Saudi Arabia Structured Cabling Market 2018-2024: Market Forecast by Product Types, Applications, Regions and Competitive Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 10, 2018--The “Saudi Arabia Structured Cabling Market (2018-2024): Market Forecast by Product Types, by Applications, by Regions, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
Saudi Arabia Structured Cabling Market is projected to grow at a CAGR of 10.7% during 2018-24.
Saudi Arabia structured cabling market experienced a major decline in 2017 due to crude oil price crisis along with delay or cancellation of various construction projects. However, post 2018, the market is expected to revive due to increasing crude oil prices, participation of private sector, government spending towards infrastructure development, construction of new construction projects have been awarded in multiple sectors such as hospitality, healthcare, energy, and commercial due to which the demand for structured cabling is likely to witness significant growth during 2018-24.
The market for cables was the highest revenue generating sub-segment in the overall market, by product type, owing to the high volume of cables used in mega infrastructure projects, medium size projects and in the retail market for home users. Additionally, due to the shorter life cycle of cabling components, the components market is expected to grow at a healthy pace in the years to come.
Saudi Arabia is a highly competitive market for structured cabling, with both international and local brands competing with each other.
By Product Types:Cables CopperFiber Optics Components Communication OutletsPatch Panels & Cross ConnectsPatch Cords & Cable AssembliesRacks & Cabinets
By Applications:Commercial Residential Industrial Education Others (Govt. Ministries and Transportation)
Companies MentionedBelden Inc. CommScope Holding Company, Inc. Corning Incorporated. Dtwyler Cabling Solutions AG Legrand SA Leviton Manufacturing Company, Inc. Nexans S.A. Panduit Corp. Schneider Electric S.E. The Siemon Company LLC.
For more information about this report visit https://www.researchandmarkets.com/research/cl6j4k/saudi_arabia?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005690/en/
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Related Topics:Telecommunications Equipment
KEYWORD: SAUDI ARABIA MIDDLE EAST
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS
SOURCE: Research and Markets
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PUB: 10/10/2018 11:27 AM/DISC: 10/10/2018 11:27 AM