Competitive Landscape of the Cable Trunking Market: Key Players and Strategies


Posted April 20, 2023 by ishadeshpande

Cable trunking is a protective cover used to enclose and organize electrical cables, wires, and conduits in buildings and industrial facilities. It helps to improve safety, reduce cable clutter, and simplify maintenance and upgrades.

 
During the projected period, the size of the worldwide cable trunking market is anticipated to post a strong revenue CAGR. Structured cabling system usage is boosting market revenue growth. Structured cabling solutions are built on a defined method to arrange and safeguard cables, allowing for better resource utilisation and simpler troubleshooting. In comparison to conventional wire management techniques, structured wire systems also offer a number of advantages, including increased performance and scalability, better organisation and troubleshooting, as well as lower costs and downtime. The market revenue growth is largely being driven by the rising deployment of cables and rack systems.

Cable trunking comes in various shapes, sizes, and materials to suit different applications and environments. The most common materials used in cable trunking are plastic, metal, and PVC. Plastic and PVC are lightweight, easy to install, and inexpensive, while metal offers greater durability, fire resistance, and electromagnetic shielding.


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Competitive Terrain:

The global Cable Trunking industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Popular Pipes Group of Companies, OBO Bettermann Holding GmbH & Co. KG, Atkore International, Inc., Eaton, Schneider Electric, ABB, Oglaend System, RS Components & Controls (I) Ltd., Legrand North America, LLC, Shing Fong Co., Ltd.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Cable Trunking market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Cable Trunking market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Cable Trunking market.

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Market Segmentations of the Cable Trunking Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Cable Trunking market on the basis of product, application, and region:

Segments Covered in this report are:

Type Outlook (Revenue, USD Million; 2019–2032)
Surface-Mounted Trunking
Concealed Trunking
Floor Trunking
Ladder Trunking
Others
Material Outlook (Revenue, USD Million; 2019–2032)
Polyvinyl Chloride (PVC)
Stainless Steel
Aluminum
Others
Application Outlook (Revenue, USD Million; 2019–2032)
Residential and Commercial Sector
Industrial Facilities
Data Centers
Transportation
Others
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Major Geographies Analyzed in the Report:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Issued By Isha
Country India
Categories Blogging
Tags cable trunking market , cable trunking market size , cable trunking market share
Last Updated April 20, 2023