Europe Cable Management Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, End User, Type, Sales Channel : Country Opportunity Analysis and Industry Forecast, 2022-2031

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.

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. 

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.

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.

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. 

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.

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