Global Cable Tray Market size is increasing rapidly and is projected to reach USD 5.46 Billion by 2026.

Indian market is responding in sync with the global market. Key market drivers are rapid infrastructure development and increasing expenditure on the construction of new facilities such as commercial & industrial establishments.

Indian growth can also be attributed to the multiple initiatives taken by Indian government in recent past. These includes Smart City Projects, Housing for all, Make-in-India, and etc. These missions & initiatives have boosted the infrastructure sector and thereby expanding the manufacturing sector. It can also be understood by the fact that Indian Government is investing over USD 150 billion on just infra projects in next 5 years. In current year of FY21 Indian government is investing USD 30 billion.

India is bound to do well in the Cable tray market and will be one of the key contributors to the Global growth of this sector.