Marine Cables and Connectors Have Been Playing a Vital Role in the Integration of Various Sub-Systems and Systems Across a Number of Industry Verticals
The global market for marine cables and connectors features a largely fragmented vendor landscape but only a handful of companies hold leading positions. In 2016, more than half of the market was held collectively by the leading ten companies in the market, says Transparency Market Research in a recent report. The intensity of competition is high and is likely to remain so owing to the presence of a large number of companies.
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