The global cable tray market size was valued at USD 6. 35% during the forecast period. 2 Billion in 2023 and is estimated to grow at a CAGR of over 6. The global market is growing rapidly due to infrastructure development, surging construction and real estate sector, and technological advancements. The. Global Outlook – By Type (Ladder Type Cable Trays, Solid Bottom Cable Trays, Trough Cable Trays, Channel Cable Trays, Wire Mesh Cable Trays, Single Rail Cable Trays), By Material Type (Steel, Stainless Steel, Aluminum, Other Material Types), By Finishing (Galvanized Coatings, Pre-Galvanized. The global cable tray market was value at USD 3.