According to the latest market research study by Technavio, the global building cable management systems market is projected to grow at a CAGR of around 9% during the calculated period 2017 to 2021.
This report by Technavio offers an exhaustive analysis of the global building cable management systems market regarding revenue and developing market trends. The report also consists of an up-to-date analysis and forecasts for various market sections and all geographical regions.
Technavio research analysts classify the market based on the product type
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The top three revenue contributing product segments are discussed below:
Global building cable management systems market by cable trays: Cable trays are units or assemblies of units, and associated fittings in the form of a rigid structural system and these are used for securely fastening or supporting cables and raceways in buildings. These trays are uniquely designed that act as a bridging mechanism that allows wires and cables to spread over a longer distance. These products also have the functionality to support the structural infrastructure of a buildings’ electricity cables.
“The different raw materials that are used to manufacture cables trays include steel, aluminum, and fiber-reinforced plastics. The ladder is the most popular type of cable tray available in the market, and its advantages are excellent ventilation and drainage, affordability, and convenience in use. The extensive use of cable trays to replace conduit systems will help in the growth of this market segment during the estimated period,” says Bharath Kanniappan, a lead analyst at Technavio for research on automation.
Global building cable management systems market by raceways: The increasing adoption of raceways in office buildings and residential apartments for concealing wires or cables will fuel the growth of this market segment. Raceways are channels that allow safe passage of wires and cables, and it prevents any damage to the overall network. These systems also ensure the safety of incumbents from loose or open-ended cables without any cover and provide the flexibility to use them on walls, desks, floors, and ceilings.
Global building cable management systems market by boxes, ducts, and racks and enclosures: The widespread applications of boxes, ducts, racks and enclosures in supporting a large volume of cable network infrastructure will increase its demand in the global market. These systems find specific applications of organizing, pulling, and separating cables in a building. These products are commonly used in offices and workplaces to provide a complete cable management solution.
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The top retailers functioning in the global building cable management systems market are:
- Eaton
- Legrand
- Niedax Group
- Schneider Electric
- Thomas & Betts
The other prominent sellers in the market comprise Allied Tube & Conduit, Alpha Wire, Armorcast, Atkore International, Chatsworth Products, CommScope, Dana, Deca Cables, Domtech, General Cable, Hammond Manufacturing, Kripson Electricals, Lapp Group, Leoni, Leviton, Marco Cable Management, Metsec Cable Management, Netfloor USA, Oglaend System, Optical Cable Corporation, Panduit, TE Connectivity, and TransDelta International Industries.
A more comprehensive breakdown is available in the Technavio report named, ‘Global Building Cable Management Systems Market 2017-2021’. Technavio also customizes reports by other regions and precise sectors upon request.
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