Cable assembly is a collection of wires and cables banded together in a single unit. It is used to connect various types of systems and equipment to carry out its desired operation in component and finished product manufacturing. These assemblies are majorly used in industries such as automotive, computers and peripherals, telecom/datacom, military/aerospace, industrial, consumer, transportation, medical, instrumentation, business/office, and others. Factors such as increasing number of electric vehicles, increasing demand from aerospace industry, growing internet penetration across the globe are expected to drive the growth of the market.
The global Cable Assembly market is estimated to be valued at USD 149.7 billion in 2019 and is expected to reach USD 220.7 million by 2025, growing at a CAGR of 6.7%.
Scope of the Report:
Cable Assembly Market by Product
Cable Assembly Market by Application
Here are Top 10 companies in cable assemblies –
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3-4 years (2016–2019).
The key players profiled in the global cable assembly market report are
Amphenol DC Electronics (ADCE)
TE Connectivity Ltd
Jae Electronics, Inc.
Luxshare Precision Industry Co., Ltd.
Koch Industries, Inc. (Molex)
W.L. Gore and Associates
Epec, LLC
Fischer Connectors SA,
Samtec, Inc.
Delphi Connection Systems
Yazaki Corporation
Foxconn (FIT).
Key questions answered in the report:
Growing penetration of fiber optic cable assemblies in automotive and data management & telecommunications will propel the overall cable assembly market
Cable Assembly market favors both larger and local manufacturers that compete in multiple segments
Recent partnerships, acquisitions, and expansions have taken place in the global cable assembly market
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