Cable Glands market is projected to reach $2,841.9 million by 2025, registering a CAGR of 6.1%

The Cable Glands market is anticipated to witness a steady growth owing to stringent government regulations, surge in the construction industry among the emerging economies such as China and India, and rise in energy demand. A Cable Glands, also known as a sealing gland or strain relief, allows the facilitation of barrier penetration while simultaneously offering sealing protection. It can be utilized with probes, wires, power, and signalling cables. It might be used on a wide range of electrical power, control, instrumentation, information, and broadcast communications links. Factors such as upgrade and renewal of existing networks, owing to government regulations, rise in the construction industry among developing countries, rise in energy demand levels globally coupled with the rise in population, and a surge in real estate’s boost the growth of the market soon.

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The brass Cable Glands segment was the leading revenue contributor to the global market. However, the plastic/nylon Cable Glands segment is expected to witness healthy growth rates during the forecast period.

Based on type, the global Cable Glands market is segmented into industrial and hazardous. The industrial market is anticipated to have major share in the market. The rapid industrialization across the globe, especially in the Asia-Pacific region leads to set up of various industries such as automotive, steel, petrochemical, electronics, and aerospace &defense. This increases the demand for industrial grade Cable Glands for proper transmission of power, earthing, bonding, insulation, and cable guarding.

By end user, the global Cable Glands market is segmented into oil & gas, mining, aerospace, manufacturing & processing, chemical, and others. The oil & gas segment holds the major share in the global Cable Glands market. Various types of cable connectors are utilized in the oil & gas industry. These include cold shrink cable terminations, which are used in onshore refineries as well as in harmful flammable conditions and resin Cable Glands that are used in situations where resistance to hydrocarbons is required. Further, the Cable Glands market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Players Covered in this Market Research Report:

  • Hubbell Incorporated
  • Emerson Electric Co.
  • Amphenol Corporation
  • 3M
  • Eaton Corporation PLC
  • ABB Ltd.
  • Cortem Group
  • Bartec Group, CMP Products Limited
  • Jacob GMBH

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The following are the regions covered in this report.

  • North America [U.S., Canada, Mexico]
  • Europe [Germany, UK, France, Italy, Rest of Europe]
  • Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
  • South America [Brazil, Argentina, Rest of Latin America]
  • Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

Key Findings of the Cable Glands Market:

  • The North America region dominated the market and is projected to grow with a CAGR of nearly 6.1%, in terms of revenue, during the forecast period.
  • The Europe Cable Glands market is anticipated to witness moderate growth rate of 5.8%, in terms of revenue, during the forecast period.
  • The Asia-Pacific Cable Glands market generated a revenue share of 29.99%.

Reasons for Buying this Report:

  • Complete analysis on market dynamics, market status and competitive Cable Glands view is offered.
  • Forecast Global Cable Glands Industry trends will present the market drivers, constraints and growth opportunities.
  • The five-year forecast view shows how the market is expected to grow in coming years.
  • All vital Global Cable Glands Industry verticals are presented in this study like Product Type, Applications and Geographical Regions.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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