Global Active Copper Cables (ACC) Market Size (2024 - 2029)

Global Active Copper Cables (ACC) Market Analysis

The Global Active Copper Cables Market is expected to register a CAGR of 4.21% during the forecast period.

The active copper cables market is currently experiencing robust growth, and it is expected to grow owing to data centers, high-performance computers, mass storage devices, and other applications globally.

• 5G implementation is poised to meet the escalating demand for efficient communication, which is crucial for enhancing digital operations. While 5G's broader wavelength enables rapid data transmission, its signals are limited in range compared to 3G and 4G. Consequently, a robust 5G network necessitates a dense array of cell towers, each reliant on high-speed cables for signal transmission, thereby bolstering the demand for the ACC market.
• GSMA forecasts that 5G connections will account for over half (51%) of all mobile connections by 2029, climbing to 56% by the decade's close, solidifying 5G as the leading connectivity technology. 5G has outpaced all previous mobile generations in its rollout, exceeding 1.6 billion connections by the end of 2023, and it is projected to reach 5.5 billion by 2030. Consequently, as 5G continues its rapid expansion, the global active copper cables market is poised for significant growth in the near future.
• Telecom companies are placing significant bets on the next wave of telecommunication infrastructure. Cisco predicts that 5G will deliver speeds 13 times faster than the current average mobile connection. Beyond speed, 5G promises expanded bandwidth, network slicing, and boosts in artificial intelligence (AI), virtual reality (VR), and cloud computing. Moreover, with cable TV, telecom, and broadband infrastructure already well-established in many countries, the groundwork is set to accelerate the deployment of high-speed cables, fueling demand in the ACC market.
• However, the rising costs of raw materials are significantly impacting the production expenses of active copper cables. As reported by Credendo, a European credit insurance group, copper prices have been steadily climbing since late 2023. By mid-February 2024, they surged by over 20%, hitting a two-year high of nearly USD 10,000 per ton, primarily driven by shortages in copper ore. The ongoing conflict between Russia and Ukraine has led to stricter recycling regulations and increased costs for fuel and energy, further elevating both production and recycling expenses. With Russia being a key global player in copper production and recycling, the combined effects of sanctions, logistical challenges, and domestic demand have exacerbated the global copper shortage, consequently pushing prices to unprecedented levels.

Global Active Copper Cables (ACC) Industry Segmentation

Active cables, prevalent in contemporary data communication systems, play a vital role in enterprise networks. These cables, predominantly copper-based, excel in short-range connections, linking servers, switches, and storage units within data centers or racks. They stand out from their passive counterparts by delivering superior data speeds and extended transmission ranges.

The report covers global active copper cables (ACC) market companies. The market is segmented by application (data center, telecommunication, high-performance computing (HPC), consumer electronics, industrial applications, and other applications) and region (North America (United States and Canada), Europe (United Kingdom, Germany, and France), Asia-Pacific (China, India, and Japan), Latin America, and the Middle East and Africa). The report offers market sizes and forecasts in value (USD) for all the above segments.