• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Expanded Beam Cable Market

    ID: MRFR/SEM/9468-CR
    110 Pages
    Aarti Dhapte
    October 2022

    Expanded Beam Cable Market Research Report Information By Lens Size (0.8 mm, 1.25 mm, 2.0 mm, 2.5 mm, 3.0 mm, Other), By Technology (Single Mode, Multi-Mode, Hybrid), By Connector Type (Single Channel Expanded Beam Connector, Multi-Channel Beam Connector), By Single vs Multi-Channel Connector (Rack & Panel, Panel Mount Connectors, In-Line Circular, Quick-Disconnect, Other), By Application (Military Communications, Oil & Gas, Medical, Robotics, Energy & Power, Marine Operation, Military/Aerospace) and Region- Industry Forecast Til...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Expanded Beam Cable Market Infographic
    Purchase Options

    Expanded Beam Cable Market Summary

    As per Market Research Future Analysis, the global expanded beam cable market is projected to grow significantly, driven by increasing demand in mission-critical applications. The market is expected to reach USD 6,357.7 million by 2030, with a CAGR of 23.7% from 2022 to 2030. The market is segmented by lens size, technology, connector type, single vs multi-channel connector, application, and region. Key applications include military communications, oil & gas, medical, and robotics. However, high manufacturing and implementation costs pose challenges to market growth. The COVID-19 pandemic disrupted supply chains and production, impacting market dynamics. Opportunities exist in new applications through expanded beam optical technology, particularly in IoT and 5G networks.

    Key Market Trends & Highlights

    The expanded beam cable market is characterized by rapid growth and evolving applications.

    • Market size expected to reach USD 6,357.7 million by 2030.
    • CAGR of 23.7% during the forecast period 2022-2030.
    • North America accounted for the largest market share in 2021.
    • High manufacturing costs are a significant market restraint.

    Market Size & Forecast

    Market Size in 2021 USD XXX million
    Forecasted Market Size by 2030 USD 6,357.7 million
    CAGR from 2022 to 2030 23.7%

    Major Players

    Optical Cable Corporation, TE CONNECTIVITY LTD., Harting Technology Group, Smiths Interconnects, Neutrik, Tech Optics, X-Beam Tech, Warren & Brown Networks, Radiall, Bel Fuse Inc., 3M Company, Sumitomo Electric Industries Ltd., Amphenol Corporation.

    Expanded Beam Cable Market Drivers

    Market Growth Projections

    The Global Expanded Beam Cable Market Industry is poised for substantial growth, with projections indicating a market value of 2.27 USD Billion in 2024 and an anticipated increase to 18.4 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 20.95% from 2025 to 2035. Such figures underscore the increasing reliance on advanced connectivity solutions across various sectors, including telecommunications, military, and data centers. The market's expansion is likely driven by technological advancements, rising demand for high-speed data transmission, and the growing adoption of expanded beam cables in emerging markets.

    Growing Adoption in Military Applications

    The Global Expanded Beam Cable Market Industry sees a notable increase in the adoption of expanded beam cables within military applications. These cables offer superior performance in challenging environments, making them ideal for defense communication systems. The military's need for reliable and secure data transmission drives the demand for advanced connectivity solutions. As defense budgets expand globally, investments in modern communication infrastructure are likely to rise, further propelling the market. The unique properties of expanded beam cables, such as resistance to dust and moisture, position them as a preferred choice for military applications, indicating a promising growth trajectory.

    Technological Advancements in Fiber Optics

    Technological advancements in fiber optics significantly influence the Global Expanded Beam Cable Market Industry. Innovations such as improved manufacturing techniques and enhanced materials contribute to the performance and durability of expanded beam cables. These advancements enable the production of cables that can withstand harsh environmental conditions, making them suitable for various applications, including military and aerospace. As technology evolves, the demand for high-performance cables is likely to increase, further driving market growth. The industry's trajectory suggests a strong alignment with future technological developments, potentially leading to increased adoption rates across multiple sectors.

    Expansion of Data Centers and Cloud Services

    The expansion of data centers and cloud services plays a crucial role in shaping the Global Expanded Beam Cable Market Industry. As organizations increasingly migrate to cloud-based solutions, the demand for high-capacity and efficient data transmission systems rises. Expanded beam cables, with their ability to support high data rates and long-distance transmission, are well-suited for data center applications. The global trend towards digital transformation and the growing reliance on cloud services suggest a sustained demand for these cables. This sector's growth is likely to contribute significantly to the overall market expansion, aligning with the projected increase in market value.

    Rising Demand for High-Speed Data Transmission

    The Global Expanded Beam Cable Market Industry experiences a surge in demand for high-speed data transmission solutions. As industries increasingly rely on data-intensive applications, the need for efficient and reliable connectivity becomes paramount. Expanded beam cables, known for their ability to minimize signal loss and enhance bandwidth, are becoming essential in sectors such as telecommunications and data centers. This trend is reflected in the projected market growth, with the industry expected to reach 2.27 USD Billion in 2024 and potentially expand to 18.4 USD Billion by 2035, indicating a robust CAGR of 20.95% from 2025 to 2035.

