Twisted Pair Cable Market Size, Share & Industry Analysis, By Type (Shielded, Unshielded), By Frequency (1 KHz-100 MHz, 100 MHz-500 MHz, 500 MHz-1,000 MHz), By End-Use Industry (Telecommunication, Power Generation, Others) and Regional Forecast, 2024-2032

Industrial automation is setting its feet in the global manufacturing sector. Players involved in the chemical, food and beverage, equipment manufacturing, and pharmaceutical industries among others are highly focused on adopting automated technologies such as control systems, computers, and robots among others to improve efficiencies and reduce manual errors.

Twisted pair cables are used in these automated technologies for the transfer of data and signals across various processes. The twisted-pair cables consist of two conductors of one circuit which are twisted together in order to maximize the efficiencies. The twisted-pair cables are manufactured considering the standards set by the Telecommunications Industry Association and International Standard Organization.

Key Market Driver -

Key Market Driver – Increasing inclination towards automation across different industries

Key Market Restraint -

Key Market Restraint – Difficulty in the connection of shielded twisted pair cables to the terminating blocks

By type, the twisted pair cable market is segmented as shielded and unshielded twisted pair cables. The shielded twisted pair cables have jackets of polyvinyl chloride, polyethylene, and synthetic polymers among other materials. These jackets shield the twisted pair cables for corrosion-prone and outdoor applications.

The unshielded twisted pair cables are used for data transfer applications. By frequency, the twisted pair cable market is classified based on the frequency ranges such as 1 kHz-100 MHz, 100 MHz-500 MHz, and 500 MHz-1,000 MHz. By end-use industry, the twisted pair cable market is bifurcated based on the application of twisted-pair cables in the telecommunication, power generation and other industries. The telecommunication industry is expected to dominate the global twisted pair cable market by end-use industry owing to high demand for twisted pair cables in various applications such as data transfer.

Twisted pair cables aid in transferring data and signals to the target place. The twisted-pair cables thus have applications across a wide range of automated industrial processes. The increasing inclination of the manufacturers towards adopting automated processes is therefore expected to boost the market growth of the twisted pair cables over the forecast period. The twisted-pair cables are extensively used in the telecommunications industries.

The increasing population has created a platform for the sales of electronic equipment. The telecommunication industry is also growing at significant rates owing to the increase in internet usage across various regions. The growth of these industries is expected to drive the market for twisted-pair cables in the near future.

The shielded twisted pair cables are used for various applications but are not easy to connect to the terminating blocks as compared to unshielded twisted pair cables. This is likely to have a negative impact on the growth of the shielded twisted pair cables.

Key Players Covered

Some of the major companies that are present in the global twisted pair cable market are W.L. Gore & Associates, Hitachi Cable America Inc., SAB Bröckskes GmbH & Co. KG, Extron, Nexans, Selsor, Nihon Maruko International Group, TE Connectivity, Nikomax, Systems Wire and Cable LLC, K.M. Cables and Conductors, Belden, Inc., Atlas Cable Industries, BEHG Holding AG, bda Connectivity GmbH and Custom Designed Cables Ltd among others.

Regional Analysis

The global twisted pair cable market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The growing use of internet usage in the U.S and Canada has boosted the growth of the telecom industry in the North America region. New trends, such as the introduction of 5G services, are attracting more and more consumers to use internet services in North America. Owing to this, the twisted wire cables market is expected to witness robust growth in the North America region. The electronics and component manufacturing industry in Latin America is expected to grow at decent rates in the coming years.

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This is likely to add in the growth of the twisted pair cables market in Latin America. The electronics equipment industry in the Europe region is growing at steady rates driven by increasing demand in Germany, U.K, and France. The growth of the electronics industry in Europe is forecast to augment the growth of the twisted pair cable market in the near future. Countries such as Saudi Arabia, the United Arab Emirates, and Qatar are focused on increasing the power generation capacities and are adding new renewable capacities.

Owing to the growth of the power generation, the twisted pair cable sales in the signal transfer applications are expected to see significant increase in the coming years. The Asia Pacific is a high potential market for telecom and electronics and component manufacturing industry growth. The availability of more consumers and economical raw materials is expected to drive the telecom and electronics and component manufacturing industry growth. This is anticipated to boost the market growth of twisted-pair cables over the forecast period.

Segmentation

Key Industry Developments

• In July 2019, Analog Devices Inc. has announced that it has developed a car camera link technology for the vehicle users. The company has used unshielded twisted pair cables in the technology and is offering the technology under the brand name C²B™


• In July 2019, Extron announced its launch of a new product twisted pair HDMI receiver. The company will offer the product under the brand name DTP2 R 211 HDCP 2.2