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Cable Connectors and Glands Market By Type (Hazardous Area Cable Glands and Industrial Cable Glands), Cable Type (Armored and Unarmored), Material Type (Brass, Stainless Steel, Plastic, Aluminum, Nylon, Nickel, and Others), Application (Control Boxes, Skids, Motors, Lighting, Data Cables, and Others), and Industry Vertical (Oil & Gas, Mining, Chemical, Aerospace & Defense, Industrial, Energy & Power, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08891
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Dec 2020 | 55 Views
 
Author(s) : NA
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Cable Connectors and Glands Market Outlook – 2027 

Cable connector and gland is a mechanical cable entry device that is designed to be attached and secure end of an electrical cable. These components have smooth external finish or texture that prevents build-up of foreign contaminants and allows to be cleaned easily by water or steam jets. Cable glands provide strain-relieved, safe passage to electric cables entering or exiting any enclosure hence preventing twisting and wear & tear of cables. 

Cable glands or connectors are widely used in the construction industry to provide electrical power and smooth and reliable control with cable sealing effect. In addition, these are used as connectors for data cables and telecom towers in the telecommunication industry as they feature high efficiency, rapid production efficiency, and better sound absorption performance along with long span of service life. 

UV resistant cable glands protect pipelines from corrosion in the oil & gas industry as they have strong moisture-proof performance and high temperature resistance with excellent insulation performance, which proves these ideal for toxic and hazardous environment. Ongoing advancements to improve high load bearing capacity and robust design of connectors, while offering sealing protection to ensure safety in harmful environments imply that the cable connectors and glands market share would undergo a considerable growth in the coming years.

The global cable connectors and glands market is segmented on the basis of type, cable type, material type, application, industry vertical, and region. Based on type, the cable connectors and glands market is bifurcated into hazardous area cable glands and industrial cable glands. In terms of cable type, the market is categorized into armored and unarmored. On the basis of material type, the market is divided into
brass, stainless steel, plastic, aluminum, nylon, nickel, and others. 

In terms of application, the cable connectors and glands market is categorized into control boxes, skids, motors, lighting, data cables, and others. On the basis of industry vertical, the market is segregated into oil & gas, mining, chemical, aerospace & defense, industrial, energy & power, automotive, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global cable connectors and glands industry include Amphenol Industrial Products, Eaton Corp., Caledonian Cables, CMP Products, Cortem Group, ABB Ltd., Jacob GmbH, Sealcon LLC, Hubbell Incorporated, and Emerson Industrial Automation. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global cable connectors and glands market. 

Top Impacting Factors

Surge in necessity of robust, secure connection to protect pipelines, and surface machinery from corrosion, owing to harmful climatic reactions in the oil & gas refinery sector as well as use of explosion-proof cable for underground mining to ensure safety during drilling operation majorly drives the cable connectors and glands market growth. However, fluctuating volatile prices of essential raw materials such as plastics, copper, and iron alloy and high material cost than equivalent cold and heat shrink terminations tend to restrain the cable connectors and glands market growth.

Contrarily, increase in demand of industrial grade cable glands for proper transmission of power, earthing, insulation, and cable guarding to fulfil rise energy demands in construction infrastructure development, owing to surge in real estate further boosts the cable connectors and glands market growth. Technological advancements in cable gland production as well as government regulations regarding upgradation and renewal of existing networks are anticipated to pave new avenues to cable connectors and glands industry.

New Product Launches to Flourish the Market

The global leading cable connectors and glands market players have adopted necessary steps to produce superior environmental seals as well as safe and reliable cable cleats for both project infrastructure as their essential role in cable management systems becomes increasingly recognized.

In February 2020, CMP Products Ltd., specialist manufacturer of cable glands, cable cleats, launched Saturn (QSDSS), a new quad cable cleat range, which has a high short circuit rating of 152kA and enables cables to be installed safely in quad formation. Cleats protect integrity of cables and cable management system while maintaining high level of restraints. 

This cable cleat range is built using 316L stainless steel with compact design for space-constrained projects and provides high strength, corrosion resistance, hence making it suitable for harsh environments including data centers, rail, energy industries, and power plants.

In addition, CMP Ltd. developed Venus (QPSS) cable cleat with short circuit rating of 135kA. It is integrated with C-clamp and bolt and provides versatile, compact solutions of installation as it can be installed in a variety of applications where quadruplex cable is fitted. 

