The global cable management system market size is poised to
reach USD 26.48 billion by 2025, according to a new study by Grand View
Research, Inc., progressing at a CAGR of 8.2% during the forecast period.
Growing demand for cable management systems in the IT & telecommunication
industry is projected to augment the market.
Cable management products help in handling
cabling systems in residential and commercial buildings to manage cable
connections during pre-construction as well as post construction. Numerous
components of cable management systems are used in the construction industry,
such as floor ducts & boxes, cable glands & connectors, electrical
raceways, trays & ladders, and electrical conduit systems. Surging demand
for better infrastructure and rapid industrialization in developing economies
are driving the cable management system market.
Government initiatives for time-bound creation
of excellent infrastructure in developing countries are boosting the growth of
the construction sector, which in turn is fueling the demand for cable
management systems. Using these systems minimize the risk of cables being
disconnected and also protect them from damages caused due to stretching or
harsh environment conditions.
Stringent legal and regulatory standards have
compelled manufacturers to develop durable and flexible management systems.
This is further anticipated to boost the demand for cable management systems
over the forecast period. Growing demand for metallic cable trays in industrial
and commercial applications is estimated to stoke market growth.
Browse full research report on Cable
Management System Market: https://www.grandviewresearch.com/industry-analysis/cable-management-system-market
Further key
findings from the report suggest:
- Cable management systems find applications in
the oil & gas industry due to properties such as ability to perform in
harsh environments, reliability, high insulation, and high resistance to
chemicals
- PVC plastic materials are widely used in the
oil & gas industry owing to their high acid-resistant capability. Heat
shrinks insulation cables in case of fire, due to which they are primarily
used in the manufacturing of cable ducts, cable trays, and cable trunks
that are installed in oil & gas plants
- North America is expected to dominate the
market through 2025, accounting for over 32.0% of the overall revenue
- Surging demand for data communication cables
for transmission of signals is likely to escalate the need for cable trays
and cable trunks in regions such as China, Japan, India, and other
developing countries
- Key industry participants include ABB Ltd.;
Atkore International Holdings Ltd.; Chatsworth Products, Inc.; Eaton
Corporation; Legrand SA; and Enduro Composites, Inc.
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/cable-management-system-market/request/rs1
Grand
View Research has segmented the global cable management system market on the
basis of product, material, end use, and region:
Cable
Management System Product Outlook (Revenue, USD Million, 2014 - 2025)
- Cable Trays
- Cable Trunks
- Boxes, Connectors,
and Distribution Boards
- Cable Conduits
- Others
Cable
Management System Material Outlook (Revenue, USD Million, 2014 - 2025)
- Metallic
- Non-Metallic
Cable
Management System End Use Outlook (Revenue, USD Million, 2014 - 2025)
- IT & Telecom
- Manufacturing
- Energy &
Utilities
- Healthcare
- Oil & Gas
- Public
Infrastructure
- Commercial
- Residential
- Others
Cable
Management System Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Nordic Region
- Asia Pacific
- India
- Australia
- China
- Japan
- Latin America
- Brazil
- Argentina
- Middle East &
Africa
- Saudi Arabia
- U.A.E.
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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