Global $30.81 Billion Cable Management Market 2018-2023 – Segmented by Product, Material and Application – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Cable Management Market – Segmented by Product (Trays, Ladders, and
Glands), Material (Metallic and Non-Metallic), Application (IT and
Telecom, Healthcare, Energy and Utility) & Region – Growth, Trends &
Forecast (2018 – 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The cable management market was valued at USD 16.19 billion in 2017, and
is expected to reach a value of USD 30.81 billion by 2023 at a CAGR of
10.91%, over the forecast period (2018-2023).

The increasing demand for network and facilities and the volume of
cables being installed have grown drastically. The deployment of
high-capacity networks have resulted in complicated cable installations
across many verticals. Thus, the need for proper management systems has
become important. This growing need for cable management systems has
pushed companies to offer different kinds of solutions, thus driving the
overall market. With the growing investments in various sectors,
organizations are now focusing on renovating and upgrading existing
infrastructure, to build better support for operations. Thus, the
installations of cables have grown in the past few years.

Moreover, with the demand for high-speed connectivity growing in the IT
and telecom industry, companies are focusing on providing reliable
services. The deployment of new cables to support communication services
is resulting in the demand for cable management solutions. However,
fluctuating requirements in the electrical and utility industries are
challenging the market growth. Also, competition from local players in
developing nations is disrupting the growth in these regions, thus
affecting the overall growth of the market.

Other Key Highlights

  • Upgradation and Renewal of Existing Networks in Developed Economies
    will Drive the Market Growth
  • High Demand for Better Infrastructure will Provide Opportunities for
    Cable Management Systems
  • North America Accounted for the Largest Share in the Market

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Insights

4. Global Cable Management Market Segmentation

5. Competitive Intelligence – Company Profiles

  • Chatsworth Products, Inc.
  • Hellermann Tyton
  • Legrand SA
  • Leviton Manufacturing Co. Inc.
  • Marco Cable Management
  • NIEDAX GROUP
  • Panduit
  • Schneider Electric SE
  • TE Connectivity Ltd
  • Thomas & Betts Corporation
  • Vantrunk International

6. Investment Analysis

7. Future of the Global Cable Management Market

For more information about this report visit https://www.researchandmarkets.com/research/zxpklf/global_30_81?w=4

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Related
Topics: Telecommunications
and Networks
, Utilities,
Medical
Devices
, Wire
and Cables