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Global cable glands market is estimated to grow over the forecast period, key players are BartecFeam, Amphenol Industrial Products Group, Metal Craft Industries, CMP Products, Copper Crouse-Hinds, Cortem Group

02-08-2019 10:07 PM CET | Industry, Real Estate & Construction

Press release from: Kenneth Research

Global cable glands market is estimated to grow over the forecast

A cable gland is a device that allows the user to pass a wire, tube or cable into an enclosure while providing strain relief and sealing out liquids, dirt and dust. Cable glands are used in industrial, commercial and hazardous applications across the world. They are used in conjunction with cable and wiring for instrumentation & control, electrical and automation systems, including lighting, telecoms, power and data. Its main function is to protect the electrical equipment and enclosures by acting as a sealing and terminating device. They are constructed from metallic and/or non-metallic materials that are selected by exposure to corrosion resistance test. It is necessary the cable glands are approved for selected type of cable and they maintain a level of protection to which they are attached.

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Market Dynamics

Cable Glands Market is projected to generate $2,513 million by 2023 at a CAGR of 6.1%. Cable gland may be used on a wide range of control, electrical power, instrumentation, information, and broadcast communications links. Factors such as surge in the construction industry among developing countries, up-gradation and renewal of existing networks owing to government regulations, rise in energy demand levels globally coupled with the rise in population as well as a surge in real estates will spur the growth of this segment over the forecast period. Some of the application for cable glands are found in fire protection, marine, data and telecommunications, enclosure and panels, control, aerospace, railway, electrical power, instrumentation and so on. The currents trends in the markets of cable glands are quite promising such as the markets penetration into the healthcare industry, construction industry boom in the emerging economies, growth in the online retail industry, high-performance solutions for industries in harsh environments, etc. are making the markets seem lucrative.

Market Segmentation

The Cable glands market is segmented into industrial and hazardous. Industrial Cable glands hold the major share of the cable gland market. Based on cable type, it segmented into armoured and unarmored. On materials, it is classified into brass, nylon/plastic, stainless steel and others. Brass cable glands are currently dominating the market over the other types. By end user, it is divided into mining, aerospace, oil and gas, chemical, manufacturing and processing among others.

Geographic Analysis

The report covers regions in America, Europe, Asia-Pacific, Middle East and Africa. South Africa, Brazil, India and China are among the most promising countries for growth over the forecast period. Markets in North America and Europe are quite consolidated and competitive. The stringent regulations in these regions make the market organized whereas markets in APAC are segmented due to less regulations and many numbers of players.

Key Players

Some of the key players in the Industry are BartecFeam, Amphenol Industrial Products Group, Metal Craft Industries, CMP Products, Copper Crouse-Hinds, Cortem Group, Weidmller Interface GmbH & Co. KG, Elsewedy Electric, R. Stahl AG, Jacob Gmbh, Emerson Industrial Automation, Warom Group, Wiska, Agro AG, Hummel AG, Sealcon LLC among others.

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More @ https://www.kennethresearch.com/report-details/global-cable-glands-market/10065257

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609

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