Europe Cable Management Market Expected to Reach $9.48 Billion By 2031: Allied Market Research

Ongoing developments in infrastructure & telecommunication, increase in need for repair & maintenance of the existing technology, and numerous benefits offered by cable management such as effective power distribution, enhanced safety, low maintenance requirement, network reliability, and better performance drive the growth of the Europe cable management market. Country-wise, the market in the UK was the largest in 2021, and is likely to maintain its leadership status during the forecast period.

Portland, OR, Feb. 09, 2023 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the Europe cable management market generated $5.11 billion in 2021, and is estimated to reach $9.48 billion by 2031, witnessing a CAGR of 6.45% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market. 

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Report Coverage and Details: 

Report Coverage  Details 
Forecast Period  2022-2031 
Base Year  2021 
Market Size in 2021  $5.11 Billion 
Market Size in 2031  $9.48 Billion 
CAGR  6.45% 
No. of Pages in Report  283 
Segments Covered  Product Type, End User, Type, Sales Channel, and Country 
Drivers   Ongoing developments in infrastructure & telecommunication 
Increase in need for repair & maintenance of the existing technology 
Benefits offered by cable management such as effective power distribution, enhanced safety, easier customization & communication, low maintenance requirement, reduced deployment time of systems, network reliability, and better performance 
Opportunities  Growth of the IT & telecom & e-commerce sectors 
Increase in R&D activities for the development of 5G technology 
Restraints  Intense competition among domestic players and fluctuating raw material prices 

COVID-19 Scenario: 

  • The outbreak of COVID-19 significantly impacted the growth of the Europe cable management market in 2020. This is due to a significant impact on prime players operating in the supply chain. 
  • The market faced several obstacles amid the COVID-19 pandemic, such as a lack of availability of skilled labor and delay or cancelation of projects due to partial or complete lockdowns, globally. 
  • However, the market has gained momentum with the pandemic situation improving worldwide. 

The report offers a detailed segmentation of the Europe cable management market based on product type, end user, type, sales channel, and country. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years. 

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Based on product type, the cable conduits segment held the largest share in 2021, accounting for nearly one-third of the Europe cable management market, and would rule the roost through 2031. The cable lugs segment, however, is estimated to witness the fastest CAGR of 9.25% during the forecast period. The report also discusses the cable raceways, cable carriers & glands, cable clips, cable junction box, and others segments. 

In terms of end user, the construction segment captured the largest market share of nearly one-fourth of the Europe cable management market in 2021. The IT and telecommunication segment, on the other hand, is likely to dominate in terms of revenue and achieve the fastest CAGR of 7.82% through 2031. The report also studies the logistics & transportation, healthcare, energy & utility, manufacturing, oil & gas, and mining industry segments.  

Based on type, the metallic segment held the largest share in 2021, accounting for nearly two-thirds of the Europe cable management market, and would rule the roost through 2031. The same segment is estimated to witness the fastest CAGR of 6.75% during the forecast period. The report also discusses the non-metallic segment. 

Based on country, the market in the UK was the largest in 2021, accounting for more than one-fourth of the Europe cable management market, and is likely to maintain its leadership status during the forecast period. The market in France, however, is expected to manifest the highest CAGR of 8.72% from 2022 to 2031. The other regions analyzed in the study include Germany, Italy, Belgium, and Rest of Europe. 

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Leading players of the Europe cable management market analyzed in the research include Egrand SA, Schneider Electric SE, Thomas and Betts Corporation (ABB Ltd.), Marco Cable Management, Hellermann Tyton, NIEDAX GROUP, Vantrunk International, Panduit, Eaton Corporation, Polypipe, Wienerberger, and Frankische. 

The report analyzes these key players of the Europe cable management market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player. 

Key Benefits For Stakeholders: 

  • This study comprises analytical depiction of the Europe cable management market size along with the current trends and future estimations to depict the imminent investment pockets. 
  • The overall Europe cable management market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis. 
  • The Europe cable management market forecast is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency. 
  • The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display. 

Europe Cable Management Market Key Segments: 

By Product Type: 

  • Cable Raceways 
  • Cable Conduits 
  • Cable Carriers & Glands 
  • Cable Clips 
  • Cable Lugs 
  • Cable Junction Box 
  • Others 

By End User: 

  • IT and Telecommunication 
  • Logistics and Transportation 
  • Healthcare 
  • Energy and Utility 
  • Manufacturing 
  • Oil & Gas 
  • Mining Industry 
  • Construction 
  • Residential 
  • Commercial 

By Type: 

  • Metallic 
  • Aluminum 
  • Steel 
  • Non-Metallic 
  • PVC 
  • PE 
  • PP 
  • Others 

By Sales Channel: 

  • Retail Stores 
  • E-Commerce 
  • Supermarket/Hypermarket 
  • Others 

By Country: 

  • UK 
  • Germany 
  • France 
  • Italy 
  • Belgium 
  • Rest of Europe 

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About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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