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Global Cable Management Market Trends, Size, Competitive Analysis and Forecast 2019-2025

The global cable management market is estimated to grow at a CAGR of 11.1%, during the forecast period. The major factors contributing to the market growth include the increasing number of data centers, a significant rise in the construction industry, and rising demand for renewable energy sources across the globe.

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Global Cable Management Market Trends, Size, Competitive Analysis and Forecast 2019-2025

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  1. Orion Market Research Global Cable Management Market, Size, Share, Analysis Report & Forecast to 2025 To Market: https://www.omrglobal.com/request-sample/cable-management-market Request a Sample of our Report on Global Cable Management Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The global cable management market is driven by the rising demand for renewable energy sources. As per the International Renewable Energy Agency (IRENA), the trend of potential growth in renewable energy capacity continued with global additions of 171 gigawatts (GW) in 2018. There is an annual growth of 7.9% strengthened by new additions from wind and solar energy, which accounted for 84% of the growth. The major region with the largest additions of renewable energy capacity was Asia with 61% of total new renewable energy installations, which has registered an increase in renewables capacity by 11.4% in 2018. Renewables accounted for nearly two-thirds of all new power generation capacity added in 2018, which is mainly driven by emerging economies. To Market: https://www.omrglobal.com/request-sample/cable-management-market Request a Sample of our Report on Global Cable Management It represents that renewable energy has established itself as the major technology for the power generation sector. The increasing trend of renewable energy is expected to continue during the forecast period, owing to government targets for setting up renewable energy sources to meet the sustainable development goals. According to the IRENA, the solar energy capacity increased by 94 GW in 2018. Asia is leading in solar energy installations with an increase of 64 GW in 2018. China, Japan, India and the Republic of Korea accounted for a significant share in solar energy installations in Asia. Furthermore, the major growth of solar energy is witnessed in the US, Australia and Germany with an increase of more than 8.4 GW, 3.8 GW and 3.6 GW, respectively. This rising trend towards renewable energy sources is supporting the growth of the global cable management market. Cable management is an essential aspect to achieve longevity and safety of almost every photovoltaic system. This results in the significant use of exposed cables that are utilized in the direct current (DC) PV array. Cables are subjected to external, mechanical and thermal loads. Being exposed to harsh environmental conditions, such as direct UV and temperature fluctuations can damage unprotected cables and the wires. Therefore, proper cable management is required to optimize safety, reduce maintenance and support for longer-lasting systems. Poor management of cable could cost hundreds of dollars. Wire management comprises proper routing, protecting and supporting PV systems cables and wires. National Electrical Code (NEC) is the wire management standard for the solar industry, which states that electrical equipment shall be installed in a manner to avoid damage to their conductor and insulation by avoiding rough surfaces, sharp edges and moving parts of racking systems. This, in turn, is leading to an increasing adoption of cable management products to meet the standard and avoid any harmful circumstances. Moreover, with the emerging scope of renewable energy in the transportation sector will lead to the growth in the adoption of cable management solutions. For instance, as per the International Energy Agency (IEA), renewable energy in the transportation sector is expected to rise by two thirds by 2023. Buses, two and three-wheelers, and electric cars will lead this growth. Rail is expected to account for most of the consumption of renewable energy by 2023. In July 2017, Indian Railways has launched first solar-powered EMU (diesel electrical multiple units). The Indian government is planning to increase the range of solar-powered trains, which in turn, will likely to contribute to the growth of the global cable

  3. management market, as it enables to hold securely both the module frames and the wires in the railway sector. To Market: https://www.omrglobal.com/request-sample/cable-management-market Request a Sample of our Report on Global Cable Management Global Cable Management Market – Segmentation By Vertical •Manufacturing •IT & Telecommunication •Healthcare •Energy •Mining •Commercial Building •Transportation •Others (Mining and Oil & Gas) By Product Type •Runway •Raceway •Innerduct & Tubing •Connectors •Cabinets and Enclosure •Others (Cable Tie) Regional Analysis •North America •United States •Canada Europe •UK •Germany •Spain •France •Italy •Rest of Europe Asia-Pacific •India •China •Japan •Rest of APAC Rest of The World Company Profiles •ABB Ltd. •Anixter Inc. •Atkore International Inc. •Black Box Corp. •Chatsworth Products, Inc.

  4. •Doug Mockett & Company, Inc. •Eaton Corp. •Enduro Composites, Inc. •Gripple Ltd. •Hellermanntyton Group PLC, a company of Delphi Automotive PLC •Houston Wire & Cable Co. •Legrand SA •Leviton Manufacturing Co., Inc. •NIEDAX GROUP •Omni Cable Corp. •Panduit Corp. •Prysmian S.p.A. •Schneider Electric SE •Snake Tray •TE Connectivity Ltd. •Vantrunk Ltd. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/cable-management-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. More Customized Data, Request for Report Customization @ For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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