Market Overview

Global Cable Tray Market 2018-2022 | Growth Analysis and Forecast | Technavio

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Technavio
analysts forecast the global cable tray market to grow at a CAGR of over 9%
during the forecast period, according to their latest market research
report.

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Technavio has published a new market research report on the global cable tray market from 2018-2022. ...

Technavio has published a new market research report on the global cable tray market from 2018-2022. (Graphic: Business Wire)

The building automation systems (BAS) is one of the major trends being
witnessed in the global
cable tray market 2018-2022
. Building automation systems that
control and monitor HVAC and other facilities of a given building are
getting improved with computing and digital communication tools, which
allow them to enhance energy efficiency.

This report is available at a USD 1,000 discount for a limited time
only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global cable tray market is the growing preference for
cable trays over conduits:

Global cable tray market: Growing preference
for cable trays over conduits

Cable conduits have been the preferred choice for cable management in
commercial and industrial facilities. They are usually of three types
including rigid metal conduit, intermediate metal conduit, and
electrical metallic tubing. Conduits enclose the cables completely and
therefore, provide excellent protection from electromagnetic
interferences.

According to a senior analyst at Technavio for research on engineering
tools, "Cable trays provide advantages over cable conduits in terms
of design complexity, installation simplicity, and low cost. Cable trays
include fewer components when compared with cable conduits and thus,
require less material."

Global cable tray market: Segmentation analysis

The global cable tray market research report provides market
segmentation by product (channel cable trays, ladder cable trays, single
rail cable trays, solid bottom cable trays, and trough cable trays), by
end-user (commercial, industrial, and residential), and by region (the
Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the three major end-users, the commercial segment held the largest
market share in 2017, contributing to over 40% of the market. This
end-user segment will dominate the global market throughout the forecast
period.

The Americas held the largest share of the market in 2017, accounting
for close to 40% share. It was followed by EMEA and APAC respectively.
The APAC region will project the highest growth during the forecast
period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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