Market Share of Data Center Wire And Cable Industry
The data center wire and cable market features a semi-consolidated landscape dominated by numerous global and regional vendors holding substantial market shares. To cater to the rising demands of data centers and expand their market presence, these vendors are introducing innovative wire and cabling solutions. Furthermore, partnerships and acquisitions are actively transforming the competitive dynamics of the data center wire and cable market.
In August 2024, Lumen Technologies inked a deal with Corning Incorporated to secure a significant supply of next-generation optical cables. These fiber-rich cables are set to more than double Lumen’s intercity fiber miles in the U.S., greatly enhancing capacity for major cloud data centers. These centers are racing to keep pace with AI workloads and high-bandwidth applications driven by vast data demands. The swift evolution of generative artificial intelligence necessitates at least a tenfold increase in fiber connections within data centers. Moreover, a strong fiber network is essential for transmitting information between these hubs. Through this agreement, Lumen has locked in 10% of Corning’s global fiber capacity for the next two years.
In January 2024, Panduit, a global player in network and electrical infrastructure solutions, unveiled its next-generation cable management solution: the Wire Basket Cable Tray Routing System. This system is specifically crafted to efficiently route and manage copper data cables, fiber optics, and power cables across data centers, connected buildings, and industrial settings. The Wire Basket boasts an innovative design, enhancing the strength-to-weight ratio over competing products. Additionally, its installation is quicker and simpler, ensuring a cost-effective solution for users.
Data Center Wire And Cable Market Leaders
-
Fluke Networks, Inc.
-
Belden Inc.
-
Panduit Corporation
-
Nexans S.A.
-
Telehouse International Corporation
*Disclaimer: Major Players sorted in no particular order
