According to a recent market study published by Growth Market Reports titled, "EMEA & Latin America Coaxial Cable Assemblies Market by Products, by Application, and Regions: Size, Share, Trends and Opportunity Analysis, 2018-2028", the market was valued at USD 12,203.2 million in 2020 and is expected to grow at a moderate growth rate of 6.6% by the year 2028. The EMEA & Latin America coaxial cable assemblies market is anticipated to grow significantly during the forecast period. Coaxial cable assemblies are known as radio frequency (RF) cable assemblies. Coaxial cable assemblies are formed by using several types of cable and connectors. The cables are available in various lengths based on the intended application or use.

EMEA & Latin America Coaxial Cable Assemblies Market has been segmented based on by products, application, and regions. Based on application, the EMEA & Latin America coaxial cable assemblies Market is segmented into medical End-use Industry, automotive, military & aerospace, telecom, and computers and peripherals. Based on products, the Coaxial Cable Assemblies market is segmented into radio frequency (RF) assemblies, printed circuit board (PCB) assemblies, application-specific assemblies, circular assemblies and others. Based on regions, the coaxial cable assemblies market is segmented into Europe, Latin America, and Middle East & Africa.

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Increasing adoption of coaxial cable assemblies in several industries such as medical, aerospace, telecom, computer and peripheral, military, and test and measurement is expected to fuel the market. The coaxial cable assemblies market is anticipated to grow over the forecast period, owing to its wide range of applications. Low cost of installation fuels the adoption of coaxial cable assemblies. Coaxial cable assemblies offer various advantages such as fast network speed, high efficiency of business applications, high bandwidth along with low signal loss, and less power consumption, which is increasing the adoption of coaxial cable assemblies. In 1990s, coaxial cables were used only for the purpose of communication network and transmission of cable television (CATV). The implementation of multimedia over cable alliance (MoCA) technology allows digital content access and high-speed broadband internet by using the coaxial cable network. Implementation of MoCA allows market players to retain in the market and grow the customer base, owing to the availability of new services. High demand for integrated services by using cables is expected to drive the market.

The spread of COVID-19 has had a negative impact on the coaxial cable assemblies market players on many fronts and outside factors. The COVID-19 pandemic is causing economic hardships for businesses, consumers, and communities across the world. The production of coaxial cable assemblies was kept on hold or delayed in the second quarter of 2020, as the supply of the products was restricted globally. Biotech and pharmaceutical organizations are working along with governments to control the COVID-19 outbreak. Demand for broadband internet connection increased during the pandemic as more than half of the world population was doing work from home that ultimately helps in fueling optic fibers demand in the market. Regulatory policies are expected to play a pivotal role in shaping the dynamics of the coaxial cable assemblies market during the forecast period. Increasing efforts by governments and private sector companies to overcome the crisis and rising production capacity in each industry are expected to propel the demand for coaxial cable assemblies market post 2020.

Key Takeaways from the Study:

  • The rectangular assemblies segment is expected to hold a significant share of the market, as they are easy to handle and have a flexible design. Moreover, this type of assemblies is user-configurable and modular for carrying out multiple signals, which is propelling the demand for rectangular assemblies in the market. Naringin is used for treating a range of diseases, due to its wide availability, low cost, variety of pharmacological actions, and long history of use.
  • The demand for communication and increasing development of smartphones are expected to fuel the telecom industry in the coming years. Semi-rigid cable assemblies offer high resistance against high radiation level and have excellent mechanical properties, that are dominating the telecom segment in terms of volume. The rapidly increasing usage of coaxial cable assemblies in transmission line inside the base station transceiver station(BGS) equipment and in the long-distance telecommunication systems or cellular network are projected to fuel the segment in the coming years.
  • The Europe segment held 76.8% value share of the market in 2020. The segment is projected to account for the largest share of the market during the forecast period owing to rise in adoption of coaxial cable assemblies and its increasing applications are creating lucrative opportunities for players in the coaxial cable assemblies market.
  • Governments of several countries across the globe are expected to pursue fiscal stimulus programs or other incentives in the course of the pandemic. These programs provide substantial tax benefits for companies. Conversely, this policy is expected to increase the demand for coaxial cable assemblies at a significant pace, owing to rising demand for coaxial cable assemblies, due to its various applications.

Report Scope:

Report Metric

Details

Market Value in 2020

USD 12,203.2 million

Market Growth Rate (from 2021 to 2028)

6.6%

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2021 – 2028

Market Segments

By Products, By Applications, and Regions

Region Scope

Europe, Middle East & Africa, and Latin America

Key Companies Profiled

Manufacturer companies –
Samtec, Crystek Corporation, Radiall, Laird Connectivity, Rosenberger Group, Linx Technologies, Carlisle Companies Inc., Axon’ Cable, Pasternack, and TE Connectivity.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Demand Side: Commercial, Residential, and Industrial End-users.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: International Trade Centre.