April 04, 2022 08:28 ET | Source: Research and Markets Research and Markets
Dublin, April 04, 2022 (GLOBE NEWSWIRE) -- The "Cable Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global cable management market reached a value of US$ 22.85 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 36.06 Billion by 2027, exhibiting at a CAGR of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. Cable management refers to the process of handling the wiring systems of a building or a complex. It utilizes electrical conduit systems, trays, ladders, electrical raceways, cable glands, connectors, floor ducts and boxes to track the running cables. It is used for routing and branching cables in multiple directions, protecting wiring components and eliminating trip hazards. It is also utilized for tracking physical networks, reassigning surplus resources and improving the life cycle of data assets. Cable management offers enhanced power supply protection and improved aesthetics and access control. As a result, it finds extensive applications across various industries, including information technology (IT), construction, healthcare, manufacturing, marine, telecommunication and energy. Cable Management Market Trends:
The increasing commercialization of renewable energy across the globe is one of the key factors driving the growth of the market. Moreover, the rising demand for steel, rigid metal, flexible metallic and polyvinyl chloride (PVC) conduits in various industries is providing a thrust to the market growth. These conduits are used for indoor and outdoor applications and exhibit advantageous corrosion-resistant properties.
In line with this, the widespread adoption of high-performance data and communication cabling systems is also contributing to the growth of the market. Cable management systems are integrated into the entertainment and lighting control systems of smart homes.
Additionally, the increasing utilization of data centers in organizations is acting as another growth-inducing factor. Cable management systems enable the enterprises to store and transmit large volumes of data produced by advanced data computing machines, sensors and equipment. Other factors, including extensive infrastructural development, especially in the emerging economies, along with the implementation of favorable government policies, are anticipated to drive the market toward growth. Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global cable management market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, material and end user. Breakup by Product:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Atkore International, Chatsworth Products Inc., Eaton Corporation PLC, Enduro Composites Inc., HellermannTyton Group PLC (Aptiv PLC), Houston Wire & Cable Company (Omni Cable LLC), Legrand, Leviton Manufacturing Co. Inc., Panduit Corporation, Prysmian S.p.A., and Schneider Electric SE. Key Questions Answered in This Report:
Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Cable Management Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Product 6.1 Cable Trays 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Cable Raceways 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Cable Conduits 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Cable Connectors and Glands 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Cable Carriers 6.5.1 Market Trends 6.5.2 Market Forecast 6.6 Cable Lugs 6.6.1 Market Trends 6.6.2 Market Forecast 6.7 Cable Junction Box 6.7.1 Market Trends 6.7.2 Market Forecast 6.8 Others 6.8.1 Market Trends 6.8.2 Market Forecast 7 Market Breakup by Material 7.1 Metallic 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Non-Metallic 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by End User 8.1 IT and Telecommunication 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Construction 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Energy and Utility 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Manufacturing and Automation Industry 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Others 8.5.1 Market Trends 8.5.2 Market Forecast 9 Market Breakup by Region 10 SWOT Analysis 11 Value Chain Analysis 12 Porters Five Forces Analysis 13 Price Analysis 14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 ABB Ltd 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.1.3 Financials 14.3.1.4 SWOT Analysis 14.3.2 Atkore International 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.2.3 Financials 14.3.2.4 SWOT Analysis 14.3.3 Chatsworth Products Inc. 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio 14.3.4 Eaton Corporation PLC 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.4.3 Financials 14.3.4.4 SWOT Analysis 14.3.5 Enduro Composites Inc. 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.6 HellermannTyton Group PLC (Aptiv PLC) 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.7 Houston Wire & Cable Company (Omni Cable LLC) 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.8 Legrand 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.8.3 Financials 14.3.8.4 SWOT Analysis 14.3.9 Leviton Manufacturing Co. Inc. 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.10 Panduit Corporation 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.11 Prysmian S.p.A. 14.3.11.1 Company Overview 14.3.11.2 Product Portfolio 14.3.11.3 Financials 14.3.11.4 SWOT Analysis 14.3.12 Schneider Electric SE 14.3.12.1 Company Overview 14.3.12.2 Product Portfolio 14.3.12.3 Financials 14.3.12.4 SWOT Analysis
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