Transparency Market Research

Wiring Duct Market - Technological Advancements in North America Put Regional Market at Forefront

Wiring Duct Market is anticipated to expand at a CAGR of 4.6% during the forecast period and reach value of US$ 524.3 Mn by 2027; global market for Wiring Duct is expected to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

 

Albany, NY -- (SBWIRE) -- 04/29/2019 -- Global Wiring Duct Market: Overview

This comprehensive report by Transparency Market Research analyzes the wiring duct market at the global and regional levels. The report provides analysis for the period from 2017 to 2027, wherein 2018 is considered the base year and 2019–2027 is the forecast period. An in-depth and unbiased market assessment has been made to offer readers comprehensive and accurate analysis. The report analyzes all major trends that are likely to influence the global wiring duct market from 2019 to 2027. It also analyzes driving factors, restraining factors, and opportunities for the market. The study provides a perspective on the wiring duct market, in terms of value (US$ Mn) and volume (thousand units), across five regions: Asia Pacific, South America, North America, Middle East & Africa, and Europe.

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The report includes detailed value chain analysis, which is focused on providing a widespread view of the global wiring duct market. The value chain analysis section includes a list of active market participants, marketing channel analysis, and market positioning. The report also includes wiring duct production analysis and forecast as well as the manufacturing cost analysis. Porter's five forces analysis has also been provided in the report to help understand the competition scenario of the market. The study incorporates market attractiveness analysis, wherein product and application segments have been benchmarked based on their market size, growth rate, and attractiveness. The report also includes attractiveness analysis of the market in every region in order to help understand the competition scenario of the market.

The overview section of the report analyzes market trends and dynamics that include drivers, restraints, and the current and future opportunities for the global wiring duct market. Market outlook analysis has also been provided in the report. Additionally, the report offers analysis of business strategies adopted by key players operating in the global wiring duct market. The introduction chapter provides a snapshot of different trends in the global wiring duct market.

Global Wiring Duct Market: Scope of Report

In terms of product type, the global wiring duct market has been segmented into slotted wire duct, solid-wall wire duct, flexible wire duct, and others (including DIN rail ducts). Furthermore, the slotted wire duct segment has been sub-divided into wide-slotted wire duct, narrow-slotted wire duct, and round-hole wire duct. Based on application, the market has been divided into commercial and industrial. The commercial segment comprises wiring ducts used in IT hubs, network cabling systems, data centers, telecom industry, office spaces, hospitals, and other retail complexes. The report provides region-wise segmentation of the global wiring duct market and categorizes it at various levels, thereby providing valuable insights at micro and macro levels.

The report also highlights the competition scenario of the global wiring duct market, thereby ranking all major market players according to their geographical presence and key developments. Insights for the global market is a result of extensive primary interviews, secondary research, and in-house expert panel reviews. The market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

In terms of country, the market in North America has been classified into the U.S., Canada, and Rest of North America. The Europe market has been categorized into Germany, France, the U.K., and Rest of Europe. The Asia Pacific market has been segmented into China, Japan, Taiwan, South Korea, and Rest of Asia Pacific. Middle East & Africa covers GCC, South Africa, and Rest of Middle East & Africa. South America comprises Brazil and Rest of South America. This report provides all strategic information required to understand the global wiring duct market along with product and application segments of the market. Additionally, the report provides insights into the market across all regions.

Global Wiring Duct Market: Research Methodology

The research methodology is a combination of primary research, secondary research, and expert panel reviews. Secondary sources include annual reports, company websites, SEC filings, investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, and statistical databases.

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Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the wiring duct market across different regions. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is discussed and examined by TMR's expert panel.

Global Wiring Duct Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global wiring duct market. Market players have been profiled in terms of attributes such as company overview, financial overview, SWOT analysis, business strategies, and recent developments. Key players operating in the global wiring duct market are ABB Ltd, Hager Group, Panduit Corporation, Hua Wei Industrial Co., Ltd., OMEGA Engineering, Inc., Phoenix Contact GmbH & Co. KG, and Hammond Manufacturing. These companies focus on expanding their business through strategic acquisitions and partnerships with several end-use industries.