The global radio frequency cable market research report by Technavio predicts the market to post a CAGR of close to 9% during the period 2018-2022.
A key radio frequency cable market driver is the development of smart cities. The countries across the globe have been concentrating on the development of smart cities to manage the assets and resources efficiently. The governments have been working with major market participants including information technology solution providers, telecommunication network infrastructure providers, utility companies, and many others to develop smart cities.
This global radio frequency cable market research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the growing investment in optical fibers will be one of the key radio frequency cable market trends:
Global radio frequency cable market: growing investment in optical fibers
The ability of optical fibers to allow the transmission of data over long distances with low latency has been promoting the increased investments in optical fiber cables. Engineers can integrate devices in smaller and lighter packages due to the use of optical fibers. Thus, many firms have been opting for optical fiber cables to address the increasing demand for RF applications in terms of spectral bandwidth and distances.
Optical fiber cables are more secure as they do not emit any radiation and are immune to radio frequency and electromagnetic interference. Hence, they provide extremely reliable data transmission. This has encouraged end-users such as CATV companies and broadcasting and telecommunication companies to switch to fiber cables as the mode of transmission, says a senior analyst at Technavio for research on semiconductor equipment.
Global radio frequency cable market: Segmentation analysis
This radio frequency cable market analysis report segments the market by application (telecommunication, cable TV, and military and aerospace), by product (RF coaxial cables and ROF cable), and geography (the Americas, APAC, and EMEA).
The telecommunication segment held the largest radio frequency cable market share in 2017, accounting for nearly 43% of the market. This application segment is expected to dominate the global market throughout the forecast period.
APAC led the market in 2017 with more than 45% of the market share, followed by the Americas and EMEA respectively. APAC is expected to dominate the market throughout the period 2018-2022.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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