Cable Raceway Systems Market is expected to reach 990 million US$ by 2025 – QY Research

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This report studies the Cable Raceway Systems market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Cable Raceway System refers to is a channel to run cables through, that mounts on a wall, or a desk, or some other surface, concealing wires or cables so your set-up looks nice and pretty.

In the coming years there is an increasing demand for cable raceway system in the regions of developing regions that is expected to drive the market for more advanced cable raceway system. More-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of cable raceway system will drive growth in developing regions market.

The cable raceway system industry market is low concentrated as the manufacturing technology of cable raceway system is relatively matures than some high-tech equipment. And some enterprises, like Legrand SA, HellermannTyton, Schneider-Electric, etc. are well-known for the wonderful performance of their cable raceway system and related services. The revenue of cable raceway system is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of cable raceway system industry may not keep that fast. But it is surely forecasted that the market of cable raceway system is still promising.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

Although the market competition of cable raceway system is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of cable raceway system and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

The global Cable Raceway Systems market was 580 million US$ in 2017 and is expected to 990 million US$ by the end of 2025, growing at a CAGR of 6.9% between 2018 and 2025.

 

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cable Raceway Systems in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

 

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    Legrand SA

    HellermannTyton

    Schneider-Electric

    Hubbell

    Unitech

    Guangdong Songsu

    Niedax Group

    Marco Cable Management

    Enduro Composites

    Leviton Manufacturing

    UNIVOLT

    Voestalpine Metsec plc

    D-LINE

    Guangdong Hongji

    Electriduct

 

By the product type, the market is primarily split into

    Metal Material

    Non-metallic Material

 

By the end users/application, this report covers the following segments

    Energy & Utility

    Industrial Manufacturing

    Transportation

    IT & Telecom

    Others

 

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