0
2019
Cable Glands Market

Cable Glands Market

by Type (Industrial and Hazardous), Cable Type (Armored and Unarmored), Material (Brass, Stainless Steel, Plastic/Nylon, and Others), and End Users (Oil & Gas, Mining, Aerospace, Manufacturing & Processing, Chemical, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
Update Available On-Demand

Report Code: A02981
Pages: 246
Mar 2019 | 16936 Views
Author(s) : Shruti ; Onkar Sumant
Tables: 142
Charts: 45
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Cable Glands Market

Request Now !

Cable Glands Market Outlook - 2025

The global Cable Glands market was valued at $1,763.0 million in 2017, and is projected to reach $2,841.9 million by 2025, growing at a CAGR of 6.1% from 2018 to 2025. A cable gland, also known as sealing gland or strain relief, allows the facilitation of barrier penetration while simultaneously offering sealing protection. It can be used with probes, wires, power, and signaling cables. Cable gland is used for electrical power, control, instrumentation, information, and broadcast communications links.

Factors such as upgrade and renewal of existing networks, owing to government regulations, surge in the construction industry among developing countries, rise in energy demand levels globally, increase in population, and growth in real estates are expected to drive the growth of the Cable Glands market in the near future. However, volatile raw material prices and high fragmentation of the market are some of the probable factors that restrict the market growth. The raw materials used to develop cable glands include copper alloy, iron alloy, plastics, and others. The unstable prices of these essential ingredients have negatively affected the growth of the global cable glands market. Thus, volatile nature of raw material prices increases the cost of cable glands production, thereby restricting the market growth.

Continuous demand for energy and power in the developed and developing or underdeveloped countries present a major opportunity for market expansion. Some of the emerging regions, such as Romania, Bulgaria, Laos, and other regions, require investment to develop their industrial sectors. Financing in such developing regions would help in growth of the respective country’s economy. Therefore, the investments made in such untapped regions for the growth in their economic sectors are expected to present lucrative opportunities for the overall market.

Based on type, the global Cable Glands market is segmented into industrial and hazardous. Based on cable type, the market is also divided into armored and unarmored. Based on material, it is categorized into brass, nylon/plastic, stainless steel, and others. Based on end user, it is divided into oil & gas, mining, aerospace, manufacturing & processing, chemical, and others. The global Cable Glands market is also analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players responsible for increasing the cable glands market size include Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, and Jacob GmbH. In order to stay competitive in the market, these market players are adopting different strategies such as acquisition, merger, product launch and partnership. In an instance, Amphenol GEC, a division of Amphenol corporation offered new cable protection line of products that protects cable harnesses in virtually any environment. The new product line includes conduits, cable glands, tubing, and braided jackets. Furthermore, CMP Products launched its new TruSeal range that includes polymer, metallic and EMC cable glands at the OSEA exhibition in Singapore. This has helped the company in increasing its product portfolio in Cable Glands.

Global Cable Glands Market Share, by Region

Asia-Pacific is one of the fastest growing economic regions in the world. China, India, and Japan are some of the countries, growing at a significant rate in terms of economy. Asia-Pacific is rich in mines, refineries, and chemicals. Therefore, the adoption of industrial equipment such as Cable Glands has witnessed a considerable growth in this region.

Global Cable Glands Market, by type

The industrial market is anticipated to have major share in the global cable gland market. The rapid industrialization across the globe, especially in the APAC region leads to set up various industries such as automotive, steel, petrochemical, electronics, and aerospace & defense. These industries run on the automated system that use various types of cables and wirings. This leads to increase in demand for industrial grade Cable Glands for proper transmission of power, earthing, bonding, insulation, and cable guarding.

Global Cable Glands Market, by Cable Type

Based on cable type, the armored cable gland segment is expected to be the lucrative segment in the market. Cable Glands for armored cables contain single outer seal and they are being widely utilized for cables without an inner covering or bedding under the armor, while Cable Glands having a double, inner & outer seal configuration are preferred for cables with an inner covering or bedding under the armor.

Global Cable Glands Market Share, by Material

Based on material, the brass cable gland segment holds the major share in the market. Cable Glands made up of nickel-plated brass are used broadly in the petrochemical and oil & gas industries, since they provide superior protection against contamination and corrosion inhostile environments.

Global Cable Glands Market Share, by end user

Based on end user, the oil & gas segment holds the major share in the global Cable Glands market forecast. 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.

Key Benefits for Cable Glands Market:

  • Porter’s five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the Cable Glands industry for strategy building.
  • It outlines the current trends and future cable glands market trends from 2017 to 2025, to understand the prevailing opportunities and potential investment pockets in the cable glands market growth.
  • Major countries in each region have been mapped according to their individual revenue contribution in the global cable glands market analysis.
  • The key drivers, restrains, and opportunities and their detailed impact analyses are elucidated in the report.
  • The profiles of key players competing in the industry along with their key strategic developments are enlisted in the report.

Cable Glands Market Report Highlights

Aspects Details
By Type
  • Industrial
  • Hazardous
    • Increased Safety
    • Flameproof
    • EMC
    • Others
By Cable Type
  • Armored
  • Unarmored
By Material
  • Brass
  • Stainless Steel
  • Plastic/Nylon
  • Others
By End User
  • Oil & Gas
  • Mining
  • Aerospace & Defense
  • Manufacturing & Processing
  • Chemical
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Singapore, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players 3M, ABB LTD., AMPHENOL CORPORATION, BARTEC GROUP, CMP PRODUCTS LIMITED, CORTEM GROUP, EATON CORPORATION PLC, EMERSON ELECTRIC CO., HUBBELL INCORPORATED, JACOB GmbH
 

Loading Table Of Content...


 
 

According to the analyst review, increase in investments in network infrastructure, improvement of different regions, and growth in automation sector fuel the growth of the market. Surge in automated technology across various industries ensures cost reduction, time-saving, and better quality. Moreover, it assists to reduce the workload of employees, working in collaboration with them for higher efficiency.

The brass segment was the highest revenue contributor in 2016, as homeowners are benefited with brass cable gland, owing to its easy installation with a protective coat, natural hue and darker tone, durable and strong feature, and lifetime warranty.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Cable Glands Market

Start reading instantly.
This Report and over 18,777+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers