Amphenol Corporation, Prysmian Group, and Belden Inc. – Prominent Market Participants in Europe AV cable market.
AV cables enable TV screens and speakers to provide video and audio features to customers. A growing number of sports events in Europe is increasing the demand for online broadcasting. In France, a few of the major sports events such as the French Open tennis championship, Tour de France, Paris Marathon, Paris Half Marathon, and French Basketball Cup require broadcasting, which is increasing the demand for SDI Video Coax Cable, SMPTE Camera Cable, Video Triax Cable, Tactical Fiber Optic Cable, and Microphone Cable
During the COVID-19 pandemic, there has been a rise in the adoption of remote work models in organizations, which significantly increased the number of remote employees in Europe. According to the report by Coresignal, a data and analytics services provider, in March 2022, the UK registered the highest share of remote job opportunities in the region. In remote work locations, high-speed connectivity is required, which is achieved by using optic fiber cables. Also, due to the rising adoption of the work-from-home model, the need for household broadband connections is growing. Thus, the growing adoption of the remote work/work-from-home model is boosting the AV cable market growth in Europe.
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