Global Cable Gland Market Size By Cable-Type (Armored, Unarmored), By Type (Flameproof, Hazardous), By Material (Brass, Plastic/Nylon), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Cable Gland Market Size And Forecast

Cable Gland Market size was valued at USD 2252.61 Million in 2024 and is projected to reach USD 4065.57 Million by 2031, growing at a CAGR of 7.66% during the forecast period 2024-2031.

Major factors driving the market growth include the increasing demand in the energy sector and the construction business’s global expansion. The cable glands are used considerably in power connectors, electrical panels, and junk boxes, and advancement in the existing networks are the factors that contribute to boosting the growth of the global Cable Gland Market. The Global Cable Gland Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cable Gland Market Definition

A cable gland is a device for attaching and fixing the end of an electrical cable to a device. Cable glands, also called sealing glands or strain reliefs, provide barrier penetration while providing sealing protection. Manufacturers offer a wide range of cable glands, depending on the material, type of use, cable type and pressure range.

Cable glands are designed with a perfectly smooth outer surface with a rounded finish to prevent the accumulation of foreign matter, such as bacteria and dust. Cable glands have no exposed threads or sharp edges. Cable glands are used in various applications in semiconductor manufacturing, pharmaceutical laboratories, and industries such as food and dairy processing, chemical manufacturing and processing.

Cable glands perform several crucial roles in cable management. They can provide grounding, grounding, connection, isolation, and strain relief. It can also seal cables that pass through gland plate bulkheads. Cable glands can repel external contaminants such as dirt, dust and liquids and suppress electrical sparks and flames. Furthermore, the cable gland’s only job is to protect the cable from being pulled or twisted.

Think of a cable gland as a guardian for your electrical equipment. Its main job? To seal things up tight and keep the inside safe and sound. For instance, the cable glands of armoured cables? They're tough, usually made of metal, and tested to handle serious electrical surges. They also make sure the cable has just the right amount of give, nothing too crazy. The seal around the cable's outer layer is super important, like a shield preventing dust or water from sneaking in. Need extra protection? Cable glands have got you covered, offering top-notch ingress protection. Basically, they keep the whole setup watertight and safe, maintaining the enclosure's protection rating right where the cable goes in.

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Global Cable Gland Market Overview

A boom in construction activity is the main factor driving the demand for the cable gland market in the forecast year. Cable glands are commonly used in switchboards, junction boxes, and in building powerful connections. Therefore, increasing the construction of new plants will increase the global cable gland market demand. In addition, strict government regulations in various countries on safety mainly drive the global cable gland market.

In addition, an increasing number of power transmission projects around the world due to smart city initiatives of governments of various countries and the development of smart grid networks are expected to drive the growth of the global cable gland market. Some certain constraints and barriers limit the growth of the overall market. Factors such as raw material price volatility and a skilled labor shortage are potential restraints that hamper the overall growth of the global cable gland market.

But hey, it's not all smooth sailing! Things like wild swings in commodity prices and a pretty fragmented market could throw a wrench in things. You see, making cable glands involves stuff like copper, alloys, iron, and plastics. When those raw material prices are all over the place, it really messes with the market, making it harder to grow. Basically, if the cost of those key ingredients keeps jumping around, it makes producing cable glands more expensive, and that definitely puts a damper on market expansion. On the bright side, cool new tech and the untapped potential in emerging markets are creating some awesome growth opportunities. Think about itgovernments are pushing for upgrades to existing networks, the construction industry is booming in developing countries, the world's energy demand is skyrocketing, and populations are growing right along with the real estate market! All this stuff is fueling the demand for cable glands worldwide.

Global Cable Gland MarketSegmentation Analysis

The Global Cable Gland Market is Segmented on the basis of Cable-Type, Type, Material, And Geography.

Cable Gland Market, By Cable-Type

  • Armored
  • Unarmored

Based on Cable-Type, the market is bifurcated into Armoured, Unarmoured. The armoured cable gland segment holds a large number of shares in the market because of the cable glands for armoured cables contain a single outer seal and are widely utilized for cables without an inner covering or bedding under the armor.

Cable Gland Market, By Type

  • Flameproof
  • Hazardous
  • Increased Safety
  • Industrial
  • Others

Based on Type, the market is bifurcated into Flameproof, Hazardous, Increased Safety, Industrial, Others. The industrial segment holds a large number of shares in the market because of the rapid industrialization around the world, especially in the APAC region, which has led to the establishment of various industries such as automotive, steel, petrochemicals, electronics, aerospace and defence.

Cable Gland Market, By Material

  • Brass
  • Plastic/Nylon
  • Stainless Steel
  • Others

Based on Material, the market is bifurcated into Brass, Plastic/Nylon, Stainless Steel, Others. The brass segment holds a large number of shares in the market because the Nickel-plated brass cable glands are widely used in the petrochemical and oil and gas industries as they provide excellent protection against contamination and corrosion in hostile environments.

Cable Gland Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of regional analysis, the Global Cable Gland Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific region holds a large market share because of the rich in mines, refineries and chemicals. Therefore, the introduction of industrial devices such as cable glands in this region has seen considerable growth. China, India and Japan are some of the countries that are growing at remarkable growth rates. The rise in mines, refineries, and chemicals, the introduction of industrial equipment such as cable glands, and ongoing projects will boost the market in the region.

Key Players

The “Global Cable Gland Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Amphenol Corporation, Hubbell Incorporated, 3M, Emerson Electric Co, ABB Ltd, CMP Products Limited, Eaton Corporation PLC, Bartec Group, Cortem Group, and Jacob GmbH.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Cable Gland market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Cable Gland market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

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

SEGMENTS COVERED

By Cable-Type, By Type, By Material, And By Geography

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

We'll take a good look at the market, diving into both the numbers and the less tangible stuff, breaking it down into segments based on all sorts of things. You'll get the market value (think USD Billion) for each of these segments and sub-segments. We'll also point out which region and segment we think will be the real stars, growing the fastest and dominating the scene. We'll analyze each geographic area, looking at how much of the product/service they're using and what's influencing the market there. Plus, we'll give you the competitive landscape, showing you who's on top, new product launches, who's partnering with whom, and how companies have been growing through acquisitions over the last five years. Expect detailed company profiles too – think overview, insights, product comparisons, and SWOT analysis for the big players. We'll cover the current state of the industry and where it's headed, especially in light of recent happenings (growth opportunities, what's driving things, and challenges in both new and established regions). It also includes an in-depth analysis of the market through Porter’s five forces analysis. Get to know more about the Value Chain and Market dynamics scenario, along with growth opportunities. Finally, you'll get 6 months of analyst support after you purchase.

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