PUBLISHER: The Business Research Company | PRODUCT CODE: 1427979
PUBLISHER: The Business Research Company | PRODUCT CODE: 1427979
Pre-terminated systems involve factory-made cables and modular components with pre-attached, tested connections, ready to be linked to a network. These systems offer a standardized field system, providing advantages such as space-saving and enhanced security.
The primary components included in pre-terminated systems comprise cables, connectors, adapter plates, patch panels, patch cords, cassette modules, pigtails, and fiber enclosures. Cables, defined as thick wires or collections of wires encased in rubber or plastic, serve the purpose of transporting electricity or electronic communications. Pre-terminated systems offer various services, including design and engineering, installation, and post-installation, and find applications across different verticals, including government and defense, enterprises and data centers, IT and telecom, energy and utilities, manufacturing, banking, financial services, and insurance, as well as retail, media and entertainment, and others.
The pre-terminated systems market research report is one of a series of new reports from The Business Research Company that provides pre-terminated systems market statistics, including pre-terminated systems industry global market size, regional shares, competitors with a pre-terminated systems market share, detailed pre-terminated systems market segments, market trends and opportunities, and any further data you may need to thrive in the pre-terminated systems industry. This pre-terminated systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pre-terminated systems market size has grown rapidly in recent years. It will grow from $2.69 billion in 2023 to $2.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The expansion observed in the historical period can be attributed to the presence of traditional cabling infrastructure, growth in telecommunications networks, the expansion of data centers, increased demand for high-speed connectivity, and a rise in internet usage.
The pre-terminated systems market size is expected to see strong growth in the next few years. It will grow to $4.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The anticipated growth in the forecast period can be attributed to the growing demand for high-performance data transmission, the expansion of cloud computing services, the rise in smart building initiatives, an increasing need for flexible and scalable network solutions, and the integration of Internet of Things (IoT) devices. Key trends expected in the forecast period include the development of pre-terminated fiber optic solutions, the adoption of advanced cable management systems, customization of pre-terminated systems for specific applications, the integration of intelligent connectivity solutions, and the growth of modular and plug-and-play systems.
The pre-terminated systems market is poised for growth, driven by the expanding footprint of data centers. Data centers, integral for shared access to applications and data, are witnessing increased demand. Pre-terminated cable systems offer a plug-and-play solution, especially suited for connecting switches and servers within the data center infrastructure. Both pre-terminated fiber and copper systems find optimal application in the Main Distribution Area (MDA) and Horizontal Distribution Area (HDA) of data center structured cabling designs. The Korea Data Center Council (KDCC) reported that colocation data centers' overall capacity reached 430 MW at the end of 2020, constituting 11% of the total APAC IT load. Additionally, the International Energy Agency (IEA) noted a significant surge in data center workloads from 180 million in 2015 to 650 million in 2021, marking a 260% increase. Hence, the expansion of data centers is a key driver for the pre-terminated systems market.
The rapid implementation of 5G networks is also set to fuel the growth of the pre-terminated systems market. The advent of 5G technology demands higher bandwidth to support increased data rates and connectivity needs. Pre-terminated systems, particularly those designed for fiber-optic connections, provide the essential infrastructure to meet the high bandwidth requirements of 5G networks. According to Telefonaktiebolaget LM Ericsson, approximately 240 5G networks were in deployment globally in May 2023, with expectations of an 85% increase by 2028. Moreover, 5G wireless connections witnessed a 76% rise, reaching 1.05 billion in 2022, projected to reach 1.9 billion by the end of 2023 and 5.9 billion by 2027. Thus, the implementation of 5G networks is anticipated to drive the pre-terminated systems market.
Innovative products represent a significant trend in the pre-terminated systems market, with major companies focusing on developing inventive solutions. For example, Amerifiber, a US-based fiber optics manufacturer and distributor, introduced Ameri-Armor in February 2021. This innovative line of micro-type armored pre-terminated fiber optic cables offers advantages such as low-profile installations, higher fiber densities, and improved flexibility, simplifying routing and installation processes.
Technological advancements, such as pre-terminated unbalanced technology solutions, are a key focus for major companies in the pre-terminated systems market to maintain their competitive edge. OFS, a leading technology company, unveiled MDU!Grow in September 2022-a pre-terminated, unbalanced technology solution designed to meet the evolving installation requirements for new buildings in the UK market. This platform is positioned to facilitate rapid and efficient network expansion, addressing the demands of modern building installations.
In May 2023, NAI Group, a US-based company specializing in advanced interconnect solutions, acquired KSM Electronics. This acquisition enhances NAI's aerospace and defense capabilities, fortifying its position as an interconnect solutions provider for industrial technology and medical end markets. KSM Electronics, a US-based electronics manufacturer, specializes in custom cable and wire harness assemblies, including pre-terminated systems.
Major companies operating in the pre-terminated systems market report are Siemens AG, Schneider Electric SE, Prysmian S.p.A., TE Connectivity Ltd., Corning Incorporated, Amphenol Corporation, CommScope Inc., Nexans SA, Legrand SA, Anixter International Inc., America Fujikura Ltd., Belden Inc., Black Box Corporation, Leviton Manufacturing Co. Inc., Panduit Corporation, HUBER+SUHNER AG, Superior Essex Inc., Preformed Line Products Company, Rosenberger Hochfrequenztechnik GmbH & Co. KG, HellermannTyton GmbH, Hitachi Cable America Inc., Optical Cable Corporation, Sumitomo Electric Lightwave Corp., General Cable Technologies Corporation, Fiber Optic Center, Optec Technology Limited, Connectix Ltd.
North America was the largest region in the pre-terminated systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the pre-terminated systems market report during the forecast period. The regions covered in the pre-terminated systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pre-terminated systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pre-terminated systems market consists of revenues earned by entities by providing plug-and-play systems and plug-and-play installation and repair services. The market value includes the value of related goods sold by the service provider or included within the service offering. The pre-terminated systems market also includes sales of fiber mod link cable and pre-terminated fiber optic leads, which are used in providing pre-terminated systems services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pre-Terminated Systems Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pre-terminated systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pre-terminated systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pre-terminated systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.