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Pharmacy benefit management market
Cable Blowing Machine Market Report Overview
The global cable blowing machine market size was USD 30 million in 2022 and is projected to touch USD 42.5 million by 2031, exhibiting a CAGR of 3.8% during the forecast period.
A cable blowing machine which is also commonly known as a fiber blowing machine, is a machine that is made especially, to fit fiber optic cables into telecommunication ducts and micro ducts with the use of compressed air or water. A cable blowing machine broadly consists of two parts, a head that ensures firm fit of the duct through which the cable would be blown and a medium that is either air or water, will be supplied to the duct. There is a sealing mechanism which prevents the medium from entering the machine once the cable is placed into the duct via the head. Second part of the machine is a belt conveyor that pushes the cable towards the head. To force the delicate fiber cable through a micro duct, cable blowing machine uses high-volume airflow of 200+ cfm and 100+ psi backpressure.
Long-distance networks are usually installed using high-speed cable blowing machines. In comparison with the previous pulling techniques, this blowing machine or tool makes the process quite simple to twist and angulate fiber wires properly. The fiber cable blowing equipment or machinery is actually more ideal for laying down modern fiber optic cables that have sensitive fibers and nano cladding sizes. It provides increased micro-duct flexibility and helps with minimal bend losses in micro twists.
COVID-19 Impact: Disturbance in Supply Chains Results to Market Derailment
The global COVID-19 pandemic has been unprecedented and staggering, with the cable blowing machine market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
As coronavirus upsurged and caused commotion all over the masses, various market and businesses sectors had to face severe complications. All the basic and fundamental economic activities had to be stopped. To save expenditure, workers were forcefully removed from their jobs and work positions. Machinery and equipment industry being one of those market sectors that had to face the terrible consequences of the coronavirus resurgence. Moreover, as lockdowns were imposed the transportation processes were severely disrupted, resulting in derailed cable blowing machine market growth.
But, once the conditions grew better, cable blowing machine market started restoring the balance, credits to the growing population and demand of the product leading to increased product sales.
LATEST TRENDS
"Rise in Demand for Product Elevates Market Economy"
The cable blowing machine market, presently, is expected to touch USD 38 million by 2028. And it grows a respectable CAGR of 3.8% during the review period 2022-28. It is expected that with right marketing strategies and strong funding, cable blowing machine market will likely to gain more success. Furthermore, in this era of internet where more and more regions are getting interconnected will each other, chances of public awareness of the product increases significantly. Also, with the incorporation of modern technology, this market is expected to produce even better products and yield extraordinary results, leading to enhanced market advancement.
Cable Blowing Machine Market Segmentation
- By Type
The market categorizes into Hydraulically Powered, Pneumatically Powered and Others.
In terms of product type, Hydraulically Powered is the largest segment, with a share over 45%.
- By Application
The market categorizes into Backbone Networks and FTTx.
And in terms of application, the largest application is FTTx, followed by Backbone Networks.
DRIVING FACTORS
"Increase in Expansion of Fiber Network Connection to Fuel Market Growth"
One of the key factors that fuels the growth of the cable blowing machine market is the increasing expansion of fiber network connection worldwide which is expected to increase the demand for cable installation service equipment like cable blowing machines. Moreover, with the technological advancement this market is expected to grow even more.
"Increase in Expansion of Telecommunication Infrastructure to Propel Market Development"
Another major factor for the growth of market is the rising expansion of telecommunication infrastructure in developing countries which is anticipated to significantly contribute for the development of the cable blowing machine market and increase the product rates.
RESTRAINING FACTORS
"High cost of installation and lack of skilled workforce to Hamper Market Growth"
The major obstruction for the key industry players is the shortage of required technical and skilled workforce for operating various varieties of the equipment. Furthermore, the installation as well as servicing tools is quite high resulting in retardation of market growth. High installation rate makes this equipment quite difficult to be affordable by small companies. For an instance, a simple deployment of a FTTP network can cost more than 50 USD million which is quite hard to afford by companies having limited capital and strict budget.
Cable Blowing Machine Market Regional Insights
"Europe to Lead the Market Owing to High Production Rate"
Europe is the largest cable blowing machine market having a market share over 40%, narrowly followed by Asia-Pacific, and North America, both having a share about 50%. It is due the fact that this region supports the presence of a large number of production units, leading to high manufacturing rates. Furthermore, Europe has excellent connections with the rest of the world and an amazing transportation network which results is enhanced market expansion. Above it all, this region supports strong and steady working population that is capable for performing various activities in market sector.
KEY INDUSTRY PLAYERS
"Key Market Faces to Focus on Market Development"
The key market players are anticipated to focus on the holistic development of the market. All the prime market faces are planning to converge their resources into improving the product quality and expanding the network parameters so that the product can be exported to a wider range of area. Furthermore, with the aid of high-tech resources and knowledge advanced product can be produced or created that are up to date with the changing trends. With the advancement of product, market can gain upper hand on the regional as well as global markets. The most famous key market players include Plumett, Fremco A / S, Klein Tools, etc and the global top three manufacturers hold a market share over 50%.
List of Market Players Profiled
- Plumett (Switzerland)
- Fremco A / S (Denmark)
- Klein Tools (United States of America)
- Allame Makina (Turkey)
- LANCIER CABLE GmbH (Germany)
- Condux International (United States of America)
- Asian Contec Ltd (India)
- Prayaag Technologies (India)
- Genius Engineers (India)
REPORT COVERAGE
This report studies and effectively presents all the essential market features of the cable blowing machine market to its readers during the forecast period of 2022-28. This crucially covers topics such as current market trends, consumer behavior, industry relations, tactics, industrial patterns, opportunities, risks, etc. Extensive study has been highlighted by this report regarding the market segmentation of the market on the basis of type, application and region. The overall objective of this market research report is to brief each and every important aspect of the market and help market players, stakeholders, market partners to gain a wider and clearer insight of the respective market.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 30 Million in 2022 |
Market Size Value By |
US$ 42.5 Million by 2031 |
Growth Rate |
CAGR of 3.8% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the cable blowing machine market expected to touch by 2031?
The global cable blowing machine market is expected to touch USD 42.5 million by 2031.
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What CAGR is the cable blowing machine market expected to exhibit by 2031?
The CAGR of the cable blowing machine market is expected to be 3.8% by 2031.
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Which are the driving factors of the cable blowing machine market?
Increase in expansion of fiber network connection and increase in expansion of telecommunication infrastructure are the driving factors of the cable blowing machine market.
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Which are the top companies operating in the cable blowing machine market?
Plumett, Fremco A / S, Klein Tools, Allame Makina, LANCIER CABLE GmbH, Condux International, Asian Contec Ltd, Prayaag Technologiesa and Genius Engineers are the top companies operating in the cable blowing machine market