Cable assembly market: APAC held 59% in 2022, Application-specific segment to grow at the highest rate

December 1, 2022 by No Comments

NEW YORK, Dec. 1, 2022 /PRNewswire/ — The cable assembly market size is estimated to grow by USD 72 billion. The growth momentum of the market will accelerate at a CAGR of 6.53% during the forecast period, according to Technavio. APAC held 59% of the global cable assembly market in 2022. The market in the region is estimated to grow at the fastest pace during the forecast period. OEMs from industries such as automotive, consumer electronics, telecom, and manufacturing are the major buyers of cable assemblies, which will boost the demand for cable assemblies in this region. This, in turn, will facilitate the cable assembly market growth in APAC over the forecast period.

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Cable assembly market: Segmentation analysis

Technavio has segmented the cable assembly market based on application (automotive, consumer electronics, telecom and datacom, industrial, and others), product (application-specific, rectangular, RF, circular, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

  • The application-specific segment will grow at the highest rate during the forecast period. Application-specific cable assemblies are designed for specific uses and are custom-made. They are mainly used in automotive, medical, telecommunication, military and defense, and other industries. Hence, the demand for application-specific cable assemblies will increase moderately during the forecast period.

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Key factors driving market growth

  • The increasing demand for EVs is driving the global cable assembly market growth.
  • Cable assemblies are used in many onboard systems in vehicles, such as battery and power supply, ignition systems, steering systems, braking systems, interior and exterior lighting, and safety and security.
  • The number of electronic components, such as rear camera systems, navigation systems, and mobile and Bluetooth connections, is also increasing in vehicles.
  • The global electric vehicle (EV) market is growing at a fast pace. The growing focus on environmental sustainability and the depletion of fossil fuel reserves have increased the sales of EVs in the last few years.
  • Moreover, technological advances have reduced the cost of batteries and improved the efficiency of EVs.

Leading trends influencing the market

  • The growth of data centers will be a key trend in the global cable assembly market.
  • The demand for data centers is rising globally, primarily due to the exponential growth of data volumes generated by enterprises and individual consumers.
  • Several companies have built their own data centers or are opting for colocation data centers to serve their customers.
  • In addition, the increasing use of cloud computing is driving the demand for data centers.
  • Moreover, the launch of new data centers will fuel the demand for cable assemblies, as they reduce cost and power consumption.
  • The number of data centers is increasing. Hence, cable assembly manufacturers are offering products that can be used in data centers.
  • Therefore, the increasing number of data centers will support the growth of the market.

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Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Buy the Report

What are the key data covered in this cable assembly market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cable assembly market between 2023 and 2027
  • Precise estimation of the size of the cable assembly market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the cable assembly market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cable assembly market vendors

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Cable Assembly Market Scope

Report Coverage

Details

Page number

182

Base year

2022

Historical year

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.53%

Market growth 2023-2027

USD 72 billion

Market structure

Fragmented

YoY growth (%)

6.14

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 59%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Companies profiled

3M Co., Amphenol Corp., Aptiv, BizLink Holding Inc, Cablecraft Motion Controls LLC, Carlisle Companies Inc., Carrio Cabling Corp., Copartner Tech Corp., Corning Inc., Fischer Connectors Holding SA, Japan Aviation Electronics Industry Ltd., Koch Industries Inc., Minnesota Wire & Cable Co., Nexans SA, NKT AS, Prysmian Spa, RF Industries Ltd., Samtec Inc., Smiths Group Plc, TE Connectivity Ltd., and W. L. Gore & Associates Inc.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

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Table of Content

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global cable assembly market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global cable assembly market 2017 – 2021 ($ billion)
  • 4.2 Product Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ billion)
  • 4.3 Application Segment Analysis 2017 – 2021
    • Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments 
    • Exhibit 30: Chart on Product – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product – Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Application-specific – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Application-specific – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Application-specific – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Application-specific – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Application-specific – Year-over-year growth 2022-2027 (%)
  • 6.4 Rectangular – Market size and forecast 2022-2027
    • Exhibit 38: Chart on Rectangular – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Rectangular – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Rectangular – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Rectangular – Year-over-year growth 2022-2027 (%)
  • 6.5 RF – Market size and forecast 2022-2027
    • Exhibit 42: Chart on RF – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 43: Data Table on RF – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 44: Chart on RF – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on RF – Year-over-year growth 2022-2027 (%)
  • 6.6 Circular – Market size and forecast 2022-2027
    • Exhibit 46: Chart on Circular – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 47: Data Table on Circular – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Chart on Circular – Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on Circular – Year-over-year growth 2022-2027 (%)
  • 6.7 Others – Market size and forecast 2022-2027
    • Exhibit 50: Chart on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 6.8 Market opportunity by Product 
    • Exhibit 54: Market opportunity by Product ($ billion)

