Dublin, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The "Global Cable Blowing Equipment Market by Power (Drill-Driven, Electric-Driven, Hydraulically Powered), Cable Type (Micro-Duct, Normal Duct) - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Cable Blowing Equipment Market size was estimated at USD 240.99 million in 2022, USD 265.08 million in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.47% to reach USD 534.70 million by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Cable Blowing Equipment Market.
The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic.
Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global Cable Blowing Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:
- Based on Power, the market is studied across Drill-Driven, Electric-Driven, Hydraulically Powered, and Pneumatically Powered. The Pneumatically Powered is projected to witness significant market share during forecast period.
- Based on Cable Type, the market is studied across Micro-Duct and Normal Duct. The Normal Duct is projected to witness significant market share during forecast period.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Americas commanded largest market share of 38.74% in 2022, followed by Europe, Middle East & Africa.
Market Dynamics
Drivers
- Rise in demand for throughput and reliable connectivity
- Increase in demand cable installation tools due to emergence of 5G
- Expansion of telecommunication infrastructure worldwide
Restraints
- High cost of installation and lack of skilled workforce
Opportunities
- Increasing penetration of FTTH/FTTB
- Government funding projects to improve connectivity in rural locations
Challenges
- Environmental issues causing delays in fiber optic deployments
Companies Mentioned
- Adishwar Tele Networks
- Anfkom Telecom
- Condux International, Inc.
- Fremco A/S
- Gabe's Construction Company, Inc.
- General Machine Products (KT), LLC
- Genius Engineers
- Jakob Thaler GmbH
- JETTING AB
- Lancier Cable GmbH
- Plumettaz S.A.
- Prayaag Technologies
- Skyfiber TECG
- Stanlay
- Upcom Telekomunikasyon
For more information about this report visit https://www.researchandmarkets.com/r/hpqult
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