Cable assembly projects are used to ensure that high tech applications can work smoothly and safely. There are many benefits to a business having a cable assembly – such as saving time and improving quality and safety – and therefore it is no surprise to see that The Global Cable Assembly Market is expected to grow by $72 bn during 2023-2027 at a CAGR of 6.53%.
The report from ReportLinker offers “an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for EVs, rising investments for upgrading telecommunication infrastructure, and increased popularity of fiber optics.”
While it is only a forecast, and one which depends on many different factors, it can only be positive for cable assembly manufactures to see the industry growing. They work across many different industry sectors and have a wealth of knowledge and experience.
Where are cable assemblies used?
Cable assemblies ensure that the movement of individual components is made easier and there is less risk of damaging cables and spending money on costly repairs. Work in this area is carried out throughout many different industries including:
The automotive industry makes extensive use of cable assemblies, and the growing electric vehicle market only emphasises the need for this manufacturing process. Electric car sales have been growing strongly and there are now over 680,000 battery-electric cars on UK roads, plus a further 455,000 plug-in hybrids. This bodes well for cable assembly companies who will be hoping the market continues to expand.
Telecommunication systems can include anywhere from tens to thousands of cables, all of which must be well organised to save space and ensure functionality. Cables for modems, routers, and similar communication equipment will be assembled by highly skilled manufacturers.
Cable assembly companies produce cable assemblies for a wide range of applications within the aerospace industry. Equipment such as aircraft engines and data satellites often includes dense bundles of electrical and communication cables.
Within hospitals, doctors and nurses must be able to quickly establish reliable connections. In many cases, this is a matter of life and death, and therefore the high tech equipment they use has to be operating effectively all of the time. The use of cable assemblies helps provide power for such machines, keeping patients safe.
Cable assemblies from ANR
Here at ANR we have a highly skilled team of cable assembly manufacturers who specialise in I/O cables, ranging from RS232 signal cables to complex loom and provide customers with cost-effective cable assemblies.
We have crafted cable assemblies for customers across a wide range of industry sectors and enjoy tackling unique requirements and challenges with each project we undertake. No matter the size, colour and length of wire, we base everything around what you want, how you want it, and when you want it.
We will be keeping a close eye on the cable assembly market and are constantly adapting our offering. If you would like to find out more about our cable assembly services then please contact us now.