France, has just completed the construction of a 4000 m2 new facility in record time despite the Covid-19 pandemic. The group’s goal to expedite its efforts in terms of innovation is exemplified by this site, dubbed Axoplus. | APAC |
