International market research firm Technavio recently released the global coaxial cable research report said that by 2021, the global coaxial cable market is expected to reach 12.81 billion US dollars. The rapid development of broadband Internet and the digitalization of television networks in developing countries are the main reasons for the steady growth of global coaxial cable.
The report also pointed out that due to industrial applications for a long time, the global coaxial cable has been very mature, which also led to product innovation is relatively slow, or even stagnation.
The report said the United States, France, Germany, Japan and China are the largest coaxial cable market. From the regional market, the Asia-Pacific region, the Middle East and Africa region is the largest demand for the fastest growing regional market. In addition, due to the domestic cable TV CATV almost full coverage, the US regional coaxial cable network is very large.
In developed countries, the growth of coaxial cable is mainly driven by the growth of broadband Internet users. In developing countries, the rapid growth in demand for digital television and communications infrastructure is the main driver. Overall, 2017-2021, the development of global coaxial cable mainly presents three major trends:
Aviation investment increased
From the application market, aviation and defense areas are coaxial cable and micro coaxial cable main application market, mainly used to connect the aircraft on the key electronic devices. At the same time, the aircraft has several radio communication equipment, so the radio signal isolation has become the key to smooth operation of the equipment, which also makes the coaxial cable in the electronic communication technology will play a key role, which will further promote coaxial cable demand growth.
"Boeing, Airbus and other leading aircraft manufacturers are expanding capacity to meet market demand," said Anju Ajay Kumar, senior analyst at Technavio Research. "Commercial aircraft will see steady growth, especially as margins increase Small aircraft demand continues to expand, thus stimulating the demand for coaxial cable growth.
The process of economic development and urbanization will stimulate demand for coaxial cable in the infrastructure and construction sectors, especially in telecommunications and Internet access, which will directly increase the demand for coaxial cable.
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