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The circuit tracer market will register a CAGR of about 3% by 2022
[January 15, 2019]

The circuit tracer market will register a CAGR of about 3% by 2022


NEW YORK, Jan. 15, 2019 /PRNewswire/ -- About this market
The demand for Ethernet cables has been increasing with the rising need for high-speed networks in the residential and commercial sectors. Ethernet was originally used for local area network (LAN) to handle smaller bandwidth networks. However, its application has since increased for high-speed networks as well. This increased the demand for ethernet cables in industrial and commercial facilities. This will directly contribute to the demand for circuit or wire tracers for identifying new locations to install new ethernet cables. Technavio's analysts have predicted that the circuit tracer market will register a CAGR of about 3% by 2022.

Read the full report: https://www.reportlinker.com/p05713282

Market Overview
Growing demand for power
Growing industrialization and the rising urbanizations are driving the demand for power. The growing demand for power increases the need for power geeration, transmission, and distribution to facilitate uninterrupted power supply.



Low product differentiation
Leading vendors are engaging in price wars to sustain in the market, due to which the focus on new product development is decreasing. Hence, the absence of significant product development in the past years will lead to slow growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the circuit tracer market during the 2018-2022, view our report.


Competitive Landscape
The global circuit tracer market is moderately fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Read the full report: https://www.reportlinker.com/p05713282

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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SOURCE Reportlinker


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