Cable Management Accessories Market 2021-2027
New Study Reports “ Cable Management Accessories Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027” has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “Cable Management Accessories Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Cable Management Accessories Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Cable Management Accessories Market is expected to grow from USD 1.74 billion in 2017 to USD 26.5 billion by 2026, at a compound annual growth rate (CAGR) of 9.53% during the forecast period.
Increasing investment in global energy infrastructure renewal and upgrade, double-digit growth in the infrastructure sector in developed nations, and strict cable management regulation in a premise drive cable management accessories demand.
Manufacturers in the cable management accessories sector are taking advantage of new opportunities in the aerospace industry, as the demand for weight-reducing materials in the aerospace industry is growing. Manufacturers on the cable management accessories market are thus the production of personalized and precision parts that meet the needs of aerospace engineers. In addition, companies operating in the market for cable management accessories are developing heat shrink closures which improve network capacity. Therefore, the ever-growing IT & Telecom sector propels the market for closures to heat shrinks. Additionally, tried, and tested efforts have led to splice closure technologies that support cable diameters and joint dimensions. Nonetheless, other business environment issues are slowing the growth of the company. For example, finding an acceptable marking solution for steel wires is one of the challenges for end-users in the market environment of cable management accessories.
Key Players
The report has profiled some of the Important players prevalent in the global like – Schneider Electric SE (France), Legrand S.A. (France), Thomas & Betts Corporation (Switzerland), TE Connectivity Corporation (Switzerland), HellermannTyton Group PLC (UK), Chatsworth Products, Inc. (US), Cooper Wiring Devices (US), Panduit Corporation (US), Gustav Klauke GmbH (Germany), CableOrganizer.com, LLC. (US), Anixter Inc. (US), Weidmüller Interface GmbH & Co. KG (Germany), Partex Marking Systems USA LLC. (US), and Cembre S.p.A. (Italy). These players have adopted product launch, product enhancement, and geographic expansion as their key organic growth strategy to increase increase their presence across the globe and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Cable Management Accessories.
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Market Segmentation
Market by type of cable handling accessories is divided into cable lug, cable label and heat shrink tube.
The segment of cable lug is estimated to hold the largest market share in 2017 while heat shrink tubes are expected to witness the highest CAGR over the forecast period.
The market is segmented by end-users into telecommunications, automation and IT, manufacturing , energy, logistics & transport , construction and others.
The end-user manufacturing segment is expected to dominate the market over the entire forecast period (2021-2027). Strict government legislation and compliance standards concerning cabling safety and security at the manufacturing premises result in this sector’s strong demand for cable management accessories.
Nonetheless, due to cable management requirements across power distribution / generation plants and substations, the Utilities segment is expected to record the highest CAGR during g of the prediction period.
Regional Outlook
It is projected that the global demand for cable management accessories will expand at a significant pace over the 2021-2027 forecast period. The cable management accessories industry regional research is performed for North America, Europe, Asia-Pacific, and the rest of the world.
From 2021 to 2027, North America followed by Europe is projected to dominate the demand for cable management accessories, as these regions are competitive and well-established economies. In addition, the presence of the leading multinational corporations in the region and the rapid growth of the logistics and transport sector further drives the market for cable management accessories in those regions.
During the forecast period Asia-Pacific is expected to rise at the significant CAGR. Demand for accessories for cable management is mainly concentrated in countries such as China and India that are witnessing rapid urbanization pace and growth in the construction sector. This phenomenon has fuelled demand for cable management products, as demand for electricity is expected to double with increased urbanization. In addition, there is a growing demand for quality electrical infrastructure which will serve potential demands for electricity.
Key Stakeholders
Cable Management Accessories Market Manufacturers
Cable Management Accessories Market Distributors/Traders/Wholesalers
Cable Management Accessories Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/cable-management-accessories-market-7401
1 Report Prologue
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.3 Market Structure
3 Research Methodology
….
10 Company Profile
10.1 Schneider Electric SE
10.1.1 Company Overview
10.1.2 Financials
10.1.3 Products
10.1.4 Strategy
10.1.5 Key Developments
10.2 Legrand S.A.
10.2.1 Company Overview
10.2.2 Financials
10.2.3 Products
10.2.4 Strategy
10.2.5 Key Developments
10.3 Thomas & Betts Corporation
10.3.1 Company Overview
10.3.2 Financials
10.3.3 Products
10.3.4 Key Development
10.4 TE Connectivity Corporation
10.4.1 Company Overview
10.4.2 Financials
10.4.3 Products
10.4.4 Strategy
10.4.5 Key Developments
And more
Continued…
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