Global Radio Frequency (RF) Cables Market to Reach $12.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Radio Frequency (RF) Cables estimated at US$7.4 Billion in the year 2020, is projected to reach a revised size of US$12.6 Billion by 2027, growing at aCAGR of 8% over the period 2020-2027. Coaxial Cable, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$10.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fiber-Optic Cable segment is readjusted to a revised 9.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 12.1% CAGR
The Radio Frequency (RF) Cables market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 12% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.We bring years of research experience to this 9th edition of our report. The 292-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Beijer Alma AB
- Belden, Inc.
- HUBER+SUHNER AG
- Nexans SA
- Prysmian Group