Pune, April 10, 2023 (GLOBE NEWSWIRE) -- Maximize Market research, a global Energy & Power market research firm, has published competitive intelligence and market research report on “Cable Management Market”. The Cable Management market size was valued at USD 23.30 Bn in 2022. The total Cable Management Market revenue is expected to grow at a CAGR of 7.87 percent from 2023 to 2029, reaching USD 39.6 Bn during the forecast period.
| Market Size in 2022 | USD 23.30 Bn |
| Market Size in 2029 | USD 39.6 Bn |
| CAGR | 7.87 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 270 |
| No. of Tables | 127 |
| No. of Charts and Figures | 129 |
| Segment Covered | By Type and End-Users |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Cable Management Market Scope and Research Methodology
The report includes a detailed analysis of the Cable Management Market by local, regional, and global presence along with the market size and estimations over the forecast period. Analysis was conducted for a better understanding of Cable Management Market penetration, competitive structure, pricing, and demand analysis.
Major players in the market are included in the report based on the revenue generated, financial conditions, social media presence, and recent developments in the Cable Management market. SWOT and PESTLE analysis tools were used for a better understanding of strengths, weaknesses, and new opportunities in the Cable Management market. The bottom-up approach was used for Cable Management market estimation, which was validated by segments. . Primary research was conducted to verify the resulted derived from the research on the Cable Management Market.
Cable Management Market Overview
Cable Management is the management of electrical or optical cable in a cabinet. Cables can be easily tangled and can be unplugged as one attempts to move a cable accidentally. Cable management supports and makes subsequent maintenance of the cable system easier. Color-coding of cables is used to keep track on wires.
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Technological advancement and commercialization of renewable energy is expected to influence the Cable Management Market growth
Development in telecommunication, infrastructure, and need for maintenance of technology significantly contributes to the growth of Cable Management Market. Focus on the development of new products from the manufacturer for the improvement of system beyond the origins is expected to fuel the market growth. Initiative are taken by the companies for the management of solar energy and hydroelectric power generation.
There is demand for high-speed connectivity, large bandwidth, and centralization of data due to advancement in technology. Awareness among the public has increased and helps for the growth of Cable management. Cable management is effective in universal enclosure ranges to make easy access for the operators. Shift towards robotic cable management with advancement presents a lucrative opportunity for the Cable Management Market. Benefits of cable management are reduces time, limits interferences, and protect cables from damages.
Fluctuations in the price of raw material with wide distribution of raw material suppliers is expected to restrain the Cable Management market growth.
Asia Pacific region is expected to boost the Cable Management Market growth
Investments in infrastructure and construction industry in region is expected to boost the regional economy. India, China, and Russia are the developing countries in the region to contribute significantly in the market growth. Development in the region makes key players to invest in the market. Industrialization in the region is expected to drive the Cable Management market growth in the region.
European and North America region is expected to influence the market growth. Adoption of management system for the tracking of data and power cables in IT sector is expected to fuel the Cable Management market growth. Lifestyle and living standard has increased in the region in residential as well as commercial sectors.
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Cable Management Market Segmentation
Based on type, Cable Conduits segment is expected to boost the Cable Management market growth
Conduits is a group of tubes to protect electrical wires in buildings and other infrastructure. It also protects from environmental hazards and factors like moisture, and vapors.50 percent of manufacturers in America use steel conduits. Cable trays are used for the distribution of power and communication. These cable are flexible with technological awareness and innovation.
Based on End- Users, IT & Telecommunication segment expected to influence the Cable Management market growth
Cable management is important in ICT for the placement of data and power cables with security and benefits. Metallic and Non-Metallic cable trays are used in Construction segment as it is long lasting, compatible, and flexible.
By Type:
- Cable Trays
- Cable Raceways
- Cable conduits
- Cable connectors and glands
- Cable Carriers
- Cable lugs
- Cable junction box
By End-User
- IT & Telecommunication
- Construction
- Healthcare
- Energy
- Manufacturing & automation industry
- Marine industry
- Mining Industry
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Cable Management Market Key Players Include:
- Eaton
- ABB Limited
- Schneider Electric SE
- Hellermanntyton (Aptiv)
- Atkore International
- Chatsworth Products
- Nexan
- Leviton Manufacturing Co.
- PANDUIT
- PRYSMIAN GROUP
- Enduro Composites Inc.
- Houston Wire & Cable Company
- Legrand
- Enduro Composites Inc
- Kalister
- Ascend
Kalister:
Kalister is a leading manufacturer of Cable management systems with high-quality products to be used in electrical industry. KALISTER Offers a comprehensive range of electrical products such as UPVC Conduit. ALISTER began as a Cable Management System Manufacturer in the Middle East.
Legrand:
In Legrand, cable management system helps Routing, rerouting, and branching out cables in different directions. Protect cables from heat and abrasion. The total annual revenue of the company in 2022 was USD 8.786 Bn.
Key questions answered in the Cable Management Market are:
- What is Cable Management?
- What was the Cable Management market size in 2021?
- What is the forecast period of the Cable Management market?
- What will be the Cable Management market size by 2029?
- What is the growth rate of the Cable Management Market?
- Which factors are expected to influence the Cable Management Market growth?
- What factors are expected to hamper the Cable Management Market growth?
- Which segment dominated the Cable Management Market growth?
- What is the demand pattern for the Cable Management market?
- Which region held the largest share in the Cable Management market?
- Who are the key players in the Cable Management market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Type and End User
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Energy & Power research firm, has also published the following reports:
Cable Management System Market: The total market size is expected to reach USD 36.57 Bn by 2029, at a CAGR of 8.15 percent over the forecast period. Growing construction with underground wiring is expected to boost market growth.
Ethernet Cable Market: The market size was valued at USD 11.11 Bn in 2021 and the total revenue is expected to grow at a CAGR of 13.5 percent through 2021 to 2029, reaching USD 30.60 Bn. Higher speed and lower latency with greater reliability is expected to fuel the market growth.
Cable Management Accessories Market: The total market size is expected to reach USD 3.73 Bn by 2029 with a CAGR of 6.81 percent during the forecast period. Demand for Cable Management Accessories in Aerospace and IT Sectors is expected to boost market growth.
Submarine Cable System Market: The total market size is expected to reach USD 33.33 Bn over the forecast period and it is expected to grow at the CAGR of 11.2 percent. Increasing number deployment of high-capacity communication systems is expected to boost the market growth.
Submarine Power Cable Market: The total market size is expected to reach USD 31.75 Bn by 2029 with a CAGR of 7.5 percent, during the forecast period. Growth of the submarine power cable power to offshore oil & gas platforms and offshore ocean laboratories is expected to boost the market growth.
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