The GMI Research forecasts that the Egypt overhead cable management solutions market is witnessing an upsurge in demand during the forecast period. This is mainly due to the increasing population in Egypt, which has upsurged the introduction of transmission and distribution networks (T&D) and increased investment by private and public sectors.
Egypt Overhead Cable Management Solutions Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers
The major factor propelling the growth of the Egypt overhead cable management solutions market include the increasing population in Egypt has upsurged the introduction of transmission and distribution networks (T&D). Continuous industrialization and urbanization are the major factors fuelling the demand for the market. The increasing investment by private and public sectors, such as manufacturing, transportation, commercial sector, oil & gas and growing investments in renewable resources for power supply is further augmenting the growth of the market. For example, in 2019, the International Atomic Energy Agency, Egypt approved a strategy to surge renewable energy contribution by 20 percent of total energy, where the wind would represent 12%, hydropower 6%, and 2% by other renewable energy resources. All these factors are bolstering the growth of the overhead cable management solutions market in Egypt. In addition to this, the rising advancement in data centers for small & medium enterprises across education, healthcare, and retail sectors is contributing to the growth of the overhead cable management solutions market in Egypt.
Overhead Types Segment Drivers
On the basis of overhead types, the market is segmented into cable trunking, cable trays, and accessories. The cable trays segment is projected to increase at a higher CAGR in the upcoming years. The ladder cable tray segment, a sub-segment of cable trays, is witnessing strong demand. The ladder cable tray provides a large range of features, such as maximum free airflow, effective heat dissipation, and the convenience of rungs for tying down cables. Furthermore, the main employment of cable tray solutions in the commercial sector, which is energizing the market in Egypt, thus accelerating the growth of the cable trays segment in the overhead cable management solutions market in Egypt.
Egypt Overhead Cable Management Solutions Market Segmentation: Segmentation by Overhead Types:
Cable Trays
Ladder
Perforated
Solid Bottom
Wiremesh
Single Rail
Channel
Cable Trunking
Accessories
Segmentation by Finishing Types:
Hot Dip Galvanized
Pre-Galvanized
Electro Galvanized
Stainless Steel
Epoxy Coating
GRP/FRP
Others
Segmentation by Type:
Below 1.5 mm
5 mm – 2.5 mm
Above 2.5 mm
Segmentation by Applications:
Commercial
Transportation
Industrial
Power Utilities
Mining
Oil & Gas
Others