Global Cable Management Accessories Market Estimated to Reach USD 2.8 Billion By 2026

19-May-2021 | Facts and Factors

As per a recently issued market research report by Facts & Factors, the global cable management accessories market was about USD 2 Billion in 2020, with sales value projected to hit around USD 3 Billion by the end of 2026 and expected to register an excellent 6% CAGR during 2021 to 2026.

Cable management practices enable users to increase productivity and improve efficiency in a system. These practices allow physical support networks to avoid financial losses due to improper maintenance. Additionally, cable management accessories prolong the life cycle of devices. Other benefits of using any form of cable management accessories are enhanced performances, improved flexibility, and safety measures. Manufacturers are now opting for lightweight and durable materials due to the increased demands.

Request Sample Request Customization Buy Now

The deteriorating infrastructure for power transmission and communication has a varied life span. As many of these structures witness the end of their life, growth in the cable management accessory systems can be indicated due to the growing support and maintenance needs. Additionally, increased government spending on improving their vast existing networks for modernization and rapid urbanization have further boosted the market for cable management accessories to a greater extent.

Top Market Players

Some of the major participants in the global cable management accessory are Chatsworth Products, Inc., Weidmuller Interface GnbH & Co. KG, Thomas & Betts Corporation, Anixter, Inc., Hellermann Tyton Group PLC, and Panduit Copr., among others.

Market Dynamics

Since the advent of improved machinability technologies, cable management has become an important part of any organization. A wreath of non-metallic insulators has proven pivotal in the market for the growth of the market. Additionally, these insulators decrease any harmful effects from accidental shorts. Various materials provide extensive functionality under high-temperature environments. Such insulators are utilized heavily for devices such as alternators, starters, and generators. The aerospace industry has seen a recent rise in the demand for cable management accessories. Features such as reduced weight are the big need of the hour.

Based on the type, the cable management accessories market can be divided into Cable Lung, Cable Marker, Heat Shrink Tube, and Others The cable lungs is expected to dominate the cable management accessories market owing to the high demand in the manufacturing domain for highly advanced cable lungs foe efficient electrical services and crimp connections in the cable management systems.

On the basis of end-user, the market of cable management accessory can be segmented into IT and Telecom, manufacturing, energy & utility, health care, logistics and transportation, mining, oil & gas, construction, and others. The telecom sector witnesses the highest growth due to continuous development in the field of technology and the rising demand in the communication field. Furthermore, the increasing popularity of data/communication applications and new systems and products developed by manufacturers of cable management accessories to adapt to varying requirements help propel the demand in the telecom sector.

Asia-Pacific Is Expected To Witness Highest Growth During the Forecast Period

The Asia-Pacific region is expected to recoup the largest market share in the regional analysis on the basis of revenue generation. An uptake of investments through FDIs and the private sector has enabled the market to grow and set a huge footprint in the region. Furthermore, additional investment by government and private players in renewable energy sources has further boosted the market in the region.

Browse the full “Cable Management Accessory Market By Product Type (Cable Lung, Cable Marker, Heat Shrink Tube, and Others), By End-User (IT and Telecom, Manufacturing, Energy & Utility, Health Care, Logistics and Transportation, Mining, Oil & Gas, Construction, and Others), and By Regions - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026” report at https://www.fnfresearch.com/cable-management-accessory-market.

Report Scope

Report Attribute

Details

Market Size in 2020

USD 2 Billion in 2020

Projected Market Size in 2026

USD 3 Billion

CAGR Growth Rate

6% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Legrand, Eaton, Obo Bettermann, Panduit, Atkore, Partex Marking Systems, Schneider Electric SE, Chatsworth Products, Inc., Weidmuller Interface GnbH & Co. KG, Thomas & Betts Corporation, Anixter, Inc., Hellermann Tyton Group PLC, and Panduit Copr., among others.

Key Segment

By Product Type, By End-User, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

The global cable management accessories market can be segmented as:

Global Cable Management Accessories Market: By Product Type Segment Analysis

  • Cable Lung
  • Cable Marker
  • Heat Shrink Tube

Global Cable Management Accessories Market: By End-User Segment Analysis

  • IT and Telecom
  • Manufacturing
  • Energy & Utility
  • Health Care
  • Logistics and Transportation
  • Oil & Gas
  • Mining
  • Construction
  • Others

Global Cable Management Accessories Market: By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com


Latest Market Research Reports

report img

Healthcare Augmented and Virtual Reality Market Report 2024 – 2032

[212+ Pages Report] According to Facts Factors, the global healthcare augmented and virtual reality market size in terms of revenue was valued at around USD 3.21 billion in 2023 and is expected to reach a value of USD 15.07 billion by 2032, growing at a CAGR of roughly 18.7% from 2024 to 2032. The

Published Date : 12-Jun-2024 | | Category : Healthcare | Pages : 212 | Format : Read more

Inquiry for Buying Request Sample
report img

North America Frozen Bakery Products Market Report 2024 – 2032

[213+ Pages Report] According to Facts Factors, the North America frozen bakery products market size in terms of revenue was valued at around USD 11.15 billion in 2023 and is expected to reach a value of USD 17.74 billion by 2032, growing at a CAGR of roughly 5.3% from 2024 to 2032. The North Ameri

Published Date : 12-Jun-2024 | | Category : Food & Beverages | Pages : 213 | Format : Read more

Inquiry for Buying Request Sample
report img

Smart Eyewear Technology Market Report 2024 – 2032

[214+ Pages Report] According to Facts Factors, the global smart eyewear technology market size in terms of revenue was valued at around USD 13.21 billion in 2023 and is expected to reach a value of USD 64.12 billion by 2032, growing at a CAGR of roughly 19.1% from 2024 to 2032. The global smart ey

Published Date : 12-Jun-2024 | | Category : Technology & Media | Pages : 214 | Format : Read more

Inquiry for Buying Request Sample
report img

Atopic Eczema Treatment Market Report 2024 – 2032

[211+ Pages Report] According to Facts Factors, the global atopic eczema treatment market size in terms of revenue was valued at around USD 14.26 billion in 2023 and is expected to reach a value of USD 29.15 billion by 2032, growing at a CAGR of roughly 8.2% from 2024 to 2032. The global atopic ecz

Published Date : 11-Jun-2024 | | Category : Healthcare | Pages : 211 | Format : Read more

Inquiry for Buying Request Sample
report img

Lawn Mowers Market Report 2024 – 2032

[215+ Pages Report]According to Facts Factors, the global lawn mowers market size in terms of revenue was valued at around USD 32.85 billion in 2023 and is expected to reach a value of USD 56.12 billion by 2032, growing at a CAGR of roughly 6.13% from 2024 to 2032. The global lawn mowers market is

Published Date : 05-Jun-2024 | | Category : Heavy Industry | Pages : 215 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration