Global Wire & Cable Management Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Wire & Cable Management Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Wire & Cable Management market and provides information regarding the revenue for the period 2020 to 2025.
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.
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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.
The major market player included in this report are:
- Legrand Sa
- OBO Betermann
- Schneider Electric
- Hellermann Tyton
- Niedax Group
- Thomas and Betts
- TE Connectivity Ltd.
- Marco Cable Management
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 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:
Cable Tray & Ladders
Conduits & Trunking
Glands & Connectors
Boxes & Covers
Ties, Fasteners and Clips
By Cable Type:
Communication Wire & Cable
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