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Global Cable Trays Market: By Type: Ladder Type, Solid Bottom, Trough Cable Tray, Channel Cable Tray, Wire Mesh; By Material: Aluminium, Steel, Others; By Finishing; By Application; Residential, Commercial; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Cable Trays Market Outlook
The global cable trays market is expected to grow at a CAGR of 8% in the forecast period of 2022-2027.
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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 | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Cable Trays Market Analysis
8.1 Key Industry Highlights
8.2 Global Cable Trays Historical Market (2017-2021)
8.3 Global Cable Trays Market Forecast (2022-2027)
8.4 Global Cable Trays Market by Type
8.4.1 Ladder Type
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Solid Bottom
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Trough Cable Tray
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Channel Cable Tray
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Wire Mesh
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Others
8.5 Global Cable Trays Market by Material
8.5.1 Aluminium
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Steel
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Stainless Steel
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Cable Trays Market by Finishing
8.6.1 Galvanised Coatings
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Pre-Galvanised
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Hot-Dip Galvanised
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.7 Global Cable Trays Market by Application
8.7.1 Power
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Construction
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Manufacturing
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 IT and Telecommunication
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Others
8.8 Global Cable Trays Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Schneider Electric
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Hubbell Incorporated
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Legrand SA
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Eaton Corporation plc
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Basor Electric Ltd
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Chalfant Manufacturing Co.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Cable Trays Market: Key Industry Highlights, 2016 and 2026
2. Global Cable Trays Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Cable Trays Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Cable Trays Historical Market: Breakup by Material (USD Billion), 2017-2021
5. Global Cable Trays Market Forecast: Breakup by Material (USD Billion), 2022-2027
6. Global Cable Trays Historical Market: Breakup by Finishing (USD Billion), 2017-2021
7. Global Cable Trays Market Forecast: Breakup by Finishing (USD Billion), 2022-2027
8. Global Cable Trays Historical Market: Breakup by Application (USD Billion), 2017-2021
9. Global Cable Trays Market Forecast: Breakup by Application (USD Billion), 2022-2027
10. Global Cable Trays Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Cable Trays Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Cable Trays Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Cable Trays Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Cable Trays Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Cable Trays Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Cable Trays Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Cable Trays Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Cable Trays Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Cable Trays Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Cable Trays Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Cable Trays Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. Global Cable Trays Market Structure
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