Europe Cable Management Market Thumbnail Image

2023

Europe Cable Management Market

Europe Cable Management Market By Product Type (Cable Raceways, Cable Conduits, Cable Carriers & Glands, Cable Clips, Cable Lugs, Cable Junction Box, and Others), End User (IT & Telecommunication, Logistics & Transportation, Healthcare, Energy & Utility, Manufacturing, Oil & Gas, Mining Industry, and Construction), Type (Metallic and Non-Metallic), Sales Channel (Retail Stores, E-Commerce, Supermarket/Hypermarket, and Others): Country Opportunity Analysis and Industry Forecast, 2022-2031

Select an option
Author's: Minulata Nayak & Tejas Rokade | Vineet Kumar
Publish Date:

Get Sample to Email

Europe Cable Management Market Outlook – 2031

Europe cable management market size was valued at $5,110.8 million in 2021, and is projected to reach $9,476.9 million by 2031, registering a CAGR of 6.45% from 2022 to 2031. According to Tejas Rokade, Sr. Research Analyst, Semiconductor and Electronics, at Allied Market Research, the Europe cable management market share is expected to showcase remarkable growth during the forecast period of 2022-2031. The report contains a thorough examination of the market size, market trends, key market players, sales analysis, major driving factors, and key investment pockets. The report on the Europe cable management market provides an overview of the market as well as market definition and scope. Furthermore, the report provides a quantitative and qualitative analysis of the Europe cable management market, as well as a breakdown of the pain points, value chain analysis, and key regulations.

Cable management plays an important role in electricity and data transmission. The insulation and installation of cables in electronic devices or communication systems to avoid detrimental situations is referred as cable management. The design of present cable management systems is quality oriented as well as functional. Cable trays, conduits, raceways, optical fiber channels, and others, with a plethora of features, are available in the new generation cable management solutions.

Europe-Cable-Management-Market_Image.jpg

Cable management enables effective power distribution; provides enhanced safety, easier customization & communication, and requires low maintenance. In addition, this system reduces the deployment time of systems, optimizes cable bandwidth, and provides maximum cable density. Service providers construct networks with high bandwidth worldwide, which require efficient fibers and strong management structure. Cable management for optical fiber cables provides network reliability, better performance along with bend radius protection, and physical protection. 

Ongoing developments in infrastructure & telecommunication and increase in need for repair & maintenance of the existing technology foster the growth of the cable management market. However, intense competition among the domestic players and fluctuating raw material prices restrain the market growth. On the contrary, growth of the IT & telecom & e-commerce sectors and increase in R&D activities for the development of 5G technology are anticipated to provide lucrative growth opportunities for the market in future. 

Europe Cable Management Market
By Product Type
Your browser does not support the canvas element.

Cable Conduits segment will dominate the market throughout the forecast period

Segment Overview

The Europe cable management market is segmented on the basis of product type, end user, type, sales channel, and region. By product type, the market is divided into cable raceways, cable conduits, cable carriers & glands, cable clips, cable lugs, cable junction box, and others. By end user, it is classified into IT & telecommunication, logistics & transportation, healthcare, energy & utility, manufacturing, oil & gas, mining industry, and construction. The construction segment is further categorized into residential and commercial. The residential segment is further bifurcated into single occupancy family and multi occupancy family.

Europe Cable Management Market
By End User
Your browser does not support the canvas element.

IT and Telecommunication segment will lead the market with a highest CAGR of 7.82% during 2022 - 2031

By type, the Europe cable management market is segregated into metallic and non-metallic. The metallic segment is divided into aluminum and steel. The non-metallic segment is divided into PVC, PE, PP, and others. By sales channel, the market is fragmented into retail stores, e-commerce, supermarket/hypermarket, and others. Country wise, the Europe cable management market trends are analyzed across UK, Germany, France, Italy, Belgium, and rest of Europe.

Europe Cable Management Market
By Type
Your browser does not support the canvas element.

Metallic segment accounted for the highest market share during the forecast period

Top Impacting Factors

Factors such as growing demand for high-performance integrated circuits, developments in semiconductor technology, and the increasing adoption of Radio Frequency Identification (RFID) tags, impact the growth of the Europe cable management market owing to the need for miniaturization of the components. In addition, High maintenance costs are restraining the growth of the thin wafer processing and cutting equipment market. The development of such devices requires great precision, so their production is limited. Furthermore, the wafers' high-quality flat surface is the primary reason for their increasing integration into processing. Investment in wafer enhancement is projected to provide profitable opportunities for Europe cable management market growth. 

Europe Cable Management Market
By Sales Channel
Your browser does not support the canvas element.

Retail Stores segment will generate the highest revenue with a significant CAGR of 7.53% during 2022 - 2031

Competitive Analysis

Competitive analysis and profiles of the major Europe cable management market players, such as Legrand SA, Schneider Electric SE, Thomas and Betts Corporation (ABB Ltd.), Marco Cable Management, Hellermann Tyton, NIEDAX GROUP, Vantrunk International, Panduit, Eaton Corporation, Polypipe, Wienerberger and Frankishe are provided in this report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.

