Europe Structured Cabling Market Size & Outlook, 2023-2030
Europe structured cabling market, 2017-2030 (US$M)
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Europe structured cabling market highlights
- The Europe structured cabling market generated a revenue of USD 2,920.5 million in 2023.
- The market is expected to grow at a CAGR of 10.3% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,920.5 million |
| Market revenue in 2030 | USD 5,783.3 million |
| Growth rate | 10.3% (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, Europe region accounted for 25.7% 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 51.61% in 2023. Horizon Databook has segmented the Europe structured cabling market based on copper cables, fiber optic cables covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. is the leading market player across Europe, which holds the second-largest place in the global structured cabling market. The rapid expansion of the commercial, IT, and telecom sectors is generating lucrative opportunities for structured cabling manufacturers in the U.K.
Germany has come forward as another flourishing country for the structured cabling market. An ever-growing number of data centers, as well as highly developed commercial & industrial sectors, have placed Germany at the forefront for the past decade.
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Structured Cabling Market Scope
Structured Cabling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe structured cabling market size, by country, 2017-2030 (US$M)
Europe Structured Cabling Market Outlook Share, 2023 & 2030 (US$M)
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