LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cable tray market and it is poised to grow by USD 2.08 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Atkore International Group Inc., Chatsworth Products Inc., Eaton Corp. Plc, Hubbell Inc., Legrand SA, OBO BETTERMANN Holding GmbH & Co. KG, Schneider Electric SE, TransDelta International Industries LLC, and voestalpine AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing adoption of automation and communication technologies has been instrumental in driving the growth of the market. However, fluctuating prices of raw materials might hamper market growth.

Cable Tray Market 2020-2024: Segmentation

Cable Tray Market is segmented as below:

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Cable Tray Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cable tray market report covers the following areas:

This study identifies the increasing use of cloud-based servers as one of the prime reasons driving the cable tray market growth during the next few years.

Cable Tray Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the cable tray market, including some of the vendors such as ABB Ltd., Atkore International Group Inc., Chatsworth Products Inc., Eaton Corp. Plc, Hubbell Inc., Legrand SA, OBO BETTERMANN Holding GmbH & Co. KG, Schneider Electric SE, TransDelta International Industries LLC, and voestalpine AG. Backed with competitive intelligence and benchmarking, our research reports on the cable tray market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Cable Tray Market 2020-2024: Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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