The market for coaxial cable in North America is anticipated to rise over the course of the forecast period due to the rising popularity of linked household appliances. A standard for distributing high definition videos and fast internet across the home is the coaxial home network. About 90% of American households utilise a coaxial cable network to share images, watch movies, and access the internet, according to Coherent Market Insights' data. Due to ongoing development of coaxial cable and associated equipment to meet household demand for high-speed internet, this trend is anticipated to last throughout the forecast period. Additionally, it is anticipated that the adoption of home-connected gadgets would increase demand for coaxial cables.
The North America Coaxial Cable Market is estimated to be valued at US$ 3,881.1 million in 2021 and is expected to exhibit a CAGR of 8.4% over the forecast period (2021-2028).
Prominent Players in the North America Coaxial Cable Industry:
1. Belden Inc.
Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri. In September, 2022 Belden, a leading global supplier of network infrastructure solutions, today announced its partnership with Cylus, the global leader in rail cybersecurity, which will enable customers that use Belden’s Firewall to supplement it with an optimized version of CylusOne™ software available for license from Cylus.
2. Alpha Wire
Founded in New York City in 1922 as a supplier of wire strengtheners to the millinery industry (women’s hats), Alpha Wire grew to become a valued supplier to the expanding radio industry. It has headquarters situated in Elizabeth, New Jersey.In August, 2022 Alpha Wire has updated its popular ThermoThin hook-up wire line.
3. L-Com Global Connectivity
Since 1982, a leading manufacturer of wired and wireless connectivity products, offers a wide range of solutions and unrivaled customer service for the electronics and data communications industries. Headquartered in North Andover, Mass. In September, 2022 L-com, an Infinite Electronics brand and a supplier of wired and wireless connectivity products, recently announced it has expanded its line of fiber optic transceivers.
4. LS Cable & System
LS Cable & System, established in 1962, has been contributing to building power grids and communication networks first in Korea and then in countries all over the world by developing, producing and providing cables and related solutions used in daily life and throughout many industries. It has headquarters situated in Gyeonggi-do 14119 Korea. LS C&S announced on February 10 that the company had signed an agreement to establish a joint venture for aluminum EV parts with Hammerer Aluminium Industries (HAI) based in Austria.
5. Southwire
Since 1937, a leader in technology and innovation, Southwire Company, LLC is one of North America’s largest wire and cable producers and an emerging influence in many important electrical markets. The company has headquarters situated in El Paso, Texas.
6. TE Connectivity Ltd
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.
7. Nexans S.A.
Nexans S.A. designs, manufactures, and sells cable systems and services in France and internationally. The company was incorporated in 1994 and is headquartered in Courbevoie, France. In February, 2023 Nexans has signed a large contract with KGHM for the supply of copper cathodes in the years 2023-2027.
8. Amphenol Corporation
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.
*Definition- An electrical cable known as a coaxial cable, also known as coax, is made up of an inner conductor protected by concentric conducting shielding and the two are separated by a dielectric substance.
