Cable Tray market | Evolving Opportunities with ABB Ltd. and Chatsworth Products Inc. | Technavio Insights

NEW YORK, Aug. 10, 2021 /PRNewswire/ — The global cable tray market is expected to grow worth $ 3.21 bn by…

NEW YORK, Aug. 10, 2021 /PRNewswire/ — The global cable tray market is expected to grow worth $ 3.21 bn by 2025 as per Technavio. Healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 11%. 

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Read the 127-page report with TOC on «Cable Tray Market Analysis Report by End-user (Commercial, Industrial, and Residential) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.

The cable tray market is driven by the increasing adoption of automation and communication technologies. In addition, increased investments in data centers are anticipated to boost the growth of the Cable Tray Market.

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Major Five Cable Tray Companies:

  • ABB Ltd.
  • Chatsworth Products Inc.
  • Eaton Corporation Plc
  • Hubbell Inc.
  • Legrand SA

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Cable Tray Market End-user Outlook (Revenue, USD bn, 2020-2025)

  • Commercial – size and forecast 2020-2025
  • Industrial – size, and forecast 2020-2025
  • Residential – size and forecast 2020-2025

Cable Tray Market Geography Outlook (Revenue, USD bn, 2020-2025)

  • APAC – size and forecast 2020-2025
  • North America – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • South America – size and forecast 2020-2025
  • MEA – size and forecast 2020-2025

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SOURCE Technavio