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Structured Cabling Market Competitive Landscape, Insights by Geography, and Growth Opportunity

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Devanshu Shrivastava
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Structured Cabling Market Competitive Landscape, Insights by Geography, and Growth Opportunity

Currently, companies offering structured cabling solutions are engaging in mergers and acquisitions to provide their services to a wider range of clientele. For instance, in January 2019, Panduit Corp. completed the acquisition of Atlona Inc., a provider of network distribution solutions and audio/visual (AV) systems. As per the acquisition clauses, Panduit would offer an end-to-end AV solution with optimum structured cabling for the residential, commercial, and industrial sectors.

Similarly, in October 2019, Legrand North America LLC acquired Connectrac, a provider of cable management solutions for commercial buildings, to offer its solutions to a large number of commercial facilities. Nowadays, structured cabling solution providers are offering shielded twisted pair (STP), unshielded twisted pair (UTP), and foil-screened twisted pair (FTP) copper cables and single-mode (SM) and multi-mode (MM) fiber cables.

The providers are also manufacturing copper components, such as copper outlets, copper patch cords, and copper patch panel ports, and fiber components, such as fiber outlets, fiber patch cords, and fiber patch panel ports. All these cables and components are being adopted by the telecommunication, industrial, commercial, and government sectors in abundant quantity. According to P&S Intelligence, Asia-Pacific (APAC) led the structured cabling market in the preceding years, and it is also expected to retain its position in the upcoming years.

This can be credited to the escalating demand for higher bandwidth in South Korea, China, and Japan, and the accelerating deployment rate of 5G in the region. Furthermore, APAC is also projected to adopt structured cabling solutions at the highest rate in the forthcoming years, due to the soaring number of IT hubs in India, Japan, China, and South Korea; surging data consumption; and booming population in the region.

Thus, the surging need for higher bandwidth and the soaring demand for hassle-free IT infrastructure will augment the adoption of structured cabling products, across the world.

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Devanshu Shrivastava