Cable Blowing Equipment Market worth $133 million by 2027 - Exclusive Report by MarketsandMarkets™
CHICAGO , April 27, 2022 /PRNewswire/ -- According to the new research report, the "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", published by MarketsandMarkets™, the Cable Blowing Equipment Market is projected to grow from USD 105 million in 2022 to USD 133 million by 2027; it is expected to grow at a CAGR of 4.8% from 2022 to 2027. The key factors fueling the growth of the cable blowing equipment market include penetration of IoT-connected devices and resulting fiber infrastructure demand. Moreover, demand for better throughput and reliable connectivity to create abundant opportunities in market.
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The electric-driven segment is projected to grow at the highest CAGR in the cable blowing equipment market from 2022 to 2027.
With the help of electric cable blowing machines, a fiber cable can be blown easily through bends and longer distances. Additionally, accessories such as winches, capstans, and pull tapes are needed while deploying this equipment. Electric-Driven cable blowers offer greater safety to the workforce as the least force is applied to the fiber material. Moreover, the prime factor of their higher procurement rate as compared to other types is that they are the most cost-effective.
The normal cable segment of the cable blowing equipment market is expected to foresee moderate growth rate
The growth of cable blowing equipment is attributed to the rapid increase in their demand for fiber cable deployment with increased demand for high-rate bandwidth. Fiber-cabling system installations have exploded in popularity over the last decade, owing to the tremendous advantages this technology offers over traditional cabling.
Browse in-depth TOC on "Cable Blowing Equipment Market"
158 – Tables
61 – Figures
177 – Pages
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North America region is expected to hold the second-largest share in the market during the forecast period.
With the increasing penetration of telecommunication infrastructure in North America, the adoption of connected device with better connectivity is expected to increase, thereby driving the demand for cable blowing equipment in the region.
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).
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