Cable Cleats Market Size, Share & Industry Analysis, By Material Type (Metallic and Non-Metallic), By Type (Single Cable Cleats and Multiple Cable Cleats), By End-User Industry (IT and Telecom, Oil and Gas, Industrial, Power Generation and Distribution, Transportation, and Others), and Regional Forecast, 2024-2032

The global cable cleats market size was valued at USD 306.07 million in 2023. It is projected to grow from USD 331.42 million in 2024 to USD 666.78 million by 2032, exhibiting a CAGR of 9.13% during the forecast period.

Cable cleats secure electrical cables and prevent them from sustaining damage or causing accidents. They are essential when high short-circuit forces could cause cables to move violently, potentially leading to hazards. Cable cleats help maintain system integrity and prevent electrical faults by holding cables in place.

Cable cleats are made from materials, such as stainless steel, aluminum, and high-strength polymers, designed to withstand harsh environmental conditions, including high temperatures, chemical exposure, and mechanical stress. This durability makes them reliable for long-term use in demanding applications such as oil and gas, mining, and offshore platforms. Cable cleats are designed for easy installation and can be mounted on various surfaces, including walls, ceilings, and floors. Their ease of installation reduces downtime and labor costs, making them a cost-effective solution for cable management. Additionally, they simplify maintenance by providing easy access to cables for inspection and servicing.

The COVID-19 pandemic led to interruptions in global supply chains, affecting the production and distribution of cable cleats. This was due to factory shutdowns, restrictions on movement, and a slowdown in raw material availability. Many construction and infrastructure projects were delayed or put on hold, reducing the demand for cable cleats.

Cable Cleats Market Trends

Adoption of Cable Cleats in Renewable Energy Projects to Drive Market Demand

Renewable energy installations such as solar and wind farms require robust and reliable cable management solutions to ensure operational safety. Cable cleats provide essential support and protection to cables, preventing movement and potential damage due to environmental factors or electrical faults. Renewable energy projects often operate in challenging environments, such as offshore wind farms, which face harsh marine conditions. Stainless steel and non-metallic cable cleats are particularly valued in these settings for their corrosion resistance and durability, ensuring the long-term reliability of the electrical infrastructure.​

Renewable energy projects often operate in challenging environments. Offshore wind farms, for instance, face harsh marine conditions. Stainless steel and non-metallic cable cleats are particularly valued in these settings for their corrosion resistance and durability, ensuring the long-term reliability of the electrical infrastructure. In September 2023, Ellis Patents' Emperor Cable Ties and Flexi-Straps were installed in the first U.S. offshore wind farm to use a High Voltage Direct Current (HVDC) system to deliver onshore power. Sunrise wind offshore wind farm is a significant step toward New York's clean energy goals. Once completed, it will provide nearly 600,000 households with renewable electricity by 2025.

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Cable Cleats Market Growth Factors

Rising Data Centers is Driving Demand for Cable Cleats

According to the International Energy Agency, strong growth in demand for data network services is projected to continue, propelled principally by data-demanding activities, such as cloud gaming, video streaming, and others. In addition, demand for data centers is also expected to increase due to emerging digital technologies, such as blockchain and machine learning. For instance, Bitcoin – one of the best examples of proof-of-work blockchain and the most esteemed cryptocurrency by market capitalization – consumed an estimated ~110 TWh in 2022, 20 times more than in 2016.

Furthermore, the nature of data center demand is anticipated to change over the coming years, with the Internet of Things, 5G, and the metaverse likely to surge the demand for low-latency computing and rising demand for edge data centers.

These data-intensive services have increased the demand for data storage and data centers. The increasing data center infrastructure is consequently surging the adoption of cable management solutions such as cable cleats.

Increasing Spending on Transportation Infrastructure is Driving Market Growth

The increasing spending on transportation infrastructure is surging the demand for cable cleats. The cable used in airports ensures the safety and dependability of airport electrical operations as a significant part of the electrical system. Cable cleats are utilized where the highest levels of short-circuit withstand are needed. The cable cleats are installed in substations and utility service tunnels throughout the airport.

It is also used to protect signaling cables along railway tracks, ensuring the dependability and safety of train operations.

For instance, according to the India Brand Equity Foundation, six international airports were completed under public-private partnerships in India. The sector will observe investments worth ~USD 25 billion by 2027.

Furthermore, in the U.S., the Federal Aviation Administration is awarding ~USD 970 million from President Biden’s Bipartisan Investing in America agenda to 114 national airports, comprising three territories and 44 states.

