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Global Structured Cabling Market to Reach $14.3 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Structured Cabling estimated at US$9.2 Billion in the year 2020, is projected to reach a revised size of US$14.3 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027. Copper Cables, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$9.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fiber Optic Cables segment is readjusted to a revised 6.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 9.7% CAGR
The Structured Cabling market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 9.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2027.


Other Product Types Segment to Record 5.3% CAGR
In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$550.4 Million in the year 2020 will reach a projected size of US$767 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.4% CAGR through the analysis period.