report published by Infinium Global Research on wiring duct market provides
in-depth analysis of segments and sub-segments in the global as well as
regional wiring duct market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional wiring duct market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global wiring duct market.
According to the report, the global wiring duct market is projected to grow at
a CAGR of 4.2% over the forecast period of 2019-2025.
duct market is continuously growing in the global scenario at a significant
pace owing to the expansion of the IT sector, data centers, telecom industry,
network cabling systems, office spaces, hospitals, and other retail complexes.
Wiring duct plays a crucial role in routing and concealing wiring in electrical
control panels as a management solution.
increasing demand for an industrial automation process to upgrade industrial
processes coupled with high growth in the construction sector drives the demand
for the global wiring duct market. As
industrial automation develops and is becoming more complex, which are
generally composed of a couple of interconnected systems, components from
sensors to top-level controllers. In order to maintain complexity, wire and
cable ducts are required to protect and route cables and wires. Which in turn,
is likely to boost the growth of wiring duct market. Furthermore, growth in IT
industries, telecom industry and data centers other major factors augments the
market growth. However, fluctuation in raw materials prices and environmental
concerns regarding recycling of ducts could hamper the market growth.
Furthermore, increasing infrastructure development activities in emerging
economies and halogen free-wiring ducts provide beneficial opportunities for
the wiring duct market in coming years.
and Europe is expected to a significant share in the wiring duct market owing
to the presence of huge telecommunications and commercial base. On the other
hand, Asia Pacify is anticipated to be the fastest-growing region for this the market throughout the forecast period due to an expansion of IT hubs, telecom
industry, and data centers, the presence of several manufacturers in China and
development of power networks. Moreover, developing countries such as China,
Japan and South Korea are accounted to hold substantial shares of Asia
Pacific wiring duct market over the forecast period. The Middle East and
Africa is witnessing substantial growth in this market owing to
The report on
global wiring duct market covers segments such as type, and application. On the
basis of type, the sub-markets include narrow finger wire duct, wide finger
wire duct, flexible wiring duct, solid wall wire duct, and other types. On the
basis of application, the sub-markets include industrial, and commercial.
provides profiles of the companies in the market such as Hammond Manufacturing
Co. Ltd., Phoenix Contact GmbH & Co. KG, Panduit Corporation, Hager Group,
ABB, Leviton, and HellermannTyton.
The report provides
deep insights into the demand forecasts, market trends, and micro and macro
indicators. In addition, this report provides insights into the factors that
are driving and restraining the growth in this market. Moreover, The IGR-Growth
Matrix analysis given in the report brings an insight into the investment areas
that existing or new market players can consider. The report provides insights
into the market using analytical tools such as Porter's five forces analysis
and DRO analysis of wiring duct market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.