Cable Glands Market Exhibiting at a CAGR of 6.28% during 2022-2027

According to IMARC Group's latest report, titled "Cable Glands Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the global cable glands market reached a value of US$ 1645.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2400.43 Million by 2027, exhibiting at a CAGR of 6.28% during 2022-2027.

A cable gland, sealing gland, or strain relief, is a device used to attach the end of an electric cable to the equipment. It allows the facilitation of barrier penetration while giving sealing protection and is used in wires, probes, power, and signaling cables. Cable glands resist fire propagation and explosions and prevent water, oil, or any other fluid from entering the panel compartment. They are employed widely in junction boxes, electric panels, and power connectors in buildings.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report

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The global rise in construction activities, along with the continuous demand for power and energy, is among the primary factors propelling the demand for cable glands. In addition, the stringent government guidelines in many countries regarding building safety are stimulating the global cable gland market growth. Furthermore, research and development activities by key players are further boosting the growth of the market. For instance, CMP Products, a UK-based cable accessories manufacturer, has launched 'Themis' and 'Solace' fire-resistant cable clamps designed and tested to resist temperatures up to 1000 degrees Celsius. 

Key Market Segmentation:

Competitive Landscape:

ABB Ltd, Amphenol Corporation
CMP Products Limited (British Engines Group)
Cortem SPA
Eaton Corporation PLC
Elsewedy Electric Co S.A.E
Emerson Electric Co.
Hubbell Incorporated
Hummel AG
Stahl Aktiengesellschaft
Sealcon LLC
Warom Technology Incorporated Company.

Breakup by Cable Type:

Armoured
Unarmoured

Breakup by Type:

Industrial
Hazardous

Breakup by Material:

Brass
Stainless Steel
Plastic and Nylon
Others

Breakup by End User:

Oil and Gas
Mining
Aerospace and Defense
Manufacturing and Processing
Chemical
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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