Cable Blowing Equipment Market by Power (Hydraulically Powered, Pneumatically Powered, Electric-driven, and Drill-driven), Cable Type (Micro-duct and Normal Cable) and Region (North America, Europe, Asia Pacific, & RoW) - Global Forecast to 2027
The cable blowing equipment market is projected to reach USD 133 million by 2027, growing at a CAGR of 4.8% from 2022 to 2027. This report covers key power drive types, namely, hydraulically powered, pneumatically powered, electric-driven, and drill-driven cable blowing equipment. Pneumatically powered cable blowing equipment accounted for the largest share of 33% of the market in 2021. The use of cable blowing equipments is solely dependent on deployment on fiber optic network for data transmission.
“By cable type, the market for micro-duct segment is expected to hold the largest share during the forecast period”
These micro ducts allow fiber cables to be deployed to meet present service demands while also providing extra duct space that can be used to lay new cables to meet future demands as they develop. Color-coded micro ducts through which optical fiber bundles or micro cables are blown are found in multi-way micro ducts, which come in a variety of predefined sizes.
“Asia Pacific region is expected to grow at highest CAGR in the cable blowing equipment market during the forecast period.”
Asia Pacific has emerged as a global focal point for large investments and business expansion opportunities. The region is expected to witness substantial growth due to the high consumption of high-speed internet in the region. Asian markets encourage the development of 5G mobile technologies, with commercial deployments already implemented in South Korea and ready to be deployed in Japan and China in 2020. The APAC region competes via cost-effectiveness due to the availability of cost-effective labor in China, which provides an edge with lost manufacturing costs. This factor further drives the market for cable blowing equipment.
Break-up of the profiles of primary participants:
By Company Type – Tier 1 – 10%, Tier 2 – 55%, and Tier 3 – 35%
By Designation – C-level – 45%, Director-level – 25%, and, Other – 30%
By Region – North America - 55%, Europe – 20%, APAC – 15%, and RoW – 10%
The key players operating in the cable blowing equipment market include are Plumettaz S.A (Switzerland), Condux International, Inc. (US), General Machine Products (KT) LLC (US), Fremco (Denmark), and LANCIER CABLE GmbH (Germany). The Cable blowing equipment market has been segmented into power type, cable type, and region.
Based on power type the cable blowing equipment market has been segmented by hydraulically powered, pneumatically powered, electric-driven, and drill-driven. Based on cable type the cable blowing equipment market has been segmented into micro-duct and normal cable. Based on region the cable blowing equipment market has been segmented by North America, Europe, Asia Pacific, and Rest of the World.
Illustrative segmentation, analysis, and forecast of the market based on power type, cable type, and region have been conducted to give an overall view of the cable blowing equipment market.
A value chain analysis has been performed to provide in-depth insights into the cable blowing equipment market.
The key drivers, restraints, opportunities, and challenges pertaining to the cable blowing equipment market have been detailed in this report.
Detailed information regarding the COVID-19 impact on the cable blowing equipment market has been provided in the report.
The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues
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