+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Global Cable Management System Market: Rocketing Global Energy Demand and Continual Infrastructure Investments Escalate Growth, says TMR

Posted on May 16, 2017

The global cable management system market has been anticipated by researchers at Transparency Market Research (TMR) to accommodate a large presence of regional companies that has made products such as cable conduits, raceways, and trays indistinguishable in the industry. As a result, the purchase of these products in the global cable management system market could be only based on price point. Raw material suppliers have been prophesied to play a significant part in the supply chain with proximity and timely delivery considered as key factors. 

Thomas & Betts Corp., Schneider Electric SE, Eaton Corporation, Atkore International Holdings Ltd., and Legrand SA could be key manufacturers in the global cable management system market. New product development could be a major consumer base expansion strategy operable in the global cable management system market. For instance, in 2015, HellermannTyton launched the concept of Product Promoter.

According to a report penned by TMR, the world cable management system market has been expected to draw a revenue of almost US$34.0 bn by 2024. In 2016, the world cable management system market had raked in just over US$16.0 bn. The world cable management system market could maintain a CAGR of 9.8% for the forecast period 2016–2024. Cable conduit has been prognosticated to be a faster growing product in the world cable management system market growing at a 10.5% CAGR. North America could account for a stronger share of over US$10.0 bn in the world cable management system market by the final forecast year. 

cable-management-system-market

BRICS Economies Attract Lucrative Demand from Growing Construction Sector

The international cable management system market has been prophesied to gain dominance in terms of demand on the back of a telling growth in the construction sector of BRICS economies. Economic activities in Asia Pacific have received a significant thrust due to rising urbanization and population. Russia and Brazil could raise the hopes of vendors in the international cable management system market on account of the scheduling of global events such as the FIFA World Cup and Olympic Games. 

Continued investments for conducting replacement and expansion activities in the public and energy infrastructure sectors coupled with snowballing energy demand have been envisaged to stimulate growth in the international cable management system market. 

Other factors that could drive demand in the international cable management system market are the improving construction industry in developed regions, key infrastructure development undertakings in the Middle East and North Africa (MENA), upgradation and renewal of current networks in mature regions, and faster-growing bandwidth requirements. 

Volatility in Raw Material Prices Challenges Optimum Production 

Manufacturers in the worldwide cable management system market have been envisioned to encounter a challenge in the form of volatile raw material prices for producing at optimum cost. Besides this, the high fragmentation of the cable management system market at regional levels could delay growth. However, the recent adoption of robotic cable management in organizations that entertain high machine reliability has been foretold to offer profit-making opportunities in the worldwide cable management system market. 

The information presented in this review is based on a TMR report, titled, “Cable Management System Market (Product Type - Cable Tray, Cable Ladder, Raceway, Cable Trunking, Cable Conduit, Cable Connector, Cable Gland, Cable Chain and Reel, Cable Lug and Tools, Cable Duct, and Cable Tags and Route Markers; Material Type - Metallic and Non-metallic; End-use Industry - IT and Telecom, Manufacturing, Energy and Utility, Healthcare, Logistics and Transportation, Mining, Construction (Residential and Commercial), and Oil and Gas) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”

The global cable management system market has been segmented as presented below: 

Global Cable Management System Market: By Product 

  • Cable Tray
  • Cable Ladder
  • Raceway
  • Cable Trunking
  • Cable Conduit
  • Cable Connector
  • Cable Gland
  • Cable Chain and Reel
  • Cable Lug and Tools
  • Cable Duct
  • Cable Tags and Route Markers 

Global Cable Management System Market: By Material 

  • Metallic
  • Non-metallic 

Global Cable Management System Market: By End-use Industry 

  • IT and Telecom
  • Manufacturing
  • Energy and Utility
  • Healthcare
  • Logistics and Transportation
  • Mining
  • Oil and Gas
  • Construction
    • Residential
    • Commercial 

Global Cable Management System Market: By Region 

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of APAC
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Back To Top