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Robust Expansion of Fiber Optic Network to Steer Cable Blowing Equipment Market Past US$ 150.0 Million by 2032

Jun 11, 2023Jun 11, 2023

Expansion of Fiber Optic Network across the World to Bolster Cable Blowing Equipment Market Sales

New York, March 08, 2023 (GLOBE NEWSWIRE) -- The Global Cable Blowing Equipment Market value reached US$ 105.0 million in 2022. Between 2022 and 2032, global cable blowing equipment sales will rise at 3.6% CAGR. This will take the market valuation to US$ 150.0 million by the end of 2032.

Micro-duct cables will generate high demand for cable blowing equipment through 2032. The target segment is likely to expand at 3 . 5 % from 2022 to 2032 as per Persistence Market Research (PMR).

Rapid expansion of fiber optic networks worldwide will elevate cable blowing machine demand. Besides this, increasing adoption of advanced technologies such as IoT and AI will bode well for the market.

In the era of information technology, it is said that data is the new oil. Transmission of data through data cables from one data center to another is of utmost importance. The data is transmitted through fiber optic cables. To put fiber cable into the telecommunication ducts, cable blowing machines are being employed. Large volume of data needs to be transmitted through cables and thus the jotting machines have become really important in the telecommunication devices industry. Development of IT & telecom sector worldwide will boost cable blowing equipment sales.

Additionally, technological advancements in cable blowing machines will aid in the expansion of the global market. Leading cable blowing equipment manufacturers are introducing novel solutions to meet changing demand. This will help them to increase sales.

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Key Takeaways from Cable Blowing Equipment Market Report:

The worldwide cable blowing equipment market size will reach US$ 150.0 million by 2032.

By power type, pneumatically powered segment will expand at 3.4% CAGR through 2032.

By cable type, micro-duct category is likely to rise at 3.5% CAGR between 2022 and 2032.

The United States cable blowing equipment market will reach US$ 43.41 million by 2032.

China cable blowing equipment market size is set to reach US$ 12.4 million in 2032.

Cable blowing equipment sales in Japan will rise at 3.1% CAGR over the next ten years.

"Rising investments in fiber optic network infrastructure worldwide will boost the market. B esides this, high penetration of connected devices will elevate demand." Says a Persistence Market Research analyst.

Who is Winning?Condux International Inc., Plumettaz S.A, Stanley, LANCIER CABLE GmbH, KNET, General Machine Products (KT) LLC, Fremco, Jakob thaler, Skyfiber Tech, and Anfkom are few of the leading cable blowing equipment manufacturers.

To increase their customer base, companies are introducing advanced machines in the market. They are also forming alliances and collaborations to increase sales.

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R ecent D evelopments:

In November 2021, Allama Makina, a Turkey-based fiber optic cable blowing machine manufacturer developed SkyJet. It is a cable blowing machine that is for sale in South Africa. The SkyJet allows fiber optic cables of 6 mm to 24 mm through pipes. The 2 engine blowing machine can put optical fiber cables up to 6000 meters.

In September 2022, Jetting AB partnered with Light Brigade-Hexatronic Group company.

In October 2022, Altice USA along with Vodafone group PLC created a joint venture called FibreCo . Under this joint venture, they will deploy fiber to the home to up to 7 million houses over a time duration of 6 years.

Get More Valuable Insights into Cable Blowing Equipment Market

Persistence Market Research, in its new offering, presents an unbiased analysis of the Cable Blowing Equipment Market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

The study reveals extensive growth in Cable Blowing Equipment Market based on Power Type (Hydraulically Powered, Pneumatically Powered, Electric-Driven and others) and Cable Type (Normal Duct and Micro Duct) across several regions.

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About the Semiconductor and Electronics Division at Persistence Market Research

Persistence Market Research's highly experienced semiconductor and electronics team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the technology business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help.

About Persistence Market Research:

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.

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Cable Blowing Equipment Market US$ 105.0 million 3.6% CAGR US$ 150.0 million 3 . 5 % Request A Free Sample - https://www.persistencemarketresearch.com/samples/33360 Key Takeaways from Cable Blowing Equipment Market Report: US$ 150.0 million 3.4% CAGR 3.5% CAGR US$ 43.41 million US$ 12.4 million 3.1% CAGR "Rising investments in fiber optic network infrastructure worldwide will boost the market. B esides this, high penetration of connected devices will elevate demand." Who is Winning? Buy Now - https://www.persistencemarketresearch.com/checkout/33360 R ecent D evelopments: In November 2021, Allama Makina . In September 2022, Jetting AB Light Brigade In October 2022 Altice USA Vodafone group PLC FibreCo . Under this joint venture, they will Get More Valuable Insights into Cable Blowing Equipment Market Explore PMR's Extensive Coverage on Semiconductor and Electronics Domain: Wearable Digital Walkie-Talkie Market Semiconductor Assembly and Testing Services (SATS) Market North America Ignition Interlock Devices Market Smart Mirror Market Asia Pacific Broadcasting Equipment Market About the Semiconductor and Electronics Division at Persistence Market Research About Persistence Market Research: Contact Rajendra Singh USA - Canada Toll-Free: 800-961-0353