Press Release

Global Cable Raceway System Market is Expected to exhibit a CAGR of 6.93% between 2017 and 2023

Date : Oct 23, 2018

New report published by Global QYResearch which offers insights on the global Cable Raceway System market. The Cable Raceway System market has been experiencing steady growth graph since past years. The Global Cable Raceway System market sales value was 579 Mn USD in 2017, and it is projected to reach 865 Mn USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 6.93% from 2017 to 2023.

This report studies the Cable Raceway System market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in global and major regions, and splits the Cable Raceway System market by product type and applications/end industries.

Global Cable Raceway System Market: Market Driver and Restraint

Increasing demand of downstream industrials, such as Energy & Utility, Industrial Manufacturing, Transportation, IT & Telecom and Others.

Global Cable Raceway System Market: Forecast by Type

On the basis of product, market is primarily split into –Metal Material, Non-metallic Material. Non-metallic Material is dominated type with a CAGR of 8.30% in terms of volume in the forecast period from 2017 to 2023.

Global Cable Raceway System Market: Forecast by Application

Application segment consists of Energy & Utility, Industrial Manufacturing, Transportation, IT & Telecom and Others.  Dominated application is IT & Telecom.

Global Cable Raceway System Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Cable Raceway System in these regions, from 2013 to 2023 (forecast), covering –North America, Europe, Asia-Pacific, South America, Middle East and Africa. North America is the largest region. The Asia-Pacific market is expected to expand at a robust rate of 8.80% in terms of revenue over the forecast period.

Global Cable Raceway System Market: Key Players

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 are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

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