Press release
Wire and Cable Management Market Size, Share, Impressive Industry Growth, Report 2027
The global wire and cable management market is expected to grow at a significant CAGR during the forecast period (2021-2027). The market is being driven by rising infrastructure development investments, increased demand from IT facilities and data centers, and rapid urbanization in the Asia Pacific, and the Middle East, and African countries. The industry is highly competitive and fragmented owing to the availability of some key competitors such as Thomas & Betts Corporation (ABB Group), Schneider Electric SE, Cooper Industries (Eaton), Chatsworth Products Inc., HellermannTyton, and others. These leading manufacturers have discovered potential markets in developing countries and have begun to expand their operations. In December 2020, ABB and AFC Energy, located in Cranleigh, Surrey, UK, formed a strategic agreement to develop the next generation of high-power, sustainable electric vehicle (EV) charging solutions for grid-constrained areas.A full report of Wire and Cable Management Market is available at: https://www.omrglobal.com/industry-reports/wire-and-cable-management-market
The cable management system would also support keeping charging station wires clean and orderly, and charging stations are expected to use such cable management solutions. Chatsworth Products Inc. (CPI) added to the ZetaFrame Cabinet in February 2021, which offers multiple customization options and includes the benefits of an enhanced Cable Management System with all cable management accessories factory-installed, allowing it to be used independently or in combination. During the COVID-19 crisis in December 2020, Eaton develops and expedites essential power management equipment under rigorous security protocols. By 2035, renewable energy will account for half of the global power generation, and Eaton, a power management business, is assisting the State Grid Corporation of China (SGCC) in adding additional renewables to its grid. In the installation of renewable energy grid systems, cable management would be critical.
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Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product
o By End-User
• Competitive Landscape: Thomas & Betts Corp. (ABB group), and Schneider Electric SE, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Wire and Cable Management Market Report Segmentation
By Product
• Cable Trays
• Cable Raceways
• Cable Conduits
• Cable Connectors and Glands
• Cable Carriers
• Cable Lugs
• Junction/Distribution Boxes
By End-User
• Residential
• Commercial
• Industrial
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/wire-and-cable-management-market
Wire and Cable Management Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Thomas & Betts Corp. (ABB group)
• Schneider Electric SE
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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