September 08, 2022
According to a recent research report titled ‘Global Network Cable Tester Market Size study, By Product Type (Network Cable Signal Testers, Network Cable Continuity Testers, Optical Network Cable Testers), By Test Functions (Network Cable Certification Tests, Network Cable Qualification Tests, Network Cable Verification Tests), and Regional Forecasts 2022-2028’ available with MarketStudyReport, global network cable tester market is anticipated to register significant growth rate over 2022-2028.
The rising power services sector, soaring network infrastructure worldwide, and strategic initiatives from leading players are some of the major factors that are accelerating global network cable tester market growth.
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For those unversed, a network cable tester is a tool used to evaluate the connectivity and strength of a certain kind of cable and other wired assemblies. A cable tester transmits voltage between two cable ends. It determines whether the cable is continuous and flags any misaligned wires.
Additionally, rising technological improvements in the cable and network business and surging defense spending globally will catalyze market demand throughout the projection period.
However, a lack of awareness of tester applications and high costs associated with cable testers will hamper the market growth over the forecast period of 2022-2028.
Worldwide network cable tester marketplace is segmented into product type, and test functions. Based on product type, the market is divided into network cable signal testers, optical network cable testers, and network cable continuity testers.
In terms of test functions, this business space is bifurcated into network cable qualification tests, network cable certification tests, and network cable verification tests.
Further, the regional terrain of the industry vertical spans across Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Among these, Asia Pacific market stands tall in terms of revenue potential over the analysis period, due to growing power service sector as well as rising industrialization & urbanization.
Meanwhile, North America industry is estimated to exhibit a significant growth rate during the analysis period, due to the presence of leading market players in the region along with growing investments in network infrastructure.
The major players involved in global network cable tester industry are Advanced Fiber Solutions, axGear, TeKit Solutions, Ologymart, NetScout Systems, 10Gtek Transceivers Co., Sun Generic Cables Pvt Ltd., Fluke Networks, and Atcom Inc.