APAC to Register Robust Growth in Microduct Cable Market until 2025
Growing need to protect
underground fiber cables to drive the growth of global microduct cable market
According to
TechSci Research report, “Global Microduct
Cable Market By Installation Environment (Direct Buried, Duct/Direct
Install, Aerial, Indoor), By Type (Smoothwall, Corrugated, Ribbed), By Duct
Type (Thick Walled Ducts (TWD), Tight Protected Ducts (TPD)), By Diameter (Up
to 5mm, 5-10mm, 10-15mm, Above 15mm), By Material (PVC, HDPE, Nylon, Others), By
Application (Electrification, Transmission Network Development, Telecoms,
Automotive, Construction, Others), By Region, Forecast & Opportunities,
2025”, the global microduct cable market is expected
to grow at a steady rate during the forecast period on account of the increasing
safety regulations by the government and regulatory agencies. Additionally,
increasing use of microducts in bio-based flame retardants is further expected
to propel the market through 2025. Furthermore, advantages such as low cost,
ease of use, network growth on demand, among others associated with the
microducts are anticipated to spur the market during the forecast period.
However, challenges such as requirement of skilled experienced personnel,
avoiding digging in unmapped or unknown area or trenches or area containing
stones or rocks, among others faced during the installation of these microducts
especially direct buried ones might hamper the growth of market across the
globe.
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The global
microduct cable market is segmented based on installation environment, type,
duct type, diameter, material, application, company and region. Based on
installation environment, the market can be categorized into direct buried,
duct/direct install, aerial and indoor. The direct buried installation environment
segment is expected to dominate the market during forecast period since these
can be laid relatively quickly and do not require specialist fiber laying crews.
Additionally, these are available in low cost both in terms of time and
material. These are generally of heavier construction with thicker sheaths and
so can withstand higher impact and crush loads. Based on type, the market can
be fragmented into smoothwall, corrugated and ribbed. The ribbed segment is
expected to dominate the market since these can withstand typical pulling loads
and is highly resistant to crushing forces. Further, the unique design allows
for fast, easy installation of duct while providing a lower coefficient of
friction for fiber optic, power or copper cable placement. Based on duct type,
the market can be bifurcated into thick walled ducts (TWD) and tight protected
ducts (TPD). The thick walled ducts type segment is expected to hold a
significant market share owing to their low friction inner surface coating,
which provides best after installation performance. Based on diameter, the
market can be grouped into up to 5mm, 5-10mm, 10-15mm and above 15mm. The above
15mm segment is expected to dominate the market since they are suitable for
interconnection with inexpensive and convenient push fit connectors. Based on
material, the market can be grouped into PVC, HDPE, nylon and others. The HDPE
segment is expected to dominate the market during forecast period since
microduct requires a flexible, durable outer plastic material which can
withstand the internal air pressure.
Corning
Incorporated, General Cable Corp, Nexans S.A., Dura-Line Corp, Hexatronic
Scandinavia, Prysmian Group, Leoni AG, Fujikura Ltd., Emtelle, Hyesung Cable
& Communication Inc. and others are some of the leading players operating
in global microduct cable market. The companies operating in the market are
using organic strategies such as product launches, mergers and collaborations
to boost their share.
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“Asia-Pacific is expected
to witness significant growth in the microduct cable market during the forecast
period, owing to the booming construction industry in the region. Additionally,
growing consumer spending towards optimizing the fiber optic network especially
in countries like India and China is expected to propel the market until 2025.
Also, increasing investments by key players in the region is further
anticipated to spur the market over the next five years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Microduct Cable Market By Installation
Environment (Direct Buried, Duct/Direct Install, Aerial, Indoor), By Type
(Smoothwall, Corrugated, Ribbed), By Duct Type (Thick Walled Ducts (TWD), Tight
Protected Ducts (TPD)), By Diameter (Up to 5mm, 5-10mm, 10-15mm, Above 15mm), By
Material (PVC, HDPE, Nylon, Others), By Application (Electrification,
Transmission Network Development, Telecoms, Automotive, Construction, Others), By
Region, Forecast & Opportunities, 2025” has evaluated
the future growth potential of global microduct cable market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global microduct cable market.
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