Cable tray pricing depends on materials, coatings, size, supplier margins, and order quantity —plus hidden costs like shipping and installation. Ask ten buyers about cable tray cost, and most of them will point to the rate per meter. The real cost shows up later, during installation, during upgrades, and during the first few years of operation. The market was valued at USD 5. 2 Why is Conduit So Expensive? 8. Choosing the right type of cable tray is crucial for ensuring safety, ease of maintenance, thermal management, and long-term reliability.