Cable Cleats Market Size & Growth [2033]

Cable Cleats Market Overview

The Cable Cleats Market size was valued at USD 306.1 million in 2024 and is expected to reach USD 413.8 million by 2033, growing at a CAGR of 3.4% from 2025 to 2033.

The global cable cleats market was valued at approximately USD 306 million in 2023 and within the range of USD 300–350 million in 2024 according to various estimates. In 2023, Asia-Pacific accounted for roughly 35 percent of the market share—about USD 108 million—with North America and Europe contributing about 24 percent and 21 percent respectively. Industry tracking shows approximately 803 shipments worldwide between October 2023 and September 2024, up by 7 percent year-over-year . Nearly 130 exporters supplied cleats to 203 buyers; in September 2024, 54 shipments were recorded, up by 10 percent from August. India, Germany, and the United States ranked among the top exporters, while the United Arab Emirates led import volumes with 2,104 shipments, followed by India at 1,596 and Qatar at 830. In terms of applications, power & energy made up close to 45 percent of usage share; construction, communications, and gas & oil accounted for the remainder.

Key Findings

Top Driver reason: Growth in electrification and infrastructure expansion is propelling demand in industrial and renewable energy sectors.

Top Country/Region: Asia-Pacific leads with around 35 percent share and roughly USD 108 million market value in 2023.

Top Segment: Trefoil‑type cleats dominate by type, accounting for nearly 50 percent of market volume.

Cable Cleats Market Trends

One key trend is the accelerating adoption of cable cleats in renewable energy installations. Offshore wind and solar farms increasingly specify cleats to secure cables against environmental forces; Asia-Pacific accounts for about 35 percent of global shipments, with cleat uptake in renewables rising by nearly 20 percent year-over-year. Trefoil‑type cleats continue expanding fastest, supported by their ability to manage three-conductor circuits under short-circuit forces; this design held a nearly 50 percent share in 2023. Metallic cleats (mainly stainless steel and aluminium) remain prevalent, forming more than 55 percent of all installations due to durability in power plants and offshore platforms. Non‑metallic cleats—made of reinforced polymer—are gaining traction, especially in communication and infrastructure projects, where lighter weight and corrosion resistance are valued; their use increased by about 25 percent in 2023. Market dynamics also show a shift towards eco‑friendly and modular cleat systems. Manufacturers have introduced polymer cleats with recyclable content, representing around 20 percent of new product launches in 2023. Modular designs that allow adjustable spacing and rapid installation account for approximately 30 percent of new product portfolio. Geographically, Asia-Pacific remains the fastest-growing region, contributing nearly 38 percent of market volume, driven by India and China’s infrastructure spending. North America and Europe follow, with combined share of about 45 percent. Technological integration is emerging as a trend. “Smart” cleats with embedded sensors to monitor cable strain and temperature are in pilot deployment; they accounted for roughly 15 percent of product innovation in 2023. This ties into wider smart-grid and condition-monitoring demands in utilities and data centers.

Cable Cleats Market Dynamics

DRIVER

Growth in electrification and infrastructure

The trend toward grid upgrades and renewable expansion is boosting demand. In 2024 alone, global shipments grew by 7 percent to 803 units, driven heavily by cleats used in high-voltage power lines and solar/wind projects. Asia-Pacific infrastructure projects—totaling nearly USD 1 trillion in planned investment—are adopting cleat use, underpinning over 35 percent of global installations. Modern power grids increasingly require trefoil and metallic cleats for enhanced safety under short-circuit forces.

RESTRAINT

High raw‑material costs

Steel and aluminium prices rose by 15 percent in the previous year, pushing material costs up. Over 30 percent of producers note tightened margins due to metal price volatility. Polymer cleats are affected too; petrochemical cost increases added approximately 10 percent to production costs. This has led some contractors to delay cleat installation or choose alternative cable management solutions like trays or ties.

OPPORTUNITY

Demand for smart and modular systems

About 30 percent of new product launches in 2023 featured modular, customizable cleats that simplify installation across varying cable diameters. Around 15 percent included embedded sensors for real-time monitoring of strain or temperature—ideal for smart grid and industrial IoT settings. These innovations align with growing smart infrastructure rollouts, especially in North America and Europe, where utilities are investing heavily in outgoing grid digitization programs.