This spending toward the transportation sector might result in a strong demand for cable management solutions, such as cable cleats.

RESTRAINING FACTORS

Lack of Awareness About Benefits and Importance of Utilizing Cable Cleats and Volatility in Price of Raw Materials to Restrain Market Growth

In many emerging markets, there is a limited understanding of the critical role cable cleats play in ensuring the safety and reliability of electrical systems. This lack of awareness can lead to underinvestment in proper cable management solutions. Many industries and installers may prefer traditional methods of cable management, such as cable ties or conduit systems, which are perceived to be simpler and cheaper, even if they do not provide the same level of safety and reliability as cable cleats.

The volatility is the price of crude oil, which creates uncertainty in the prices of polymers/plastics. In addition, steel and aluminum are also some of the raw materials whose prices are considerably volatile.

According to the Organization for Economic Cooperation and Development (OECD), broad indices of both rebar and flat steel prices were relatively steady and, as of June 2022, stood correspondingly 7% higher and 6% lower than six months prior. Flat steel product prices trailed comparable dynamics across regions during the first semester of 2023: a gain (though less than their 2021 jump) trailed by a drop. The volatile nature of the raw materials creates market challenges for cable cleat manufacturers.

Cable Cleats Market Segmentation Analysis

By Material Type Analysis

Metallic Cable Cleats are Highly Preferred for their Strength and Durability in Securing Cables in Large Scale Projects

Based on material type, the market is bifurcated into metallic and non-metallic. The growth in construction and infrastructure projects worldwide, particularly in emerging economies, drives the demand for reliable and durable cable management systems. Metallic cable cleats are the dominating segment in the cable cleat market. They are preferred for their strength and durability in securing cables in large-scale projects. Expanding renewable energy projects, such as wind and solar farms, requires robust cable management solutions. Metallic cable cleats offer the necessary durability and resistance to environmental factors, making them suitable for these applications.

Non-metallic cable cleats are expected to witness considerable growth in the coming years. This is due to advantages such as lighter weight than their metallic counterparts, which makes them easier to handle and install. This reduces installation and labor costs, making them an attractive option for many applications. In addition, they are highly resistant to corrosion and chemical exposure, which makes them ideal for harsh environments, such as offshore platforms, chemical plants, and coastal areas.

By Type Analysis

Single Cable Cleats Dominate as they are Designed to Secure Individual Cables, Providing Precise and Reliable Management

The global cable cleats market is segmented by type into single cable cleats and multiple cable cleats. Single cable cleat is the dominating segment. Rapid urbanization and infrastructure development, especially in emerging markets, require extensive cabling systems for power distribution, telecommunications, and other utilities. Single cable cleats are essential for securing individual cables in these systems. They increase safety standards and regulations and are in high demand from various industries for reliable cable management. Single cable cleats provide a safe method for fastening individual cables, minimizing the risk of electrical faults, short circuits, and fire hazards.

Modern infrastructure projects often require the management of multiple cables running parallel or bundled together. Multiple cable cleats provide an efficient solution for securing and organizing these cables, ensuring they remain in place and reducing the risk of tangling or damage. With conventional use of multiple cable cleats, it is growing steadily in the market.

By End-User Industry Analysis

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Increased Awareness Regarding Cable Management in Industrial Sector to Drive Market Growth

The global market is segmented by end-user industry into IT and telecom, oil and gas, industrial, power generation and distribution, transportation, and others. The industrial segment is dominant in the cable cleats market. Industrial settings often involve harsh environmental conditions, such as high temperatures, corrosive substances, heavy vibrations, and mechanical stresses. Cable cleats are crucial for securing cables in these environments to prevent damage and ensure continuous operation. The industrial sector is subject to stringent safety regulations and standards to prevent accidents and ensure safe operations.

IT and telecom are expected to grow at a considerable rate. The rapid growth of data centers to support cloud computing, big data, and Internet of Things (IoT) applications has led to a substantial demand for cable cleats. It is essential for organizing and securing the vast amounts of cabling required in these facilities, ensuring reliability and performance.

REGIONAL INSIGHTS

The global cable cleat market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Asia Pacific will be the dominant one in the coming years. Many countries in the region are undergoing rapid industrialization and urbanization. This leads to increased infrastructure construction, including buildings, transportation systems, and utilities, all requiring extensive cabling and robust cable management solutions such as cable cleats. Large-scale infrastructure development projects, such as the construction of highways, railways, airports, and ports, will drive the demand for effective cable management. Cable cleats are essential for securing cables in these extensive and often complex infrastructure projects.

