Cables, connectors: A rising market demand

With great and powerful machines come the need for robust cables and connectors. These electrical wires like USB 3.0 and USB Type-C cables, CAT5e, CAT8 and more transmit data, signal and power. Plugs and jack connectors are capable of linking different electronic devices.

The market for cables and connectors is expected to reach a 5.94 percent CAGR for 2020 to 2025, according to a Modern Intelligence article. Because of the 9 percent increase in broadband subscriptions for the past five years, this sector influences the growth of the cable connector market. Wi-Fi-, RF- and Bluetooth-enabled devices will need these cables. The Internet of Things (IoT) also plays a big influence on the market growth. Demand for cable connectors arises due to the need for "high-performance and secure data connectivity and transmission."

Moreover, the cable communication market forecast on the Asia-Pacific region is high, thanks to its advancement of energy and technology. Data center services in this region such that in Japan and Indonesia increase the demand for cable connectors. Furthermore, Google plans to open a data center in China.

With the demand for cables, cable assemblies and connectors soaring high, various advancements and trends on cables have emerged as well:

Output capacity: Several HDMI cables now support 8k videos at 60Hz resolution, enabling consumers to enjoy a crisp and clear viewing experience. Hubs with multiple ports has been an ongoing trend. 4-in-1, 9-in-1 and even 11-in-1 devices allow different connections including ports for SD cards, USB-C, USB 3.0, TF cards, HDMI and more. Speed is also an improvement as newer cables can support up to 10.2Gbps of transmission speed.

Safety, durability and strength: With cables being susceptible to wear and tear overtime, these devices have been upgraded by manufacturers. Fire-resistant cables with insulation are being produced. For mobile phone cords, braided cables and those that are made of the zinc alloy have greater resistance.

Connector cables: Apple is known for killing ports both in their iPhone and Mac lineups. This controversial move has paved way to the popularity of mobile and computer adapters. The increased consumer need for audio jack adapters, USB-C adapters and connectors contributes to the growing demand for these cables.

Telecommunication: Cables are sought-after, especially in the telecommunications industry, per Technavio's market research report. "Advanced connectors are essential to maintain the speed of the networks to balance the speed of the 4G and 5G networks. These factors will upsurge the demand for the adoption of new connectors in the telecom industry." The surge of internet traffic and worldwide connectivity contributes to the expected revenue of US$ 68 billion by 2021. Cables, cable assemblies and connectors used for mobile phones, laptops and computers will be in demand for consumers.

As the wires and cables market flourish, buyers can source cable supplies from Verified Suppliers on Global Sources. Below are selected cables that represent the current market trends, all ready for sourcing: