Cable Glands Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Non-Hazardous and Hazardous), By Cable Type (Armored and Unarmored), By Material Used (Brass, Aluminum, Plastic, Stainless Steel and Other), By End User Industry (Aerospace, Construction, Manufacturing & Processing, Oil & Gas, Power & Utilities and Other), By Region, Competition

Market Overview

The Global Cable Glands Market reached a valuation of USD 971.48 million in 2022 and is exhibiting a CAGR of 6.41% throughout the projected period. Cable glands, crucial components of cable management systems, find extensive utilization across various industrial and hazardous settings. The key drivers of market expansion include a substantial surge in demand for cable management systems and advancements within the telecommunications sector. Additionally, the escalating necessity for secure cable connections due to heightened construction and renovation activities within both public and private installations further propels the demand for cable glands. The burgeoning military applications of cable glands in the aerospace equipment, aircraft, and space vehicles manufacturing contribute significantly to the market's growth. Moreover, the automotive sector benefits extensively from cable glands, driven by the increased production of automobiles and the growing sales of electric vehicles (EVs). Furthermore, factors such as the widespread adoption of solar systems, rapid deployment of smart grids, expansion of physical infrastructure, and increased oil and gas exploration activities further fuel the market growth. Moreover, the escalating demand for energy and infrastructure due to population growth and significant investments in the commercial and residential sectors further bolster the market.

Key Market Drivers

Increasing Demand for Energy and Infrastructure Development

A primary driver in the Global Cable Glands Market is the mounting demand for energy and infrastructure development across diverse sectors. As economies expand, the necessity for new power generation facilities, transmission networks, manufacturing plants, and commercial spaces is spurred by urbanization and industrialization. To ensure the safe and dependable connection of electrical cables, robust cable glands are imperative for these developmental initiatives. In the energy sector, the installation of cables and cable glands for transmitting generated power to the grid is crucial due to the expansion of renewable energy sources such as wind, solar, and hydropower. Similarly, the growth of smart cities and technological advancements like 5G networks necessitate efficient cable management solutions to accommodate the intricate networks supporting these innovations. In order to meet the demands of rapid infrastructure development, cable glands must offer effective sealing against environmental factors, ensure electrical safety, and facilitate easy installation and maintenance. With such projects proliferating worldwide, the Cable Glands Market is poised for substantial growth.

Focus on Safety and Regulatory Compliance

Safety remains paramount across industries, and the Cable Glands Market is underpinned by a robust emphasis on safety standards and regulatory adherence. Cable glands play a pivotal role in upholding the integrity of electrical connections, preventing moisture, dust, and gases from infiltrating, and minimizing the risk of electrical malfunctions and fires. Regulatory bodies and industry standards organizations impose stringent prerequisites for cable gland designs to guarantee the safeguarding of personnel, equipment, and the environment. Notably, hazardous locales such as oil refineries, chemical plants, and mining sites necessitate explosion-proof or flameproof cable glands to avert ignition within potentially explosive atmospheres. As safety regulations grow more stringent and industries place increased emphasis on adhering to these standards, the demand for reliable and certified cable glands will persistently expand. Manufacturers investing in research and development to engineer cable glands that meet and surpass safety requirements will be strategically positioned to capitalize on this driving factor.

Key Market Challenges

Global Supply Chain Complexities

The Global Cable Glands Market is characterized by intricate global supply chains, wherein manufacturers source components and materials from diverse regions. Disruptions within the supply chain arising from factors such as geopolitical tensions, trade policy alterations, natural calamities, and the COVID-19 pandemic can profoundly impact the availability of materials and components essential for cable gland production. Upholding a stable supply chain is paramount to meeting customer demands and ensuring timely product delivery. The challenge lies in identifying potential supply chain risks and instituting contingency plans to mitigate disruptions. Manufacturers need to collaborate closely with suppliers, explore alternative sourcing options, and implement effective inventory management strategies to navigate the intricacies of the supply chain. Moreover, ensuring consistent quality across global suppliers presents an additional challenge. Manufacturers must institute rigorous quality control protocols and conduct audits to maintain uniform product standards, regardless of the source of components.

Diverse Applications and Harsh Environments

The multifarious applications of cable glands across sectors such as energy, manufacturing, telecommunications, and transportation introduce a challenge in designing glands capable of withstanding a wide spectrum of environmental conditions. Depending on the application, cable glands may be exposed to extreme temperatures, chemicals, moisture, vibrations, and mechanical stresses. Manufacturers must engineer cable glands capable of offering effective sealing and protection under these demanding circumstances. For instance, cable glands used in offshore oil and gas installations must endure saltwater corrosion, whereas those deployed in mining operations necessitate resistance to dust and abrasion. The challenge lies in crafting cable glands that provide a high degree of ingress protection while accommodating various cable types and diameters. To surmount this challenge, manufacturers must invest in research and development to create robust and durable cable gland designs. Tailoring cable glands to specific applications through customization and offering a variety of materials and sealing methods can help address the diverse demands of different industries.

