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Technavio, an international market research institution, recently released a report that the global cable duct market will grow
at a compound annual growth rate of more than 9% from 2018 to 2022.
Building automation systems (BAS) are one of the major trends in the
global cable duct market from 2018 to 2022.
Building automation systems that control and monitor building-specific HVAC and other facilities have been improved through computing and digital communication tools, resulting in increased energy efficiency
.
According to Technavio analysts, one of the key factors leading to the growth of the global cable duct market is the increasing bias towards the conduit type
.
Cable ducts are the first choice
for cable management in commercial and industrial facilities.
They usually come in three types, including rigid metal conduit, intermediate metal conduit, and electrical metal conduit
.
The conduit completely encloses the cable and therefore provides excellent protection
against electromagnetic interference.
According to Technavio's senior analyst research on engineering tools, "cable ducts offer advantages
over cable ducts in terms of design complexity, installation simplicity, and low cost.
" Compared to cable ducting, cable ducts are made of better materials
.
”
Among the three major end-users of commercial, industrial and residential, commercial accounted for the largest market share in 2017, reaching more than
40%.
This end-user segment will continue to dominate the global market throughout the
forecast period.
Regionally, the Americas accounted for the largest share in 2017, approaching 40%.
This is followed by Europe, the Middle East and Africa, and the Asia-Pacific region
.
Among them, Asia Pacific will witness the fastest growth
during the forecast period.
Technavio, an international market research institution, recently released a report that the global cable duct market will grow
at a compound annual growth rate of more than 9% from 2018 to 2022.
Building automation systems (BAS) are one of the major trends in the
global cable duct market from 2018 to 2022.
Building automation systems that control and monitor building-specific HVAC and other facilities have been improved through computing and digital communication tools, resulting in increased energy efficiency
.
According to Technavio analysts, one of the key factors leading to the growth of the global cable duct market is the increasing bias towards the conduit type
.
Cable ducts are the first choice
for cable management in commercial and industrial facilities.
They usually come in three types, including rigid metal conduit, intermediate metal conduit, and electrical metal conduit
.
The conduit completely encloses the cable and therefore provides excellent protection
against electromagnetic interference.
According to Technavio's senior analyst research on engineering tools, "cable ducts offer advantages
over cable ducts in terms of design complexity, installation simplicity, and low cost.
" Compared to cable ducting, cable ducts are made of better materials
.
”
Among the three major end-users of commercial, industrial and residential, commercial accounted for the largest market share in 2017, reaching more than
40%.
This end-user segment will continue to dominate the global market throughout the
forecast period.
Regionally, the Americas accounted for the largest share in 2017, approaching 40%.
This is followed by Europe, the Middle East and Africa, and the Asia-Pacific region
.
Among them, Asia Pacific will witness the fastest growth
during the forecast period.
