China to Lead the Global RF Coaxial Cable Industry from 2019 to 2025

According to a new market research report by ResearchAndMarkets.com, the global RF coaxial cable industry grew by 7.9% in 2019 to reach sales of around $7 Billion. New wireless technologies such as 5G and IoT have been fueling the demand for RF coaxial cables. At present, the global RF communication cable market features a relatively high concentration: players including Belden, Gore, Habia, Times, Nexans, Sumitomo, and Hitachi, rule the roost. These multinational giants remain superior and fairly competitive in the capital, technology, research and development, and marketing, with quick response to market dynamics and technological updates.

According to the report, China is a key producer and consumer of RF coaxial cables. As a country, they have already built the world's largest 4G network with more than 1.23 billion users. In the wake of the IoT boom and growing demand for base stations, China has deployed a total of 7.32 million base stations (4.45 million for 4G).

On June 6, 2019, the Ministry of Industry and Information Technology of China issued 5G business licenses to China Telecom, China Mobile, China Unicom and China Broadcasting Network, which marked that the country opened an era of commercial 5G. With wide coverage of 4G and commercial use of 5G, the Chinese RF coaxial cable market has been on the rise and is expected to grow at a rate of 8.4% every year till 2025.

Key Chinese RF coaxial cable companies include Kingsignal, Hengxin Technology, Trigiant Group, Zhejiang Shengyang Science and Technology, Zhongtian RF Cable, Chengdu Zhongling Radio Communications, Shenyu Communication, and Zhuhai Hansen Technology. Among them, Shenyu Communication boasts the largest capacity producing 1,290,210 km of cables a year.

The Global and China RF Coaxial Cable Industry Report (2019-2025) highlights the following:

  • Global and Chinese RF coaxial cable market (development status, market size, competitive pattern, etc.)
  • RF coaxial cable market segments (market demand and competitive pattern)
  • RF coaxial cable downstream sectors;
  • 9 foreign and 13 Chinese RF coaxial cable companies (operation, revenue structure, gross margin, R&D and investment, RF coaxial cable business, development strategy, etc.).