Key Market Trends

Integration of IoT and Smart Technologies in Cable Glands

A notable trend shaping the Global Cable Glands Market is the integration of Internet of Things (IoT) and smart technologies into cable gland designs. As industries embrace digital transformation, cable glands are evolving from passive components to intelligent solutions offering real-time monitoring, diagnostics, and data transmission capabilities. IoT-enabled cable glands incorporate sensors to monitor cable health, temperature, vibration, and environmental conditions. These sensors provide valuable insights into cable performance and alert operators to potential issues before they escalate. In industrial settings, for instance, cable glands equipped with IoT capabilities can notify maintenance teams of temperature anomalies or excessive vibrations in critical machinery cables, enabling proactive maintenance and preventing costly downtime. The integration of smart technologies extends to remote monitoring and data transmission as well. IoT-enabled cable glands can transmit data from sensors to central control systems, empowering operators to make informed decisions based on real-time information. This trend aligns with the growing demand for predictive maintenance and efficient asset management across industries. As this trend gains momentum, the Global Cable Glands Market will experience heightened demand for IoT-enabled solutions that enhance operational efficiency, reduce downtime, and facilitate data-driven decision-making.

Segmental Insights

Cable Type Insights

The armored segment is poised to dominate the market during the forecast period. Armored cable glands play a pivotal role in delivering effective cable management solutions for cables with protective armor or shielding. Such cables are extensively employed in industries and applications necessitating added protection against mechanical stresses, abrasion, moisture, and environmental factors. Armored cable glands ensure a secure connection while preserving the integrity of the cable's shielding and armor. The demand for armored cable glands primarily emanates from industries seeking robust and dependable cable management solutions for their critical applications. Sectors such as oil and gas, mining, petrochemicals, manufacturing, and transportation frequently deploy armored cables to shield against harsh operational conditions. With these industries expanding and investing in infrastructure development, the demand for armored cable glands is poised for growth. The need for secure cable connections that endure external forces, vibrations, and challenging environments contributes to the sustained demand for these specialized cable management solutions.

End User Industry Insights

The aerospace segment is expected to dominate the market during the forecast period. Cable glands find extensive applications in aircraft and space vehicles, including military uses, as they are employed across electrical equipment in defense aircraft. They exhibit resistance to fire propagation and explosions, safeguarding against the infiltration of oil, water, or other liquids into the panel compartment. Within aerospace equipment, cable glands are widely utilized for ground support applications and communication systems, serving to seal valves and holding a significant edge over electrical sensing devices. Mechanical cable assemblies, wire connectors, fittings, and cable glands all assume critical roles in flight control systems, cabin performance, and safety, thereby providing crucial support to aerospace industries spanning civilian, commercial, and military designs. For instance, the Ventilation Cable Gland DAK 284, developed by STEGO Elektrotechnik GmbH, is harnessed for cable and wire entry into cabinets and enclosures. It facilitates pressure compensation within the enclosure, negating the need for a separate step to install pressure compensation devices. Factors such as the escalating demand for resource and material optimization, cost reduction in maintenance, protection against dust and moisture in space vehicles, and enhancement of performance and safety systems drive the notable adoption of cable glands in this sector. Cable glands furnish superior sealing protection and are offered in diverse configurations catering to distinct cable parameters.

Regional Insights

The Asia Pacific region is expected to reign over the market during the forecast period. The Asia Pacific boasts a substantial share in the Global Cable Glands Market, driven by rapid industrialization, urbanization, and extensive infrastructure development. Ongoing investments in energy, manufacturing, construction, and telecommunications initiatives have engendered a surge in demand for reliable cable management solutions such as cable glands. Notably, China's colossal infrastructure projects, industrial expansion, and burgeoning renewable energy sector have generated significant demand for cable glands. Furthermore, India's ambitious plans encompassing energy generation, transmission, distribution, alongside urbanization and manufacturing growth, fuel the demand for cable glands across diverse applications. The rapid industrialization and continuous infrastructure development within the Asia Pacific region substantially contribute to the demand for cable glands. As nations establish new power plants, amplify manufacturing facilities, and erect transportation networks, cable glands play a pivotal role in ensuring secure and efficient cable connections, requisite for supporting these endeavors. Additionally, the growth of telecommunications networks, including the rollout of 5G technology, presents a substantial opportunity for the Cable Glands Market. Cable glands play a pivotal role in protecting fiber optic and data cables, which constitute the backbone of high-speed communication systems.

Recent Developments

• In August 2022, Amphenol Industrial Operations has enhanced its Amphoe-PD series with two low-profile, two-way power connectors that can carry high currents. The Amphe-PD Mini 5.7mm and Gen2 5.7mm Amphoe-PD can be used to transfer power from a PSU/PDU to a GPU or GPU PCB board.
• In August 2022, ABB declared that it had inked a contract to buy Siemens' low voltage NEMA motor division. This acquisition offers a respected product portfolio, a seasoned North American clientele, and a skilled operation, sales, and management team.

Key Market Players

• ABB Ltd
• Amphenol Corporation
• CMP Products Limited
• Cortem SPA
• Eaton Corporation PLC
• Elsewedy Electric Co S.A.E
• Emerson Electric Co.
• Hummel AG
• R. Stahl Aktiengesellschaft
• Sealcon LLC