Selbyville, Delaware, June 03, 2020 (GLOBE NEWSWIRE) -- Global cable management system market was worth USD 16.69 billion in 2019 and is projected to grow with a CAGR of 8.2% during 2020-2026. The lucrative growth of global cable management system market is credited to global amplification of construction sector. Cable management systems are employed in underground network construction owing to high fire resistance and superior performance characteristics.
As per the report, regional scope of the market is assessed thoroughly and information pertaining to the current and projected industry share as well as growth prospects for each region over the forecast period is presented. The market is further classified into numerous segments with respect to product, material, end-use, and region. The report contains data about historic market share and estimated revenue contribution of each segment by the end of the study duration. Furthermore, the competitive hierarchy of the market has been assessed in the report, revealing information about their product offerings and strategies undertaken by them to enhance their industry stake.
As per International Construction Market Survey, annual growth rate of construction sector was 3.5% in 2017 which surged to 3.9% in 2018. Likewise, 2017 annual report of FIEC (European Construction Industry Federation) states that construction activity surpassed 1278 billion Euro in 2017. Constant growth of construction industry will positively influence the business scenario in the coming years.
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Cable management systems are used to contain and support cables during installation. They ensure easy traceability of connections and efficient management of cables. Regulatory mandates regarding code compliance and quality standardization are augmenting the product penetration, and elevating its market share.
COVID-19 influence on global cable management system market:
Though COVID-19 pandemic has disrupted the global economy, but it has emerged as an appealing opportunity for the worldwide cable management system market. As numerous nations across the globe are under lockdown and practicing social distancing, schools and offices are closed. This is boosting the demand for virtual networking infrastructure and data centers, hence stimulating the growth of cable management system market. Moreover, proliferating use of consumer electronics and semiconductors will create new growth prospects for the market players in the approaching years.
Regional hierarchy:
North America dominated the overall cable management system market in the recent past and is slated to gain decent traction during 2020-2026, on account of escalating demand from region’s IT facilities and data centers.
Meanwhile, Asia Pacific cable management system market is anticipated to register considerable growth through 2026. Ever-expanding construction sector will supplement the growth of APAC market.
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Global Cable Management System Market Product Analysis (Revenue, USD Billion, 2018-2026)
- Cable Conduits
- Boxes, Distribution Boards, and Connectors
- Cable Trunks
- Cable Trays
- Others
Global Cable Management System Market Material Analysis (Revenue, USD Billion, 2018-2026)
- Non-metallic
- Metallic
Global Cable Management System Market End-use Analysis (Revenue, USD Billion, 2018-2026)
- Healthcare
- Energy & Utilities
- Manufacturing
- IT & Telecom
- Others
Global Cable Management System Market Regional Analysis (Revenue, USD Billion, 2018-2026)
Latin America
- Mexico
- Brazil
Asia Pacific
- Japan
- India
- China
- Rest of APAC
Europe
- United Kingdom
- Germany
- Rest of Europe
North America
- Canada
- United States
Rest of world
Global Cable Management System Market Competitive Spectrum Analysis (Revenue, USD Billion, 2018-2026)
- Marco Cable Management
- Leviton Manufacturing Co. Inc.
- Legrand SA
- Houston Wire & Cable Co.
- HallermannTyton Group PLC
- Enduro Composites Inc.
- Eaton Corp.
- Chatsworth Products Inc.
- Atkore International Holdings Ltd.
- ABB Ltd.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Cable Management System Market, by Region, 2018-2026 (USD Billion)
1.2.2. Cable Management System Market, by Product, 2018-2026 (USD Billion)
1.2.3. Cable Management System Market, by Material, 2018-2026 (USD Billion)
1.2.4. Cable Management System Market, by End-use, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cable Management System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cable Management System Market Dynamics
3.1. Cable Management System Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cable Management System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cable Management System Market, by Product
5.1. Market Snapshot
5.2. Global Cable Management System Market by Product, Performance - Potential Analysis
5.3. Global Cable Management System Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
5.4. Cable Management System Market, Sub Segment Analysis
5.4.1. Cable Trays
5.4.2. Cable Trunks
5.4.3. Boxes, Connectors, and Distribution Boards
5.4.4. Cable Conduits
5.4.5. Others
Chapter 6. Global Cable Management System Market, by Material
6.1. Market Snapshot
6.2. Global Cable Management System Market by Material, Performance - Potential Analysis
6.3. Global Cable Management System Market Estimates & Forecasts by Material 2016-2026 (USD Billion)
6.4. Cable Management System Market, Sub Segment Analysis
6.4.1. Metallic
6.4.2. Non-metallic
Chapter 7. Global Cable Management System Market, by End-use
7.1. Market Snapshot
7.2. Global Cable Management System Market by End-use, Performance - Potential Analysis
7.3. Global Cable Management System Market Estimates & Forecasts by End-use 2016-2026 (USD Billion)
7.4. Cable Management System Market, Sub Segment Analysis
7.4.1. IT & Telecom
7.4.2. Manufacturing
7.4.3. Energy & Utilities
7.4.4. Healthcare
7.4.5. Others
Chapter 8. Global Cable Management System Market, Regional Analysis
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