How big is the Cable Tray Market?

The Cable Tray Market size is expected to reach USD 4.54 billion in 2024 and grow at a CAGR of 10.54% to reach USD 7.52 billion by 2029. Read More

What is the current Cable Tray Market size?

In 2024, the Cable Tray Market size is expected to reach USD 4.54 billion. Read More

Who are the key players in Cable Tray Market?

Atkore International Group Inc., Legrand SA, Thomas & Betts (ABB), Schneider Electric and Eaton Corporation are the major companies operating in the Cable Tray Market. Read More

Which is the fastest growing region in Cable Tray Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cable Tray Market?

In 2024, the North America accounts for the largest market share in Cable Tray Market. Read More

What years does this Cable Tray Market cover, and what was the market size in 2023?

In 2023, the Cable Tray Market size was estimated at USD 4.06 billion. The report covers the Cable Tray Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cable Tray Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cable Tray Market Size & Share Analysis - Industry Research Report

Cable Tray Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)

The Cable Tray Market Report is Segmented by Material (Aluminum, Steel, and Fiber-Reinforced Polymers [FRP]), End-User Industry (Power and Utilities, Construction, Industrial and Other End-User Industries [IT & Telecom, Data Centers, Etc. ]), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America). The Market Size and Forecasts are Provided in Value (USD) for all the Above Segments.

Cable Tray Industry Overview

The cable tray market is fragmented, with numerous competitors and competing technologies that provide intense rivalry among the players. Furthermore, acquisitions and collaborations of large companies with startups are expected, focusing on innovation. Some of the players include Atkore International Group Inc., Legrand SA, Thomas & Betts (ABB), Schneider Electric, and Eaton Corporation.

January 2024: Panduit, a network and electrical infrastructure solutions player, unveiled its latest innovation: the Wire Basket Cable Tray Routing System. This system is tailored to efficiently handle copper data cables, fiber optics, and power cables in data centers, interlinked buildings, and industrial settings. The Wire Basket features an innovative design and a superior strength-to-weight ratio over its competitors. Notably, it is robust and offers a swift and straightforward installation, making it a cost-effective choice.
December 2023: The Prysmian Group, a global energy and telecom cable system player, announced a pivotal service level agreement (SLA) with TenneT, the German-Dutch transmission system operator. Under this agreement, Prysmian provides comprehensive nearshore and offshore cable maintenance, inspection, and repair services for TenneT's HVDC and HVAC submarine power cables in the North Sea. This collaboration will see N-Sea providing expertise in surveying, IMR, construction, subsea cable operations, and even UXO identification and disposal.