According to Market Intelo, the Cable Tray Systems for Oil and Gas market is projected to reach USD 1.45 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2032. The expanding offshore and onshore oil and gas infrastructure, along with rising automation and digitalization in pipeline and refinery operations, is fueling the demand for robust cable management solutions.