Cable Blowing Equipment Market is expected to witness Incredible Growth during 2022 - 2027


Posted September 1, 2022 by avinashgogawale14

The Cable Blowing Equipment Market is anticipated to increase from USD 105 million in 2027 to USD 133 million by 2027, growing at a CAGR of 4.8%.

 
By 2027, the Cable Blowing Equipment Market is anticipated to reach USD 133 million, expanding at a CAGR of 4.8%. Since fibre optic cable is typically used for both intra-data centre and inter-data centre communications, the growth of the fibre optic cable network to connect data centres is anticipated to increase demand for cable installation equipment.

While enhancing speed, latency, reliability, and power consumption, fifth-generation wireless communication enables smartphones and Internet of Things (IoT) devices to support a sizable number of connections at once. Worldwide network deployment has started, the spectrum auctions are almost complete, and 5G-ready smartphones have been made available. Due to network operators' efforts to cut operating expenses, the majority of 5G advancements are currently concentrated on the business-to-consumer (B2C) market. There is an increasing need for fiber-optic interconnectivity due to the rising demand for data driven by bandwidth-intensive applications like video and audio streaming services, as well as the ongoing transition toward cloud services and 5G. Companies are investing in new infrastructures and current networks to meet this soaring demand, which is accelerating the development of fibre connections around the world. Optical fibre is the greatest material for reaching the high performance promised by 5G because it offers over 1K times the bandwidth of a copper link. Thus, it is anticipated that rising demand for fibre optic cables will increase need for cable installation equipment like Cable Bowing Equipment.

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From 2027 to 2027, the electric-driven category is anticipated to develop at a greater CAGR than other segments, creating a wealth of potential in the cable blowing equipment market. Smaller diameter fibre cables are typically used with electric-driven cable blowing equipment. Compared to other forms of cable blowing equipment, they are anticipated to expand at the fastest rate because they offer fibre installation options that are affordable, dependable, sustainable, lightweight, and simple to operate.

The micro-duct segment has become a popular choice for deploying fibre optic cable. Microcable deployment is frequently used for access networks and drop cabling for FTTx network infrastructure. Fiber has significantly surpassed copper connection in recent years because to its low latency and high bandwidth at fast speed. Consequently, a lucrative market potential for cable blowing equipment is created.

During the anticipated period, the Europe region is anticipated to have significant market opportunities for cable blowing equipment. Expanding public and corporate investment in fibre optic projects in nations like France and Germany will boost the need for cable blowing equipment.

The penetration of FTTH and FTTB is growing significantly, according to FTTH Council. For instance, around 35.5% of French homes had access to FFTH or FFTB in 2020; this number is predicted to rise to 91.1% by 2026. As a result, the substantial demand is anticipated to provide enormous market potential for cable laying machinery like Cable Blowing Machines.

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Last Updated September 1, 2022