Cable Tray Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Cable Tray Market Report is Segmented by Material (Aluminum, Steel, and Fiber-Reinforced Polymers [FRP]), End-User Industry (Power and Utilities, Construction, Industrial and Other End-User Industries [IT & Telecom, Data Centers, Etc. ]), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America). The Market Size and Forecasts are Provided in Value (USD) for all the Above Segments.

Cable Tray Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Cable Tray Market Size

Cable Tray Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 5.02 Billion
Market Size (2030) USD 8.28 Billion
CAGR (2025 - 2030) 10.54 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Cable Tray Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Cable Tray Market with other markets in Technology, Media and Telecom Industry

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Cable Tray Market Analysis

The Cable Tray Market size is estimated at USD 5.02 billion in 2025, and is expected to reach USD 8.28 billion by 2030, at a CAGR of 10.54% during the forecast period (2025-2030).

  • Cable trays are structural systems that support and organize cables for power distribution, communication, and control in buildings and industrial settings. With the global surge in construction projects, the need for efficient cable management, like cable trays, is increasing. This demand is further fueled by urbanization and infrastructure advancements. Moreover, the push for adherence to safety standards and regulations focuses on the enhancement of cable trays.
  • The growth of digital data is fueling a surge in demand for data centers. Within these centers, cable trays play a crucial role, providing efficient solutions for managing networking cables, power distribution, and fiber optics. As cloud computing services expand and the demand for data storage grows, data centers increasingly rely on these extensive cabling solutions.
  • Data centers rely on cable trays to manage their extensive cable networks. These trays not only organize and support the cables, but also prevent tangling and physical damage, ensuring smooth and uninterrupted data center operations.
  • JLL anticipates that 2025 will set a new benchmark for data center development financing. Globally, around 10 GW is projected to begin construction across the hyperscale and colocation segments, with an additional 7 GW expected to be completed. This represents an estimated asset value of USD 170 billion, requiring either development or permanent financing in 2025.
  • Installing cable trays demands specialized equipment, skilled labor, precise measurements, and unique techniques. These systems necessitate supplementary components like wrist straps, body mounts, wall mounts, fasteners, and supports, which increase the overall cost. Moreover, setting up cable trays in nuclear plants, construction sites, and sizable projects demands dedicated time, equipment, and personnel, potentially leading to construction delays and added expenses that hamper the market’s growth.

Cable Tray Industry Overview

The cable tray market is fragmented, with numerous competitors and competing technologies that provide intense rivalry among the players. Furthermore, acquisitions and collaborations of large companies with startups are expected, focusing on innovation. Some of the players include Atkore International Group Inc., Legrand SA, Thomas & Betts (ABB), Schneider Electric, and Eaton Corporation.

  • January 2024: Panduit, a network and electrical infrastructure solutions player, unveiled its latest innovation: the Wire Basket Cable Tray Routing System. This system is tailored to efficiently handle copper data cables, fiber optics, and power cables in data centers, interlinked buildings, and industrial settings. The Wire Basket features an innovative design and a superior strength-to-weight ratio over its competitors. Notably, it is robust and offers a swift and straightforward installation, making it a cost-effective choice.
  • December 2023: The Prysmian Group, a global energy and telecom cable system player, announced a pivotal service level agreement (SLA) with TenneT, the German-Dutch transmission system operator. Under this agreement, Prysmian provides comprehensive nearshore and offshore cable maintenance, inspection, and repair services for TenneT's HVDC and HVAC submarine power cables in the North Sea. This collaboration will see N-Sea providing expertise in surveying, IMR, construction, subsea cable operations, and even UXO identification and disposal.

Cable Tray Market Leaders

  1. Atkore International Group Inc.

  2. Legrand SA

  3. Thomas & Betts (ABB)

  4. Schneider Electric

  5. Eaton Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Cable Tray Market Concentration
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Cable Tray Market News

  • May 2024: ABB, a player in electrification and automation, and Niedax Group, a global player in cable management systems, announced a 50/50 joint venture. The agreement, pending customary closing conditions, is set to be finalized in Q4 2024, marking the commencement of operations. This strategic collaboration will merge the North American cable tray businesses of ABB’s Installation Products Division and Niedax Group under the new joint venture.
  • February 2024: igus, a German polymer product provider, announced the launch of UL-listed motor cable CF33.UL, designed for both cable trays and e-chains. igus developed the world’s first motor cable for energy chains and cable trays with UL approval and has a four-year functional guarantee in energy chains. CF33.UL introduces a shielded PVC motor cable to igus's chainflex lineup, offering enhanced versatility. It provides unique features, such as seamlessly transitioning from the energy chain to the cable tray without the need for a plug connection.

