In terms of type, the global cable assembly market can be segregated into discrete wire assemblies, fiber optic cable assemblies, RF cable assemblies, ribbon cable assemblies, custom cable assemblies, coaxial cable assemblies, and others. The custom cable assemblies segment dominated the global cable harness assembly market, as they help save space and reduce weight of cables. Moreover, custom cable assemblies saving of assembly time by eliminating cable ties and cable loops, while improving performance and safety. This helps propel the cable assembly market size.
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Analysis of the global cable assembly market trends reveal that, presently, various cable assembly manufacturers offer custom industrial cables and assemblies, such as rectangular cable assemblies, circular cable assemblies, and printed circuit board (PCB) assemblies, for automotive, industrial control and instrumentation systems, radio frequency (RF), personal computers (PCs) and local area network (LAN), audio/video (AV), and telecommunication applications.
Cable assemblies are widely used in mass production and can save time in assembling an entire machine or piece of equipment, especially when used repeatedly for each manufactured unit. They are also referred to as wiring looms or harnesses. Cable assemblies are integral to the production of diverse products, ranging from wearables to home electronics equipment. Various types of cable assemblies are key to interconnecting electronic equipment, components, and systems for optimum functionality owing to their reliability, durability, and all-around high quality. For instance, the use of coaxial cable assembly to connect computers to Ethernet connections, receivers to antennas, or the use of cable harness assembly in the automotive industry. Most cable assemblies are made of environment-friendly recyclable materials, and they have an extensive range of connectors and terminals. This helps control output, input, data, and electrical current in an efficient and effective manner.
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Rise in Demand for Cable Assemblies in Food & Beverage Industry
Production processes currently employed in the food and beverage industry are characterized by stringent hygiene regulations. When it comes to hygiene regulation, the most important part of hygiene are germs and impurities, which must not allowed to form and come into contact with foods. Moreover, in the food and beverage industry, highly corrosive cleaning agents and chemicals are used to clean and sanitize machines and equipment. Therefore, the cable assembly is extensively used owing to its ability to withstand mechanical stress, chemical stress, and thermal stress. Demand for cable assembly has increased in the food & beverage industry because cable assemblies are used in warming and heating equipment, slicers, mixers, etc.
Cable assemblies also help minimize downtime, increase productivity, ensure quality, and increase safety for employees. This is estimated to boosts the adoption of cable assemblies in the food and beverage industry and consequently drive the global cable assembly market during the forecast period.
Increased Use of Custom Cable Assembly in Electronic Devices to Drive Market
Custom cables assemblies need a metallic conductor to carry electrical load throughout the product’s lifetime. Heavy duty connectors are required in custom cables to withstand high humidity, high temperature, or electromagnetic interference (EMI), water, saltwater, particles, or vibration. The conductor in custom cable assemblies plays a vital role because the large power needed for electronic equipment requires a larger conductor to protect the cable and electronic devices from damage. This boosts the demand for custom cable assemblies.
Electronic appliances such as home theater systems need custom cable assemblies to ensure optimum performance because custom cable assemblies are manufactured to operate multiple function such as power, signal, and voltages, etc.
Small and large manufacturers are focused on the development of custom cable assemblies to cater to the demands of advanced electronic equipment and compact devices as well. Thus, increased use of custom cable assembly in compact electronic devices is projected to propel the global cable assembly market during the forecast period.
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Increased Usage of Copper Cable Assemblies Augmenting Automotive Segment of Market
In terms of end-use industry, the cable assembly market has been classified into automotive, IT and telecommunication, aerospace and defense, healthcare, industrial, and others. The automotive segment dominated the global cable assembly market owing to increased use of copper cable assemblies in motor vehicles such as gear boxes, door, side mirror, window, headlight, etc.
Use of RF cable assemblies and coaxial cable assemblies in infotainment systems, such as in-seat DVD players, global positioning systems, and Bluetooth connectivity, ensure systems work properly. However, low voltage differential signaling (LVDS) cable assemblies are also necessary for power in-car display units such as radio screens and backup cameras. All these factors boost the automotive segment of the cable assembly market.
