Asia Pacific Structured Cabling Market Size & Outlook
Asia Pacific structured cabling market, 2017-2030 (US$M)
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Asia Pacific structured cabling market highlights
- The Asia Pacific structured cabling market generated a revenue of USD 2,931.9 million in 2023.
- The market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, copper cables was the largest revenue generating product in 2023.
- Fiber Optic Cables is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,931.9 million |
| Market revenue in 2030 | USD 6,795.8 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Copper cables |
| Fastest growing segment | Fiber Optic Cables |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Copper Cables, Fiber Optic Cables |
| Key market players worldwide | ABB Ltd, Belden Inc, CommScope Holding Co Inc, Corning Inc, Furukawa Electric Co Ltd, Legrand SA, Nexans, Schneider Electric SE, Siemens AG |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.8% of the global structured cabling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,795.8 million by 2030.
Copper cables was the largest segment with a revenue share of 51.19% in 2023. Horizon Databook has segmented the Asia Pacific structured cabling market based on copper cables, fiber optic cables covering the revenue growth of each sub-segment from 2017 to 2030.
In October 2020, Japan, in association with the U.S. and Australia, announced that they would jointly finance a project for an undersea fiber-optic cable worth USD 30 million. This investment made by these three countries is anticipated to enhance the digital connectivity and business environment of Palau.
As of September 2020, Chinese operators have deployed 4,80,000 5G base stations. This 5G rollout has widened China’s digital divide. In July 2020, Japan’s fiber-optic cable was selected by Chile to connect the Asia Pacific and South American regions directly. The Chilean government has chosen Japan for this project based on cost and feasibility.
In July 2020, the ‘Make in India’ campaign has strengthened the growth of 3C3 India Pvt Ltd, an Indian fiber optic products supplier. The company is looking to take an edge over international players with its local manufacturing capabilities.
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Structured Cabling Market Scope
Structured Cabling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific structured cabling market size, by country, 2017-2030 (US$M)
Asia Pacific Structured Cabling Market Outlook Share, 2023 & 2030 (US$M)
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