Florida, February 13, 2018: The cable management system market is expected to exceed more than US$ 34 Billion by 2024; Growing at a CAGR of more than 9.6% in the given forecast period.

    Cable management is refers to the setting up of all equipment to secure cables for electrical services in a building. Cable management is essential in power distribution, communications and information technology. Cable management guarantees the traceability of particular connections in order that they will be valid for code compliance and alternative quality mandates by the regulatory authorities. Cable bend radius, weight and diameter are the key parameters effecting cable management.

    Cable management system market deals with the setting up or installing different cable management tools so as to shield cables for data electrical services or digital communication in a building, vehicle, organization and industry. A correct installation or deployment of cable management tools helps in traceability of specific connections for their validation in terms of code and quality conformity as started by the regulatory authorities. Cable management delivers end users with different benefits include increase adaptability and low maintenance, enhanced safety and reduction labor and operational cost.

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    The major driving factors of cable management system market are as follows:

    Rising construction industry will be seen as the main driving factor for the cable management system market globally.
    Increasing demand for different bandwidth requirements.
    High acceptance of cable trays as an alternative for cable management systems.

    The restraining factors of cable management system market are as follows:

    Continuous instability of raw material costs is expected to be restraining the market growth.

    The cable management system market is segmented on the lines of its product, material, end user and regional. Under product segmentation it covers cable duct, cable lug and tools, cable chain and reel, cable gland, cable connector, cable conduit, cable trucking, raceway, cable tray and others such as cable tags and route markers. Based on material segmentation the cable management system market covers metallic and non metallic. End user segmentation covers construction, oil and gas, mining, logistics and transportation, healthcare, energy and utility, manufacturing and IT and telecom. The construction end user is further segmented into residential and commercial. The cable management system market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for cable management system and related technologies.
    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for cable management system.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Schneider Electric SE, Legrand SA, Thomas & Betts Corporation (ABB Ltd.), HellermannTyton Group PLC, TE Connectivity Ltd., Marco Cable Management, Chatsworth Products, Inc., Cooper Wiring Devices (Eaton Corporation), Allied Tube & Conduit (Atkore International Holdings Ltd), Niedax Group, Vantrunk International, Panduit Corp., Leviton Manufacturing Co. Inc. and Enduro Composites Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Table of Contents

    chapter 1 INTRODUCTION

    Chapter 2 Executive Summary

    Chapter 3 Global Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 4 North America Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 5 Europe Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 6 Asia Pacific Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 7 Middle East & Africa (MEA) Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 8 Latin America Cable Management System Market Analysis, 2014 – 2024 (US$ Bn)

    Chapter 9 Global Cable Management System Market, Country Snippets (US$ Bn)

    Chapter 10 Company Profiles

    10.1 Schneider Electric SE

    10.2 Legrand SA

    10.3 Thomas & Betts Corporation (ABB Ltd.)

    10.4 HellermannTyton Group PLC

    10.5 TE Connectivity Ltd.

    10.6 Marco Cable Management

    10.7 Chatsworth Products, Inc.

    10.8 Cooper Wiring Devices (Eaton Corporation)

    10.9 Allied Tube & Conduit (Atkore International Holdings Ltd)

    10.10 Niedax Group

    10.11 Vantrunk International

    10.12 Panduit Corp.

    10.13 Leviton Manufacturing Co., Inc.

    10.14 Enduro Composites, Inc.



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    Source: http://www.financeswire.com/cable-management-system-market-is-supposed-to-reach-us-34-billion-by-2024