Global Cable Assembly Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific.

Los Angeles, CA -- (SBWire) -- 12/03/2019 --The global Cable Assembly market is projected to benefit from surge in the number of electric vehicles. Cable Assemblies are designed for specific environmental factors and are available in different shapes and sizes. They keep the interior cables and wires safe from heat, moisture, abrasion, friction, compression, and various other extreme circumstances. Manufacturers are manufacturing high quality cable assemblies to meet the end product needs while keeping costs low.

The Cable Assembly market has been undergoing a number of product innovations. One such instance is SFP56/QSFP56 Pluggable I/O Cable Assemblies by TE Connectivity. These cable assemblies are well suited for use in switches, routers, wireless base stations, servers, and network interface.

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Market participants to launch high-speed cable assemblies

Some of the major companies operating in the Cable Assembly market are TE Connectivity Ltd., Amphenol DC Electronics (ADCE), Fischer Connectors SA, Samtec, Inc., Jae Electronics, Inc., Koch Industries, Inc. (Molex), Yazaki Corporation, W.L. Gore and Associates, Foxconn (FIT), Luxshare Precision Industry Co., Ltd., Epec, LLC, and Delphi Connection Systems.

Market Segmentation

By Type

? Custom/Application Specific Assemblies

? Rectangular Assemblies

? Radio Frequency (RF) Assemblies

? Circular Assemblies

By Application

? Automotive

? Telecom

? Industrial

? Medical

The market analysts predict that demand for custom/application specific assemblies may witness a surge in the near future as they offer better accuracy, flexibility, and accountability and have multiple functions such as power, optical fiber, signal, video, coax, and cable shielding.

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Surge in the demand among end-user industries to boost the market growth

Increasing demand for Cable Assemblies in a wide range of industries such as military, medical, automotive, and industrial is a key factor supporting the Cable Assembly market growth. Increased popularity of fiber optics is also having a positive impact on the Cable Assembly market growth

By Region

Presence of major automotive OEMs in China and India may support the Cable Assembly market growth in Asia Pacific to a great extent. In addition, increasing investment in the telecommunication network infrastructure is having a positive impact on the regional market growth. The regional analysis will give a clear cut understanding to the readers regarding the current and future situations of the global Cable Assembly market.