Cable trays are a safe and feasible solution for supporting requirements of electric power, signal, control, instrumentation, and communication cables. These are available in numerous styles & sizes and are considered highly useful in conditions when possibility of changes in wiring systems is expected. New cables can be installed by laying them in the tray, instead of pulling them through a pipe. Cable tray wiring systems are preferred over equivalent conduit wiring systems in terms of safety, dependability, space, and cost.
The global market for cable trays is characterized by supply of cable trays that have good tensile strength and heavy load carrying capacity. Manufacturers of cable trays manufacture products that have reliable characteristics and effective functionality. Cable trays are highly preferred by end consumers as they provide ease of maintenance in cable management system. The global demand for cable trays is expected to grow prominently due to requirement in the telecom industry. The telecom market segment is anticipated to sustain the growing demand for cable trays over the forecast period 2017-2025.
One of the major drivers for this market is rising popularity over cable conduits. Cable conduits have been the preferred choice for industrial plants and commercial buildings. However, cable trays are gaining popularity due to their design flexibility, simplicity, and lower installation cost. Depending on the type of circuits and the wiring density, the incorporation of a cable tray wiring system may result in up to 60% cost reduction as compared to the conduit wiring system. The cable tray wiring system saves costs in design, material procurement, installation, and maintenance areas.
In this market study, analysts have estimated the Americas to dominate the cable tray market during the forecast period. High consumption rates in major end-verticals such power, construction, manufacturing, and IT and telecommunication are driving the growth momentum in this region. The US is the largest revenue contributor to the cable tray market in North America. The majority of the cable tray demands in the US comes from the upgrading and maintaining assignments of the electrical and communication network infrastructure. Other countries such as Canada and Mexico will also contribute significantly to the revenue of the cable trays market in the next few years.
The Cable Tray market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cable Tray.
This report presents the worldwide Cable Tray market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Atkore International
Eaton
Legrand
Schneider Electric
Thomas & Betts
Cable Tray Breakdown Data by Type
Ladder Type Cable Trays
Solid Bottom Cable Trays
Trough Cable Trays
Channel Cable Trays
Wire Mesh Cable Trays
Single Rail Cable Trays
Cable Tray Breakdown Data by Application
Power
Construction
Manufacturing
IT & Telecommunication
Cable Tray Production by Region
United States
Europe
China
Japan
Other Regions
Cable Tray Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Cable Tray status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Cable Tray manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Cable Tray :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cable Tray market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Cable Tray . Industry analysis & Market Report on Cable Tray is a syndicated market report, published as Global Cable Tray Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Cable Tray market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.