APAC Wire Mesh Cable Tray Market - Industry Trends and Forecast to 2031
The Asia-Pacific wire mesh cable tray market is expected to reach USD 332,691.77 thousand by 2030 from USD 195,530.19 thousand in 2022, growing at a CAGR of 7.1% during the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Wire Mesh Cable Tray, By Type (Stainless Steel Wire Mesh Cable Tray, Aluminum Wire Mesh Cable Tray, Carbon Steel Wire Mesh Cable Tray, Hot Dip Galvanized (HDG) Wire Mesh Cable Tray, Electro Zinc (EZ) Wire Mesh Cable Tray, and Others), Width (101 MM to 300 MM, Below 100 MM, 301 MM to 500 MM, 501 MM to 700 MM, and Above 700 MM), Duty Type (Light Duty, Medium Duty, and Heavy Duty), Cable Type (Data and Communication Cable and Electric/Power Cable), Application (Indoor and Outdoor), End-User (Data Center and IT, Factory and Industrial Facilities, Healthcare and Pharmaceutical, Power and Energy, Telecommunication, Oil and Gas, Commercial Buildings, Transportation, Residential Construction, Education, and Others), Sales Channel (Direct and Indirect), Country (China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Overview of Asia-Pacific Wire Mesh Cable Tray Market Dynamics
Driver
• Expansion of data centers and IT & telecom industry
Restraint
• High cost associated with advanced wire mesh cable trays
Opportunity
• Increasing collaboration and partnership among market players
Market Players
Some of the major market players operating in the Asia-Pacific wire mesh cable tray market are:• Schneider Electric
• Legrand
• Eaton
• OBO Bettermann Holding GmbH & Co. KG
• Panduit Corp.
• Chatsworth Products
• Lxtelecom
• EAE
• MP Husky USA Cable Tray Cable Bus
• Niedax Group
• Marco
• Ningbo Vichnet Technology Co. Ltd.
• Electrix International Ltd
• Demma
• Spina Group srl
• TOPWELLTECH