The North America cable cleats market is significantly growing due to a rise in investment in electricity supply and its related infrastructure. In 2023, utility-scale electricity generation in the United States reached approximately 4,178 billion kilowatt-hours (kWh), equivalent to around 4.18 trillion kWh. The Energy Information Administration (EIA) projects that small-scale solar photovoltaic (PV) systems contributed an extra 73.62 billion kWh, or about 0.07 trillion kWh, to this total.

Substantial investments are being made in infrastructure development in the Middle East & Africa, including constructing new buildings, transportation systems, and utilities. Cable cleats are essential for securing and managing the extensive cabling required in these projects.

KEY INDUSTRY PLAYERS

Key Players to Focus on Product Launch and Acquisition for Evolving Industry Needs

The active industrial participants are aiming to reinforce their position by launching new products and strategically acquiring some of the companies.

For instance, in March 2020, CMP Products, a leading manufacturer of cable glands and cable clamps, introduced its new Saturn (QSDSS) Quadruple Cable Clamp Kit, which provides secure installation of cables in a quadruple configuration.

Designed and developed by CMP's in-house R&D team, the Saturn quad has a market-leading 152kA short-circuit rating. It has undergone rigorous third-party testing and certification to produce one of the most robust mounts in its class.

In addition, in 2022, Atkore Inc. acquired the assets of Talon Products, LLC. Talon provides patented, non-metallic, injection-molded cable cleats for power distribution applications. Sold as Talon Cable Cleats, the product supports and holds electrical cables when installed at intervals along the length of the cable.

List of Top Cable Cleats Companies:

• CMP Products (U.K.)


• Ellis Patents (U.K.)


• Panduit (U.S.)


• 3M (U.S.)


• Prysmian Group (Italy)


• Eaton (Ireland)


• Hilti (Liechtenstein)


• Schneider Electric (France)


• Nexans (France)


• ABB (Switzerland)


• Legrand (France)


• Bicon (Bengaluru)


• TE Connectivity (Switzerland)


• TransNet NZ Ltd. (New Zealand)


• Cembre S.p.A.(Italy)


• Atkore Inc. (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• December 2023: Unicrimp added metal cables to its growing range of Q-Fire cable accessories. The new metal cable ties comply with BS 7671 (18th edition) and are designed to prevent cables from prematurely collapsing during a fire, keeping emergency services and the public safe. The 18th Edition cable regulations require that cable support systems be constructed of materials that can withstand premature collapse from direct heat.


• December 2023: Panduit, the world's leading industry leader, was again in the headlines in the dynamic environment of power and network infrastructure solutions. They began an extensive testing program to ensure their cable cleats meet the latest Canadian Standards Association (CSA) technical standards. This important initiative underscored Panduit's unwavering commitment to providing cutting-edge, secure, and reliable solutions that meet the ever-evolving demands of the industry.


• March 2022: The new V0 series of cable cleats from TE Connectivity (TE), a global leader in connectivity and sensors, improves cable management and protection in various applications, including wind farms, substations, data centers, rail and metro stations, and more. As energy demand increases, the complexity of cable systems increases. Inadequate or unreliable cable management solutions can lead to large financial losses due to property damage caused by short circuits.


• June 2021: CMP Products, a leading manufacturer of cable glands, cable fasteners, and accessories, has launched a comprehensive "database" to support customers and users of cable glands in various industries. The knowledge base is a collection of technical knowledge and advice gathered from CMPs with more than 60 years of experience in the field of cable glands. The easy-to-use guide provides users with useful technical information and application recommendations to assist in selecting and installing cable glands. It also includes advice on best practices for industrial and explosive equipment.


• July 2020: Ellis Patents was awarded a specification to supply U.K.-designed and manufactured cable cleats to a Brazilian pulp and paper producer. Metso Brasil specified the North Yorkshire company's 2F+ cable clamps to secure electrical cables to the multi-million Brazilian real (R$) expansion of the Suzano Papel e Celulose Imperatriz plant, which is a city of more than half a million people in the state from Maranhão.

REPORT COVERAGE

The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, products, and product technology. Besides, it offers insights into the market trends and highlights key industry developments. In addition to the factors mentioned above, it encompasses several factors that contributed to the growth of the market in recent years.

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REPORT SCOPE & SEGMENTATION