Press release
CABLE MANAGEMENT SYSTEM MARKET EXCEED MORE THAN US$ 34 BILLION BY 2024.
Market Research Engine has published a new report titled as “Cable Management System Market by Product Type (Cable Duct, Cable Trunking, Cable Tray, Cable Ladder, Raceway, Cable Conduit, Cable Connector, Cable Gland); by Material type (Metallic, Non-Metallic) and by End Users – Global Industry Analysis and Forecast 2016 – 2024”.How Big is the Cable Management System Market?
The cable management system market is expected to exceed more than US$ 34 Billion by 2024; Growing at a CAGR of more than 9.6% in the given forecast period.
Cable management is refers to the setting up of all equipment to secure cables for electrical services in a building. Cable management is essential in power distribution, communications and information technology.Cable management guarantees the traceability of particular connections in order that they will be valid for code compliance and alternative quality mandates by the regulatory authorities. Cable bend radius, weight and diameter are the key parameters effecting cable management.
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Cable management system market deals with the setting up or installing different cable management tools so as to shield cables for data electrical services or digital communication in a building, vehicle, organization and industry. A correct installation or deployment of cable management tools helps in traceability of specific connections for their validation in terms of code and quality conformity as started by the regulatory authorities. Cable management delivers end users with different benefits include increase adaptability and low maintenance, enhanced safety and reduction labor and operational cost.
The major driving factors of cable management system market are as follows:
Rising construction industry will be seen as the main driving factor for the cable management system market globally.
Increasing demand for different bandwidth requirements.
High acceptance of cable trays as an alternative for cable management systems.
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The restraining factors of cable management system market are as follows:
Continuous instability of raw material costs is expected to be restraining the market growth.
The cable management system market is segmented on the lines of its product, material, end user and regional. Under product segmentation it covers cable duct, cable lug and tools, cable chain and reel, cable gland, cable connector, cable conduit, cable trucking, raceway, cable tray and others such as cable tags and route markers. Based on material segmentation the cable management system market covers metallic and non metallic. End user segmentation covers construction, oil and gas, mining, logistics and transportation, healthcare, energy and utility, manufacturing and IT and telecom. The construction end user is further segmented into residential and commercial. The cable management system market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for cable management system and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for cable management system.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Cable Management System with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Schneider Electric SE, Legrand SA, Thomas & Betts Corporation (ABB Ltd.), HellermannTyton Group PLC, TE Connectivity Ltd., Marco Cable Management, Chatsworth Products, Inc., Cooper Wiring Devices (Eaton Corporation), Allied Tube & Conduit (Atkore International Holdings Ltd), Niedax Group, Vantrunk International, Panduit Corp., Leviton Manufacturing Co. Inc. and Enduro Composites Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Cable management system market has been segmented as below:
By Product Segment Analysis
Cable duct
Cable lug and tools
Cable chain and reel
Cable gland
Cable connector
Cable conduit
Cable trunking
Raceway
Cable tray
Others (cable tags and route markers)
By Material Analysis
Metallic
Non metallic
By End-user Analysis
Construction
Residential
Commercial
Oil and Gas
Mining
Logistics and transportation
Healthcare
Energy and Utility
Manufacturing
IT and Telecom
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all cable management systems.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of cable management system data.
4) Assess your competitor’s refining portfolio and its evolution.
About MarketResearchEngine
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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Contact Person: John Bay
Email: john@marketresearchengine.com
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