Global Cleanroom Cable Market – Size, Projections, Drivers, Trends, Vendors, and Analysis Through 2021 by Technavio

LONDON–(BUSINESS WIRE)–#Energy–The global
cleanroom cable market is projected to grow to USD 487.72
million by 2021, at a CAGR of more than 5% over the forecast period,
according to Technavio’s latest report.

In this report, Technavio
covers the market outlook and growth prospects of the global
cleanroom cable market for 2017-2021. Based on the end-users,
the market is divided into medical and semiconductor industry segments.

Technavio’s research study segments the global cleanroom cable market
into the following regions:

• APAC
• Americas
• EMEA

Cleanroom cable market in APAC

“APAC is the largest and fastest-growing sector of the cleanroom
cable market, due to the prominence of the electronics and semiconductor
industries and the rise in investments in the pharmaceutical industry in
the region,” says Neelesh Prakash Singh, a lead analyst at
Technavio for power
research.

The presence of many flat-panel display manufacturers in the region also
creates an excellent opportunity for cleanroom cable vendors. China,
Japan, Taiwan, South Korea, and India are the leading countries in the
regional cleanroom cable market. Further, the increase in fab equipment
spending will drive the market for cleanroom cables in the region.

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Cleanroom cable market in the Americas

The cleanroom cable market in the Americas is expected to amount to USD
96.02 million by 2017 and continue to display a moderate growth over the
forecast period. The US and Canada are the key markets for cleanroom
cables in the Americas, due to the thriving biopharmaceutical and
pharmaceutical research industry in the region. The attractive
government policies and for ease of transportation to other potential
markets also adds a significant boost to the market growth.

Cleanroom cable market in EMEA

“EMEA is characterized by the presence of a sizeable
pharmaceuticals industry that generates a significant portion of the
revenue for the cleanroom cables market in the region. European
countries lead the revenue generation for the market in the region,” says
Neelesh.

The pharmaceutical industry plays a vital role in the European trade
balance in the research, high-technology, and development-oriented
sectors as its largest contributor. However, the shift of manufacturing
and research centers to developing countries such as India and China is
expected to slow down the growth of the market in the region.

The top vendors in the global cleanroom cable market highlighted in the
report are:

• Alpha Wire
• igus
• LEONI
• SAB Bröckskes

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Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
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and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

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