Market Overview:
The global stainless steel cable tray market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stainless steel cable trays in various applications such as power, construction, manufacturing, IT and telecommunication. In terms of type, the trough cable tray segment is expected to hold the largest share of the global stainless steel cable tray market during the forecast period. This can be attributed to its high strength and corrosion resistance properties compared with other types of cable trays. In terms of region, North America is expected to hold the largest share of the global stainless steel cable tray market duringthe forecast period followed by Europe and Asia Pacific.
Product Definition:
A stainless steel cable tray is a metal structure that is used to hold and protect electrical cables. It can be used indoors or outdoors, and it is often made from 304 or 316 stainless steel.
Trough Cable Tray:
Trough cable tray is a device used to organize and route the wires in an underground electrical network. It is mainly used for power distribution and communication purposes. The primary function of a trough cable tray is to allow easy access to the cables for maintenance or repairs without causing any obstruction or interference with other utility services.
Channel Cable Tray:
The channel cable tray is a device used to manage the wires in an organized manner within the wall cavity. It provides a safe and effective way to route cables through the walls of residential, commercial, and industrial buildings. The product is manufactured from corrosion resistant stainless steel that offers high durability along with easy installation.
It helps in reducing labor costs as well as time consumed by eliminating backtracking and double checking of work done by professionals.
Application Insights:
The manufacturing application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The stainless steel cable trays are widely used in manufacturing plants, warehouses, and other industrial facilities to manage large volume of cables efficiently. They are also employed in construction applications including bridges, buildings, highways etc., where durability and strength are required along with flexibility for bending or flexing movements without getting damaged or worn out.
The power industry primarily includes coal-fired power plants as well as gas-fired power plants utilizing combined-cycle turbines (CCT). The primary reason behind increasing demand from this sector is growing need for reliable electricity supply across various industries globally coupled with rising population & standard of living globally over the past few decades. Growing number of nuclear reactors across various countries such as China, Russia India etc.
Regional Analysis:
Asia Pacific dominated the global stainless steel cable tray market in 2017 and is expected to continue its dominance over the forecast period. The region comprises emerging economies, such as China, India, and Japan. Increasing industrialization has led to an increase in infrastructure activities across these countries which is anticipated to drive demand for stainless steel cable trays from 2018 to 2030.
The Asia Pacific construction industry is likely to witness considerable growth owing to increasing investments in residential and commercial sectors by various governments at a domestic level as well as by foreign investors at a regional level. This will lead towards increased spending on power generation facilities across this region which will further propel product demand during the forecast period.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Growing popularity of stainless steel cable tray in data centers and other electrical applications
- Rising awareness about the benefits of using stainless steel cable tray over traditional wiring methods
- Technological advancements that have made stainless steel cable tray more efficient and user-friendly
- The increasing trend of using prefabricated metal structures in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Cable Tray Market Research Report
By Type
Trough Cable Tray, Channel Cable Tray, Wire Mesh Cable Tray, Single Rail Cable Tray
By Application
Power, Construction, Manufacturing, IT and Telecommunication
By Companies
Atkore International, Eaton, Legrand, Schneider Electric, ABB, Chalfant Manufacturing Company, MP Husky, Oglaend System, Snake Tray, Techline Manufacturing, Hoffman, RS Pro, CE, Igus, EDP, Vantrunk, Marco Cable Management, Metsec (Part of Voestalpine), Unitrunk, Ellis, Niedax, Chatsworth Products, Panduit, Enduro Composites
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Cable Tray Market Report Segments:
The global Stainless Steel Cable Tray market is segmented on the basis of:
Types
Trough Cable Tray, Channel Cable Tray, Wire Mesh Cable Tray, Single Rail Cable Tray
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
Power, Construction, Manufacturing, IT and Telecommunication
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:
- Atkore International
- Eaton
- Legrand
- Schneider Electric
- ABB
- Chalfant Manufacturing Company
- MP Husky
- Oglaend System
- Snake Tray
- Techline Manufacturing
- Hoffman
- RS Pro
- CE
- Igus
- EDP
- Vantrunk
- Marco Cable Management
- Metsec (Part of Voestalpine)
- Unitrunk
- Ellis
- Niedax
- Chatsworth Products
- Panduit
- Enduro Composites
Highlights of The Stainless Steel Cable Tray 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:
- Trough Cable Tray
- Channel Cable Tray
- Wire Mesh Cable Tray
- Single Rail Cable Tray
- By Application:
- Power
- Construction
- Manufacturing
- IT and Telecommunication
- 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 Stainless Steel Cable Tray 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.
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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?
A stainless steel cable tray is a type of cable management system that uses a series of channels to organize and route cables. The channels are typically made from stainless steel, which is resistant to corrosion and makes the system easy to clean.
