PUBLISHER: Bishop & Associates, Inc. | PRODUCT CODE: 1430095
PUBLISHER: Bishop & Associates, Inc. | PRODUCT CODE: 1430095
A year marked by high inflation, worldwide geopolitical conflicts, high interest rates, housing and raw material shortages and low unemployment, 2023 was a year like no other! How did these factors affect the cable assembly industry, and will they continue to affect cable assembly performance over the next five-years?
“2024 World Cable Assembly Market”, a new research report from industry leader Bishop & Associates, addresses these questions and many more. This 17-chapter, 230-page report provides a detailed analysis in US dollars for the years 2022 through 2028, by region, end-use equipment sector, and cable assembly type. Our analysis is provided numerically and graphically, allowing the reader to easily view and understand upcoming trends.
Constantly evolving technology is having a profound effect on the design and implementation of cable assemblies. Discover which cable assemblies will benefit most from this evolution and where to focus investments. Order your copy of “2024 World Cable Assembly Market” now.
Worldwide market share in the cable assembly market is beginning to stabilize and the shift overseas has slowed. The fastest growing market segment is telecom/datacom with a five-year CAGR of 8.0%. This market growth is primarily the result of the need for expanded network infrastructure and conversion to 5G, which has not progressed at the speed many anticipated. The automotive market, the largest cable assembly market sector, will continue to grow despite the continued shortage of semiconductors. Much of this growth will be in specialized high-voltage cable assemblies found in hybrid plug-in vehicles. After two decades of strong growth, China's cable assembly industry remains the largest in the world, but not only will they lose some market share in the out years, but by the end of the forecast they will have gained a very small percentage, primarily driven by domestic demand.
This 17-chapter, 230-page report provides a detailed analysis in US dollars for the years 2022 through 2028, by region, end-use equipment sector, and cable assembly type. Our analysis is provided numerically and graphically, allowing the reader to easily view and understand upcoming trends.
The “2024 World Cable Assembly Market” report includes analyses of important factors impacting the worldwide cable assembly market, as well as the economic trends and technology affecting each market sector within individual regions.
The following tables and graph, with numbers redacted, show the type of analysis included in this report.