7 Market Segmentation by Application

  • 7.1 Market segments 
    • Exhibit 55: Chart on Application – Market share 2022-2027 (%)
    • Exhibit 56: Data Table on Application – Market share 2022-2027 (%)
  • 7.2 Comparison by Application 
    • Exhibit 57: Chart on Comparison by Application
    • Exhibit 58: Data Table on Comparison by Application
  • 7.3 Automotive – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Automotive – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 60: Data Table on Automotive – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Chart on Automotive – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Automotive – Year-over-year growth 2022-2027 (%)
  • 7.4 Consumer electronics – Market size and forecast 2022-2027
    • Exhibit 63: Chart on Consumer electronics – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 64: Data Table on Consumer electronics – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 65: Chart on Consumer electronics – Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on Consumer electronics – Year-over-year growth 2022-2027 (%)
  • 7.5 Telecom and datacom – Market size and forecast 2022-2027
    • Exhibit 67: Chart on Telecom and datacom – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 68: Data Table on Telecom and datacom – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 69: Chart on Telecom and datacom – Year-over-year growth 2022-2027 (%)
    • Exhibit 70: Data Table on Telecom and datacom – Year-over-year growth 2022-2027 (%)
  • 7.6 Industrial – Market size and forecast 2022-2027
    • Exhibit 71: Chart on Industrial – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 72: Data Table on Industrial – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 73: Chart on Industrial – Year-over-year growth 2022-2027 (%)
    • Exhibit 74: Data Table on Industrial – Year-over-year growth 2022-2027 (%)
  • 7.7 Others – Market size and forecast 2022-2027
    • Exhibit 75: Chart on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 76: Data Table on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 77: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 7.8 Market opportunity by Application 
    • Exhibit 79: Market opportunity by Application ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 81: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 82: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 83: Chart on Geographic comparison
    • Exhibit 84: Data Table on Geographic comparison
  • 9.3 APAC – Market size and forecast 2022-2027
    • Exhibit 85: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 86: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 87: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027
    • Exhibit 89: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 90: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 91: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 North America – Market size and forecast 2022-2027
    • Exhibit 93: Chart on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 94: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 95: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 98: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 99: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.7 South America – Market size and forecast 2022-2027
    • Exhibit 101: Chart on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 102: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 103: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.8 China – Market size and forecast 2022-2027
    • Exhibit 105: Chart on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 106: Data Table on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 107: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.9 US – Market size and forecast 2022-2027
    • Exhibit 109: Chart on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 110: Data Table on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 111: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.10 Japan – Market size and forecast 2022-2027 
    • Exhibit 113: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 114: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 115: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 116: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.11 India – Market size and forecast 2022-2027
    • Exhibit 117: Chart on India – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 118: Data Table on India – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 119: Chart on India – Year-over-year growth 2022-2027 (%)
    • Exhibit 120: Data Table on India – Year-over-year growth 2022-2027 (%)
  • 9.12 Germany – Market size and forecast 2022-2027
    • Exhibit 121: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 122: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 123: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 124: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 125: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.3 Impact of drivers and challenges 
    • Exhibit 126: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