Cable Tray Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Overview of the Impact of Macroeconomic Trends

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Ongoing Demand for Construction-based Activity in Emerging Regions
    • 5.1.2 Demand in Renewable Energy Commercialization
    • 5.1.3 Growth in Data Centers and Telecommunications Infrastructure
    • 5.1.4 Emphasis on Workplace Safety and Compliance
  • 5.2 Market Challenges
    • 5.2.1 High Cost of Raw Materials
  • 5.3 Types of Cable Trays and their Key Applications
    • 5.3.1 Including Ladder, Solid Bottom, Wire Mesh, Single Rail, etc.

6. MARKET SEGMENTATION

  • 6.1 By Material (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics)
    • 6.1.1 Aluminum
    • 6.1.2 Steel
    • 6.1.3 Fiber-reinforced Polymers (FRP)
  • 6.2 By End-user Industry (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics)
    • 6.2.1 Power and Utilities
    • 6.2.2 Construction
    • 6.2.3 Industrial
    • 6.2.4 Other End-user Industries (IT & telecom, Data Centers, etc.)
  • 6.3 By Region (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics)
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia
    • 6.3.4 Australia and New Zealand
    • 6.3.5 Middle East and Africa
    • 6.3.6 Latin America

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Atkore International Group Inc.
    • 7.1.2 Legrand SA
    • 7.1.3 Thomas & Betts (ABB)
    • 7.1.4 Schneider Electric
    • 7.1.5 Eaton Corporation
    • 7.1.6 Chalfant Manufacturing Co.
    • 7.1.7 OBO Bettermann GmbH & Co. KG
    • 7.1.8 Hubbell Inc.
    • 7.1.9 Panduit Corporation
    • 7.1.10 OGLAEND Group Holding AS (Hilti)
    • 7.1.11 Prysmian Group
  • *List Not Exhaustive

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific
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Cable Tray Industry Segmentation

The global cable tray market study tracks the sale of cable tray systems (including accessories) provided by market vendors to various end-user industries (including power and construction) worldwide. Cable trays act as mechanical support systems that provide a rigid structural system for electrical cables, raceways, and insulated conductors used for electric power distribution, control, signal instrumentation, and communication applications.

The cable tray market is segmented by material (aluminum, steel, and fiber-reinforced polymers [FRP]), end-user industry (power and utilities, construction, industrial and other end-user industries [IT & telecom, data centers, etc.]), and region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America). The market size and forecasts are provided in value (USD) for all the above segments.

By Material (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics) Aluminum
Steel
Fiber-reinforced Polymers (FRP)
By End-user Industry (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics) Power and Utilities
Construction
Industrial
Other End-user Industries (IT & telecom, Data Centers, etc.)
By Region (Market Estimates and Forecast | CAGR| Growth Trends and Other Market Dynamics) North America
Europe
Asia
Australia and New Zealand
Middle East and Africa
Latin America
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Cable Tray Market Research Faqs

How big is the Cable Tray Market?

The Cable Tray Market size is expected to reach USD 5.02 billion in 2025 and grow at a CAGR of 10.54% to reach USD 8.28 billion by 2030.

What is the current Cable Tray Market size?

In 2025, the Cable Tray Market size is expected to reach USD 5.02 billion.

Who are the key players in Cable Tray Market?

Atkore International Group Inc., Legrand SA, Thomas & Betts (ABB), Schneider Electric and Eaton Corporation are the major companies operating in the Cable Tray Market.

Which is the fastest growing region in Cable Tray Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Cable Tray Market?

In 2025, the North America accounts for the largest market share in Cable Tray Market.

What years does this Cable Tray Market cover, and what was the market size in 2024?

In 2024, the Cable Tray Market size was estimated at USD 4.49 billion. The report covers the Cable Tray Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cable Tray Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Cable Tray Industry Report

Statistics for the 2025 Cable Tray market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cable Tray analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.