Cable management system market will log an impressive 11.8% CAGR from 2014 to 2020

With technology consistently evolving, communication, electrical, and distribution systems have to be in sync to accommodate low- and high-voltage cables able to withstand the additional capacity offered by emerging technologies. Thus, both developed and emerging economies are contributing to the growth of the global cable management system market.Nevertheless, some of the factors that challenge the growth of this market are the presence of a large number of small companies at regional level, making the global market highly fragmented and reducing the profit margins for large players.Currently, the global market for cable management systems is more than 65% commoditized. Products such as raceways, connectors, cable trays, conduits, and floor ducts and junction boxes have been in use for more than a decade and have become regular features of infrastructure across a large number of end-use verticals.

 

In 2013, the cable tray product segment led the market and accounted for more than 20% of the total revenue in the global market. This product segment is expected to retain dominance in the next few years due to the product’s adaptability, inherent safety features, reliability, and ease of maintenance. By end use, the global market for cable management system is divided into: IT and telecom, energy and utility, logistics and transportation, manufacturing, healthcare, mining, and others (government, critical infrastructure, hospitality, residential, and retail). In 2013, North America dominated the global cable management system market, accounting for more than 25% of the revenue in the global market. This is attributed to consistent infrastructural development in the region. In the Asia Pacific and Rest of the World regions, economic development has led to rapid industrialization and upgrade of infrastructure, which is benefitting the cable management system market. 

 

Browse the full Cable Management System Market (Cable Tray, Raceway, Floor Duct and Junction Box, Cable Conduit, Cable Connectors, Cable Glands, Cable Chains and Reels, Cable Lugs and Tools, Others (Cable Tags and Route Markers)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/cable-mangement-system-market.html

 

The global cable management system is segmented as: 

 

Global Cable Management System Market, By Product Type

Global Cable Management System Market, By End-use Industry

Global Cable Management System Market, By Region

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