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Cable Glands Market 2023 Global Analysis of Key Players – Amphenol Industrial Products Group, Bartec Feam, Cmp Products, Copper Crouse-Hinds, Cortem Group, Elsewedy Electric

04-09-2019 06:37 AM CET | Industry, Real Estate & Construction

Press release from: Big Market Research

Cable Glands

Cable Glands

The global cable glands market generated revenue of $1,667 million in 2016 and is projected to reach $2,513 million by 2023, registering a CAGR of 6.1% during the forecast period, i.e. from 2017 to 2023. In 2016, the armored segment is anticipated to grow at the highest rate during the forecast period.

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A cable gland, also known as sealing glands or strain reliefs, allow the facilitation of barrier penetration while simultaneously offering sealing protection. They can be utilized with probes, wires, power, and signaling cables. Cable gland might be utilized on a wide range of electrical power, control, instrumentation, information, and broadcast communications links. Factors such as upgradation and renewal of existing networks, owing to government regulations, surge in the construction industry among developing countries, rise in energy demand levels globally coupled with the rise in population, and also a surge in real estates will help in the growth of the market in the near future.

The global cable glands market is segmented based on type into industrial & hazardous. The market is also divided by cable type into armored and unarmored. The market is further categorized by different material, which includes brass, nylon/plastic, stainless steel, and others; and by end user into oil & gas, mining, aerospace, manufacturing & processing, chemical, and others; and analyzed across four geographical regions, namely, North America, Europe, Asia-Pacific and LAMEA.

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KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the cable glands market with current and future trends to elucidate the imminent investment pockets in the market.

The report provides information regarding key drivers, restraints, and opportunities with impact analysis.

Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.

Market player positioning in the report provides a clear understanding of the position of leading companies.

KEY MARKET SEGMENTS

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, Manufacturing & Processing, Chemical and Others

By Geography:

North America: U.S., Canada, Mexico

Europe: UK, Germany, France, Spain, Italy, Rest of Europe

Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

LAMEA: Chile, Israel, South Africa, Rest of LAMEA

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KEY PLAYERS: AMPHENOL INDUSTRIAL PRODUCTS GROUP, BARTEC FEAM, CMP PRODUCTS, COPPER CROUSE-HINDS, CORTEM GROUP, ELSEWEDY ELECTRIC, JACOB GMBH, METAL CRAFT INDUSTRIES, SEALCON LLC, WAROM GROUP, WISKA, WEIDMÜLLER INTERFACE GMBH & CO. KG, AGRO AG and HUMMEL AG

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