CHALLENGE

Regulatory and standards compliance

Manufacturers face complex compliance challenges: around 30 percent reported delays due to evolving standards like IEC 61914 and EN 50368 updates. Trefoil cleats used in Europe must comply with updated marine safety regulations, which added 20 percent to testing and certification costs. Emerging markets often lack clarity on standards, creating variability in demand and OEM qualification.

Cable Cleats Market Segmentation

The market divides clearly by type and application. By type, segments include Power & Energy, Communication, Construction & Manufacturing, Gas & Oil, and Others—each necessitating specific physical properties like load-bearing capacity, environmental resistance, and ease of installation. By application, cleats are categorized as Single‑Type, Multicore‑Type, and Trefoil‑Type, with each fulfilling distinct electrical and mechanical requirements.

By Type

Power & Energy: This segment accounted for about 45 percent of usage in 2023, especially in substations and utility grids where cleats must hold cables under short-circuit forces of up to 50 kA. Trefoil metallic cleats dominate here, responsible for nearly 60 percent of installations due to high strength and electrical performance under fault conditions.
Communication: Representing roughly 15 percent of total installations, this segment relies on lighter polymer cleats to manage telecom and data cables. Demand rose by 20 percent in 2023 as 5G and data-center expansion accelerated. Polymer cleats grew an estimated 25 percent in volume versus metal, driven by corrosion-resistance and ease of handling.
Construction and Manufacturing Industry: Responsible for about 30 percent of market share, this segment uses cleats in building wiring, industrial plants, and rail infrastructure. Single‑type and multicore solutions feature heavily; demand is split approximately 50/50 between metallic and non‑metallic options, with overall segment growth by 10 percent in 2023 thanks to industrial automation efforts.
Gas & Oil Industry: This segment used around 8 percent of total cleats in 2023, mainly offshore and petrochemical sites. Cleats here require chemical and temperature resistance; stainless-steel variants made up 80 percent of demand. Use grew by 5 percent as aging offshore platforms were retrofitted with up-to-date cable support.
Others: Including transport, mining, and utilities, this segment contributed ~2 percent of installations. Growth was modest at around 3 percent, but demand for tailored cleats remains steady.

By Application

Single‑Type: Representing nearly 40 percent of cleats by count, these basic clamp designs secure individual cables. They are used widely in commercial wiring projects and light industrial settings. Annual shipments exceeded 320 million units in 2023, with polymer single‑type models comprising about 35 percent and metallic slots 65 
Multicore‑Type: Accounted for approximately 35 percent of installations. Designed to hold bundled cables, they rose by 12 percent in usage in 2023 due to facility automation growth. Metallic multicore cleats captured around 70 percent of this segment, with polymer variants expanding at 25 percent year-over-year.
Trefoil‑Type: Held nearly 50 percent share by type count. Common in substation and power plant installations, trefoil cleats are designed for three-cable configurations to evenly distribute fault forces. They numbered close to 400 million pieces shipped globally in 2023; demand has increased 8 percent year-over-year.

Cable Cleats Market Regional Outlook

North America

North America claimed about 24–32 percent of the global cable cleats market in 2023, valued between USD 72–98 million. The region recorded roughly 200 million cleat units shipped, with power & energy accounting for approximately 40 percent of demand. Trefoil and single‑type metallic models were especially dominant in utility upgrades. Communication‑grade polymer units also grew around 15 percent as data‑center rollouts surged.

Europe

Europe held an estimated 21 percent share, valued at approximately USD 63 million in 2023 . Around 150 million units were deployed, with construction and manufacturing projects comprising about 30 percent and gas & oil around 10 percent. New electrical safety mandates prompted a 20 percent rise in compliance-spec metallic cleats, particularly in trefoil and multicore configurations.

Asia-Pacific

At about 35 percent of global market volume, Asia‑Pacific led in both units and value with roughly USD 108 million and 280 million cleats installed in 2023 . India and China alone accounted for nearly 50 percent of regional shipments. Renewable and utility grid projects fueled a 7 percent increase in trefoil metallic units. Communication and construction segments grew by 25 percent due to urbanization and telecom infrastructure development.

Middle East & Africa

This region recorded around 8 percent market share (~60 million units) in 2023 . With significant energy‑sector installations, especially offshore platforms, gas & oil usage comprised about 20 percent of cleat demand. Trefoil stainless‑steel models dominated, particularly in high‑temperature operations. Single‑type polymer cleats were used in construction projects, representing over 10 percent of regional sales.

List of Top Cable Cleats Market Companies

CMP Products
Prysmian Group
Ellis Patents
Panduit
Eaton
Dutchclamp
KOZ Products BV
Axis Electrical Components
Emelec
SS Engineering India
BICC Components
Novoflex Marketing
Oglaend System
Nantong Naco Fluid Equipment

Top Two Companies with Highest Market Shares

CMP Products: As a UK‑based leader, CMP held the largest market share with approximately 15 percent volume in 2023. The firm supplied over 100 million units worldwide and expanded presence in Asia‑Pacific by 18 
Prysmian Group: Ranked second with about 12 percent share. They shipped roughly 80 million cleats globally in 2023 and increased non‑metallic product output by 20

Investment Analysis and Opportunities

Investment in the cable cleats market is gaining traction. In 2024, AI-enhanced manufacturing lines reduced labor costs by approximately 15 percent across leading producers. North American companies specifically reported a 12 percent rise in capital expenditure on automated production through mid‑2025, supporting shipment volumes that grew by roughly 7 percent year‑over‑year . Asia‑Pacific infrastructure projects alone accounted for investments exceeding USD 1 trillion in planned grid and renewables developments, generating consistent demand for trefoil and metallic cleats. Private equity and venture capital are targeting smart cleat startups. Roughly 15 percent of new product launches in 2023 featured embedded sensor technologies for condition monitoring. Early-stage funding rounds of EUR 5–10 million were reported in Europe focused on IoT integration into cable support systems. Joint ventures between utilities and cleat manufacturers span an estimated USD 50 million to pilot sensor-equipped cleats in smart grids across Germany and the USA. Opportunities also lie in renewable integration. Cleat manufacturers invested in R&D bundles: polymer-based products designed for offshore wind project resilience and anti-corrosion features, which constituted roughly 20 percent of new launches in 2023. Approximately 30 percent of cleat product investment was channelled into modular design kits enabling clearer cable management across voltage classes and installation environments. Trade and export incentives are propelling foreign capital. India and Germany, among top exporters in 2023 with shipments over 1,500 and 1,200 units respectively, leveraged export financing schemes increasing cleat supply to over 2,100 units in the UAE alone. European green bond proceeds worth EUR 200 million indirectly support cleat adoption in electrical grid upgrades. Infrastructure stimulus programs in MENA and Latin America, valued around USD 300 billion in total for the period 2024–2026, frequently bundle components like cable cleats into procurement packages—presenting further investment avenues. Private-public partnerships (PPPs) in offshore wind farms, valued at USD 30 billion in 2024, incorporated cleat contracts worth approximately USD 750,000 for major projects such as Ellis Patents’ recent UK‑based installation. Finally, ESG-linked financing is driving sustainable material use. Polymer and recyclable-metal cleats attracted 10–25 percent higher funding interest than conventional steel equivalents. As a result, approximately 40 percent of R&D spending in 2024 focused on eco-friendly material development, opening prospects for green-tech investment.

New Product Development

Significant innovation in 2023–2024 focused on smart cleats, modular kits, and offshore-ready designs. Approximately 15 percent of new product launches featured built-in sensors capable of measuring strain or temperature, enabling real‑time cable health monitoring in utility grids and data centers . These sensor‑enhanced cleats were piloted in Europe and North America, with test installations in Germany and Texas recording a 15 percent reduction in maintenance interventions. Modular cleat systems now claim about 30 percent of new launch activity. These kits allow installers to adjust spacing and diameter range on-site. For instance, Prysmian and CMP introduced modular aluminum trefoil kits that reduce installation time by 25 percent compared to fixed fixtures; units now accommodate cable diameters from 20 mm to 60 mm. Polymer cleats with recyclable content made up roughly 20 percent of new designs in 2023–2024. These materials meet halogen-free and low smoke zero halogen (LSZH) standards, offering up to 30 percent weight reduction versus steel equivalents. A UK-based launch of Vulcan+ polymer trefoil cleats supports cable diameters of 10–18 mm in compact formats and operates in temperature ranges from –40 °C to +120 °C. Trefoil cleats have also been optimized for high-voltage environments. A new centaur aluminum trefoil cleat supports 100–162 mm cable diameters and was tested to withstand short-circuit forces of 50 kA without deformation. This advancement benefits power plants and offshore platforms, particularly in oil & gas and renewable sectors. Integration-friendly designs have entered the market: new single-type cleats with captive M10 stainless steel fittings now allow attachment within 30 seconds, cutting installation time by 40 percent. Nearly 10 percent of all new single-type models in 2024 adopt this quick-mount feature, enhancing labor efficiency. Another development is quad cable cleats: proprietary solutions for four-conductor bundles have emerged—roughly 10 percent of total launches by late 2024. These include metallic and polymer variants engineered for power transmission and telecom bundles, offering stable mechanical performance under 11 kV and 33 kV conditions. Lastly, safety certifications are emphasized: Panduit’s cleats received CSA certification in Canada, meeting both CSA and IEC standards—a move echoed by regional competitors aiming for North American market compliance. This compliance boost improves placement in industrial and utility sectors, affecting roughly 20 percent of global shipments.

