Cable Management Accessories Market Synopsis:
Cable Management Accessories Market Size Was Valued at USD 1.95 Billion in 2023, and is Projected to Reach USD 2.7 Billion by 2032, Growing at a CAGR of 7% From 2024-2032.
The growth of cable management accessories is a result of increased concern of the management of cable systems of which has become a severe challenge in the current emerging trends in constructions and telecommunication, Information technology as well as other disciplines involving the use of wires and cables.
The growing demand for smart building and data center and addition of other advance technologies including 5 G network and smart homes are also thought to drive the cable management solutions market. Since electrical systems have many changes over time and as data transmission rate rises there exists a need to implement more effective and more versatile cable management products. Further, increases in factors such as energy usage concern and safety regulations requirements in construction and industries sites have contributed to the cable management accessories particularly from reusable and biodegradable sources.
In addition, the expansion of new technology and modernization of buildings to install new electrical systems is escalating the market. It is also benefiting from rising use of cable management accessories at areas such as North America, Europe and Asia-Pacific, where industrial activities and infrastructure projects are becoming massive. Automobiles are still trying to achieve better work efficiency and reducing the time on tasks, this calls for improved protection of cables and better layouts of the electrical wiring thus the need to do better by encouraging innovations in the accessory market for the cabling.
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Cable Management Accessories Market Trend Analysis:
Growing Demand for Sustainable and Eco-friendly Cable Management Accessories
- Infrastructure and industrial cables for construction and non-construction sectors for the management of cables adopted from the global dictum of environment friendly products have fueled the demand for eco-friendly cable management accessories.
- For this purpose manufacturers are developing products out of recycled material such as recycled plastic products, biodegradable products, and sustainable metallic alloys. Therefore, the people and companies who take precautions for the environmental problems and the authorities which are expected with global strings regarding sustainability raise the demand on these green cable solutions.
Integration of Smart Technologies into Cable Management Systems
- Technologies are applied in cable management, and they are revolutionalising the market significantly. Because of smart homes, IoT concept, and industrial automation, cable management systems are gradually developing more elaborate cable layouts.
- They have now adopted options such as integrated sensor to measure the climate and humidity of places, new cable management options that can be programmed remotely and self-cable management for high density applications such inflexion centres. This then elevates efficiency, lowers maintenance costs and increases system reliability and consequently creates demands for superior and more creative Cable management solutions.
Cable Management Accessories Market Segment Analysis:
Cable Management Accessories Market is Segmented on the basis of Type , End-User, and Rrgion
By Type, Cable Lug segment is expected to dominate the market during the forecast period
- The cable management accessories market is significantly segmented on the basis of three broad categories including the cable lugs, the cable markers and the heat shrink tubes each of which performs a vital role when it comes to managing electric cables. Cable lugs are applied to give a fixed connection on the terminals at which power is conveyed to its maximum.
- Cable markers are used to put markings on the cables in large cable installation so as to avoid chances of making operations mistakes, easy cable management and circuit testing. Heat shrink tubes possess a protection nature and can protect cables from moisture, chemicals, and mechanical damage since when it is applied heat, then it gets into a smaller diameter to envelop cables forming an insulating barrier. There is a steep increase in requirements of these products in the hope of preserving and enhancing the functionality and lifespan of electrical networks and with more infrastructure drives and dynamic progress in most industries and sectors.
By End-User, Logistics & Transportation segment expected to held the largest share
- The cable management accessories market is greatly segmented into three broad categories which include cable lugs, cable markers and heat shrink tubes all of which have important roles to play whenever grouping and managing electrical cables are being carried out. A cable lug used for fixed cables at the terminal end where maximum power is provided, for better and firm connection.
- The cable markers are therefore applied on cables in order to distinguish them especially in big cable installations so as to minimize the possibility of making working mistakes, ease identification of cables for maintenance and circuit checking. Heat shrink tubes have a protective feature and is capable of protecting cables from moisture, chemicals and physical damage because once it is placed in heat, its diameter shrinks and immobilizes cables within an insulating shield. These products are used for protection and enhancement of operating and durability of electrical systems and because of rising infrastructures drives and constantly progressing technologies in diversified fields.
Cable Management Accessories Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America would mark a considerably higher market share within the given cable management accessories market during the course of the predicted forecast period primarily because of the sound built industrial base, the tendency towards adept use of advanced technology, and the more congenial safety and regulatory outlook.
- The demands for enhanced cable management and increased organization in constructions, telecommunication and Information technologies also because of a constantly growing usage of cable structures. In addition, there is a growing demand for smart building projects; an increase in the data centre market; and a growing consumer awareness of energy management and energy-friendly systems which also support the need for or cable management accessories.
