Cable Blowing Equipment Market Growth, Revenue, Top Companies, Challenges, Opportunities, Forecast 2027


Posted May 23, 2022 by avinashgogawale14

The Cable Blowing Equipment Market is projected to grow from USD 105 million in 2027 to USD 133 million by 2027; it is expected to grow at a CAGR of 4.8% from 2027 to 2027.
 
The Cable Blowing Equipment Market is projected to reach USD 133 million by 2027, growing at a CAGR of 4.8% from 2027 to 2027. The expansion of fiber optic cable network to connect data centers is expected to drive the demand for cable installation equipment as both intra-data center and inter-data center communications usually rely on fiber optic cable.

The fifth-generation wireless communication allows handsets and Internet of Things (IoT) devices to accommodate a massive number of connections simultaneously while improving speed, latency, reliability, and power consumption. The auctions for spectrum have nearly finished, 5G-ready handsets have been released, and network implementation has begun globally. Most 5G developments are now focused on the business-to-consumer (B2C) market, owing to the efforts of network operators to reduce operational costs. With the growing demand for data fuelled by bandwidth-intensive applications such as video and audio streaming services, coupled with the continued shift toward cloud services and 5G, there is a growing need for fiber-optic interconnectivity. To fulfil this surging demand, companies are investing in existing networks and new infrastructures, which is propelling the deployment of fiber cables globally. Optical fiber, which delivers over 1K times the bandwidth of a copper link, is the best material for achieving the high performance promised by 5G. Thus, the increasing demand for fiber optic cables is expected to drive the demand for cable installation machines such as Cable Bowing Equipment.

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The electric-driven segment is projected to create abundant opportunities in the Cable Blowing Equipment Market from 2027 to 2027 and is projected to grow at a higher CAGR than others segments during the forecast period. Electric-Driven Cable Blowing Equipment are usually employed for fiber cables of smaller diameters. They are expected to witness the highest growth rate as compared to other types of Cable Blowing Equipment as they are cost-effective, reliable, sustainable, lightweight, and easy to use fiber installation solutions.

Micro-duct segment has emerged as widely adopted deployment option for fiber optic cable. Access network and drop cabling for FTTx networks infrastructure are common uses cases for Microcable deployment. In recent years, fiber has witnessed sizable shift from copper cable owing to its low latency and high bandwidth at high speed. Thereby, creating an attractive market opportunity for Cable Blowing Equipment.

Europe region is estimated to create huge market opportunity in the Cable Blowing Equipment Market during the forecast period. Increasing government and private spending on fiber optic projects across countries including France and Germany to proliferate the demand for Cable Blowing Equipment Market.

According to FTTH Council, the penetration of FTTH and FTTB is increasing at a sizable pace. For instance, in 2020, in France, about 35.5% of households had access to FFTH or FFTB, which is expected to reach 91.1% by 2026. Thus, the sizable demand is expected to bring huge market opportunities for cable laying equipment such as Cable Blowing Machines.

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Categories Business , Industry , Semiconductors
Tags cable blowing equipment market
Last Updated May 23, 2022