How Does Cable Tray Act as a Robust and Sustainable Solution for Various Leading Industries?

Highlights:

• Introduction
• Wide use cases of cable trays
• Dominant region and country promoting the use of cable trays
• Key developments in the region

Cable trays are mechanical support systems that provide rigid protection for electrical cables and raceways. They can support different variants of wiring which include high voltage power lines, optical lines, telecom and control lines, and power distribution lines. Cable trays are generally utilized for managing framework used to help the messy trap of wires all through the various ventures. These systems are made of galvanized steel, stainless steel, and aluminum. They also protect and support insulated conductors used for electric power distribution, control, signal instrumentation, and communication.

Diverse applicability of cable trays strengthening various industrial activities

Cable tray systems are considered support systems that help to support and protect both power and signal cables by accelerating the upgrading, reconfiguring, enlarging big electric networks. The systems are the perfect solution for running large quantities of power or data cables overhead and underground floors.

These mechanical systems provide a structured pathway for high-voltage power cables, ensuring efficient transmission of electricity from the source to various distribution points. Therefore, they serve as an ideal solution for the distribution of power cables within substations, power plants, and industrial facilities. Moreover, cable trays are used in overhead transmission line installations to support and protect high-voltage transmission cables. They are mounted on towers or poles to provide a secure pathway for the cables. The systems are used to protect these cables from various environmental factors and minimize the risk of damage. For underground cable management, these systems are used for routing cables through trenches or ducts, ensuring proper segregation and minimizing the chances of wear and tear cables during installation and maintenance activities. Because of their wide applications in the power sector, the power segment is expected to hold the highest share in the cable tray industry from 2023 to 2032.

On the contrary, cable trays can acclimatize to complex structures due to their greater flexibility. This property has increased their usage for the development of domestic structures, hospitals, and shopping promenades. In addition, systems have greater resistance to environmental impacts, high maximum operating temperature, high coating strength, and double erosion protection capacity which makes them ideal for various construction activities.

Which region has shown its prominence in developing cutting-edge cable trays?

The cable tray industry is analyzed across various regions and countries. Based on region-wise analysis, the Asia-Pacific region held the dominant market share in 2022 and is expected to continue a steady growth during 2023-2032. This is majorly due to the increase in the adoption of advanced technologies in cable tray manufacturing and installation processes across the region. Several manufacturers in the region have also integrated technological innovations to enhance durability, quality, and efficiency of cable trays. However, based on country, China is expected to witness the fastest CAGR of 7.1% from 2023 to 2032. This is mainly because many leading manufacturing companies have emphasized developing cable tray systems made from recyclable materials to minimize the environmental impact. However, Germany and India followed China in terms of CAGR of 7.0% and 6.9% respectively during the forecast period.

How have the contributions of top players reshaped the industry landscape?

Many leading players in the domain have made alliances and come up with innovative product launches to safeguard the industry’s competitiveness. For instance, in January 2024, Panduit, a leading developer of smarter, scalable network infrastructure and industrial electrical wiring solutions announced the launch of its next-generation cable management solutions, namely, the Wire Basket Cable Tray Routing System to route and manage copper data cables, fiber optic within connected buildings, data center, and industrial environments. This cutting-edge solution offers an innovative design that improves strength-to-weight ratio compared to other competitive options. Additionally, the wire basket cable tray is easier and quicker to install, providing a cost-effective installation solution. Furthermore, the wire basket pathway sections have a grid pattern with larger openings than previous routing systems offerings. This allows more cables to pass through while reducing wire cutting. The routing system creates a safer environment for network engineers by creating less wire cutting and leaving fewer sharp edges.

On the other hand, February 2021, nVent Electric plc, a global leader in enclosures, electric heat-tracing solutions announced its acquisition of the assets of WBT LLC, a leading US-based manufacturer of cable trays. With this acquisition, nVent aimed to use WBT’s unique and labor-saving cable tray products to its Caddy j-hooks and fasteners, offering its customers a one-stop solution for cable management and pathways for numerous commercial and industrial applications.

To conclude, the surge in construction activities across the globe to promote safety in organizations is expected to boost the growth of the domain in the coming years. Moreover, rapid urbanization, infrastructure development, and the increase in need for reliable cable management solutions in both commercial and industrial settings is anticipated to create extensive growth opportunities for the sector in the future.

To identify emerging opportunities in the cable tray industry, feel free to talk to our industry experts today! They can help you develop new business strategies and initiatives.

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