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    Home > Chemicals Industry > International Chemical > From 2018 to 24, the overhead cable management market in the Gulf region grew at a compound annual rate of 8.9%

    From 2018 to 24, the overhead cable management market in the Gulf region grew at a compound annual rate of 8.9%

    • Last Update: 2023-01-01
    • Source: Internet
    • Author: User
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    According to the latest research report released by Research And Markets, the Bay Area overhead cable management solutions market will grow at a CAGR of 8.
    9% from 2018 to 2024
    .

    Government initiatives such as Qatar's National Outlook 2030, Saudi Vision 2030, and Dubai Outlook 2021 are expected to contribute to the non-oil economic growth
    of many countries in the Middle East during the forecast period.

    By type, the trapezoidal cable tray segment is expected to be the highest revenue segment in the overall market due to its desirable features such as efficient heat dissipation, maximum free air flow, and ease of tiers to tie cables together
    .

    Cable trays and cluster solutions hold a prominent position in the commercial segment, which is the major market revenue stream for the overhead cable management solutions market
    across the Gulf region.

    The business and transportation sectors in several Middle Eastern countries are expected to grow
    significantly during the forecast period as the social infrastructure sector in these countries will boom in the coming years.

    According to the latest research report released by Research And Markets, the Bay Area overhead cable management solutions market will grow at a CAGR of 8.
    9% from 2018 to 2024
    .

    Overhead cables

    Government initiatives such as Qatar's National Outlook 2030, Saudi Vision 2030, and Dubai Outlook 2021 are expected to contribute to the non-oil economic growth
    of many countries in the Middle East during the forecast period.

    By type, the trapezoidal cable tray segment is expected to be the highest revenue segment in the overall market due to its desirable features such as efficient heat dissipation, maximum free air flow, and ease of tiers to tie cables together
    .

    Cable trays and cluster solutions hold a prominent position in the commercial segment, which is the major market revenue stream for the overhead cable management solutions market
    across the Gulf region.

    The business and transportation sectors in several Middle Eastern countries are expected to grow
    significantly during the forecast period as the social infrastructure sector in these countries will boom in the coming years.

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