Trunking System Market is Expected to grow at a robust CAGR of 5.86% through 2030F
Trunking System market is increasing due to the growing
demand for efficient cable management solutions in industrial, commercial, and
residential infrastructure projects during
the forecast period 2026-2030F.
According to TechSci Research report, “Trunking System Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, The
Global Trunking System Market was valued at USD 12.24 Billion in 2024 and is
expected to reach USD 17.38 Billion by 2030 with a CAGR of 5.86% during the
forecast period.
The Trunking System market is experiencing strong
growth due to the increasing adoption of Internet of Things (IoT) and smart
building technologies, which require advanced cable and power management
solutions. Smart buildings, equipped with IoT-enabled devices for lighting,
HVAC, security, and energy management, rely on trunking systems to organize and
protect the extensive cabling needed for connectivity and power distribution.
These systems ensure seamless integration of sensors, controllers, and communication
networks, enabling real-time monitoring and automation.
The global rise in smart building projects, driven by
the need for energy efficiency and enhanced occupant comfort, has led to
increased demand for trunking systems in commercial and residential sectors.
For instance, office complexes and retail spaces are adopting smart lighting
and climate control systems, which require cable trunking for structured wiring
and busbar trunking for efficient power delivery. The integration of 5G
networks and edge computing further amplifies the need for robust trunking solutions
to support high-speed data transmission and low-latency connectivity.
In regions like Asia-Pacific, where urbanization and
digitalization are accelerating, government initiatives to promote smart cities
are driving investments in smart building infrastructure, boosting market
growth. Additionally, the focus on sustainability in smart buildings, supported
by certifications like BREEAM, encourages the use of energy-efficient trunking
systems that reduce power consumption and enhance safety.
Manufacturers are responding by developing modular and
customizable trunking solutions that cater to the dynamic requirements of smart
buildings. The ability of trunking systems to support future upgrades and
integrate with emerging technologies positions them as a critical component of
modern infrastructure. As IoT adoption and smart building projects continue to
expand, the Trunking System market is expected to see sustained demand across
diverse applications.
The World Economic Forum estimates that 30% of new
buildings globally incorporated smart technologies in 2023, with smart building
investments reaching USD150 billion. This trend drives demand for trunking
systems to manage cabling and power in IoT-enabled infrastructure.
The Trunking System market is challenged by intense
competition and rapid technological disruption, which create pressures on
manufacturers to innovate continuously while maintaining cost competitiveness.
The market features a mix of global giants and regional players, all competing
to capture market share through product differentiation, pricing strategies,
and technological advancements. Low-cost manufacturers, particularly in
Asia-Pacific, offer affordable trunking solutions that appeal to price-sensitive
customers, putting pressure on established players to reduce prices without
compromising quality.
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Trunking System Market"
Based on End-use Industry, In 2024, the
construction segment dominated the global trunking system market and is
expected to maintain its dominance during the forecast period. The primary
factor driving the dominance of the construction segment is the rapid increase
in commercial, residential, and industrial infrastructure projects across both
developed and developing economies. Urbanization, growing population density in
metropolitan regions, and government-led infrastructure development initiatives
have significantly increased the demand for efficient and scalable electrical
cable management systems. Trunking systems are extensively used in construction
to provide organized, safe, and accessible pathways for power and data cables,
especially in multi-storey buildings, commercial complexes, and high-rise
residential properties.
Additionally, the increasing focus on energy-efficient
buildings and smart infrastructure has led to greater adoption of trunking
systems due to their compatibility with modern lighting and power distribution
networks. The demand has been further fueled by the integration of smart
building technologies and advanced electrical networks, which require robust
and flexible cable management frameworks to accommodate frequent changes and
upgrades. Trunking systems offer ease of installation, reduced maintenance requirements,
and improved aesthetics, which are critical considerations in contemporary
construction projects. The construction industry's focus on modular and
prefabricated building methods also aligns well with the structured layout
offered by trunking systems.
Emerging economies in Asia-Pacific, the Middle East,
and Africa are witnessing a construction boom, particularly in commercial
office spaces, educational institutions, healthcare facilities, and
transportation infrastructure, which is creating sustained demand for trunking
systems. Furthermore, regulatory compliance concerning safety standards in
electrical installations is strengthening the preference for trunking systems
over conventional wiring methods.
With the global construction sector poised to expand
steadily, supported by public and private sector investments, the construction
segment is projected to continue leading the global trunking system market
throughout the forecast period.
Europe emerged as the fastest-growing region in the
global trunking system market in 2024 and is expected to maintain this momentum
during the forecast period. The growth is primarily driven by the region’s
robust infrastructure modernization programs, stringent energy efficiency
regulations, and rapid adoption of smart building technologies. Countries such
as Germany, France, the United Kingdom, and the Netherlands are heavily
investing in smart cities and sustainable infrastructure projects, which require
advanced electrical and cable management systems.
Trunking systems, known for their flexibility, safety,
and ease of installation, are increasingly being integrated into both new
constructions and retrofit projects across residential, commercial, and
industrial buildings. The push for energy-efficient and green buildings under
regulatory frameworks such as the European Green Deal and Energy Performance of
Buildings Directive (EPBD) is further accelerating the demand for organized
cable routing and power distribution systems like trunking. Additionally, the
increasing focus on data centers, high-speed communication networks, and
industrial automation is propelling the need for structured wiring and trunking
infrastructure, particularly in Western Europe.
The region’s strong emphasis on fire safety,
aesthetics, and modularity in electrical installations has also contributed to
the rising popularity of steel and aluminum-based trunking systems. Moreover,
the presence of leading trunking system manufacturers and technological
innovators headquartered in Europe gives the region a competitive edge in
product development and customized solutions. Ongoing upgrades in public sector
infrastructure, transport systems, and healthcare facilities are also creating
significant opportunities for trunking system deployment. The growing adoption
of digital control systems and building automation in both the private and
public sectors reinforces the need for reliable and scalable cable management
frameworks. With supportive government initiatives, rising construction
activities, and increasing investments in smart infrastructure, Europe is
expected to sustain its position as the fastest-growing region in the global
trunking system market.
Key market players in the Global Trunking
System market are: -
- Legrand
S.A.
- ABB
Ltd.
- Schneider
Electric SE
- Eaton
Corporation plc
- Siemens
AG
- Niedax
Group
- Atkore
International Group Inc.
- Hager
Group
- MK
Electric (A Honeywell Company)
- OBO
Bettermann Group
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“The trunking system market is projected
to witness steady growth in the coming years, driven by rising demand for
organized and efficient cable management solutions in residential, commercial,
and industrial buildings. Increasing adoption of smart infrastructure, energy-efficient
construction practices, and data-intensive environments such as data centers
and telecom facilities will further accelerate market expansion. Technological
advancements in fire-resistant and modular trunking products, along with
supportive government regulations promoting safety and sustainability, will
enhance adoption. Additionally, rapid urbanization in emerging economies and
growing investments in infrastructure development are expected to create
long-term growth opportunities for the global trunking system market.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
“Trunking System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Cable Trunking, Power Trunking, Busbar Trunking, Floor Trunking, Lighting Trunking), By Material (PVC, Steel, Aluminum, Others), By End-Use Industry (Construction, Manufacturing, Energy and Utilities, IT and Telecom, Healthcare, Retail), By Region &Competition 2020-2030F,” has evaluated the future
growth potential of Global Trunking System Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Trunking System Market.
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