Surge in Use of DCPs in Automotive and Industrial Applications

Less smoke and no halogen cables with anti-vermin and anti-termite are used for construction of pipelines in oil & gas refineries. In addition, optical low or medium voltage cable armored with steel tape are used in liquefaction trains to transport LNG as they help in energy saving with fire protection properties and excellent deformation resistance.

In February 2020, Amphenol Sine Systems, global leader in electrical connector manufacturing, introduced the HYPERBUSS AT series and ATV series of receptacle connectors, which are available in 2, 4, 6, 8, 12, and 18 position receptacles. These high-performance, cost-effective solutions are intermate with respective industry standard connectors and contain superior seals and seal retention capabilities. These receptacle connectors feature rectangular thermoplastic housing and wedge lock that confirms contact alignment and retention. 

In addition, these are IP67 rated with operating temperature range of -55 to +1250C. This HYPERBUSS family of receptacle connectors consists of sealed integrated bussed feedback assembly and are used in interconnect applications where common bussed electrical pathway is required such as heavy duty, transportation, marine, military, alternative energy, and agricultural sectors.

Key Benefits of the Stakeholders

  • The study gives an analytical overview of the cable connectors and glands market forecast with current trends and future estimations to determine imminent investment pockets.
  • The report provides information related to key drivers, restraints, and opportunities along with detailed cable connectors and glands market analysis.
  • The current cable connectors and glands market trends are quantitatively analyzed from 2020 to 2027.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available For Years

2019–2027

Base Year Considered

2019

Forecast Period

2020–2027

Forecast Unit

Value ($)

Segments Covered

Type, Cable Type, Material Type, Application, Industry Vertical, and Region

Regions Covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and rest of Europe), Asia Pacific (India, Japan, China, and rest of Asia Pacific) and LAMEA (Latin America, Middle East, and Africa)

Companies Covered

Amphenol Industrial Products, Eaton Corp., Caledonian Cables, CMP Products, Cortem Group, ABB Ltd., Jacob GmbH, Sealcon LLC, Hubbell Incorporated, and Emerson Industrial Automation

 

COVID-19 Impact Analysis

  • China is manufacturing hub of electronic control items and semiconductor devices. However, owing to the COVID-19 outbreak, most manufacturing units have been shut down. 
  • The cable connectors and glands industry is experiencing both challenges and opportunities. In response to social distancing measures, many manufacturers of electronic components are forced to temporarily shut down and lay off employees or begin remote operations.
  • In response to the crisis, use of cable connectors in medical electronics cable protection of computer automated systems, endoscopes, and X-ray equipment secure longevity and prevent malfunctions during critical moments, which drives the cable connectors and glands market. In addition, these components are used in cabling infrastructure of network systems of data centers to fulfill high demand of data traffic without any interruption, owing to wear and tear on cables in extreme conditions, which ensures high-level functionality of equipment every day.
  • The concerned industry is experiencing demand shortfall, owing to unprecedented lockdown of automotive operations in chemical, construction, oil & gas, mining industries, and power plants. Impact of factory closures and lack of workers support overall plunge in revenue of the electronic devices market. The cable connectors and glands market is expected to make steady rebound after commencement of industrial operations along with production of components.

Cable Connectors and Glands Market Key Segments

Segments

Subsegments

Type

  • Hazardous Area Cable Glands
  • Increased Safety
  • Flameproof
  • Others
  • Industrial Cable Glands
  • Brass Indoor Type
  • Brass Outdoor Type
  • Brass Weather Proof
  • Others

Cable Type

  • Armored
  • Unarmored

Material Type

  • Brass
  • Stainless Steel
  • Plastic
  • Aluminum
  • Nylon
  • Nickel
  • Others

Application

  • Control Boxes
  • Skids
  • Motors
  • Lighting
  • Data Cables
  • Others

Industry Vertical

  • Oil & Gas
  • Mining
  • Chemical
  • Aerospace and Defense
  • Industrial
  • Energy & Power
  • Automotive
  • Others

 

Questions Answered in the Cable Connectors and Glands Market Research Report

  • Who are the leading players in the cable connectors and glands market?
  • What would be the detailed impact of COVID-19 on the cable connectors and glands market size? 
  • What are the current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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