PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1810318
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1810318
The global wire and cable management market is estimated to grow from USD 26.44 billion in 2025 to USD 39.55 billion by 2030, at a CAGR of 8.4% during the forecast period. The need to drive faster expansion of infrastructural development in the key markets worldwide is a major factor that is spurring the demand for advanced wire and cable management solutions. India is witnessing a resurgence of state-driven investment in infrastructure through the National Infrastructure Pipeline and increased capital expenditure, which is seeing renewed investment in mature assets like power and transportation, and the growth of new digital-related infrastructure. Such endeavors entail major overhauls in electrical and communication systems, and the number of wires involved in these systems is large and highly complex, and needs to be handled very efficiently to create a secure environment with a guarantee of expediency.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million/Billion) |
Segments | Product, Cable Type, Material, Installation, and End User |
Regions covered | North America, Europe, Asia Pacific, South America, and Middle East & Africa |
In the United States, infrastructure continues to be chronically underfunded and deteriorated, and federal infrastructure investment policy is targeting greatly upgrading energy, transport, and digital networks, including trillion-dollar spending, with the signature legislation of the Infrastructure Investment and Jobs Act. This high level of infrastructure development increases the demand for high-level cable management to drive grid reliability, ease installation, and enable operations and maintenance.
"By material, the metallic segment is expected to be the largest material segment in the wire and cable management market during the forecast period."
The segments that are the most significant in the wire and cable management market include the metallic segment since cables and wires in this segment are very strong, durable, and able to withstand rough environments, which are characteristic of the industrial and outdoor applications. Metal conduits and trays provide high electromagnetic field (EMI) shielding, making them important in equipment transporting special power and telecom cables. They are also rugged and therefore suitable for high-stakes installations such as construction sites and industrial workplaces. Such a prevalence, facilitated by structural stability and reliability, makes metallic materials the market authority.
"By installation, the submarine segment is the fastest segment in the wire and cable management market during the forecast period."
The installation segment is projected to be the fastest-growing segment in the wire and cable management market, as submarines are experiencing rapid expansion with increasing deployment of undersea cables for global data transmission and power interconnection, particularly in offshore renewable energy projects and high-bandwidth telecommunications networks. Submarine installations involve laying specialized cables on the ocean floor, often spanning thousands of kilometers, to connect continents, islands, and remote offshore facilities. The growth is fueled by technological advancements in cable-laying vessels, sophisticated burial techniques, and high-voltage direct current (HVDC) systems, which minimize transmission losses over long distances and support the integration of renewable energy into national grids.
"By region, North America is estimated to be the second-largest market during the forecast period."
The wire and cable management market in North America is forecast to be the second biggest market because of the vast investments in infrastructure development and maintenance, wind and solar energy projects, and increasing telecommunication networks, such as the 5G implementation. Innovation in the region, especially clean energy and sustainable initiatives, combined with the need to update aging infrastructure, generates demand for high-quality, long-lasting cable solutions. Moreover, rising residential and commercial construction activities, as well as the mounting electric cars, are also beneficial to the market. The significant market share of major players and technology also promotes North America's positioning as a major global market.
By Company Type: Tier 1- 30%, Tier 2- 55%, and Tier 3 - 15%
By Designation: C-level Executives - 30%, Directors - 20%, and Others - 50%
By Region: North America - 20%, Europe - 8%, Asia Pacific - 55%, Middle East & Africa - 13%, and South America - 4%
Notes: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.
Other designations include sales managers, engineers, and regional managers.
ABB (Switzerland), Legrand (France), Atkore (US), Eaton ( Ireland), and nVent (US) are some of the major players in the wire and cable management market. The study includes an in-depth competitive analysis of these key players, including their company profiles, recent developments, and key market strategies.
The report defines, describes, and forecasts the global wire and cable management market by product, cable type, material, installation, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the wire and cable management market.
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