Cable Management Market Growing at 12.4% CAGR Globally to 2022

“Cable Management Market to Reach $25.1 Billion, Globally, by 2022”
According to MarketIntelReports, “Cable Management Market 2022″ has high demand for network cable wiring in IT corporations and Telecommunications during 2015-2022

The cable management refers to insulation and installation of cables in communication systems or electronic devices for avoiding any damaging situations. There is high demand for design which is efficient, quality oriented and highly functional. There is high scope for the Cable Management Market in various regions across the globe during 2015-2022.

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Scope and Regional Forecast of the Cable Management Market:

The Cable Management Market has its applications in IT for data centers, in telecommunications industry for high speed connectivity, heat and temperature resistance solutions for automotive and aerospace industry and others during 2015-2022.

In the Cable Management Market, Asia Pacific is the high potential region with huge scope of applications in various end user industries in this region. China and India are the major markets with developing industries, IT, telecommunications, marine, construction and other end users during 2015-2022.

Companies are investing for R&D for better cabling components and system in the Cable Management Market. The BRICS countries are heavily investing in this market for the development of the infrastructure of this region during 2015-2022.

The Cable Management Market is a rapidly growing market with high production of cable containment for varied types of wires for different end user applications in various regions across the globe. This market is expected to witness high growth owing to the increase in production of rack wire and rack cabling and other wiring components, high R&D expenditure for efficient methods for management cable applications and to organize cables and rise in demand for power supply cable management, headset cable management and rack management solutions in various regions across the globe during 2015-2022.

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Segmentation and Key Players of the Cable Management Market:

The Cable Management Market is segmented into various categories by type, by end user industry and by geography as follows:

By type: Cable Trays, Cable Raceways, Cable Conduits, Cable Connectors & Glands, Cable Carriers, Cable Lugs, Cable Junction Box and others (Trunking Systems, Sleevings, Reels, and Chains)

By end user industry: IT & Telecommunication, Commercial Construction, Energy, Manufacturing & Automation, Marine, Mining, Healthcare and others (Transportation and Government)

By geography: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa)

The key players in the Cable Management Market are as follows:

  • Schneider Electric SE
  • Legrand
  • Chatsworth Products, Inc.
  • Thomas & Betts Corporation (ABB group)
  • Cooper Industries (Eaton)

High demand for horizontal cable manager and other cable management components is driving the growth of this market in various regions across the globe during 2015-2022.

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