The Global Cable Tray market 2017 research offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world.
The Report Announces the Publication of its Research Report – Global Cable Tray Market 2017-2021
The Report recognizes the following companies as the key players in the global cable tray market: Atkore International, Eaton, Legrand, Schneider Electric, and Thomas & Betts.
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Other Prominent Vendors in the market are: Chalfant Manufacturing Company, MP Husky, Oglaend System, Snake Tray, Techline Manufacturing, Hoffman, RS Pro, CE, igus, EDP, Vantrunk, Marco Cable Management, Metsec (part of Voestalpine), Unitrunk, Ellis, Niedax, Chatsworth Products, Panduit, Enduro Composites.
Commenting on Global Cable Tray Market, an analyst team said: “The latest trend gaining momentum in the market is continued consolidation of the market. The global cable tray market has been riding a wave of consolidation since the last decade. This trend is expected to continue in the coming years. The cable tray market comprises both organized and unorganized sectors. In advanced economies, such as North America and Europe, the cable tray market is mostly organized and consolidated. This is owing to the presence of safety standards and regulations, which manufacturers must comply with, in these markets.”
The Report analysts forecast the global cable tray market to grow at a CAGR of 13.7% during the period 2017-2021.
According to Global Cable Tray Market, 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.
Further, Global Cable Tray Market states that one of the major factors hindering the growth of this market is presence of other cable management systems. The presence of other cable management systems is eating into the market share of the cable trays segment. There are many cable management products available in the market such as cable raceway, cable trunking, cable conduit, cable connector, cable gland, cable chain and reel, cable lug and tools, cable duct, and others. Many of these products find applications in the same end-markets such as IT and telecommunication, power, manufacturing, construction, healthcare, and mining. In addition, vendors compete at the segment level.
The listed pricing for this Global Cable Tray Market report starts at $ 3500. Request Discount for Global Cable Tray Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/5155
Table of Contents in Global Cable Tray Market Research Report:
PART 04: Introduction
Key market highlights
Cable management systems market overview
Cable tray types
Materials used in cable trays
Cable tray accessories and supports
PART 05: Global Cable Tray Market landscape
Market size and forecast
Regulations/standards for cable tray systems
Five forces analysis
PART 06: Global Cable Tray Market segmentation by end-user
Market size and forecast
Global cable tray market in power sector
Global cable tray market in construction sector
Global cable tray market in manufacturing sector
Global cable tray market in IT and telecommunication sector
PART 07: Geographical segmentation
Cable tray market in Americas
Cable tray market in EMEA
Cable tray market in APAC
Global Cable Tray Market of 77 pages having tables and figures is available for purchase at
Global Cable Tray Market was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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