With a predicted increase from USD 108 million in 2023 to an estimated USD 136 million by 2028, representing a Compound Annual Growth Rate (CAGR) of 4.7%, the Cable Blowing Equipment Market is expected to grow significantly. This expansion is ascribed to the growing need, particularly in the data transmission and telecommunication industries, for effective and dependable cable installation solutions. Because cable blowing equipment can install wires quickly and efficiently in a variety of situations, its use in the market is growing. With the increasing demand for increased network infrastructure and high-speed data transmission, the Cable Blowing Equipment Market is anticipated to be vital in fulfilling these changing connectivity requirements.

The Cable Blowing Equipment Market is expanding rapidly thanks to a number of important factors. Significant factors contributing to this growth include the spread of Fiber-to-the-Home (FTTH) and Fiber-to-the-Building (FTTB) networks, the expansion of fibre optic networks for improved data centre connectivity, and the continuous replacement of outdated cable networks with cutting-edge fibre optics infrastructure. In addition, the need for effective cable installation solutions is being fueled by the quick uptake of 5G technology. With the significant growth of telecommunications infrastructure, especially in developing nations, the Cable Blowing Equipment Market is essential to the smooth implementation of cutting-edge network technology.

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Cable Blowing Equipment Market Report Scope:

Report Coverage

Details

Market Revenue in 2023

$ 108 million

Estimated Value by 2028

$ 136 million

Growth Rate

Poised to grow at a CAGR of 4.7%

Market Size Available for

2019–2028

Forecast Period

2023–2028

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Power Type, Cable Type and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Compatibility of cable blowing equipment with diverse cable types

Key Market Opportunities

Increasing penetration of FTTH/FTTB networks

Key Market Drivers

Rise in demand for throughput and reliable internet connectivity

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By power type, the electric segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.

Over the course of the projection period, the cable blowing equipment market's electric segment is expected to rise at a significant rate. The demand for electric-powered equipment has been fuelled by the growing emphasis on ecologically friendly and sustainable solutions. The cleaner and more energy-efficient electric cable blowing systems that they provide fit in nicely with international campaigns encouraging environmental responsibility. The electric segment is expected to grow rapidly and see a surge in demand as industries prioritise green technologies. Electric cable blowing equipment's adaptability, accuracy, and little environmental impact place it at the forefront of the industry and appeal to sectors eager to implement cutting-edge, environmentally friendly cable installation techniques.

Microduct segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.

Over the course of the projection period, the cable-blowing equipment industry's microduct segment is expected to increase at a high Compound Annual Growth Rate (CAGR), leading to significant growth. Microducts provide a spatially-efficient resolution for the implementation and enhancement of fibre optic networks, facilitating the rapid transfer of substantial amounts of data. The need to implement fibre optic networks worldwide, especially in cities and metropolitan areas, is a major factor propelling the Microduct market. Government programmes that are encouraging, especially in emerging nations, also help to fuel this market's expansion. For example, in February 2022, the Indian Department of Telecommunications (DoT) unveiled a comprehensive strategy to fiberize 6 lakh villages by 2025. This initiative will encourage the rollout of fibre optic networks, which in turn will propel the adoption of cable blowing equipment for microduct fibre installations. Over the course of the projection period, the microduct sector is anticipated to increase at a faster rate due to the spread of fibre optic networks throughout developing economies.

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Noth America is poised for significant growth in the cable blowing equipment market by 2028.

Many reasons will drive the significant growth of the North American cable blowing equipment market in the upcoming years. New fibre cable laying projects are being planned throughout the region because to the increasing demand for low-latency connectivity, growing Over-The-Top (OTT) content consumption, the introduction of 5G technology, and growing bandwidth requirements. Companies in the area are mostly investing in the modernization of current networks, with OTT providers heavily emphasising the expansion of their infrastructure. North America benefits from the strong presence of big corporations, a high demand for data communications, rising usage of communication devices, and the growing deployment of data centres because it is a vital hub for technical advancements and an early adopter of new technologies.

Key companies operating in the cable blowing equipment companies are Plumettaz S.A. (Switzerland), Condux International, Inc. (US), CBS Products (KT), Ltd. (UK), Fremco (Denmark), LANCIER CABLE GmbH (Germany), SKYFIBERTECH (Turkey), Jakob Thaler GmbH (Germany), NINGBO MARSHINE POWER TECHNOLOGY CO., LTD. (China), Upcom Telekomunikasyon (Turkey), and Adishwar Tele Networks (India).

News Covered:

https://www.prnewswire.com/news-releases/cable-blowing-equipment-market-worth-136-million-by-2028---exclusive-report-by-marketsandmarkets-302018222.html

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