The market will exhibit equally high growth prospects, expanding at a CAGR of 7.2%. The market is expected to rise to a valuation of US$2.23 bn by 2024.
Albany, NY -- (SBWIRE) -- 09/12/2016 -- This report on the global cable management accessories market provides analysis for the period from 2014 to 2024, wherein 2015 is the base year and 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the cable management accessories market over the forecast period from 2016 to 2024. It also highlights various drivers, restraints, and opportunities expected to influence the market's growth during the said period. The study provides a holistic perspective on market growth throughout the forecast period in terms of revenue estimates (in US$ Mn) across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LATAM). Major countries encompassed in the scope of study are the U.K., the U.S., Germany, France, China, India, Saudi Arabia, Brazil and others. A detailed synopsis has been included along with the growth trends under the country snippet segment.
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Cable management accessories are primarily used where large number of wiring connections are required, for instance, in IT, automation industry, telecom sector, and manufacturing and assembly plants. Continued investments in infrastructure and growing global energy demand have further increased the demand for cable management accessories across different industrial verticals. Moreover, renewal and up-gradation of existing networks in mature economies have further positively influenced the growth characteristics of the cable management accessories market. On the contrary, volatility in raw material prices and high fragmentation at regional levels are posing a significant threat for cable management accessories manufacturers.
This research report provides in-depth analysis of the global cable management accessories market on the basis of end use industry encompassing following end-use industry verticals: IT & telecom, manufacturing, energy & utility, health care, logistics & transportation, mining, oil & gas, and construction. The construction sector is further sub-categorized into residential and commercial infrastructure. In addition, this research report also provides in-depth analysis of the global cable management accessories market based on following product types: cable lug, cable marker, and heat shrink tube.
Based on geographical regions, the report segments the global cable management accessories market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America; the regions are analyzed in terms of revenue generation. The report provides cross-sectional analysis of the global cable management accessories market in terms of market estimates and forecasts for all segments across different geographic regions.
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The report also includes competitive profiling of major players engaged in the development of cable management accessories. The major business strategies adopted by these players, their market positioning, and their recent developments have also been identified in the research report. This report also provides market positioning analysis of the major players in the cable management accessories market based on their 2015 revenues. Some of the major players profiled in the report include Schneider Electric SE, Legrand SA, Thomas & Betts Corporation (ABB Ltd.), HellermannTyton Group PLC, TE Connectivity Ltd., Chatsworth Products, Inc., Cooper Wiring Devices (Eaton Corporation), Gustav Klauke GmbH, Partex Marking Systems USA, CableOrganizer.com, LLC,. Cembre S.p.A., Anixter Inc., Weidmuller Interface GmbH & Co. KG, and Panduit Corp.
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