Global Cable Management Market Trends, Size, Share, Forecast - 2019-2025


Posted September 11, 2020 by pooja1919

The global cable management market is estimated to grow at a CAGR of 11.1%, during the forecast period.
 
The global cable management market is estimated to grow at a CAGR of 11.1%, during the forecast period. The major factors contributing to the market growth include the increasing number of data centers, a significant rise in the construction industry, and rising demand for renewable energy sources across the globe. As per the US Department of Energy, there are nearly three million data centers in the US, which signifies one data center for every 100 people. This results in the substantial adoption of cloud-based services across several industries and enterprises. Moreover, government initiatives are supporting the adoption of cloud-based services across the developed and emerging economies, such as the US and China.

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Furthermore, according to Eurostat, 26% of EU enterprises are using cloud computing technologies in 2018, primarily for e-mails and storage of files. This results in the rising demand for data center service providers to support enterprises by offering data storage and management services with proper security. Cable management is considered as an essential aspect of data center design. Reliable and extreme densities are some crucial factors that play a vital role in cable management. The rugged features of tight buffer cables decrease the downtime risk resulted in cable failure. There are several types of rack cable management used in data centers, which include horizontal cable management, vertical cable management, fiber optic patch panels, and cable tray systems.

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Global Cable Management Market Segmentation

By Product Type

Runway

Raceway

Innerduct & Tubing

Connectors

Cabinets and Enclosure

Others (Cable Tie)

By Vertical

Commercial Buildings

Manufacturing

IT & Telecommunication

Healthcare

Energy

Transportation

Others (Mining and Oil & Gas)

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

ABB Ltd.

Anixter Inc.

Atkore International Inc.

Black Box Corp.

Chatsworth Products, Inc.

Doug Mockett & Company, Inc.

Eaton Corp.

Enduro Composites, Inc.

Gripple Ltd.

Hellermanntyton Group PLC, a company of Delphi Automotive PLC

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated September 11, 2020