Press release
Explosion-proof Cable Glands Market
Explosion-proof Cable Glands Market by Type (Increased Safety, Flameproof, EMC, and Others), Cable Type (Armored and Unarmored), Material (Brass, Steel, Plastic/Nylon, and Others) and End User (Oil & Gas, Mining, Chemical, Manufacturing & Processing, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2024glands market was valued at $174.9 million in 2017, and is projected to reach $269.4 million by 2024, registering a CAGR of 6.4% from 2018 to 2024.
The latest analysis on Global Explosion-proof Cable Glands Market is based on several organizations from different regions leading across the globe. The 200+ pages report offers significant information along with highlighting the drivers, restraints, and opportunities of the market. The study also aims to provide comprehensive information on the latest market trends, strategies, and competitions among the market players in the global Explosion-proof Cable Glands Market. The analysis covers both the historical and forecasted data from 2014 to 2021 and 2021 to 2024 along with other segments including product overview, material required, and other growth aspects.
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Explosion-proof Cable Glands Market Competitive Analysis:
Leading market players profiled in the global Explosion-proof Cable Glands Market report include CMP Products Limited, Bartec Feam, Elsewedy Electric, Weidmller Interface GmbH & Co., Jacob GmbH, Hummel AG, Eaton corporation plc. (Cooper Crouse-Hinds, LLC), Emerson Electric Co. (Appleton Grp LLC), Amphenol Industrial Products Group, and Cortem Group.
These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, collaborations, and new product launches to strengthen their position in the industry.
Covid-19 Impact on the Global Explosion-proof Cable Glands Market:
Explosion-proof Cable Glands Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
COVID-19 Scenario:
Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.
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Explosion-proof Cable Glands Market Segmentation:
The research provides an in-depth segmentation of the global Explosion-proof Cable Glands Market based on the type, cable type, material, end user and geography. It also presents a comprehensive examination of sales, revenue, growth rate, and market share of each for the historic period and the forecast period.
Explosion-proof Cable Glands Market Regional Analysis:
The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.
KEY BENEFITS FOR STAKEHOLDERS
This report offers analytical representation of the Explosion-proof Cable Glands Market trends with recent trends and future predictions to outline the upcoming investment pockets.
The overall potential intends to help in understanding the profitable trends to strengthen the base in the Explosion-proof Cable Glands Market.
The Explosion-proof Cable Glands Market analysis provides extensive information based on key determinants of the market along with a detailed impact analysis.
The recent market forecast is significantly examined from 2021 to 2024 to specify the financial ability.
Porter’s five forces analysis demonstrates the effectiveness of the buyers and suppliers in the industry.
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Explosion-proof Cable Glands Market Key
Segments:
By Type
Increased Safety
Flameproof
EMC
Others
By Cable type
Armored
Unarmored
By Material
Brass
Steel
Plastic/Nylon
Others
By End user
Oil & Gas
Mining
Chemical
Manufacturing & Processing
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Spain
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Singapore
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter's five forces analysis
3.4. Market share analysis, 2017 (%)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increase in number of refineries
3.5.1.2. Stringent government regulation regarding safety
3.5.2. Restraint
3.5.2.1. Volatile nature of raw material prices
3.5.3. Opportunity
3.5.3.1. Increase in installation of data centers
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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