The Cable Assembly Market is estimated to be worth $149.7 billion in 2019 and is expected to reach $220.7 billion by 2025, growing at a CAGR of 6.7%. Cable assembly is a collection of wires and cables banded together in a single unit. It is used to connect various types of systems and equipment to carry out its desired operation in component and finished product manufacturing. Factors such as increasing number of electric vehicles, increasing demand from aerospace industry, and growing internet penetration across the globe are driving the growth of this market.
Growing Internet Access and Increasing Number of Connected Devices Fuels the Growth of the Global Cable Assembly Market
Growing internet access and devices connected to internet across the globe is anticipated to intensify the growth of the global cable assembly market especially the fiber optic cables. In addition, increasing cloud computing and data transfer is anticipated to positively drive the growth of the global cable assemblies market during the forecast period.
Increasing awareness of data security during transmission is likely to further strengthen the growth of the global cable assemblies market. In addition, factors such as higher band and transmission over longer distance are predicted to contribute significantly towards the growth of cable assemblies market over the forecast period.
Increasing Production of Electric Vehicles Across the Globe Supports the Market Growth
The growing concerns over the environment and the exhaustion of fossil fuel reserves have increased the sales of EVs in the recent years. Since each vehicle uses several cable assemblies for different connections, the automotive industry emerged as the major end-user of cable assemblies. Owing to more number of cable connections for batteries and other related circuits, EVs use a higher number of cable assemblies than ICE vehicles. Thus, the increase in market demand and sales of EVs will drive the global cable assembly market during the forecast period.
Furthermore, owing to more number of cable connections for batteries and other related circuits, EVs use a higher number of cable assemblies than ICE vehicles. Thus, the increase in market demand and sales of EVs will drive the global cable assembly market during the forecast period.
Emerging Economies Provides Future Opportunities for the Market Growth
A huge migration of electronic manufacturing to Asia has occurred over the past 10 years, in some cases accompanied by some product management and even engineering personnel. This has caused a massive restructuring of the global supply chain with major impact on both OEM and EMS organizations, driven by access to low-cost manufacturing as well as the need to locally support the largest and fastest-growing consumer market. China has been a pioneer in industrial expansion which has brought significant business within country, provided significant improvement to their standard of living and awoken their home market for modern goods and services including cable assemblies.
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Key Findings in the Global Cable Assembly Market Study:
Fiber Optic Cable Assemblies Will Witness the Fastest Growth in the Cable Assembly Market during the Forecast Period (2019–2025)
The demand for fibre optic cable assemblies has got impetus over five decades mainly by its use in the telecommunications and data management industry. Over the passage of time, the product has found its scope of application in other end use industries such as defense and aerospace, industrial & automotive, and healthcare. The continued growth and investments made in internet and telecommunications industry is expected to create significant opportunities in overall cable assemblies market. Simultaneously, increasing adoption of Fiber optic cable assemblies in some of the burgeoning industries such as automotive and data management & telecommunications is defining the future landscape of the market. Apart from this, rising government investment in telecommunication is anticipated to be the dynamic factor behind the growth of the fiber optic cable assembly market.
Asia Pacific: Fastest Growing Regional Market
Asia Pacific comprising of China, India, Korea, Japan, and Rest of Asia Pacific (RoAPAC) will witness the fastest growth during the forecast period (2019–2025). Asia-Pacific countries like China, Japan and India are the strong markets for cable assemblies. Factors such as growing urbanization and industrialization, increasing demand for electric vehicles, presence of large number of manufacturers, and growth in the power distribution sector are expected to drive the growth of cable assembly market in this region.
Key Players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3-4 years (2016–2019). The key players profiled in the global cable assembly market report are Amphenol DC Electronics (ADCE), TE Connectivity Ltd, Jae Electronics, Inc., Luxshare Precision Industry Co., Ltd., Koch Industries, Inc. (Molex), W.L. Gore and Associates, Epec, LLC, Fischer Connectors SA, Samtec, Inc., Delphi Connection Systems, Yazaki Corporation, and Foxconn (FIT).