    Emerging Markets and Infrastructure Development

    Emerging markets and ongoing infrastructure development significantly impact the Global Expanded Beam Cable Market Industry. Countries investing in telecommunications and broadband infrastructure are likely to drive demand for advanced connectivity solutions. As urbanization accelerates and internet penetration increases, the need for reliable and high-speed data transmission becomes critical. Expanded beam cables, known for their efficiency and performance, are expected to play a vital role in these developments. The potential for growth in emerging markets presents opportunities for manufacturers and suppliers, suggesting a favorable environment for the expansion of the industry.

    Key Companies in the Expanded Beam Cable Market market include

    Industry Developments

    • In November 2021, Tech Optics had invested 18 million USD in a new manufacturing plant for microducts in the south-east USA, via the wholly owned subsidiary Blue Diamond Industries.
    • In February 2021, Smith Group had acquired Royal metal products the acquisition helped the company to expand into the pathogen detection market in the US.
    • In January 2021, Bel Fuse Inc had acquired RMS connectors. With this acquisition, Bel Fuse Inc aims to expand its offering of Mil-Spec qualified connectors, including the addition of the MIL-DTL-83723 Series III connector family.

    Future Outlook

    Expanded Beam Cable Market Future Outlook

    The Expanded Beam Cable Market is projected to grow at a 20.95% CAGR from 2024 to 2035, driven by increasing demand for high-speed data transmission and advancements in fiber optic technology.

    New opportunities lie in:

    • Develop innovative lightweight expanded beam cables for aerospace applications.
    • Expand product lines to include ruggedized cables for military use.
    • Leverage IoT integration to enhance cable performance monitoring solutions.

    By 2035, the Expanded Beam Cable Market is expected to achieve substantial growth, positioning itself as a leader in high-performance connectivity solutions.

    Market Segmentation

    Expanded Beam Cable Lens Size Outlook

    • 8 mm
    • 25 mm
    • 0 mm
    • 5 mm
    • Others

    Expanded Beam Cable Technology Outlook

    • Single Mode
    • Multi-Mode
    • Hybrid

    Expanded Beam Cable Application Outlook

    • Military Communications
    • Oil & Gas
    • Medical
    • Robotics
    • Energy & Power
    • Broadcast Systems
    • Manufacturing & Industrial
    • Geophysical Exploration
    • Marine Operations
    • Military/ Aerospace Commercial aerospace Space flight
    • Commercial aerospace
    • Space flight
    • Others

    Expanded Beam Cable Connector Type Outlook

    • Single Channel Expanded Beam Connector
    • Multi-Channel Beam Connector

    Expanded Beam Cable Single vs Multi-Channel Connector Outlook

    • Rack & Panel
    • Panel Mount Connectors
    • In-Line Circular
    • Quick-Disconnect
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2030 USD 6,357.7 Million
    CAGR 23.7% (2022–2030)
    Base Year 2021
    Forecast Period 2022–2030
    Historical Data 2020
    Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Lens size, Technology, Connector Type, Single vs Multi-Channel Connector, Application
    Geographies Covered North America, Europe, Asia-Pacific, Middle East & Africa, and South America
    Key Vendors TE CONNECTIVITY LTD., Harting Technology Group, Smiths Interconnects (Smith Group Plc), Neutrik, Tech Optics, X-Beam Tech, Warren & Brown Networks, Radiall, Bel Fuse Inc., Foss Fiberoptics, 3M Company, Sumitomo Electric Industries Ltd., Molex LLC, Amphenol Corporation, Glenair, ODU GmbH & Co. KG, COTSWORKS, INC., and STRAN Technologies.
    Key Market Opportunities Growing potential for new applications through expanded beam optical. Increasing need for expanded beam connectors in harsh condition applications
    Key Market Drivers Increasing demand in mission-critical applications. Growing benefits of expanded beam connectors Expanded beam fiber optic connectors for medical devices

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    FAQs

    What is the CAGR of the expanded beam cable market in the upcoming period?

    A 23.7% CAGR is expected to transform the market

    Who are the contenders in the market for expanded beam cable?

    The major contenders in the global market are TE Connectivity LTD. (Switzerland), Optical Cable Corporation (US), 3M Company (US), Amphenol FSI (US), and Bel Fuse Inc. (US)

    Which region is a major driver in the expanded beam cable market?

    North America regional market is projected to be the major driver of the market.

    What segments are utilized for better understanding the expanded beam cable market?

    The segments in the market are Lens Size, Technology, Connector Type, Single vs Multi-Channel Connector, And Application.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials