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FEATURED COMPANIES
- ABB Ltd.
- Chatsworth Products, Inc.
- Eaton Corp. Plc
- Hubbell Inc.
- Legrand SA
- Schneider Electric SE
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Cable Tray Market: About this market
The cable tray market analysis considers sales from commercial, industrial, and residential end-users. Our analysis also considers the sales of cable tray in APAC, Europe, North America, South America, and MEA. In 2018, the commercial segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the development of galvanized cable trays will play a significant role in the commercial segment to maintain its market position. Also, our global cable tray market report looks at factors such as the increasing adoption of automation and communication technologies, stringent standards for cable trays, increased investments in data centers, and the increasing number of smart grid projects. However, fluctuations in raw material prices, shift toward wireless communications, and slowdown in manufacturing output may hamper the growth of the cable tray industry over the forecast period.
Global Cable Tray Market: Overview
Increasing adoption of communication and automation technologies
Rising penetration of automation and robotics in the industrial sector has augmented the deployment of electrical equipment including associated wire and communication cables. Most automated solutions such as industrial control systems need to be connected to diverse industrial field instruments by power and communication cables. Therefore, the deployment of effective cable management systems including the cable trays has been gaining momentum which will lead to the expansion of the global cable tray market at a CAGR of almost 9% during the forecast period.
Increasing focus on high-speed network connectivity
Cellular communication technologies are gaining prominence not only for data transfer but also for communication and other applications. Similarly, the advent of 5G telecommunication technology has addressed various drawbacks of mobile connectivity issues for IoT devices and enabled high bandwidth and low-latency communication. This is further expected to increase the deployment of cellular base stations in urban, rural, and suburban areas. These base stations are eventually expected to deploy cable tray systems to structure the cables traversing in the base stations. This demand is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global cable tray market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cable tray manufacturers, that include ABB Ltd., Atkore International Group Inc., Chatsworth Products Inc., Eaton Corp. Plc, Hubbell Inc., Legrand SA, OBO BETTERMANN Holding GmbH & Co. KG, Schneider Electric SE, TransDelta International Industries LLC, and voestalpine AG.
Also, the cable tray market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The cable tray market analysis considers sales from commercial, industrial, and residential end-users. Our analysis also considers the sales of cable tray in APAC, Europe, North America, South America, and MEA. In 2018, the commercial segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the development of galvanized cable trays will play a significant role in the commercial segment to maintain its market position. Also, our global cable tray market report looks at factors such as the increasing adoption of automation and communication technologies, stringent standards for cable trays, increased investments in data centers, and the increasing number of smart grid projects. However, fluctuations in raw material prices, shift toward wireless communications, and slowdown in manufacturing output may hamper the growth of the cable tray industry over the forecast period.
Global Cable Tray Market: Overview
Increasing adoption of communication and automation technologies
Rising penetration of automation and robotics in the industrial sector has augmented the deployment of electrical equipment including associated wire and communication cables. Most automated solutions such as industrial control systems need to be connected to diverse industrial field instruments by power and communication cables. Therefore, the deployment of effective cable management systems including the cable trays has been gaining momentum which will lead to the expansion of the global cable tray market at a CAGR of almost 9% during the forecast period.
Increasing focus on high-speed network connectivity
Cellular communication technologies are gaining prominence not only for data transfer but also for communication and other applications. Similarly, the advent of 5G telecommunication technology has addressed various drawbacks of mobile connectivity issues for IoT devices and enabled high bandwidth and low-latency communication. This is further expected to increase the deployment of cellular base stations in urban, rural, and suburban areas. These base stations are eventually expected to deploy cable tray systems to structure the cables traversing in the base stations. This demand is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global cable tray market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cable tray manufacturers, that include ABB Ltd., Atkore International Group Inc., Chatsworth Products Inc., Eaton Corp. Plc, Hubbell Inc., Legrand SA, OBO BETTERMANN Holding GmbH & Co. KG, Schneider Electric SE, TransDelta International Industries LLC, and voestalpine AG.
Also, the cable tray market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ABB Ltd.
- Chatsworth Products, Inc.
- Eaton Corp. Plc
- Hubbell Inc.
- Legrand SA
- Schneider Electric SE
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Atkore International Group, Inc.
- Chatsworth Products, Inc.
- Eaton Corp. Plc
- Hubbell Inc.
- Legrand SA
- OBO BETTERMANN Holding GmbH & Co. KG
- Schneider Electric SE
- TransDelta International Industries LLC
- voestalpine AG
Note: Product cover images may vary from those shown