Scope of the Report:
Cable Assembly Market by Product
Cable Assembly Market by Application
Cable Assembly Market by Geography
Key questions answered in the report:
Growing penetration of fiber optic cable assemblies in automotive and data management & telecommunications will propel the overall cable assembly market
Cable Assembly market favors both larger and local manufacturers that compete in multiple segments
Recent partnerships, acquisitions, and expansions have taken place in the global cable assembly market
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Industry Insights
4.1. Introduction
4.2. Market Drivers
4.2.1. Increasing Number of Electric Vehicles
4.2.2. Increasing Demand from Aerospace Industry
4.2.3. Growing Internet Penetration across the Globe
4.2.4. High Growth of Automotive Industry
4.3. Market Restraint
4.3.1. Availability of Counterfeit Products
4.4. Market Opportunities
4.4.1. Growing Demand for Fiber Optic Cable Assemblies
4.4.2. Emerging Economics
4.5. Market Trends
4.5.1. Emerging Advanced Technological Revolution in the Cable Assembly Market
4.5.2. Smartphone Popularity and Bandwidth/Speed Requirements and Cloud Computing
5. Cable Assemblies Market, by Product
5.1. Introduction
5.2. Custom/Application Specific Assemblies
5.3. Rectangular Assemblies
5.4. Radio Frequency (RF) Assemblies
5.5. Circular Assemblies
5.6. Fiber Optics Assemblies
5.7. Printed Circuit Board (PCB) Assemblies
5.8. Other Assemblies
6. Cable Assemblies Market, by Application
6.1. Introduction
6.2. Automotive
6.3. Telecom
6.4. Computers and Peripherals
6.5. Industrial
6.6. Military & Aerospace
6.7. Medical
6.8. Others
7. Cable Assemblies Market, by Geography
7.1. Introduction
7.2. Asia Pacific
7.2.1. China
7.2.2. Japan
7.2.3. Korea
7.2.4. India
7.2.5. Rest of Asia Pacific (ROAPAC)
7.3. North America
7.3.1. U.S.
7.3.2. Canada
7.4. Europe
7.4.1. Germany
7.4.2. U.K.
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Rest of Europe (RoE)
7.5. Latin America
7.6. Middle East and Africa
8. Competitive Landscape
8.1. Introduction
8.1.1. Product Launches
8.1.2. Acquisitions
8.1.3. Agreements and Collaborations
8.1.4. Expansions
9. Company Profile (Includes Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
9.1. Amphenol DC Electronics (ADCE)
9.2. TE Connectivity Ltd
9.3. Jae Electronics, Inc.
9.4. Luxshare Precision Industry Co., Ltd.
9.5. Koch Industries, Inc. (Molex)
9.6. W. L. Gore and Associates
9.7. Epec, LLC
9.8. Fischer Connectors SA
9.9. Samtec, Inc.
9.10. Delphi Connection Systems
9.11. Yazaki Corporation
9.12. Foxconn (FIT)
10. Appendix
10.1. Questionnaire
10.2. Available Customization
List of Tables
Table 1 World Internet Usage, by Region, 2018
Table 2 Global Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 3 Custom/Application Specific Assemblies Market Size, by Country/Region, 2017-2025 (USD Million)
Table 4 Rectangular Cable Assembly Market Size, by Country/Region, 2017-2025 (USD Million)
Table 5 Radio Frequency Cable Assembly Market Size, by Country/Region, 2017-2025 (USD Million)
Table 6 Circular Cable Assembly Market Size, by Country/Region, 2017-2025 (USD Million)
Table 7 Fiber Optics Cable Assembly Market Size, by Country/Region, 2017-2025 (USD Million)
Table 8 Printed Circuit Board (PCB) Assemblies Market Size, by Country/Region, 2017-2025 (USD Million)
Table 9 Other Cable Assembly Market Size, by Country/Region, 2017-2025 (USD Million)
Table 10 Global Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 11 Market Size for Automotive, by Country/Region, 2017-2025 (USD Million)
Table 12 Market Size for Telecom, by Country/Region, 2017-2025 (USD Million)
Table 13 Market Size for Computers and Peripherals, by Country/Region, 2017-2025 (USD Million)
Table 14 Cable Assembly Market Size for Industrial, by Country/Region, 2017-2025 (USD Million)
Table 15 Cable Assembly Market Size for Military & Aerospace, by Country/Region, 2017-2025 (USD Million)
Table 16 Market Size for Medical, by Country/Region, 2017-2025 (USD Million)
Table 17Market Size for Other Applications, by Country/Region, 2017-2025 (USD Million)
Table 18 Market Size, by Region, 2017-2025 (USD Million)
Table 19 Asia Pacific: Market Size, by Country, 2017-2025 (USD Million)
Table 20 Asia Pacific: Market Size, by Product, 2017-2025 (USD Million)
Table 21 Asia Pacific: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 22 China: Market Size, by Product, 2017-2025 (USD Million)
Table 23 China: Market Size, by Application, 2017-2025 (USD Million)
Table 24 Japan: Market Size, by Product, 2017-2025 (USD Million)
Table 25 Japan: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 26 Korea: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 27 Korea: Market Size, by Application, 2017-2025 (USD Million)
Table 28 India: Market Size, by Product, 2017-2025 (USD Million)
