Global Wire and Cable Management Market is expected to reach $42.40 billion by 2027 growing at a CAGR of 10.4% during 2019 to 2027.
Some of the key players profiled in the Wire and Cable Management Market include Atkore, Eaton, Grainger, Hellermann Tyton, Hubbell, Legrand Sa, Niedax Group, OBO Bettermann, Panduit, Pentair, Schneider Electric and Thomas and Betts.
Some of the key factors such as demand from data centers and IT facilities and rapid growth in the construction sector are the major factors driving the market growth. However, a volatile price of raw materials is restraining the market growth. Moreover, increasing demand from renewable power generation sector would provide ample opportunities for the market growth.
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Wire and Cable Management refers to management of electrical or optical cable in a cabinet or an installation. The term is used for products, workmanship or planning.
Based on end user, the commercial segment is likely to have a huge demand. Growing urban population, increasing investment in the construction sector, and need for easy-to-handle data cables in data centers are driving the commercial segment.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increased investments in renewable power sources in India and countries in South-East Asia and growing industrialization in the region.
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Cable Types Covered:
• Communication Wire & Cable
• Power Cable
Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
• Boxes & Covers
• Cable Raceway
• Cable Tray & Ladders
• Conduits & Trunking
• Glands & Connectors
• Ties, Fasteners, & Clips
• Wiring Duct
• Other Products
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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