World market for cable clamps 2020-2024 | Development opportunities with ABB Ltd. and Panduit Corp. Technavio

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LONDON – (BUSINESS WIRE) – January 13, 2020–

The global market for cable clamps is expected to grow by $ 6.49 billion between 2020 and 2024, and will reach an annual growth rate of nearly 7% over the forecast period. Request free sample pages

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Technavio has released its latest market research report, Global Cable Clamps Market 2020-2024. (Graphic: Business Wire)

Read the 152-page research report with table of contents on the topic "Market analysis report for cable clamps by application (residential, commercial and industrial), by geography (APAC, North America, Europe, MEA and South America) and by segment forecasts, 2020 – 2024."

The market is driven by the growth of the construction industry. In addition, the expansion of telecommunications networks is expected to drive the growth of the market for cable clamps in the forecast period.

Construction activity has increased in the past five years due to the economic recovery in several countries worldwide. Rising demand for housing and low unemployment are contributing to the growth of the construction industry in the United States. Similarly, rapid urbanization and substantial investment in infrastructure development are driving the growth of the construction industry in emerging economies. This has continued to increase demand for electrical and electronic products including wires and cables. In addition, cable clamps are often used as cable accessories in the construction industry. In addition, the increasing use of wires and cables to facilitate networks and telecommunications in residential, commercial and industrial plants in the forecast period will also drive the growth of the market for cable clamps.

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The five most important market companies for cable clamps:

ABB Ltd.

ABB Ltd. is active in the following main business areas: electrification products, robotics and motion, industrial automation as well as corporate and other areas. The company manufactures and supplies various cable clamps, including ZS10-PR, ZS10-OR, ZS10-BL, ZS10-RD and ZS10-S-BL.

Panduit Corp.

The Panduit Corp. operates in the following business areas: cabinets, thermal management, racks and enclosures, cable termination, copper systems and others. The company manufactures and offers a wide range of cable clamp products, including ARC.68-A-C14, ARC.68-AC, ARC.68-AQ, ARC.68-A-Q14, ARC.68-S6-C14 and ARC .68-S6-Q14.

Emerson Electric Co.

Emerson Electric Co. operates in various segments, including Automation Solutions, Climate Technologies and Tools & Home Products. The company manufactures and offers cable clamps such as Appleton Bus Drop Cable Supports and Clamps.

Schneider Electric SE

Schneider Electric SE operates the business in various key segments, including low voltage, medium voltage, secure power and industrial automation. The company manufactures and offers various types of cable clamps. Some of the products offered by the company are XY2CZ523, VRKD2YYYYY00002, EZ9ECLMP and HMIZSCLP1.

Amphenol Corp.

Amphenol Corp. operates the business in the following segments: connection products and assemblies as well as cable products and solutions. The company manufactures and offers a variety of cable clamp products. Some of the products offered by the company are ABS1339 standard cable clamps, ABS1339 light cable clamps and ABS2195 / CC5516 series clamps.

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End User Outlook for Cable Clamps (Revenue, $ million, 2020-2024)

Regional Outlook for Cable Clamps (Revenue, $ million, 2020-2024)

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PUB: 1/13/2020 10:30 AM / DISC: 1/13/2020 10:30 AM