Industry revenue for Wire And Cable Management is expected to rise to $45.3 billion by 2030 from $24.4 billion of 2023. The revenue growth of industry players is estimated to average at 9.2% annually for period 2023 to 2030. Growing end-industries in major countries like U.S., Germany and China, is driving the market demand towards short-term peak; and with such a growth trajectory, Wire And Cable Management's from component suppliers to service providers is expected to evolve shift towards integration. Recent market developments indicate that leading market players are making the strategic market advancements in frontier markets including Brazil, South Africa and Indonesia.
Industry Leadership and Strategies
Companies such Panduit, Legrand, Schneider Electric, ABB, Eaton, HellermannTyton, Hubbell, Thomas Betts, TE Connectivity, OBO Bettermann, Niedax Group and Atkore International are well placed in this market’s competition, which is intensely competitive at application scale.
Application Area | Leading Providers | Provider Strategies |
Data Centers | Panduit, HellermannTyton | Developing modular and high-density cable management systems for efficient space use |
Industrial Automation | Schneider Electric, ABB | Providing durable solutions to support automated environments and prevent interference |
Infrastructure | Legrand, Eaton | Offering eco-friendly products and corrosion-resistant options for infrastructure projects |
Industry Transitions
The use of cable organization options is becoming increasingly popular because of their adaptability and simple setup process. These methods prove advantageous in settings like data centers and industrial sites where there is a frequent need for quick adjustments, in cable arrangements.
The sector responsible for organizing cables is now more inclined towards methods, like utilizing recyclable materials and minimizing plastic usage to support environmental objectives and attract environmentally aware consumers.
Access report details here - https://datastringconsulting.com/industry-analysis/wire-and-cable-management-market-research-report
Segment | Subsegment |
Product Type | Cable Trays Cable Conduits Raceways Cable Glands Junction Boxes Clamps Ties Labels |
End-User | Industrial Commercial Residential IT Telecom Utilities Healthcare |
Material | Metallic Non-metallic |
About DataString Consulting
DataString Consulting offers a complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. We offer bespoke market research projects designed to meet the specific strategic objectives of the business. DataString’s leadership team has more than 30 years of combined experience in Market business research and strategy advisory across the world. DataString Consulting’s data aggregators and Industry experts monitor high growth segments within more than 15 industries on an ongoing basis.
DataString Consulting is a professional market research company which aims at providing all the market business research solutions under one roof. Get the right insights for your goals with our unique approach to market research and precisely tailored solutions. We offer services in strategy consulting, comprehensive opportunity assessment across various sectors, and solution-oriented approaches to solve business problems.
