The North American coaxial cable market size is expected to reach USD 14.76 billion by 2030, registering a CAGR of 4.6%, according to a new study by Grand View Research, Inc. Increased spending on telecom and IT, low installation/setup cost coupled with advancement in technology is expected to be the key market driver over the forecast period. The presence of a large number of internet service providers in this region is expected to spur demand across end-use application markets.
High demand for coaxial cables, owing to high investment in broadcasting and broadband sectors so as to enhance communication infrastructure, is also expected to serve as a driver to the market over the next six years. Furthermore, attractive FDI policies and low trade barriers across Canada and Mexico have led to a rise in investments in this market. However, high prices and threats from substitutes such as fiber optic cables, which are used widely in LANs, may restrain the industry growth over the next few years. Initiatives to extend distribution channels so as to serve potential rural markets and issuing of DOCSIS 3.1 are expected to be an opportunity for industry participants.
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The RG-6 cable segment dominated the market and accounted for a revenue share of 25.4% in 2024. The growth is attributed to its ability to shield and insulate high-bandwidth and high-frequency applications such as cable, satellite, and internet signals.
The military and aerospace segment is anticipated to experience the fastest CAGR over the forecast period. Military specification coaxial cables are essential for securely transmitting high-frequency signals in defense applications such as radar systems, communications, and electronic warfare.
The internet data transfer segment is projected to experience the fastest CAGR over the forecast period. Internet data transmission through a coaxial cable is a prevalent technique employed in numerous cable TV and Internet setups.
The U.S. is expected to dominate the market over the forecast period, accounting for over 50.0% of the market in 2024. Further, it is expected to grow at a CAGR of 6.6% from 2025 to 2030, owing to the presence of key industry participants in the region.
Grand View Research has segmented the North America coaxial cable market report based on type, application, end use, and country:
North America Coaxial Cable Type Outlook (Revenue, USD Billion, 2018 - 2030)
Hardline Coaxial Cable
Tri-axial Cable
Twin-axial Cable
RG-6 Cable
RG-11 Cable
Others
North America Coaxial Cable Application Outlook (Revenue, USD Billion, 2018 - 2030)
Video Distribution (Cable TV)
Internet Data Transfer
Radio Frequency Transfer
Others
North America Coaxial Cable End Use Outlook (Revenue, USD Billion, 2018 - 2030)
Residential
Commercial
Industrial
Military & Aerospace
North America Coaxial Cable Country Outlook (Revenue, USD Million, 2018 - 2030)
U.S.
Canada
Mexico
List of Key Players in North America Coaxial Cable Market
Belden Inc.
Comcast
General Cable Corporation (prysmian)
LS Cable & System
NEXANS
Southwire Company, LLC.
Sumitomo Electric Industries, Ltd.
TE Connectivity
Zhuhai Hansen Technology Co., Ltd.
Amphenol Corporation
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