Excel Networking Solutions continues to solidify its leadership position in the UK copper cabling market, achieving impressive growth and maintaining strong sales in 2023. As highlighted by the latest market analysis from BSRIA, the overall market value – across the LAN and Datacentre market - has risen to £257.5 million, marking another year of post-pandemic expansion.
Excel's success is particularly evident in the copper cabling segment, where the company has established itself as the clear market leader, with 25% share of the UK copper cabling market. Despite the overall volume of copper cable sold being approximately 9% below pre-pandemic levels, Excel has managed to outperform the market through its strategic focus on quality, innovation, sustainability and the loyalty of its well-established customer base.
Sustainability has become a crucial factor in the market, with clients increasingly demanding detailed reports on the environmental practices of the supply chain. Excel Networking Solutions stands out by not only offering 100% plastic-free packaging for all its products but also implementing several other eco-friendly initiatives in the past 12 months. These include the use of sustainable void fillers, plant-based pallet wrap, and the provision of Environmental Product Declaration and TM65 certificates to highlight each product's environmental journey. Additionally, Excel has achieved EcoVadis certification at the silver level, further demonstrating its strong commitment to reducing environmental impact and providing sustainable choices. These initiatives align perfectly with the growing demand for eco-friendly solutions, giving Excel a competitive edge in tenders and client engagements.
Andrew Percival, Managing Director of Excel Networking Solutions, remarked, "Our leadership in the copper cabling market is a result of our unwavering commitment to quality and innovation. We are equally dedicated to sustainability, and this dual focus allows us to meet the evolving needs of our customers while contributing positively to the environment. We appreciate the ongoing support of our installer community in helping us achieve the positive development seen in 2023"
The copper segment of the market is expected to remain broadly stable, with growth driven primarily by the uptake of higher-value products rather than volume. The LAN market is forecasted to remain steady, with opportunities arising from higher-value products such as CPR class, Cat6A, and shielded cables. Similarly, while the data centre market may not see the large annual increases of previous years, it is still poised for further growth.
Excel Networking Solutions is committed to staying at the forefront of the copper cabling market. By continually adapting to market trends and focusing on delivering high-quality, sustainable products, Excel is poised to address the future demands of the industry. The company's dedication to innovation and sustainability ensures its ongoing success and reinforces its position as a market leader.