Market Highlights
Cable management accessories market is expected to grow from USD 1.74 billion in 2017 to USD 2.5 billion by 2023, at a compound annual growth rate (CAGR) of 6.53% during the forecast period. Growing investment in renewal and upgradation of energy infrastructure globally, double digit growth in the infrastructure sector in developing nations, and stringent regulation pertaining to cable management in a premise drive the demand for cable management accessories.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7401
Key players
The prominent players in the Cable Management Accessories Market are Schneider Electric SE (France), Legrand S.A. (France), Thomas & Betts Corporation (Switzerland), TE Connectivity Corporation (Switzerland), HellermannTyton Group PLC (UK), Chatsworth Products, Inc. (US), Cooper Wiring Devices (US), Panduit Corporation (US), Gustav Klauke GmbH (Germany), CableOrganizer.com, LLC. (US), Anixter Inc. (US), Weidmüller Interface GmbH & Co. KG (Germany), Partex Marking Systems USA LLC. (US), and Cembre S.p.A. (Italy). These players have adopted product launch, product enhancement, and geographic expansion as their key organic growth strategy to increase increase their presence across the globe.
Regional Outlook
It is projected that the global demand for cable management accessories will expand at a significant pace over the 2018-2023 forecast period. The cable management accessories industry regional research is performed for North America, Europe , Asia-Pacific and the rest of the world.
From 2018 to 2023, North America followed by Europe is projected to dominate the demand for cable management accessories, as these regions are competitive and well-established economies. In addition , the presence of the leading multinational corporations in the region and the rapid growth of the logistics and transport sector further drive the market for cable management accessories in those regions.
During the forecast period Asia-Pacific is expected to rise at the significant CAGR. Demand for accessories for cable management is mainly concentrated in countries such as China and India that are witnessing rapid urbanization pace and growth in the construction sector. This phenomenon has fueled demand for cable management products, as demand for electricity is expected to double with increased urbanization. In addition, there is a growing demand for quality electrical infrastructure which will serve potential demands for electricity.
Get Complete Report @ https://www.marketresearchfuture.com/reports/cable-management-accessories-market-7401
About Us:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Media Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com