Global GRP Cable Trays Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global GRP Cable Trays market size was valued at USD 730.9 million in 2023 and is forecast to a readjusted size of USD 1225 million by 2030 with a CAGR of 7.7% during review period.
In the electrical wiring of buildings, a cable tray system is used to support insulated electrical cables used for power distribution, control, and communication. FRP (Fiber Reinforced Plastic) Cable Trays also known as GRP (Glass Reinforced Plastic) cable trays
Asia-Pacific is the largest consumption region, followed by North America and Europe.
The Global Info Research report includes an overview of the development of the GRP Cable Trays industry chain, the market status of IT and Telecom (GRP Ladder Type, GRP Perforated Type), Manufacturing (GRP Ladder Type, GRP Perforated Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of GRP Cable Trays.
Regionally, the report analyzes the GRP Cable Trays markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global GRP Cable Trays market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the GRP Cable Trays market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the GRP Cable Trays industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., GRP Ladder Type, GRP Perforated Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the GRP Cable Trays market.
Regional Analysis: The report involves examining the GRP Cable Trays market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the GRP Cable Trays market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to GRP Cable Trays:
Company Analysis: Report covers individual GRP Cable Trays manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards GRP Cable Trays This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (IT and Telecom, Manufacturing).
Technology Analysis: Report covers specific technologies relevant to GRP Cable Trays. It assesses the current state, advancements, and potential future developments in GRP Cable Trays areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the GRP Cable Trays market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
GRP Cable Trays market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
GRP Ladder Type
GRP Perforated Type
Other Types
Market segment by Application
IT and Telecom
Manufacturing
Energy & Utility
Oil and Gas
Mining
Other
Major players covered
Oglaend (Hilti)
Eaton
Indiana
Atkore
Korvest
Treadwell
Niedax
Thomas & Betts (ABB)
Unitech
Storskogen
Indiana
Real Safety
MP Husky
Omkar Composites Pvt ltd
Sharda Cable Trays Pvt. Ltd.
Ferrotech Structurals
Fiber Tech Composite Private Limited
Fibex
EPP Composites
ERCON Composites
Hebei Longxin
Jiansu Huapeng
Hebei Chuangye
Zhenjiang Shenlong
King Sitong
Legrand
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe GRP Cable Trays product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of GRP Cable Trays, with price, sales, revenue and global market share of GRP Cable Trays from 2019 to 2024.
Chapter 3, the GRP Cable Trays competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the GRP Cable Trays breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and GRP Cable Trays market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of GRP Cable Trays.
Chapter 14 and 15, to describe GRP Cable Trays sales channel, distributors, customers, research findings and conclusion.