The global PROFINET cables market is estimated to grow at a significant CAGR during the forecast period. The key factor driving the growth of the global PROFINET cables market includes the rising demand for automation in industries such as automotive, aerospace and defense, and oil & gas. Additionally, the increasing need for high-speed data transmission is also driving the growth of this market. PROFINET cables are being used in various industries for the purpose of digital or analog signal transmission. The rising number of industrial robots will contribute to the growth of the market. These cables are employed in the robots for uninterrupted feedback data loop communication between the other parts of the robot and the control system.
PROFINET cables referred to as industrial Cat5 or two-pair Cat5, are the industrial use cables often employed for the cabling of industrial Fieldbus systems. There are various applications of these cables including to drive technologies such as transport and conveyors and machine tool manufacturing. There are four types of PROFINET cables including type A, type B, type C, and type R. The type A cables are for fixed installments, type B cables are for flexible installments, type C cables are employed for specialized applications such as rotary machines, and type R cables are employed for robot applications.
The key players contributing to the growth of the global PROFINET cables market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships, and agreements, include Belden, Siemens, LEONI, Lapp Group, SAB Brckskes, Helukabel, Phoenix Contact, HARTING Technology, Nexans, Igus, ABB, Eland Cables, Quabbin Wire & Cable, JMACS, TPC Wire & Cable, Premier Cable, among others. For instance, in July 2021, Igus offered a new chain flex PROFINET cable for the fast cable harnessing in the field which allows the cable to strip in few seconds.
Market Coverage
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global PROFINET Cables Market -segmentation
By End-User
Global PROFINET Cables Market –segmentation by region
North America
Europe
Asia-Pacific
Rest of the World
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