The global pre-termination system market will reach $3.7 billion by 2027

During the COVID-19 crisis, the latest study found that the global market for pre-termination systems is estimated at $2.2 billion by 2020 and is expected to reach $3.7 billion by 2027, with a CAGR of 7.7% between 2020 and 2027.
Components are one of the segments analyzed in the report and are expected to grow at a record annual rate of 8.2% and reach $2.6 billion by the end of the analysis period. At the same time, the analytics firm added that after an early analysis of the business impact of the pandemic and the economic crisis it triggered, growth in the services sector had been recalibrated to a revised CAGR of 6.7% over the next seven years.

According to Research and Markets, the U.S. pre-termination system market is estimated at $599.3 million in 2020.

China, the world's second-largest economy, is expected to reach $844.1 million by 2027, with a CAGR of 11.8% over the analysis period of the 2020-2027 update.

Other notable geographic markets for the technology are Japan and Canada, which are expected to grow by 4.1% and 7% respectively between 2020 and 2027. In Europe, Germany is expected to grow at a CAGR of about 5%.

The main players in the pre-termination market are:

• AFL (Fujikura Ltd.)
• Amphenol Corporation
• Belden Inc.
• CABLExpress Corporation (Cxtec Inc.)
• Comcore Connexions Pvt Ltd. (3c3)
• Commscope Holding Company, Inc.
• Connectix Ltd.
• Corning Incorporated
• Hellermanntyton Tyton (Aptiv PLC)
• Huber+Suhner AG
• Legrand SA
• Leviton Manufacturing Co., Inc.
• Nexans S.A.
• Optical Cable Corporation (OCC)
• Panduit Corp.
• Reichle & De-Massari AG (R&M)
• Schneider Electric SE
• TE Connectivity Ltd.
• The Cabling Company
• The Siemon Company