The global cable-blowing equipment market size is expected to reach USD 153.11 million by 2030, according to a new study by Polaris Market Research. The report "Cable Blowing Equipment Market Share, Size, Trends, Industry Analysis Report, By Component (Software, and Services); By Power; By Cable Type; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The expansion of big data, artificial intelligence, and the internet of things has increased consumer demand for smart devices and other associated software. In the telecommunications sector, which is essential for bolstering urban infrastructure, related technologies are crucial for transferring, recording, and turning raw data into valuable information.
A high-speed fiber optic network that can move enormous amounts of data from one location to another is the foundation for such infrastructure expansion. Wireless communication systems transmit data from one end to another using the microwave radio band. The “National Electronics Policy” was released by the Indian government to develop domestic electronics manufacturing by 2025.
Fast transmission rates are necessary since the fiber-optic link between two data centers can be thousands of kilometers long. As a result, sending vast amounts of data across wide distances requires a lot of data capacity from these data centres, which leads to market growth. Plumettaz S.A. creates, manufactures, and distributes equipment for installing power and data lines and accouterments like oil circulation pumps for transformers. There are about 130 employees in the company. Plumettaz S.A. concentrates its networking and product development on cutting-edge technology innovations for internal and external optimization.
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The adoption of IoT-connected devices and the resulting demand for fiber infrastructure are key drivers of the growth of the cable-blowing equipment market. Additionally, it is projected that the industry will experience considerable potential due to the desire for higher throughput and reliable connectivity. The potential objectives of IoT are sometimes broken down into IoT use cases or justifications for IoT deployment. Examples include environmental monitoring, connected mining, smart city, and digital health applications that drive the market's growth over the projection period. Furthermore, IoT is also a key enabler of customer-facing innovation, data-driven optimization and automation, digital transformation, research and development, whole new applications, business models, and income streams across all industries.
Cable Blowing Equipment Market Report Highlights
Polaris Market Research has segmented the cable blowing equipment market report based on power, cable type, and region:
Cable Blowing Equipment, Power Outlook (Revenue - USD Million, 2018 - 2030)
Cable Blowing Equipment, Cable Type Outlook (Revenue - USD Million, 2018 - 2030)
Cable Blowing Equipment, Regional Outlook (Revenue - USD Million, 2018 - 2030)