Cable Blowing Equipment Industry worth $136 million by 2028
The report "Cable Blowing Equipment Market by Power Type (Hydraulically Powered, Pneumatically Powered, Electric, Drill-driven), Cable Type (Microduct, Normal Cable) and Region (North America, Europe, Asia Pacific & RoW) - Global Forecast to 2028" The cable blowing equipment industry size is projected to grow from USD 108 million in 2023 and is estimated to reach USD 136 million by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2028.
The growth of the cable blowing equipment industry is driven by expansion of fiber optic networks to connect data centers, upgrading aging cable networks with fiber optics networks, increasing penetration of FTTH/FTTB networks, emergence and rapid adoption of 5G technology, and expansion of telecommunications infrastructure in emerging economies.
Browse 172 market data Tables and 56 Figures spread through 209 Pages and in-depth TOC on "Cable Blowing Equipment Market by Power Type (Hydraulically Powered, Pneumatically Powered, Electric, Drill-driven), Cable Type (Microduct, Normal Cable) and Region (North America, Europe, Asia Pacific & RoW) - Global Forecast to 2028"
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Cable Blowing Equipment Industry Segmentation
By Power Type, Cable Blowing Equipment Industry for Electric is projected to grow at high CAGR during the forecast period.
The electric segment is positioned for robust growth over the forecast period. The rising emphasis on sustainable and eco-friendly solutions has fueled the demand for electric-powered equipment. Electric cable blowing systems offer a cleaner and more energy-efficient alternative, aligning with global initiatives toward environmental responsibility. As industries prioritize green technologies, the electric segment is expected to experience a surge in demand, propelling its growth at a high rate. The versatility, precision, and reduced environmental impact of electric cable blowing equipment position it as a frontrunner in the market, attracting industries keen on adopting modern, sustainable cable installation solutions.
By Segment, Cable Blowing Equipment Industry for Microduct is projected to grow at high CAGR during the forecast period.
The microduct segment is expected to grow at a high CAGR in the cable-blowing equipment market during the forecast period. Microducts provide a space-efficient solution for deploying and upgrading fiber optic networks, facilitating the transmission of large volumes of data at high speeds. The global push towards fiber optic network deployments, especially in urban areas and metropolitan regions, is a key driver for the Microduct segment. Favorable government initiatives supporting the deployment of fiber optic networks across developing economies are expected to support segmental growth. For instance, in February 2022, the Department of Telecommunications (DoT), Government of India, announced its ambitious plan to fiberize 6 lakh villages by 2025. This deployment of fiber optic networks will increase the adoption of cable blowing equipment for micro duct fiber installations. The expansion of fiber optic networks across developing economies is expected to fuel the segment growth over the forecast timeframe.
Regional Analysis of Cable Blowing Equipment Industry
By Region, Cable Blowing Equipment Industry for Noth America is poised for significant growth by 2028.
The North American cable blowing equipment industry is poised for significant growth in the upcoming years. The growth is driven by factors such as new fiber cable laying projects being planned in this region owing to the increasing bandwidth requirements, the emergence of 5G technology, increased OTT content consumption, and the growing demand for low-latency communication. As such, companies are investing in the region to upgrade existing networks, especially OTT providers, who continue to focus on building new infrastructure. Also, the region is a major hub for technological innovations and an early adopter of new technologies. Factors such as the robust presence of major companies, high demand for data communications, increased use of communication devices, and increasing deployment of data centers are driving the growth of the cable blowing equipment industry in this region.
Cable Blowing Equipment Industry - Key Players
Key companies operating in the cable blowing equipment industry are Plumettaz S.A. (Switzerland), Condux International, Inc. (US), CBS Products (KT), Ltd. (UK), Fremco (Denmark), LANCIER CABLE GmbH (Germany), SKYFIBERTECH (Turkey), Jakob Thaler GmbH (Germany), NINGBO MARSHINE POWER TECHNOLOGY CO., LTD. (China), Upcom Telekomunikasyon (Turkey), and Adishwar Tele Networks (India).
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