Wire & Cable Management Market Insights Covering Market Dynamics and Competitive Scenario through 2026

Global Wire & Cable Management Market valued approximately USD 15.64 billion in 2017 is anticipated to grow with a healthy growth rate of more than 8.52% over the forecast period 2018-2025. The Wire & Cable Management Market is continuously growing in the global scenario at significant pace. Cable management is a type of management of electrical or optical cable in a cabinet or an installation. Cable management both supports and contains cables during installation & makes subsequent maintenance or changes to cable system easier. growing need for better safety & functional flexibility, growth in construction sector and rising demand from data centers and IT facilities are the substantial driving factors of the market during the forecast period. Moreover, infrastructure and technology spending in developing economies is the factor that likely to creating lucrative opportunity in the near future. In addition, wire & cable management offers various benefits such as it allows proper distribution of energy, it eliminates potential hazards, it provides optimum protection against fire accidents and so on, due to these benefits of wire & cable management demand is increasing across the world. However, volatile prices of raw material and lack of uniform standards & interoperability are the factor that limiting the market growth of Wire & Cable Management during the forecast period.

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The regional analysis of Global Wire & Cable Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share due to rising investment in renewable power sources and growing industrialization in the region. Further, Europe is estimated to grow at stable growth rate in the global Wire & Cable Management market over the upcoming years. North America is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to favorable government support and increasing development of manufacturing industries across the region.

The major market player included in this report are:
Benchmarking
Legrand Sa
Atkore
Eaton
Panduit
OBO Betermann
Grainger
Hubbell
Pentair
Schneider Electric
Hellermann Tyton
Niedax Group
Thomas and Betts
TE Connectivity Ltd.
Marco Cable Management

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Cable Tray & Ladders
Cable Raceway
Conduits & Trunking
Glands & Connectors
Wiring Duct
Boxes & Covers
Ties, Fasteners and Clips
Others

By Cable Type:

Power Cable
Communication Wire & Cable

By Material:

Metallic
Non-Metallic

By End-User:

Commercial
Industrial
Residential

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Wire & Cable Management Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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This release was published on openPR.