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Wire and Cable Management Market Share

Report ID: GMI8488
Published Date: Mar 2024
Report Format: PDF

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Wire and Cable Management Market Share

TE Connectivity Ltd. and Schneider Electric SE hold over 10% share of the wire and cable management industry. Companies in the wire and cable management industry employ several key strategies to enhance their market foothold. TE Connectivity Ltd. introduces new and innovative wire and cable management products that address emerging industry trends, meet customer needs, and comply with evolving standards. The company forms strategic alliances with other companies, industry partners, or technology providers to enhance product offerings, expand market reach, and leverage complementary strengths.

Schneider Electric SE is expanding its market q presence by entering new geographical regions or strengthening operations in existing markets to tap into growing opportunities. The company is also incorporating sustainable and environmentally friendly practices in product manufacturing and promoting eco-friendly solutions, aligning with increasing industry and consumer preferences.

Wire and Cable Management Market Companies

Major players operating in the wire and cable management industry are:

ABB Ltd.
Belden Inc.
CommScope Holding Company, Inc.
HellermannTyton
Hubbell Incorporated
Legrand
Panduit Corporation
Schneider Electric SE
TE Connectivity Ltd.
WESCO International, Inc.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of wire and cable management was reached USD 20.1 billion in 2023 and is estimated to register over 7% CAGR between 2024 and 2032, favored by the heightened demand for reliable & efficient cable systems to support utilities, transportation, and communication networks.

The metallic segment accounted for a market share of over 57% in 2023 and is projected to grow through 2032 as industries like construction, automotive, and energy rely heavily on metallic solutions for their robustness in demanding environments.

Asia Pacific region captured around 33% share of the wire and cable management industry in 2023 and will continue to showcase impressive growth trends over 2024-2032, due to rapid industrialization and infrastructure development.

ABB Ltd., Belden Inc., CommScope Holding Company, Inc., HellermannTyton, Hubbell Incorporated, Legrand, Panduit Corporation, Schneider Electric SE, TE Connectivity Ltd., and WESCO International, Inc.