Direct Attach Cable Market Study including Growth Factors, Types and Application by regions from 2022 to 2025
The Direct Attach Cable Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.
Market Insights
The global direct attach cable market size is projected to touch USD 13.3 billion by the end of 2025, as per the report released by Million Insights. It is projected to ascend with a CAGR of 36.4% from 2018 to 2025. The rising preference for direct attach cables for the purpose of data storage is predicted to fuel the product demand over the estimated period. Growing spending by producers in highly efficient pluggable products is anticipated to propel the demand for DAC and fiber optics. Moreover, optical fibers act as a crucial transmission medium between HPC and data centers to enable stability and flexibility in data transmission. The cables preferred for interconnect applications and short-range data transmission.
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The growing penetration
of internet is encouraging manufacturers to spend in R&D in order to
introduce advanced products for data transmission. The manufacturing of optical
fibers is an expensive and cumbersome process, researchers are emphasizing on
the development of reliable products, while keeping the overall cost product
low.
Increasing application
of active optical fibers in consumer electronics and digital signage is
anticipated to accelerate the growth of direct attach cable market over the
estimated duration. Active HDMI fiber optics are widely preferred over copper
cables in various consumer electronics such as 4K TVs owing to their higher
bandwidth than copper cables.
The high risk of
replacement of optical and copper cables is poised by wireless broadband, which
is predicted to restrain the market growth in the upcoming years. Wireless
networking provides internet facilities to the rural population. Moreover, a
less cost of investment and technological enhancement resulting in excellent
internet speed are few other factors promoting wireless broadband demand.
Wireless broadband satisfies the need of businesses more efficiently than
copper or optical owing to low installation charges, higher stability, and
enhanced reliability.
The key players are
focusing on expanding their product array through innovative offers. For
example, Nexans in 2018, introduced the addition of direct attach cables and
active fiber optics to its data center product offering. These cables can improve
the product portfolio of the data center and can offer reliable,
cost-effective, and effective performance solutions.
Leading Players
Analysis covered in these report
• Sumitomo Electric Industries
• Methode Electronics
• Arista Networks
• TE Connectivity Ltd
• Hitachi
• FCI Electronics
• Emcore Corporation
• Cisco Systems and many others
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On the basis of region,
the market is segregated into Europe, North America, Middle East & Africa,
Asia Pacific, and South America. North America is projected to lead the market
in the coming years, owing to surging demand for high-speed internet in high-performing
computing centers along with the steady growth of data centers.
Asia Pacific regional
market is predicted to foresee considerable growth from 2018 to 2025, owing to
increasing demand for improvements and growing expansion of data centers in
nations such as Japan, China, and India. Europe is anticipated to ascend at a
steady rate over the estimated period due to the rising need for bandwidth in
economies such as Germany and the U.K.
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