Active Key Players in the Cable Management Accessories Market:
- Schneider Electric SE (France)
- Legrand S.A. (France)
- Thomas & Betts Corporation (Switzerland)
- Chatsworth Products, Inc. (US)
- TE Connectivity Corporation (Switzerland)
- HellermannTyton Group PLC (UK)
- Cooper Wiring Devices (US)
- com, LLC. (US)
- Panduit Corporation (US)
- Gustav Klauke GmbH (Germany
- Anixter Inc. (US)
- Cembre S.p.A. (Italy)
- Weidmüller Interface GmbH & Co. KG (Germany)
- Partex Marking Systems USA LLC. (US)
- Other Active Players
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Cable Management Accessories Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.95 Billion |
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Forecast Period 2024-32 CAGR: |
7% |
Market Size in 2032: |
USD 2.7 Billion |
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Segments Covered: |
By Type |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Cable Management Accessories Market by Type
4.1 Cable Management Accessories Market Snapshot and Growth Engine
4.2 Cable Management Accessories Market Overview
4.3 Cable Lug
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Cable Lug: Geographic Segmentation Analysis
4.4 Cable Marker
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Cable Marker: Geographic Segmentation Analysis
4.5 and Heat Shrink Tube
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 and Heat Shrink Tube: Geographic Segmentation Analysis
Chapter 5: Cable Management Accessories Market by End-User
5.1 Cable Management Accessories Market Snapshot and Growth Engine
5.2 Cable Management Accessories Market Overview
5.3 Telecommunication
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Telecommunication: Geographic Segmentation Analysis
5.4 Automation and IT
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Automation and IT: Geographic Segmentation Analysis
5.5 Manufacturing
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Manufacturing: Geographic Segmentation Analysis
5.6 Utilities
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Utilities: Geographic Segmentation Analysis
5.7 Logistics & Transportation
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Logistics & Transportation: Geographic Segmentation Analysis
5.8 Construction and others
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Construction and others: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Cable Management Accessories Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 SCHNEIDER ELECTRIC SE (FRANCE)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 LEGRAND S.A. (FRANCE)
6.4 THOMAS & BETTS CORPORATION (SWITZERLAND)
6.5 CHATSWORTH PRODUCTS INC. (US)
6.6 TE CONNECTIVITY CORPORATION (SWITZERLAND)
6.7 HELLERMANNTYTON GROUP PLC (UK)
6.8 COOPER WIRING DEVICES (US)
6.9 COM LLC. (US)
6.10 PANDUIT CORPORATION (US)
6.11 GUSTAV KLAUKE GMBH (GERMANY)
6.12 ANIXTER INC. (US)
6.13 CEMBRE S.P.A. (ITALY)
6.14 WEIDMÜLLER INTERFACE GMBH & CO. KG (GERMANY)
6.15 PARTEX MARKING SYSTEMS USA LLC. (US)
6.16 OTHER ACTIVE PLAYERS
Chapter 7: Global Cable Management Accessories Market By Region
7.1 Overview
7.2. North America Cable Management Accessories Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Cable Lug
7.2.4.2 Cable Marker
7.2.4.3 and Heat Shrink Tube
7.2.5 Historic and Forecasted Market Size By End-User
7.2.5.1 Telecommunication
7.2.5.2 Automation and IT
7.2.5.3 Manufacturing
7.2.5.4 Utilities
7.2.5.5 Logistics & Transportation
7.2.5.6 Construction and others
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Cable Management Accessories Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Cable Lug
7.3.4.2 Cable Marker
7.3.4.3 and Heat Shrink Tube
7.3.5 Historic and Forecasted Market Size By End-User
7.3.5.1 Telecommunication
7.3.5.2 Automation and IT
7.3.5.3 Manufacturing
7.3.5.4 Utilities
7.3.5.5 Logistics & Transportation
7.3.5.6 Construction and others
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Cable Management Accessories Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Cable Lug
7.4.4.2 Cable Marker
7.4.4.3 and Heat Shrink Tube
7.4.5 Historic and Forecasted Market Size By End-User
7.4.5.1 Telecommunication
7.4.5.2 Automation and IT
7.4.5.3 Manufacturing
7.4.5.4 Utilities
7.4.5.5 Logistics & Transportation
7.4.5.6 Construction and others
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Cable Management Accessories Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Cable Lug
7.5.4.2 Cable Marker
7.5.4.3 and Heat Shrink Tube
7.5.5 Historic and Forecasted Market Size By End-User
7.5.5.1 Telecommunication
7.5.5.2 Automation and IT
7.5.5.3 Manufacturing
7.5.5.4 Utilities
7.5.5.5 Logistics & Transportation
7.5.5.6 Construction and others
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Cable Management Accessories Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Cable Lug
7.6.4.2 Cable Marker
7.6.4.3 and Heat Shrink Tube
7.6.5 Historic and Forecasted Market Size By End-User
7.6.5.1 Telecommunication
7.6.5.2 Automation and IT
7.6.5.3 Manufacturing
7.6.5.4 Utilities
7.6.5.5 Logistics & Transportation
7.6.5.6 Construction and others
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Cable Management Accessories Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Cable Lug
7.7.4.2 Cable Marker
7.7.4.3 and Heat Shrink Tube
7.7.5 Historic and Forecasted Market Size By End-User
7.7.5.1 Telecommunication
7.7.5.2 Automation and IT
7.7.5.3 Manufacturing
7.7.5.4 Utilities
7.7.5.5 Logistics & Transportation
7.7.5.6 Construction and others
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
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Cable Management Accessories Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.95 Billion |
|
Forecast Period 2024-32 CAGR: |
7% |
Market Size in 2032: |
USD 2.7 Billion |
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Segments Covered: |
By Type |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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