Cable Management Accessories Market Sales Revenue, Growth Factors, Future Trends 2027

 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. 

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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.

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.

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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.


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