Market Overview:
The global tray cables market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tray cables in various applications, such as chemical plants, steel mills, utility substations, commercial buildings, and others. Tray cables are used in these applications owing to their properties such as high current carrying capacity and resistance to fire and other environmental factors.
Product Definition:
A Tray Cable is a cable with a large number of conductors, which are all in one big bundle. The individual conductors are usually insulated from each other, and the whole thing is protected by an outer jacket. Tray cables are used for carrying high-voltage or high-current signals, because they can handle more current than regular cables.
Instrumentation Cable:
Instrumentation cable is used for connecting instruments such as pH meters, temperature sensors, and others. The growth factor in the market is increasing demand from end-use industries such as oil & gas and power generation. Oil & gas industry has been experiencing a rapid growth over the past few years on account of rising energy needs across the globe coupled with high crude oil production rates. This trend is expected to continue over the forecast period thus driving instrumentation cable market growth.
Control Cable:
The control cable is a flexible printed circuit that is used to monitor the tray cables. It has two conductors, one of them is connected to the equipment and other end connects with the tray. The control cable helps in monitoring signals such as voltage, current, and resistance of each individual conductor in a trayed device.
It also displays information regarding any fault found in the system during testing or inspection purpose along with providing maintenance services for these devices after installation.
Application Insights:
The utility sub-station application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The segment growth can be attributed to an increase in demand for high-tension steel cables with Insulated Wires (IW) that are used as a medium of communication between different parts of a power plant.
The commercial building application segment is expected to witness significant growth over the forecast period owing to growing use of instrumentation cables at construction sites, industrial buildings, shopping malls and office buildings. These types of cable are used for monitoring and controlling purposes at various locations within commercial structures such as data centers, IT offices or corporate offices. Increasing use instrumentation cable in data centers has resulted in increased demand from this sector which is likely to drive market growth over the coming years.
Regional Analysis:
The European region dominated the global market in terms of revenue in 2017. The growth can be attributed to the presence of major power generation companies such as E.ON, REN, and Vattenfall that are using advanced technologies for power distribution and management.
In terms of revenue generated from utility applications, Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to rising investments by governments across countries such as China and India aimed at developing infrastructure projects.
Growth Factors:
- Increasing demand for Tray Cables in the data center and telecommunications sector
- Growing popularity of tray cable systems over traditional wiring methods
- Rising demand for high-quality, reliable tray cables
- Advances in tray cable technology and manufacturing processes
- Emerging applications for tray cables in new industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Tray Cables Market Research Report
By Type
Instrumentation Cable, Control Cable, Power Cable
By Application
Chemical Plants, Steel Mills, Utility Substations, Commercial Building, Others
By Companies
SAB Bröckskes, General Cable, Allied Wire & Cable, Multi/Cable Corporation, Lapp Group, LUTZE Inc., Nexans, Belden, Southwire, Conwire
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Tray Cables Market Report Segments:
The global Tray Cables market is segmented on the basis of:
Types
Instrumentation Cable, Control Cable, Power Cable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Plants, Steel Mills, Utility Substations, Commercial Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAB Bröckskes
- General Cable
- Allied Wire & Cable
- Multi/Cable Corporation
- Lapp Group
- LUTZE Inc.
- Nexans
- Belden
- Southwire
- Conwire
Highlights of The Tray Cables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Instrumentation Cable
- Control Cable
- Power Cable
- By Application:
- Chemical Plants
- Steel Mills
- Utility Substations
- Commercial Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tray Cables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tray cables are a type of cable that is used to connect devices together. They are often used in computer systems and other electronic equipment.
Some of the key players operating in the tray cables market are SAB Br¶ckskes, General Cable, Allied Wire & Cable, Multi/Cable Corporation, Lapp Group, LUTZE Inc., Nexans, Belden, Southwire, Conwire.
The tray cables market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tray Cables Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tray Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tray Cables Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tray Cables Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tray Cables Market Size & Forecast, 2020-2028
4.5.1 Tray Cables Market Size and Y-o-Y Growth
4.5.2 Tray Cables Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Instrumentation Cable
5.2.2 Control Cable
5.2.3 Power Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Plants
6.2.2 Steel Mills
6.2.3 Utility Substations
6.2.4 Commercial Building
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tray Cables Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tray Cables Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Instrumentation Cable
9.6.2 Control Cable
9.6.3 Power Cable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Plants
9.10.2 Steel Mills
9.10.3 Utility Substations
9.10.4 Commercial Building
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Instrumentation Cable
10.6.2 Control Cable
10.6.3 Power Cable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Plants
10.10.2 Steel Mills
10.10.3 Utility Substations
10.10.4 Commercial Building
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Instrumentation Cable
11.6.2 Control Cable
11.6.3 Power Cable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Plants
11.10.2 Steel Mills
11.10.3 Utility Substations
11.10.4 Commercial Building
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Instrumentation Cable
12.6.2 Control Cable
12.6.3 Power Cable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Plants
12.10.2 Steel Mills
12.10.3 Utility Substations
12.10.4 Commercial Building
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Instrumentation Cable
13.6.2 Control Cable
13.6.3 Power Cable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Plants
13.10.2 Steel Mills
13.10.3 Utility Substations
13.10.4 Commercial Building
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tray Cables Market: Competitive Dashboard
14.2 Global Tray Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAB Bröckskes
14.3.2 General Cable
14.3.3 Allied Wire & Cable
14.3.4 Multi/Cable Corporation
14.3.5 Lapp Group
14.3.6 LUTZE Inc.
14.3.7 Nexans
14.3.8 Belden
14.3.9 Southwire
14.3.10 Conwire
