Cable Tray Market by End-Use, Material and by Geography – Opportunities & Forecast 2016-2021
Cable Tray Market by End-Use (Power, Construction, Manufacturing, IT and Telecommunication), Material (Aluminium, Steel and Stainless Steel) and by Geography
Cable Tray Market is predicted to reach at USD 3601 Million by 2021 at a CAGR of 9.4% during the forecast period.
The global cable tray market has witnessed a substantial growth in recent years. The increased demand for cable trays by end-use industries especially construction and IT and Telecommunication industry as well as growing usage of cable conduits are the major factors which are propelling the growth of the cable tray market.
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Construction segment is expected to grow at a substantial rate during the forecast period owing to the increased construction activities in emerging economies. Also, the rise in the investment in industrial infrastructure projects will further bolster the growth of the market. Cable trays are available in numerous sizes and shapes and are capable of supporting electric power, signal, control, instrumentation as well as communication cables safely and cost-effectively.
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Asia-Pacific region is expected to grow at a substantial rate during the forecast period in the global cable tray market owing to the rise in urbanization in the region. The increase in the construction activities and significant government support to build smart cities in the emerging economies such as India and China will give a significant boost to the growth of the cable tray market in the region.
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This research report on global cable tray provides in-depth analysis of the global cable tray market based on end-use, material and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for cable tray market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
The report also profiles the major companies active in this field, including Schneider Electric, Atkore International, Eaton, Legrand, Thomas & Betts, MP Husky, Snake Tray, Techline Manufacturing, Oglaend System, Chalfant Manufacturing Company.
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Key questions this research would answer:
• Is the cable tray market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the cable tray market?
The global food safety testing market is segmented on the basis of end-use, material and geography:
Market Segmentation
Global Cable Tray Market by End-Use
• Power
• Construction
• Manufacturing
• IT and Telecommunication
Global Cable Tray Market by Material
• Aluminium
• Steel
• Stainless Steel
Global Cable Tray Market by Region
• North America
• Europe
• Asia-Pacific
• RoW
Global Cable Tray Market Competitive Landscape
• Major Players and their Market Share Analysis
• New product launches
• Mergers and acquisitions
• Collaborations, partnerships, agreements and joint ventures
Frequently Asked Question About This Report
Cable Tray Market [CGP02A-00-0719]
Which region anticipated to grow at a high CAGR during the forecast period in the Cable Tray Market?
Asia-Pacific region is anticipated to grow at a high CAGR during the forecast period in the Cable Tray Market owing to the rise in urbanization in the region. The increase in the construction activities and significant government support to build smart cities in the emerging economies such as India and China.
Construction segment is expected to dominate the Cable Tray Market owing to the increased construction activities in emerging economies.
The notable players in this Cable Tray Market are Schneider Electric, Atkore International, Eaton, Legrand, Thomas & Betts, MP Husky, Snake Tray, Techline Manufacturing, Oglaend System, Chalfant Manufacturing Company, among others.
Cable Tray Market is expected to grow at 9.4% CAGR during forecast period.
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