Ethernet Cable Market Report 2024 (Global Edition)

Global Ethernet Cable Market Report 2024 Market Size Split by Type (Copper Cable, Fiber Optic Cable), by Cable Type (Unshielded Twisted Pair, Shielded Twisted Pair), by Cable Category (CAT 5E, CAT 6, ...

Ethernet Cable Market Report Description

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Ethernet Cable Market Insights Video

Competitive Landscape of the Ethernet Cable Market

The competitive landscape of the Ethernet Cable Market is characterized by a range of players competing to gain market share through product innovation and strategic acquisitions. Key players in the market include established electronics manufacturers, specialized Ethernet cable providers, and emerging start-ups aiming to disrupt the market with innovative connectivity solutions.

August 2024: Belden launched a new Single Pair Ethernet Lite Managed Switch, designed to enhance connectivity and efficiency in industrial applications. This switch supports both power and data transmission over a single cable, making it ideal for IoT devices and smart manufacturing environments. (Source: https://www.belden.com/news/belden-launches-single-pair-ethernet-lite-managed-switch) January 2024: Leviton Manufacturing Co. Inc. announced the acquisition of PRISM DCS, a leading provider of network enclosures and data center solutions. Through this acquisition, Leviton aims to offer a more comprehensive solution that includes both the cabling infrastructure and the physical enclosures needed to house network equipment. (Source: https://leviton.com/company/press-releases/leviton-acquires-prism-dcs) October 2023: Southwire Company LLC annouched that the company has completed the acquisition of Genesis Wire & Cable, based in Wisconsin, USA. Through this acquisition, Southwire Company aims to increase its product portfolio and presence in North America. (Source: https://www.southwire.com/blogs/southwire-completes-genesis-purchase) August 2023: Prysmian Group announced that the company aims to showcase its innovative Ethernet cable and connectivity solutions at the Fiber Connect and ISE Expo tradeshow 2023. The company aims to highlight its advancements in fiber optic technology, which are designed to meet the growing demands of the telecommunications and audiovisual sectors. (Source: https://na.prysmian.com/press-release/prysmian-group-to-introduce-innovative-cable-and-connectivity-solutions-during-fiber-connect-and-ise-expo-tradeshows)

Top Companies Market Share in Ethernet Cable Industry: (In no particular order of Rank)

• Belden Inc.
• Prysmian Group
• Leviton Manufacturing Co. Inc.
• The Siemon Company
• SAB Brockskes GmbH & Co. KG
• Nexans S.A.
• Southwire Company LLC
• Hitachi Ltd.
• Siemens AG
• Schneider Electric S.E.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Ethernet Cable Market

Which Region Dominates the Ethernet Cable Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's advanced technological infrastructure, widespread adoption of high-speed internet, and significant investments in data centers and cloud computing services. Additionally, the presence of major technology firms further contributed to North America's leading position in the Ethernet cable market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Ethernet Cable Market due to rapid industrialization, increasing investments in smart city projects, and the expanding IT and telecommunications sectors across countries such as China and India. Additionally, the rising demand for high-speed internet connectivity and the growing adoption of advanced technologies such as IoT and AI are further fueling market growth in the region.

The current report Scope analyzes Ethernet Cable Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Ethernet Cable Market

According to Cognitive Market Research, the global Ethernet Cable Market size was estimated at USD 11542.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4617.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Ethernet Cable Market with a market size of USD 3642.81 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. The increasing adoption of high-speed internet and advancements in data center infrastructure are key drivers for the robust market growth in the US.
• The Canada Ethernet Cable Market had a market share of USD 554.04 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. The rapid expansion of telecommunications networks and increasing demand for high-speed broadband are driving significant growth in Canada.
• The Mexico Ethernet Cable Market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 420.15 million in 2024.