  • 11.2 Vendor landscape 
    • Exhibit 127: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 128: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 129: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 130: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 131: Matrix on vendor position and classification
  • 12.3 3M Co. 
    • Exhibit 132: 3M Co. – Overview
    • Exhibit 133: 3M Co. – Business segments
    • Exhibit 134: 3M Co. – Key news
    • Exhibit 135: 3M Co. – Key offerings
    • Exhibit 136: 3M Co. – Segment focus
  • 12.4 Amphenol Corp. 
    • Exhibit 137: Amphenol Corp. – Overview
    • Exhibit 138: Amphenol Corp. – Business segments
    • Exhibit 139: Amphenol Corp. – Key news
    • Exhibit 140: Amphenol Corp. – Key offerings
    • Exhibit 141: Amphenol Corp. – Segment focus
  • 12.5 Aptiv 
    • Exhibit 142: Aptiv – Overview
    • Exhibit 143: Aptiv – Business segments
    • Exhibit 144: Aptiv – Key offerings
    • Exhibit 145: Aptiv – Segment focus
  • 12.6 BizLink Holding Inc 
    • Exhibit 146: BizLink Holding Inc – Overview
    • Exhibit 147: BizLink Holding Inc – Product / Service
    • Exhibit 148: BizLink Holding Inc – Key offerings
  • 12.7 Cablecraft Motion Controls LLC 
    • Exhibit 149: Cablecraft Motion Controls LLC – Overview
    • Exhibit 150: Cablecraft Motion Controls LLC – Product / Service
    • Exhibit 151: Cablecraft Motion Controls LLC – Key offerings
  • 12.8 Carrio Cabling Corp. 
    • Exhibit 152: Carrio Cabling Corp. – Overview
    • Exhibit 153: Carrio Cabling Corp. – Product / Service
    • Exhibit 154: Carrio Cabling Corp. – Key offerings
  • 12.9 Copartner Tech Corp. 
    • Exhibit 155: Copartner Tech Corp. – Overview
    • Exhibit 156: Copartner Tech Corp. – Product / Service
    • Exhibit 157: Copartner Tech Corp. – Key offerings
  • 12.10 Corning Inc. 
    • Exhibit 158: Corning Inc. – Overview
    • Exhibit 159: Corning Inc. – Business segments
    • Exhibit 160: Corning Inc. – Key offerings
    • Exhibit 161: Corning Inc. – Segment focus
  • 12.11 Fischer Connectors Holding SA 
    • Exhibit 162: Fischer Connectors Holding SA – Overview
    • Exhibit 163: Fischer Connectors Holding SA – Product / Service
    • Exhibit 164: Fischer Connectors Holding SA – Key offerings
  • 12.12 Koch Industries Inc. 
    • Exhibit 165: Koch Industries Inc. – Overview
    • Exhibit 166: Koch Industries Inc. – Product / Service
    • Exhibit 167: Koch Industries Inc. – Key news
    • Exhibit 168: Koch Industries Inc. – Key offerings
  • 12.13 Minnesota Wire Cable Co. 
    • Exhibit 169: Minnesota Wire Cable Co. – Overview
    • Exhibit 170: Minnesota Wire Cable Co. – Product / Service
    • Exhibit 171: Minnesota Wire Cable Co. – Key offerings
  • 12.14 Nexans SA 
    • Exhibit 172: Nexans SA – Overview
    • Exhibit 173: Nexans SA – Business segments
    • Exhibit 174: Nexans SA – Key offerings
    • Exhibit 175: Nexans SA – Segment focus
  • 12.15 RF Industries Ltd. 
    • Exhibit 176: RF Industries Ltd. – Overview
    • Exhibit 177: RF Industries Ltd. – Product / Service
    • Exhibit 178: RF Industries Ltd. – Key offerings
  • 12.16 Smiths Group Plc 
    • Exhibit 179: Smiths Group Plc – Overview
    • Exhibit 180: Smiths Group Plc – Business segments
    • Exhibit 181: Smiths Group Plc – Key news
    • Exhibit 182: Smiths Group Plc – Key offerings
    • Exhibit 183: Smiths Group Plc – Segment focus
  • 12.17 TE Connectivity Ltd. 
    • Exhibit 184: TE Connectivity Ltd. – Overview
    • Exhibit 185: TE Connectivity Ltd. – Business segments
    • Exhibit 186: TE Connectivity Ltd. – Key offerings
    • Exhibit 187: TE Connectivity Ltd. – Segment focus

13 Appendix

  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 188: Inclusions checklist
    • Exhibit 189: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 190: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 191: Research methodology
    • Exhibit 192: Validation techniques employed for market sizing
    • Exhibit 193: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 194: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com/

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