Coax Market to Hit $3.4 Billion by 2020

Nov. 17, 2014
According to Grand View Research, the North American coaxial cable market is expected to reach USD 3.48 billion by 2020. High demand ...
According to Grand View Research, the North American coaxial cable market is expected to reach USD 3.48 billion by 2020. High demand for coaxial cables, owing to high investment in broadcasting and broadband sectors so as to enhance communication infrastructure, is expected to serve as a driver to the market over the next six years. Initiatives to extend distribution channels to serve potential rural markets and issuing of DOCSIS 3.1 are expected to be an opportunity for industry participants.

However, high price and threat from substitutes such as fiber-optic cables may restrain industry growth.

Other findings indicate:

  • RF transfer application segment is expected to continue dominating the market, and accounted for over 60% of the overall market share in 2013. This is mainly because of its effectiveness in providing maximum channel bandwidth and low installation cost. Video distribution is expected to grow at the fastest CAGR of 7.3% from 2014 to 2020. Telecom and IT industry is expected to remain the key application area owing to increased investments in these sectors.
  • In terms of end-use, system integrators are expected to grow at a fastest CAGR of 8.2% from 2014 to 2020, owing to the need for enhancing communication infrastructure.
  • The U.S. is expected to dominate the market over the forecast period, accounting for over 50% of the market in 2013. Further, it is expected to grow at a CAGR of 6.6% from 2014 to 2020, owing to the presence of key industry participants in the region.
About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
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MATT VINCENT
Senior Editor
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SALES
KRISTINE COLLINS
Business Solutions Manager
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JEAN LAUTER
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