About Cable Carrier
Cable carriers use a system of interchangeable connections to organize conduits such as wires, hoses, and ropes. They are used to avoid cable failure in moving-parts appliances. The use of a cable carrier will overcome the issues associated with cable abrasion and loss. These are basically flexible, armored tubes into which cables pass; a set of connections on the carrier allow movement. Cable carriers are usually made of metal or a nonmetallic plastic material, and they can have removable parts to facilitate routine cable repair. Cable carriers, in addition to only allowing bending in one plane due to the rigid jointed construction, frequently only allow bending in one direction. When combined with rigid mounting of the carrier's ends, this will completely keep the sealed cables from flopping in undesirable directions and being twisted or crushed.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States & Indian Manufacturers will contribute the maximum growth to Global Cable Carrier market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Igus (Germany), Tsubaki Power Transmission, LLC. (United States), Gurukrupa Engineering (India), CDM Systems, Inc. (United States), Hont Electrical Co.,Ltd (China), Shinde Engineering (India), Bay Industrial Group Inc. (United States), Murrplastik (United States), Brevetti Stendalto S.p.A. (Italy) and EKD Gelenkrohr GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Kumbhojkar Plastic Moulders (India) and Tripcon Engineering Pvt. Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Cable Carrier market by Type (Stainless Steel, Nylon, PVC and PEEK), Application (Crane and Hoist, Machinery, Medical and Laboratory Equipment, Industrial Robots, Automatic Warehouses and Offshore Oilrigs) and Region.
On the basis of geography, the market of Cable Carrier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2023. If we see Market by Installation Type, the sub-segment i.e. Horizontal will boost the Cable Carrier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Variants, the sub-segment i.e. Open will boost the Cable Carrier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Polypropylene (PP) Cable Carriers
Market Growth Drivers:
Prevalence of Short Circuits and Accidents Due to Wire Damage and Demand for Long Range Secure Wire Networks
Challenges:
Fluctuation in the Prices of Raw Material
Opportunities:
Increasing Industrial Infrastructure and Rising Demand Across Emerging Regions
Market Leaders and their expansionary development strategies
On 6th June, 2018 - Prysmian Group Closed its Acquisition of General Cable, valued at USD 3 Billion. The Partnership Provides A Perfect Strategic Synergy That Will Help Prepare the Organisation to Face New Opportunities and Threats in The Rapidly Changing Wire and Cable Market Around the World. and On 25th March, 2021 - Omni Cable Acquired Houston Wire & Cable in a Transaction Valued at USD 91M Deal. The Merged Group Creates A Global Wire and Cable Redistribution Market Pioneer, Leveraging Omnicable And HWCC's Highly Complementary Sectors, Brands, And National Presence.
On 26th April, 2021 - Tsubaki Kabelschlepp Released New Cable Carrier Innovation, called “Cleanveyor”. The New Wear-Resistant Cables, Hoses and Carrier Elements, Cleanroom Flat Cable Systems Was Built Primarily for Use in Cleanrooms and Is Intended to Overcome Problems in The Semiconductor and Medical Industries.
Key Target Audience
Cable Carrier Manufactures, New Entrants and Investors, Cable Carrier Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.