Global GRP Cable Tray Systems Market Growth 2024-2030

Global GRP Cable Tray Systems Market Growth 2024-2030

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.

The global GRP Cable Tray Systems market size is projected to grow from US$ 745 million in 2024 to US$ 1182 million in 2030; it is expected to grow at a CAGR of 8.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “GRP Cable Tray Systems Industry Forecast” looks at past sales and reviews total world GRP Cable Tray Systems sales in 2023, providing a comprehensive analysis by region and market sector of projected GRP Cable Tray Systems sales for 2024 through 2030. With GRP Cable Tray Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GRP Cable Tray Systems industry.

This Insight Report provides a comprehensive analysis of the global GRP Cable Tray Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on GRP Cable Tray Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global GRP Cable Tray Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GRP Cable Tray Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global GRP Cable Tray Systems.

United States market for GRP Cable Tray Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for GRP Cable Tray Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for GRP Cable Tray Systems is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key GRP Cable Tray Systems players cover Oglaend (Hilti), Eaton, Indiana, Atkore, Korvest, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of GRP Cable Tray Systems market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
GRP Ladder Type
GRP Perforated Type
Other Types

Segmentation by Application:
IT and Telecom
Manufacturing
Energy & Utility
Oil and Gas
Mining
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Oglaend (Hilti)
Eaton
Indiana
Atkore
Korvest
Treadwell
Niedax
Thomas & Betts (ABB)
Unitech
Storskogen
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global GRP Cable Tray Systems market?

What factors are driving GRP Cable Tray Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do GRP Cable Tray Systems market opportunities vary by end market size?

How does GRP Cable Tray Systems break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.