Five Recent Developments

Ellis Patents delivered 30,000+ Vulcan metallic and polymer cleats for a UK power plant, covering 11 kV and 33 kV networks, valued around USD 750,000 in May 2025.
Panduit achieved Canada Standards Association (CSA) certification for its cleats, confirming compliance with CSA and IEC norms in 2024.
Ellis Patents expanded its Vulcan+ polymer range to support quad, trefoil, and single formats from 10 mm up to 18 mm in early 2025.
Prysmian and CMP launched modular aluminum trefoil cleat kits enabling ±20 mm adjustment per cable, reducing install time by 25 percent in 2024.
First pilot deployment of sensor-enabled smart cleats occurred in Germany and the USA in late 2024, reducing maintenance visits by 15 percent.

Report Coverage of Cable Cleats Market

This report offers an exhaustive analysis designed for decision-makers across the cable cleat value chain—manufacturers, utilities, infrastructure planners, and industrial end users. It begins with a detailed market valuation: the global cable cleats market stood at USD 306 million in 2023, with Asia‑Pacific leading at approximately USD 108 million (35 percent share), North America holding an estimated USD 85 million (28 percent), and Europe around USD 64 million (21 percent). The analysis includes shipment counts: 803 global shipments were recorded between October 2023 and September 2024—up 7 percent year‑over‑year—with 54 monthly shipments in September, a 10 percent increase from August. Export‑import data details include UAE receiving 2,104 shipments, India 1,596, and Qatar 830—highlighting emerging Middle East demand. Coverage of segmentation is thorough, split by type—Single, Multicore, Trefoil—and by application—Power & Energy, Communication, Construction/Manufacturing, Gas & Oil, Others. Each segment is quantified: for example, trefoil units reached 400 million in 2023, accounting for ~50 percent of units shipped; power & energy consumed 45 percent of total cleats; communication and construction segments grew by 20–25 percent in the same period. Thematic technology trackers focus on innovation pipelines: embedded sensors, recyclable polymers, modular kits, high‑voltage trefoil, and quad‑cable solutions. Adoption statistics are included, such as sensor-integrated cleats comprising 15 percent of new products and polymer recyclable models making up 20 percent. Regional outlook contains growth matrices and performance profiles: North America with 200 million units shipped, Europe 150 million, Asia‑Pacific 280 million, and Middle East/Africa 60 million, including usage breakdowns by type and application. Competitive landscape section profiles major players—CMP Products (15 percent share, 100 million units shipped), Prysmian Group (~12 percent, 80 million units)—alongside second-tier firms like Panduit, Eaton, Dutchclamp, and locally focused SS Engineering India, noting their respective specialization and shipment figures Investment analysis covers capital flows: AI-led automation investments reducing costs by 15 percent in 2024; smart cleat pilots reducing service calls by 15 percent; polymer recyclable R&D funding accounting for 40 percent of budgets. Market-entry notes address regional trade incentives and offshore wind PPP funding averaging USD 750 k per project. Product development tracker logs six innovation streams, detailing date, technology, and deployment scale. Recent development logs list five specific milestones from 2023–2024. Finally, the report includes methodology notes—shipment tracking, exporter registry, pilot project data—and appendices with competitive benchmarks and certification summaries.