Expansion of digitization, proliferation of data centers, rapid industrialization, global expansion, and upsurge in demand for renewable energy commercialization are the major factors that drive the growth of the Europe cable management market. However, fluctuation in prices of raw materials and fragmented nature of the market due to the presence of numerous players restrict the market growth.
The Europe cable management market is segmented based on type, end-user industry, and geography. The market types are distribution board, junction box, conduits, trunking, cable tray, bar, and others. The end users of the cable management market include IT & telecom, commercial construction, healthcare, energy, manufacturing & automation, marine, mining, and others. Furthermore, the market is studied across several countries in the European region, which include the UK, Germany, France, Russia, Italy, Spain, and rest of Europe.
The profiles of major market players, such as Cooper Industries (Eaton), Legrand, Prysmian S.p.A., Atkore International Holdings Inc., Leviton Manufacturing Co., Inc., Panduit, Thomas & Betts (ABB group), Chatsworth Products, Nexans, Schneider Electric SE, and HellermannTyton along with their comprehensive competitive analysis are included in the report.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current and emerging market trends and dynamics in the Europe cable management market.
An in-depth analysis is detailed by constructing market estimations for key market segments between 2017 and 2024.
This report includes a detailed quantitative analysis of the current trends and future estimations from 2017 to 2024, to identify the prevailing market opportunities.
An extensive analysis of the market is conducted by understanding key product positioning and monitoring the top competitors within the market framework.
Porter’s five forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.
The current and future trends have been identified to determine the overall attractiveness while deducing profitable trends to gain a stronger foothold in the market.
KEY MARKET SEGMENTS
By Type
Distribution Board
Wall Mounted
Flush Mounted
Junction Box
Wall Mounted
Flush Mounted
Conduits
Pliable
Rigid
Trunking
Pliable
Rigid
Cable Tray
Bus Bar
Others
By End User
IT & Telecom
Commercial Construction
Healthcare
Energy
Manufacturing & Automation
Marine
Mining
Others
By Country
Europe
UK
Germany
France
Russia
Italy
Spain
Rest of Europe
Table of Contents
Executive Summary
According to a recent report published titled, Europe Cable Magement Market by Product Type and End User: Europe Opportunity Analysis and Industry Forecast, 2018-2024, the Europe cable magement market was valued at $3,826.6 million in 2017 and is projected to reach at $8,289.8 million by 2024, growing at a CAGR of 11.5% from 2018 to 2024.UK led the cable magement market in Europe with a revenue of $690.7 million in 2017 and is projected to reach $1,345.4 million by 2024, growing at a CAGR of 9.8% from 2018 to 2024. However, Russia is anticipated to exhibit the highest CAGR of 15.2% from 2018 to 2024.
Factors such as rise in awareness about the cable magement technology and its use on a massive scale have propelled the growth of the Europe cable magement market. In addition, proper cable magement has ensured secure and efficient utilization of resources. Furthermore, data centers have proliferating, owing to rapid adoption of cloud technology application, process automation, other business processes magement technologies, and others. These data centers require a well-maged and efficient network infrastructure to support business operations, which propels the growth of the cable magement market.
Rise in internet penetration, data dependency, and modernization have led to the development of smart cities. A smart city is a highly advanced and connected city in the areas of energy, IT & telecom, ICT, transport, and others. It boosts social, urban, and cultural development through network infrastructure. European Innovation Partnership on Smart Cities and Communities (EIP-SCC) is an initiative to bring together banks, cities, small and medium enterprises, research centers, and others to build and innovate the city as per guidelines of the European Commission. This involves development of sustaible districts and an environment to reduce carbon footprint and environmental impact. This endeavor is expected to fuel the demand for cable magement in the near future.
In 2017, based on product type, the distribution board segment dominated the Europe cable magement market by garnering the maximum revenue. However, based on end user, the commercial construction segment led the Europe cable magement market in the same year.
The report includes a micro-level study of several countries in the European region that have adopted cable magement for various applications. In addition, it discusses the potential opportunities for market players to enter the market. Moreover, it provides an in-depth market Analysis of cable magement by outlining current trends, key driving factors, and potential areas for product investments. In addition, it includes Porters Five Forces Analysis to understand the competitive scerio of the industry and the role of each stakeholder.
The report further details the strategies adopted by the key market players to maintain their foothold in the market. Cooper Industries (Eaton), Legrand, Prysmian S.p.A., Atkore Intertiol Holdings Inc., Leviton Manufacturing Co., Inc., Panduit, Thomas & Betts (ABB group), Chatsworth Products, Nexans, Schneider Electric SE, and HellermannTyton are some of the key players operating in the Europe cable magement market.
Key Findings of the Europe Cable Magement Market:
In 2017, based on product type, the distribution board segment dominated the Europe cable magement market, in terms of revenue. However, based on end user, the commercial construction segment has been the leading contributor to the Europe cable magement market in the same year.
In 2017, the distribution board segment has accrued the highest revenue share.
UK is expected to hold the largest market share from 2018 to 2024.
Russia is anticipated to exhibit the highest CAGR during the forecast period.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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