Europe Ethernet Cable Market

According to Cognitive Market Research, the global Ethernet Cable Market size was estimated at USD 11542.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3462.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• The United Kingdom Ethernet Cable Market had a market share of USD 581.74 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. This is due to the UK government's investment in expanding fiber optic infrastructure and increasing demand for high-speed internet in urban and rural areas.
• The France Ethernet Cable Market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 318.57 million in 2024.
• According to Cognitive Market Research, the German Ethernet Cable Market size was valued at USD 685.62 million in 2024 and is projected to grow at a CAGR of 10.2% during the forecast period. The market's growth is fueled by Germany's strong industrial base and the ongoing digital transformation initiatives across various sectors, including manufacturing and healthcare.
• The Italy Ethernet Cable Market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 297.80 million in 2024.
• The Russia Ethernet Cable Market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 536.73 million in 2024.
• The Spain Ethernet Cable Market is projected to witness growth at a CAGR of 9.1% during the forecast period with a market size of USD 283.95 million in 2024
• The Luxembourg Ethernet Cable Market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 107.35 million in 2024.
• The Portugal Ethernet Cable Market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 72.72 million in 2024.
• The Greece Ethernet Cable Market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 41.55 million in 2024.
• Rest of Europe's Ethernet Cable Market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 536.73 million in 2024.

Asia Pacific Ethernet Cable Market

According to Cognitive Market Research, the global Ethernet Cable Market size was estimated at USD 11542.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2654.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Ethernet Cable Market size was valued at USD 1194.65 million in 2024 and is projected to grow at a CAGR of 13.0% during the forecast period. This dominance is driven by China's rapid urbanization, extensive data center investments, and significant advancements in 5G infrastructure..
• The Japan Ethernet Cable Market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 366.36 million in 2024.
• The India Ethernet Cable Market had a market share of USD 318.57 million in 2024 and is projected to grow at a CAGR of 15.3% during the forecast period. The fastest growth is attributed to India's expanding telecom sector, increasing internet penetration, and government initiatives like the Digital India campaign.
• The South Korean Ethernet Cable Market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 265.48 million in 2024.
• The Australian Ethernet Cable Market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 138.05 million in 2024.
• The South East Asia Ethernet Cable Market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 183.18 million in 2024.
• The Rest of Asia Pacific Ethernet Cable Market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 188.49 million in 2024.

South America Ethernet Cable Market

According to Cognitive Market Research, the global Ethernet Cable Market size was estimated at USD 11542.5 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 577.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Ethernet Cable Market size was valued at USD 247.01 million in 2024 and is projected to grow at a CAGR of 11.5% during the forecast period. This is due to Brazil's ongoing large-scale urban infrastructure projects and the expansion of smart city initiatives requiring robust Ethernet cabling solutions..
• Argentina's Ethernet Cable Market had a market share of USD 96.96 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. The growth is driven by Argentina's investments in upgrading its educational institutions with high-speed internet infrastructure and the growing adoption of IoT devices across various sectors.
• Colombia Ethernet Cable Market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 51.36 million in 2024.
• Peru Ethernet Cable Market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 47.32 million in 2024.
• Chile Ethernet Cable Market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 41.55 million in 2024.
• The Rest of Latin America's Ethernet Cable Market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 92.92 million in 2024.

Middle East and Africa Ethernet Cable Market

According to Cognitive Market Research, the global Ethernet Cable Market size was estimated at USD 11542.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 230.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031..

• The GCC Countries Ethernet Cable Market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 98.80 million in 2024. This is driven by the GCC's substantial investments in smart city projects and infrastructure modernization, alongside increased demand for high-speed connectivity in emerging technologies such as 5G.
• The Egypt Ethernet Cable Market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 24.24 million in 2024.
• The South Africa Ethernet Cable Market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 36.47 million in 2024. The growth is supported by South Africa's efforts to expand network infrastructure in underserved areas and its focus on enhancing connectivity to support digital education and financial inclusion.
• The Turkey Ethernet Cable Market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 19.85 million in 2024.
• The Nigeria Ethernet Cable Market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 24.24 million in 2024.
• The Rest of MEA Ethernet Cable Market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 27.24 million in 2024.

