Cable Management Accessories Market - Snapshot

According to a new market report published by Transparency Market Research titled ‘Cable Management Accessories Market –Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global cable management accessories market is projected to expand at a CAGR of 7.1% during the forecast period. According to the report, the market is likely to continue to be influenced by a range of macroeconomic and market-specific factors.

cable management accessories industry

Continued investments in infrastructure, rising global energy demand, major infrastructure development projects in MENA, recovering construction sector in developed regions, renewal and upgrade of existing networks in mature economies, and stringent regulations about cable management have driven the global cable management accessories market.

Growth of manufacturing industry to fuel cable management accessories market

Manufacturing is expected to continue to be the leading segment of the global cable management accessories market during the forecast period, due to increasing investments in manufacturing plants worldwide. The segment is projected to expand at a significant CAGR of 8.0% during the forecast period. Stringent regulations related to safety and security of cabled networks from installation till end of their usable life mandate the use of effective cable management accessories for machinery in the manufacturing sector. The energy & utility segment is expected to expand at a significant CAGR throughout the forecast period, owing to surging use of cable management accessories across power distribution/generation plants, substations, and in power distribution/transmission equipment and related equipment.

North America to continue to hold a leading share of the global market

In terms of revenue, North America accounted for the maximum share of the global market in 2017, due to concentration of leading manufacturers and increasing demand for cable lugs and markers in the region. Demand for cable management accessories is the maximum in North America, due to growth of the IT & telecom industry in the region. Furthermore, the large number of wire and cable shipments to electric utilities in the region is boosting the cable management accessories market in North America. The U.S. held a leading share of the North America market in 2017. The market in the country is estimated to expand at the maximum CAGR of 7.6% during the forecast period. Rapid growth of the logistics & transportation sector in several countries of Europe is fueling the cable management accessories market in the region. The market in Europe is likely to register a significant CAGR during the forecast period. The U.K. held a leading share of the cable management accessories market in Europe in 2017.

Demand for cable management accessories in Asia Pacific is likely to remain concentrated in China and Japan, due to rapid growth of the IT industry and increasing government expenditure on infrastructure development in these countries. The market in India is estimated to expand at the maximum CAGR during the forecast period, due to rapid pace of urbanization and increasing construction of residential and commercial buildings in the country. Increasing initiatives for infrastructure development in Middle East & Africa have promoted growth of several ancillary industries in the region including the cable management accessories market. The market in GCC is expected to expand at the maximum CAGR during the forecast period, due to high demand for mechanical and electric components in the sub-region. Brazil is expected to hold a significant share of the cable management accessories market in South America throughout the forecast period.

The company profiling of key players operating in the global cable management accessories market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years from 2015 to 2017. Major players profiled in the report on the global cable management accessories market are Schneider Electric SE, Legrand S.A., Thomas & Betts Corporation (ABB Ltd), TE Connectivity Corporation, HellermannTyton Group PLC, Chatsworth Products, Inc., Cooper Wiring Devices (Eaton Corporation), Panduit and Corporation, Gustav Klauke GmbH, CableOrganizer.com, LLC., Anixter Inc., Weidmüller Interface GmbH & Co. KG, Partex Marking Systems USA LLC., and Cembre S.p.A. Several players are introducing technologically advanced products and establishing partnerships with other players to meet the continuously increasing demand for advanced infrastructure accessories.

Cable Management Accessories Market - Overview

The ‘Cable Management Accessories Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’ report provides analysis of the global cable management accessories market for the period 2016–2026, wherein 2018–2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical data. The report covers all trends and technologies expected to play a major role in growth of the global cable management accessories market during the forecast period. It highlights drivers, restraints, and opportunities expected to influence the market during the forecast period. The study provides a holistic perspective on growth of the market in terms of revenue (in US$ Mn) across different regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights key trends in the market on a global scale. Furthermore, region-wise prominent countries/sub-regions covered in the report include the U.S., Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa, and Brazil.

The report analyzes and forecasts the market for cable management accessories at the global and regional levels. The report comprises detailed value chain analysis that provides a comprehensive view of the global cable management accessories market. Porter’s Five Forces model has also been included to help understand the competition landscape of the market. The study encompasses Cable Management Accessories Market Attractiveness analysis, wherein type and industry vertical segments have been benchmarked based on their Market Value, growth rate, and general attractiveness.

Global Cable Management Accessories Market: Taxonomy

The report segments the market based on type, industry vertical, and region. Based on type, the market has been divided into cable lug, cable marker, and heat shrink tube. In terms of industry vertical, the market has been segmented into IT & telecom, manufacturing, energy & utility, health care, logistics & transportation, mining, oil & gas, and construction (including residential and commercial).

Global Cable Management Accessories Market: Research Methodology

Secondary research sources that are typically referred to for the study include, but are not limited to: company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each segment and sub-segment of the market across geographies. Primary interviews are conducted on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on Market Value, market trends, growth trends, competition landscape, and market outlook. These help validate and strengthen secondary research findings. They also help develop the analysis team’s expertise and market understanding.

Global Cable Management Accessories Market: Competition Scenario

Schneider Electric SE, Legrand S.A., Thomas & Betts Corporation (ABB Ltd), TE Connectivity Corporation, HellermannTyton Group PLC, Chatsworth Products, Inc., Cooper Wiring Devices (Eaton Corporation), Panduit and Corporation, Gustav Klauke GmbH, CableOrganizer.com, LLC., Anixter Inc., Weidmüller Interface GmbH & Co. KG, Partex Marking Systems USA LLC., and Cembre S.p.A. are some of the major players operating in the global cable management accessories market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other information pertaining to these players have been duly provided as a part of company profiling. 

The global cable management accessories market has been segmented as follows:

Global Cable Management Accessories Market, by Type

  • Cable Lug
  • Cable Marker
  • Heat Shrink Tube

Global Cable Management Accessories Market, by Industry Vertical

  • IT & Telecom
  • Manufacturing
  • Energy & Utility
  • Health Care
  • Logistics & Transportation
  • Mining
  • Oil & Gas
  • Construction
    • Residential
    • Commercial

Global Cable Management Accessories Market, by Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East &Africa
  • South America
    • Brazil
    • Rest of South America
.