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.
In 2019, the market size of Cable Tray is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Cable Tray, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Cable Tray production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Atkore International
Eaton
Legrand
Schneider Electric
Thomas & Betts
...
Market Segment by Product Type
Ladder Type Cable Trays
Solid Bottom Cable Trays
Trough Cable Trays
Channel Cable Trays
Wire Mesh Cable Trays
Single Rail Cable Trays
Market Segment by Application
Power
Construction
Manufacturing
IT & Telecommunication
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Cable Tray status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Cable Tray manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Cable Tray. Industry analysis & Market Report on Cable Tray is a syndicated market report, published as Global (United States, European Union and China) Cable Tray Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Cable Tray market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.