Cable Management System Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

  • TBI325044
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Global Cable Management System Market

The global Cable Management System market size is projected to reach US$ 28.98 billion by 2026, from US$ 18.06 billion in 2020, at a CAGR of 8.2% during 2021-2026. Increased adoption of cable management systems in the industrial and commercial sectors to fulfill the need for improved aesthetics, safety, and functional flexibility has played a pivotal role in the development of the market. Government regulations and standards such as IEC SC 23A, NFPA 70, and EN 61537,which focus on management of power and communication cable, are boosting the demand for these systems in industries such as healthcare, IT & telecom, and construction. Rapid technological advancements in communication networks have enabled users to obtain information regarding location of system connections and system capacities as well as maintain database in the devices. Cable management systems help minimize planning process by properly maintaining documented physical networks. By reassigning surplus items, they aid in improving the lifecycle of data assets of telecommunications. These systems also manage telecommunication inventory to facilitate organizational efficiency. They provide telecommunication professionals with high-quality voice, video, and data signals. They refer to arrangement of wires that are used for electrical services and communication service in a building. Cable management systems play a significant role in information technology (IT), communications, and power distribution as they help maintain a proper track of cables running in a building structure. Cables are used to supply power to air-conditioners in residential and commercial buildings. They are used in underground network construction, owing to their high resistance and enhanced fire performance properties. Increasing housing and infrastructure development, owing to widening base of population, has been bolstering the growth of the construction sector. This, in turn, is augmenting the market. Several developing countries have announced smart city initiatives, wherein large amounts are invested in smart homes. Smart homes include entertainment and lighting control systems and also offer proper power supply protection, better aesthetics, and safety measures such as alarm systems and access control, which requires proper cable management.

Market Segmentation, Outlook & Viewpoint: Global Cable Management System Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Cable Trays
  • Cable Trunks
  • Boxes, Connectors, and Distribution Boards
  • Cable Conduits
  • Others

Material Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Metallic
  • Non-metallic

End Use Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • IT & Telecom
  • Manufacturing
  • Energy & Utilities
  • Healthcare
  • Oil & Gas
  • Public Infrastructure
  • Commercial
  • Residential
  • Others

Key Players, Recent Developments & Regional Insights: Global Cable Management System Market

Based on product, the market has been segmented into cable trays; cable trunks;boxes, connectors, and distribution boards; cable conduits; and others. Conduits dominated the market in 2017 owing to its wide adoption in end-use industries such as manufacturing, oil & gas, healthcare, and public infrastructure. Numerous benefits such as competitive lifecycle costs, EMI shielding, high tensile strength, and physical protection to conductors are likely to fuel the demand for these conduits over the forecast period. Technological advancements coupled with changes in government and organizational regulations for management of cables are contributing to the growth of the overall market. For instance, the U.S. government released a cable management systems standard, IEC SC 23A, for proper management of information and communication lines. All types of cables and electrical power distribution conductors and associated accessories. This management includes retention, containment, support, and protection against external influences.

End Use Insights

Based on end use, the market has been divided into IT & telecom, manufacturing, energy & utilities, healthcare, oil & gas, public infrastructure, commercial, residential, and others. Spiraling demand for data communications and soaring need for high-performance data cabling in the IT & telecom industry are anticipated to spur the growth of the market over the forecast period. In the telecommunication industry, the largest sector is made up of wired telecommunications carriers, which uses management systems while installing cable networks. Moreover, increasing demand for cable connectors and heat shrinks in power network, renewable energy network, underground power network, solar plants, and wind turbines, owing to resistance against continuous sunlight, flames, and extreme temperatures, are estimated to bolster the growth of the market over the forecast period.

Material Insights

Based on materials, the cable management system market has been bifurcated into metallic and non-metallic. Increasing use of metallic cable management products in end-use industries, such as healthcare, oil & gas, and manufacturing, is poised to stir up the demand for metallic management products over the forecast period. This can be attributed to their ability of protecting hydraulic & pneumatic hoses, instrumentation tubing, and sensor in corrosive environments. Surging demand for non-metallic cable management products in industries such as electrical, pharmaceutical, chemical, and oil & gas is projected to contribute to the growth of the non-metallic segment over the forecast period, owing to their excellent resistance to chemicals, high temperatures, and high tensile strength properties. These products are ideal for harsh and extreme conditions for both industrial and commercial applications. They also offer features such as corrosion resistance and ultra-violet ray resistance.

Regional Insights

The market in North America and Europe is mature owing to high investments made in infrastructure projects. Burgeoning adoption of management systems for maintaining proper track of data and power cables and need for high-performance data cables in the IT & telecom industry are expected to propel the market. Government initiatives for time-bound construction of excellent infrastructure in developing countries are fostering the growth of the construction sector, which in turn is working in favor of the market. Various Asia Pacific countries, Indonesia for instance, are witnessing upswing in numerous residential and commercial projects, undertaken by major construction firms, including Jakarta City Administration, Indonesia Ministry of Public Works, and PT Jakarta Monorail. This is likely to benefit the growth of the market in APAC.

Cable Management System Market Share Insights

Key players operating in the market include ABB Ltd.; Atkore International Holdings Ltd.; Chatsworth Products, Inc.; Eaton Corporation;Legrand SA; and Enduro Composites, Inc. In December 2017, Thomas & Betts, a subsidiary of ABB Ltd., designed a new tray combo that is easy to install and has a tight cable hold while installation. This design fits all standard sizes and guides the tray vertically as well as horizontally with no rotation. Furthermore, a number of key players are investing large amounts in research and development activities to develop and offer cost-effective and reliable management systems. ABB Ltd. holds a significant market share owing to its large number of production facilities. The company focuses on developing innovative products and distributes them through its distribution network that spans across countries such as the U.S., Germany, China, and Brazil.

Key Insights Covered: Global Cable Management System Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Cable Management System industry. 2. Global major manufacturers" operating situation (sales, revenue, growth rate and gross margin) of Cable Management System industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Cable Management System industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Cable Management System industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Cable Management System industry.

Research Methodology: Global Cable Management System Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
1.1 Objective
1.2 Research Scope
    1.2.1 Segment Market Scope
    1.2.2 Regional Scope
    1.2.3 Estimates & Forecast Timeline
1.3 Methodology
    1.3.1 Model Details
    1.3.2 List Of Data Sources
        1.3.2.1 List of secondary sources
        1.3.2.2 List of primary sourcesChapter 2 Executive Summary
2.1 Cable Management System - Market definition
2.2 Cable Management System - Industry Snapshot and Key Buying Criteria, 2014 - 2025
2.3 Global Cable Management System Market, 2014 - 2025
    2.3.1 Global Cable Management System Market, By E
|  read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form