Lucintel Forecasts the Global Cable Management Market to Reach $34.5 billion by 2030

According to a market report by Lucintel, the future of the global cable management market looks promising with opportunities in the IT & telecom, manufacturing, energy & utility, healthcare, oil & gas, public infrastructure, commercial, and residential markets. The global cable management market is expected to reach an estimated $34.5 billion by 2030 from $22.7 billion in 2024 ata CAGR of 7.2% from 2024 to 2030. The major drivers for this market are rising acceptance of this systems in the construction and IT & telecommunication sector and growing preference for robotic cable management.

A more than 150 – page report is developed to understand trends, opportunity and forecast in cable management market to 2030 by product type (cable trays, cable trunks, boxes, connectors, and distribution boards, cable conduits, and others), material (metallic and non-metallic), end use (IT & telecom, manufacturing, energy & utilities, healthcare, oil & gas, public infrastructure, commercial, residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel forecasts that cable conduit will remain the largest segment over the forecast period due to its widespread use in various end use sectors, such as manufacturing, public infrastructure, oil and gas, and healthcare.

Within this market, IT & telecom is expected to witness the highest growth due to rising need for high-performance data cabling and a spiraling demand for data communications.

Download sample by clicking on cable management market

North America is expected to witness highest growth over the forecast period due to rapid expansion of infrastructure projects and presence key players in the region.

ABB, Atkore International Holdings, Chatsworth Products, Eaton, Legrandare the major suppliers in the cable management market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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