Some of the key players operating in the stainless steel cable tray market are Atkore International, Eaton, Legrand, Schneider Electric, ABB, Chalfant Manufacturing Company, MP Husky, Oglaend System, Snake Tray, Techline Manufacturing, Hoffman, RS Pro, CE, Igus, EDP, Vantrunk, Marco Cable Management, Metsec (Part of Voestalpine), Unitrunk, Ellis, Niedax, Chatsworth Products, Panduit, Enduro Composites.
The stainless steel cable tray market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stainless Steel Cable Tray Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stainless Steel Cable Tray Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Cable Tray Market - Supply Chain
4.5. Global Stainless Steel Cable Tray Market Forecast
4.5.1. Stainless Steel Cable Tray Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Cable Tray Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Cable Tray Market Absolute $ Opportunity
5. Global Stainless Steel Cable Tray Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stainless Steel Cable Tray Market Size and Volume Forecast by Type
5.3.1. Trough Cable Tray
5.3.2. Channel Cable Tray
5.3.3. Wire Mesh Cable Tray
5.3.4. Single Rail Cable Tray
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Cable Tray Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stainless Steel Cable Tray Market Size and Volume Forecast by Application
6.3.1. Power
6.3.2. Construction
6.3.3. Manufacturing
6.3.4. IT and Telecommunication
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stainless Steel Cable Tray Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stainless Steel Cable Tray Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stainless Steel Cable Tray Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stainless Steel Cable Tray Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stainless Steel Cable Tray Demand Share Forecast, 2019-2026
9. North America Stainless Steel Cable Tray Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stainless Steel Cable Tray Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stainless Steel Cable Tray Market Size and Volume Forecast by Application
9.4.1. Power
9.4.2. Construction
9.4.3. Manufacturing
9.4.4. IT and Telecommunication
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stainless Steel Cable Tray Market Size and Volume Forecast by Type
9.7.1. Trough Cable Tray
9.7.2. Channel Cable Tray
9.7.3. Wire Mesh Cable Tray
9.7.4. Single Rail Cable Tray
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stainless Steel Cable Tray Demand Share Forecast, 2019-2026
10. Latin America Stainless Steel Cable Tray Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stainless Steel Cable Tray Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stainless Steel Cable Tray Market Size and Volume Forecast by Application
10.4.1. Power
10.4.2. Construction
10.4.3. Manufacturing
10.4.4. IT and Telecommunication
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stainless Steel Cable Tray Market Size and Volume Forecast by Type
10.7.1. Trough Cable Tray
10.7.2. Channel Cable Tray
10.7.3. Wire Mesh Cable Tray
10.7.4. Single Rail Cable Tray
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stainless Steel Cable Tray Demand Share Forecast, 2019-2026
11. Europe Stainless Steel Cable Tray Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stainless Steel Cable Tray Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stainless Steel Cable Tray Market Size and Volume Forecast by Application
11.4.1. Power
11.4.2. Construction
11.4.3. Manufacturing
11.4.4. IT and Telecommunication
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stainless Steel Cable Tray Market Size and Volume Forecast by Type
11.7.1. Trough Cable Tray
11.7.2. Channel Cable Tray
11.7.3. Wire Mesh Cable Tray
11.7.4. Single Rail Cable Tray
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stainless Steel Cable Tray Demand Share, 2019-2026
12. Asia Pacific Stainless Steel Cable Tray Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stainless Steel Cable Tray Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stainless Steel Cable Tray Market Size and Volume Forecast by Application
12.4.1. Power
12.4.2. Construction
12.4.3. Manufacturing
12.4.4. IT and Telecommunication
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stainless Steel Cable Tray Market Size and Volume Forecast by Type
12.7.1. Trough Cable Tray
12.7.2. Channel Cable Tray
12.7.3. Wire Mesh Cable Tray
12.7.4. Single Rail Cable Tray
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stainless Steel Cable Tray Demand Share, 2019-2026
13. Middle East & Africa Stainless Steel Cable Tray Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stainless Steel Cable Tray Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stainless Steel Cable Tray Market Size and Volume Forecast by Application
13.4.1. Power
13.4.2. Construction
13.4.3. Manufacturing
13.4.4. IT and Telecommunication
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stainless Steel Cable Tray Market Size and Volume Forecast by Type
13.7.1. Trough Cable Tray
13.7.2. Channel Cable Tray
13.7.3. Wire Mesh Cable Tray
13.7.4. Single Rail Cable Tray
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stainless Steel Cable Tray Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stainless Steel Cable Tray Market: Market Share Analysis
14.2. Stainless Steel Cable Tray Distributors and Customers
14.3. Stainless Steel Cable Tray Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Atkore International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Legrand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ABB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chalfant Manufacturing Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MP Husky
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Oglaend System
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Snake Tray
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Techline Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hoffman
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RS Pro
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Igus
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. EDP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Vantrunk
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Marco Cable Management
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Metsec (Part of Voestalpine)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Unitrunk
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ellis
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
