According to Cognitive Market Research, the global Cable Tray market size is USD 4215.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America holds the major market of more than 40% of the global revenue with a market size of USD 1686.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounts for a share of over 30% of the global market size of USD 1264.56 million.
Asia Pacific holds the market of around 23% of the global revenue with a market size of USD 969.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 210.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa holds the major market of around 2% of the global revenue with a market size of USD 84.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Aluminum holds the highest Cable Tray market revenue share in 2024.
