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Research And Markets.
com, an international market research institution, recently released a research report on the European cable management market, saying that by 2024, the European cable management market will reach $8,289.
8 million
.
According to the report, the European cable management market size was $3,826.
6 million in 2017, and this data is expected to increase to $8,289.
8 million by 2024, with a compound annual growth rate of 11.
5%.
Factors such as increasing awareness about cable management technology and its large-scale use are driving the European cable management market
.
In addition, proper cable management ensures the safe and efficient use of
resources.
In 2017, on the basis of product type, the power distribution board segment dominated the European cable management market
by maximizing revenue.
However, on an end-user basis, the commercial construction segment led the European cable management market
in the same year.
From a national perspective, the UK is leading the European cable management market in 2017, with annual revenue of $690.
7 million and is expected to increase to $1,344.
5 million by 2024, with a compound annual growth rate of 9.
8%
from 2018 to 2024.
However, Russia is expected to grow at a CAGR of up to 15.
2%.
Research And Markets.
com, an international market research institution, recently released a research report on the European cable management market, saying that by 2024, the European cable management market will reach $8,289.
8 million
.
According to the report, the European cable management market size was $3,826.
6 million in 2017, and this data is expected to increase to $8,289.
8 million by 2024, with a compound annual growth rate of 11.
5%.
Factors such as increasing awareness about cable management technology and its large-scale use are driving the European cable management market
.
In addition, proper cable management ensures the safe and efficient use of
resources.
In 2017, on the basis of product type, the power distribution board segment dominated the European cable management market
by maximizing revenue.
However, on an end-user basis, the commercial construction segment led the European cable management market
in the same year.
From a national perspective, the UK is leading the European cable management market in 2017, with annual revenue of $690.
7 million and is expected to increase to $1,344.
5 million by 2024, with a compound annual growth rate of 9.
8%
from 2018 to 2024.
However, Russia is expected to grow at a CAGR of up to 15.
2%.
