Reports
Global Cable Trays Market Size, Share, Trends, Growth: By Type: Ladder Type, Solid Bottom, Trough Cable Tray, Channel Cable Tray, Wire Mesh, Others; By Material: Aluminium, Steel, Stainless Steel; By Finishing: Galvanised Coatings, Pre-Galvanised, Hot-Dip Galvanised; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Global Cable Trays Market Outlook
The global cable trays market is expected to grow at a CAGR of 8% in the forecast period of 2024-2032.
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Increasing Applications of Cable Trays in the Construction Sector to Bolster the Growth of the Cable Trays Industry
Based on application, the construction segment accounted for a significant share in the market and is likely to grow at a considerable rate in the forecast period. The growth can be attributed to the rising construction activities and rapid urbanisation, particularly in emerging economies. The development of residential buildings, hospitals, and shopping malls, among others is likely to propel the demand for cable trays. The ability of cable trays to adapt to complex structures owing to the product’s flexibility will further drive their demand in the segment. Meanwhile, the steady growth of the IT and telecommunications industry is expected to further aid the market in the forecast period owing to the design flexibility of cable trays.
Light-Weight, Resistance to Corrosion, and Easy Installation Likely to Propel the Demand for Aluminium Cable Trays, Bolstering the Cable Trays Industry Growth
On the basis of material, the aluminium cable trays are likely to occupy a considerable share in the market over the forecast period. Aluminium cable trays are light-weight, resistant to corrosive environments, and easy to install. Therefore, this material is preferred in various industries for a significant number of applications. Furthermore, the cost-effectiveness of the product is expected to significantly enhance its demand, thus, aiding the market growth.
Various Advantages of Hot-Dip Galvanised Cable Trays to Accelerate the Sales of the Product, Augmenting the Cable Trays Industry Growth
The hot-dip galvanised cable trays, on the basis of finishing, are likely to account for a significant share in the market. The growth can be attributed to the various advantages offered by this type of finishing, which includes resistance to environmental impacts, high maximum operating temperature, double corrosion protection, high coating strength, and high wear resistance.
The Asia Pacific Accounts for a Significant Share in the Market
The rising construction activities, rapid urbanisation, growing population, increasing disposable incomes, and the growth of the IT and telecommunications industry are some of the major factors propelling the market growth in the Asia Pacific. The growing residential construction and healthcare infrastructure in China is expected to further aid the market in the forecast period. Therefore, the Asia Pacific is likely to grow at a significant rate in the forecast period.
Cable Trays: Market Segmentation
Cable tray is defined as a component in the cable tray system that is used in the electrical wiring of buildings. These systems provide support to insulated electric cables used for power distribution, control, and communication.
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Based on type, the market is divided into:
- Ladder type
- Solid Bottom
- Trough Cable Tray
- Channel Cable Tray
- Wire Mesh
- Others
On the basis of material, the industry is segmented into:
- Aluminium
- Steel
- Stainless Steel
Based on finishing, the market is divided into:
- Galvanised Coatings
- Pre-Galvanised
- Hot-Dip Galvanised
The major applications of the product include:
- Power
- Construction
- Manufacturing
- IT and Telecommunication
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Demand for Supporting Equipment for Electrical Signals, Power, Instrumentation Control and Communication Cables in Various Industries to Boost the Growth of the Cable Trays Industry
The global cable trays industry is driven by the growing demand for supporting equipment for electrical signals, power, instrumentation control and communication cables in various industries. This requirement is fulfilled by a cable system, where cable tray is a crucial component as it provides safety, enhances space utilisation, is cost-effective, and has flexible style. The growing demand for cable trays in the construction industry is likely to fuel the global cable trays industry growth. These trays are utilised during the installation of new cables. Over the forecast period, the market is expected to be aided by the growing technological advancements in the IT and telecommunication industry.
Key Industry Players in the Global Cable Trays Market
The report gives a detailed analysis of the following key players in the global cable trays market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Schneider Electric
- Hubbell Incorporated
- Legrand SA
- Eaton Corporation plc
- Basor Electric Ltd
- Chalfant Manufacturing Co.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Material, Finishing, Application, Regions |
| Breakup by Type | Ladder Type, Solid Bottom, Trough Cable Tray, Channel Cable Tray, Wire Mesh, Others |
| Breakup by Material | Aluminium, Steel, Stainless Steel |
| Breakup by Finishing | Galvanised Coatings, Pre-Galvanised, Hot-Dip Galvanised |
| Breakup by Application | Power, Construction, Manufacturing, IT and Telecommunication, Others |
| Breakup by Regions | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Schneider Electric, Hubbell Incorporated, Legrand SA, Eaton Corporation plc, Basor Electric Ltd, Chalfant Manufacturing Co., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as a n attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cable Trays Market Analysis
8.1 Key Industry Highlights
8.2 Global Cable Trays Historical Market (2018-2023)
8.3 Global Cable Trays Market Forecast (2024-2032)
8.4 Global Cable Trays Market by Type
8.4.1 Ladder Type
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Solid Bottom
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Trough Cable Tray
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Channel Cable Tray
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Wire Mesh
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Cable Trays Market by Material
8.5.1 Aluminium
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Steel
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Stainless Steel
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Cable Trays Market by Finishing
8.6.1 Galvanised Coatings
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pre-Galvanised
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Hot-Dip Galvanised
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Cable Trays Market by Application
8.7.1 Power
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Construction
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Manufacturing
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 IT and Telecommunication
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Cable Trays Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Cable Trays Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cable Trays Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cable Trays Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cable Trays Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cable Trays Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Schneider Electric
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Hubbell Incorporated
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Legrand SA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Eaton Corporation plc
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Basor Electric Ltd
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Chalfant Manufacturing Co.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cable Trays Market: Key Industry Highlights, 2018 and 2032
2. Global Cable Trays Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Cable Trays Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Cable Trays Historical Market: Breakup by Material (USD Billion), 2018-2023
5. Global Cable Trays Market Forecast: Breakup by Material (USD Billion), 2024-2032
6. Global Cable Trays Historical Market: Breakup by Finishing (USD Billion), 2018-2023
7. Global Cable Trays Market Forecast: Breakup by Finishing (USD Billion), 2024-2032
8. Global Cable Trays Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Cable Trays Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Cable Trays Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Cable Trays Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Cable Trays Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Cable Trays Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Cable Trays Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Cable Trays Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Cable Trays Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Cable Trays Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Cable Trays Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Cable Trays Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Cable Trays Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Cable Trays Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Cable Trays Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 8% between 2024 and 2032.
The major drivers of the market are rising demand from the IT and telecommunication industry, growing construction activities, and increasing disposable income.
The key trends guiding the growth of the market include easy installation of cable trays, resistance to corrosion, and the ability to adapt to complex structures.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of cable trays in the market are power, construction, manufacturing, and IT and telecommunication, among others.
The various finishings for cable trays in the market are galvanised coatings, pre-galvanised, and hot-dip galvanised.
The types of cable trays in the market are ladder type, solid bottom, trough cable tray, channel cable tray, and wire mesh, among others.
Materials used in cable trays are aluminium, steel, and stainless steel.
A cable tray is a mechanical support system that is used in the electrical wiring of buildings and supports insulted electric cables used for power control, communication, and distribution.
The major players in the global cable trays market are Schneider Electric, Hubbell Incorporated, Legrand SA, Eaton Corporation plc, Basor Electric Ltd, and Chalfant Manufacturing Co., among others.
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