Cable management upcoming Opportunities, Growth, Scope Analysis by - SCHNEIDER ELECTRIC SE, LEGRAND SA, HELLERMANN TYTON, TE CONNECTIVITY LTD.

North America Accounted for the Largest Share in the Market

The increasing demand of electricity, the growing incidence of floods and storms in coastal areas have put the existing infrastructure under duress. Moreover, the growing need for upgrading energy infrastructure, to meet renewable energy targets. This is driving the deployment of new cables in the industry, thus creating a need for cable management equipment in the region.

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The deployment of high-capacity networks (due to increasing demand for high-speed connectivity growing in the IT and telecom industry), have resulted in complicated cable installations across many verticals. Thus, the need for proper management systems has become important. Infrastructure development and access to basic utilities remain the core area of concern in the world will provide opportunities for Cable Management Systems. Up gradation and Renewal of existing networks in developed economies will drive the market growth.

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Market Segments:
Cable management market is segmented by:
1. Product: Cable Tray, Cable Ladder, Cable Gland, Cable Trunking, Cable Conduit, Others
2. Material: Metallic, Non-Metallic
3. End-user: IT and Telecom, Construction, Energy and Utility, Manufacturing, Oil and Gas, Others
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• December 2017 - Thomas & Betts developed new Cable Tray Combo Clamp needed to install any series of T&B Cable Tray, regardless of side rail thickness. This easy-to-install new accessory was designed to key into the rail flange on the clamp side when tightened, resulting in a rock-solid attachment in vertical or horizontal applications.
• January 2017 - Schneider Electric had launched Canalis KR, busbar trunking for high-power distribution in harsh environments and critical applications. This trunking can be installed almost anywhere and its innovative design means that power can be distributed to places where it may not have been cost-effective, or even possible before.

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