Table 29 India: Market Size, by Application, 2017-2025 (USD Million)
Table 30 RoAPAC: Market Size, by Product, 2017-2025 (USD Million)
Table 31 RoAPAC: Market Size, by Application
Table 32 North America: Cable Assembly Market Size, by Country, 2017-2025 (USD Million)
Table 33 North America: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 34 North America: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 35 U.S.: Market Size, by Product, 2017-2025 (USD Million)
Table 36 U.S.: Market Size, by Application, 2017-2025 (USD Million)
Table 37 Canada: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 38 Canada: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 39 Europe: Cable Assembly Market Size, by Country, 2017-2025 (USD Million)
Table 40 Europe: Market Size, by Product, 2017-2025 (USD Million)
Table 41 Europe: Market Size, by Application, 2017-2025 (USD Million)
Table 42 Germany: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 43 Germany: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 44 U.K.: Market Size, by Product, 2017-2025 (USD Million)
Table 45 U.K.: Market Size, by Application, 2017-2025 (USD Million)
Table 46 France: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 47 France: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 48 Italy: Market Size, by Product, 2017-2025 (USD Million)
Table 49 Italy: Market Size, by Application, 2017-2025 (USD Million)
Table 50 Spain: Market Size, by Product, 2017-2025 (USD Million)
Table 51 Spain: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 52 RoE: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 53 RoE: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 54 Latin America: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 55 Latin America: Cable Assembly Market Size, by Application, 2017-2025 (USD Million)
Table 56 Middle East and Africa: Cable Assembly Market Size, by Product, 2017-2025 (USD Million)
Table 57 Middle East and Africa: Cable Assembly Market, by Application, 2017-2025 (USD Million)
Table 58 Product Launches (November 2018–March 2019)
Table 59 Acquisitions (March 2018–January 2019)
Table 60 Agreements, Collaborations, and Partnerships (December 2016–April 2018)
Table 61 Expansions, (July 2017–January 2018)
List of Figures
Figure 1 Key Stakeholders of the Global Cable Assembly Market
Figure 2 Research Process
Figure 3 Key Executives Interviewed
Figure 4 Primary Research Techniques
Figure 5 Market Size Estimation
Figure 6 Global Cable Assembly Market, 2019-2025 ($ Billion)
Figure 7 Custom/Application Specific Assemblies Segment is Expected to Dominate the Cable Assembly Market Till 2025
Figure 8 Automotive Application Segment is Expected Dominate the Cable Assembly Market in 2019
Figure 9 Asia-Pacific Dominated the Global Cable Assembly Market in 2018
Figure 10 Cable Assembly Market: Industry Insights
Figure 11 Global Plug-In Electric Vehicle Unit Sales, Thousand Units, (2013-2018)
Figure 12 EV Sales and Percentage Growth, by Region, (2017-2018)
Figure 13 U.S. Civil Aircraft Production, by Type, (2016 -2017)
Figure 14 Worldwide Motor Vehicle Production, Million Units, (2013–2017)
Figure 15 Worldwide Passenger Car Production, Million Units, (2016-2017)
Figure 16 Countries with Fastest Broadband Download Speeds (Mbps)
Figure 17 Global Cable Assembles Market Size, by Product, 2019–2025 (USD Million)
Figure 18 Global Cable Assembly Market Size, by Application, 2019–2025 (USD Million)
Figure 19 Cable Assembly Market Size, by Region, 2019–2025 (USD Million)
Figure 20 APAC: Motor Vehicle Production, by Country (2016-2017)
Figure 21 Asia Pacific: Cable Assembly Market Size, by Country, 2019-2025 (USD Million)
Figure 22 China: Electronics Market, 2010-2016, (USD Billion)
Figure 23 North America: Cable Assembly Market Size, by Country, 2019-2025 (USD Million)
Figure 24 Bandwidth Demand for High End Users in U.S. (Mbps), 2011-2020
Figure 25 U.S.: Consumer Spending On Home Entertainments (2014-2017)
Figure 26 Annual Vehicle Production in Canada (2013-2017)
Figure 27 Europe: Cable Assembly Market Size, by Country, 2019-2025 (USD Million)
Figure 28 Growth in Italy’s Fixed Broadband Subscriptions, 2008-2016, (Million Subscriptions)
Figure 29 Growth of Fixed Broadband in Latin America, 2009-2017
Figure 30 Competitive Landscape
Figure 31 Amphenol Dc Electronics: Financial Overview (2015-2017)
Figure 32 TE Connectivity Ltd.: Financial Overview (2016-2018)
Figure 33 JAE Electronics, Inc.: Financial Overview (2016-2018)
Figure 34 Luxshare Precision Industry Co., Ltd.: Financial Overview (2015-2017)
Figure 35 Delphi Connection Systems (Aptiv): Financial Overview (2016-2018)
Figure 36 Yazaki Corporation: Financial Overview (2015-2017)
Figure 37 Foxconn (FIT): Financial Overview (2015-2017)
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
Published Date: Jun-2019
Published Date: Sep-2020
Published Date: Jun-2021
