DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Cable Tray Market 2017-2021" report to their offering.
Analysts forecast the global cable tray market to grow at a CAGR of 13.7% during the period 2017-2021.
Global Cable Tray Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The latest trend gaining momentum in the market is continued consolidation of the market. The global cable tray market has been riding a wave of consolidation since the last decade. This trend is expected to continue in the coming years. The cable tray market comprises both organized and unorganized sectors. In advanced economies, such as North America and Europe, the cable tray market is mostly organized and consolidated. This is owing to the presence of safety standards and regulations, which manufacturers must comply with, in these markets.
One of the major drivers for this market is rising popularity over cable conduits. Cable conduits have been the preferred choice for industrial plants and commercial buildings. However, cable trays are gaining popularity due to their design flexibility, simplicity, and lower installation cost. Depending on the type of circuits and the wiring density, the incorporation of a cable tray wiring system may result in up to 60% cost reduction as compared to the conduit wiring system. The cable tray wiring system saves costs in design, material procurement, installation, and maintenance areas.
Key Vendors:
- Atkore International
- Eaton
- Legrand
- Schneider Electric
-
Thomas & Betts
Other Prominent Vendors:
- Chalfant Manufacturing Company
- MP Husky
- Oglaend System
- Snake Tray
- Techline Manufacturing
- Hoffman
- RS Pro
- CE
- igus
- EDP
- Vantrunk
- Marco Cable Management
- Metsec (part of Voestalpine)
- Unitrunk
- Ellis
- Niedax
- Chatsworth Products
- Panduit
-
Enduro Composites
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/424vv9/global_cable_tray