Rising construction industry worldwide along with growing energy demand has resulted into strong need for more efficient cabling infrastructure. In addition, due to growing IT & telecommunication industry, the demand for cable handling products is expected to remain strong in the coming years. Cable management systems manufacturers across the globe are focused on delivering advanced products that offer easy installation and better protection. As a result, the cable management systems market is expected to continue witnessing steady growth worldwide in the coming years.
However, with the onset the COVID-19 pandemic, a large number of ongoing construction projects across the globe were halted due to lockdown restrictions. Furthermore, the resulting economic uncertainties led to the cancellation of some commercial and residential projects in major countries across the world. Thereby, the overall cable management systems market witnessed a decline in 2020. However, due to the necessity of these systems in various residential, commercial and industrial buildings, the market is expected to bounce back form 2021 on account of the Post COVID-19 economic recovery.
Cable management includes handling cabling/wiring infrastructure so as to maintain a proper track of the cables running in a given building structure. Cable management comprises various products such as electrical conduit systems, trays & ladders, electrical raceways, cable glands & connectors, floor ducts & boxes and others. These cable management products are used across almost all of the construction applications such as residential and commercial buildings, industrial construction, public infrastructure, IT & telecommunication sector and others.
In the following years, the cable management systems market is expected to be largely driven by rapidly growing economies such as China, India, Brazil and others. Since the past few years, these countries have been witnessing rapid industrialization and population growth. This has led to a boom in the construction industry of these nations across residential, commercial and industrial sectors. Thus, these countries are expected to emerge among the most lucrative markets for cable management systems in the coming years.
The report titled “Global Cable Management Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2020 – 2028” offers strategic insights into the global cable management industry along with the market size and estimates for the duration 2018 to 2028. The said research study covers in-depth analysis of multiple market segments based on cable management products, industry verticals and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.
In order to help the strategic decision-makers, the report also includes profiles of the leading cable management system manufacturers, and key developments. The major players profiled in the report are Legrand S.A., Atkore International Holdings Ltd., Thomas & Betts Corporation, Calpipe Industries, Inc., TE Connectivity Ltd., Oglaend System Group, Marco Cable Management and Eaton Corporation among others. Further, the report also covers market positioning of the key players operating in the cable management systems market. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global cable management systems market, offering market size and estimates for the period from 2020 to 2028, keeping in mind the above mentioned factors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cable Management Systems market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report