Ethernet Cable Market Analysis

Ethernet Cable Market Type Segment Analysis

According to Cognitive Market Research, Copper Cable emerges as the dominant segment. Copper Ethernet cables are widely used due to their cost-effectiveness and sufficient performance for standard networking needs. These cables are preferred for their reliable performance in environments where high-speed data transmission is essential, yet budget constraints are a consideration. As businesses and households continue to adopt Ethernet technology for their networking needs, the demand for copper cables is expected to sustain its dominance.

Fiber Optic Cable is the fastest-growing segment in the Ethernet Cable market. Fiber optic cables offer superior performance with higher bandwidth and faster data transmission speeds compared to their copper counterparts. The increasing adoption of high-speed internet services and the expansion of data centers drive the growth of fiber optic cables. These cables are crucial for meeting the rising demand for high-speed, high-capacity networks, particularly in data-intensive applications and long-distance communications. The advancements in fiber optic technology and the decreasing costs are contributing to the rapid expansion of this segment.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ethernet Cable Industry. Request a Free Sample PDF!

Ethernet Cable Market Cable Type Segment Analysis

According to Cognitive Market Research, Unshielded Twisted Pair (UTP) cables hold the largest share. UTP cables, such as Cat5E and Cat6, are widely used due to their affordability and adequate performance for most networking applications. These cables consist of pairs of wires twisted together to reduce electromagnetic interference, making them suitable for standard office and residential networking. The cost-effectiveness and ease of installation of UTP cables contribute to their dominant position in the market.

Shielded Twisted Pair (STP) cables are emerging as the fastest-growing segment. STP cables include additional shielding around the twisted pairs, which reduces interference from external sources and enhances signal quality. This makes them ideal for environments with higher levels of electrical noise or where data integrity is critical. As industries increasingly require reliable and high-performance network solutions, the demand for STP cables is rising. The growth is driven by their superior shielding properties and the increasing complexity of network infrastructures, which necessitate improved protection against interference.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Ethernet Cable Cable Category Segment Analysis

Ethernet Cable Market Cable Category Segment Analysis

According to Cognitive Market Research, Cat6 cables are the leading segment. Cat6 cables provide a balanced combination of performance and cost, supporting data transfer speeds up to 1 Gbps and frequencies up to 250 MHz. They are widely adopted in both residential and commercial settings for reliable networking solutions. With increasing network demands, Cat6 continues to be a preferred choice due to its ability to handle higher data rates compared to older categories.

The fastest-growing category in the Ethernet Cable Market is Cat7. Cat7 supports data transfer speeds up to 10 Gbps and frequencies up to 600 MHz, with advanced shielding providing superior protection against interference. This makes Cat7 suitable for environments with high electromagnetic interference and for applications requiring enhanced performance. The rise in complex network infrastructures is driving the adoption of Cat7 cables..

• CAT 5E
• CAT 6
• CAT 6A
• CAT 7
• CAT 8
• Others

Ethernet Cable Application Segment Analysis

Ethernet Cable Market Application Segment Analysis

According to Cognitive Market Research, the Residential segment remains the largest. Ethernet cables in residential applications are primarily used for internet connectivity, home networking, and multimedia systems. With the increasing adoption of smart home technologies and high-speed internet services, the demand for reliable and efficient Ethernet solutions in residential settings continues to grow. The affordability and ease of installation of Ethernet cables make them a popular choice for home networking needs.

The Industrial segment is witnessing rapid growth. Ethernet cables used in industrial applications are designed to withstand harsh environments and provide reliable communication for automation systems, machinery, and industrial control networks. The expansion of industrial automation and the increasing complexity of industrial processes are driving the demand for durable and high-performance Ethernet cables.

• Residential
• Industrial
• Commercial

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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