The Europe cable management industry is highly competitive, owing to the strong presence of existing vendors. Vendors of the Europe cable management market with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to increase as technological innovations, product extensions, and different strategies adopted by key vendors increase.

Europe Cable Management Market
By Country
2031
Uk 
Germany
France
Italy
Belgium
Rest of Europe

UK will maintain the lead, while France exhibit the highest CAGR of 8.72% during 2022 - 2031

Key Developments / Strategies

Schneider Electric SE, Thomas and Betts Corporation (ABB Ltd), Hellermann Tyton, Legrand SA and NIEDAX GROUP are the top 5 key players in the Europe cable management outlook. Top market players have adopted various strategies, such as acquisition, agreement, business development, business expansion, collaboration, product launch, innovation, and product expansion to expand their foothold in the Europe cable management market.

  • In May 2022, Schneider Electric launched EcoStruxure for eMobility in buildings, an end-to-end EV charging solution for sustainable all-electric mobility. With this launch, Schneider Electric continues its pursuit to make buildings smarter and sustainable overall by adding EV charging infrastructure in the facilities.
  • In April 2021, Hellermann Tyton has launched HelaCon Releasable, a universal push-in wire connector designed to make electrical installation easier and safer. It is Suitable for all types of wire – including solid, stranded and fine stranded – the HelaCon Releasable uses a lever clamping system to connect electrical cables and conductors quickly and easily. Together with built-in features including a separate voltage test point and transparent housing, it streamlines installation, application, and maintenance while enhancing overall safety.

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the Europe cable management market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall Europe cable management market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The Europe cable management market forecast is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
  • The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.

Europe Cable Management Market Report Highlights

Aspects Details
Europe Cable Management Market By Product Type
By Product Type
  • Cable Raceways
  • Cable Conduits
  • Cable Carriers & Glands
  • Cable Clips
  • Cable Lugs
  • Cable Junction Box
  • Others
Europe Cable Management Market By End User
By End User
  • IT and Telecommunication
  • Logistics and Transportation
  • Healthcare
  • Energy and Utility
  • Manufacturing
  • Oil & Gas
  • Mining Industry
  • Construction
  • Residential
  • Commercial
Europe Cable Management Market By Type
By Type
  • Metallic
  • Aluminum
  • Steel
  • Non-Metallic
  • PVC
  • PE
  • PP
  • Others
Europe Cable Management Market By Sales Channel
By Sales Channel
  • Retail Stores
  • E-Commerce
  • Supermarket/Hypermarket
  • Others
Europe Cable Management Market By Country
By Country
  • UK
  • Germany
  • France
  • Italy
  • Belgium
  • Rest of Europe
Europe Cable Management Market By Key Market Players
By Key Market Players
  • Legrand SA
  • Schneider Electric SE
  • Thomas and Betts Corporation (ABB Ltd.)
  • Marco Cable Management
  • Hellermann Tyton
  • NIEDAX GROUP
  • Vantrunk International
  • Panduit
  • Eaton Corporation
  • Polypipe
  • Wienerberger
  • Frankische

Analyst Review

The Europe cable management market is expected to grow at a significant rate in future. This is attributed to rise in industrialization, which has facilitated the adoption of cable management products for various applications such as corrosive conditions, risky work location, renewable energy, and others. Moreover, cable management products provide security and maintenance of wire & cables in industries, which propel their adoption, thereby driving the market growth. Furthermore, companies are providing innovative and compact cable management solutions to avoid harmful impacts of exposed wires & cables. 

Companies operating in this market are strengthening their R&D to provide customized and innovative cable management solutions to garner maximum market share. In addition, developing European economies have contributed toward the growth of the cable management market by investing significantly in various industries. Moreover, increase in residential construction as well as industrial construction has fuelled the adoption of cable management systems, thereby driving the growth of the market. 

Cable management solutions are majorly used in IT & telecom to protect data centers and communication cables. The IT & telecom market has a steady demand for cable management products and is expected to continue to lead the market. The adoption of cable management systems is significant in energy and construction sector. Companies are launching compact solutions with minimum maintenance & installation cost that have encouraged consumers to opt for cable management. 

Author Name(s) : Minulata Nayak & Tejas Rokade | Vineet Kumar
Frequently Asked Questions?

The Europe Cable Management Market is anticipated to grow at a CAGR of 6.45% from 2022 to 2031.

The Europe Cable Management Market is projected to hit $9,476.9 million by 2031.

To get the latest version of sample report

Growing demand for high-performance integrated circuits and developments in semiconductor technology etc. boost the market growth.

The key players profiled in the report include Legrand SA, Schneider Electric SE, Hellermann Tyton, NIEDAX GROUP, and many more.

On the basis of top growing big corporations, we select top 10 players.

The Europe Cable Management Market is segmented on the basis of product type, end user, type, sales channel, and region.

The key growth strategies of market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

IT and Telecommunication segment will grow at a highest CAGR of 7.82% during the forecast period.

Cable Conduits segment will dominate the market during 2022 - 2031.

Loading Table Of Content...

Europe Cable Management Market