Cable Glands Market to Witness Significant Growth During Forecast Period 2030

Global Cable Glands Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.

Request To Download Free Sample of This Strategic Report:-https://www.quadintel.com/request-sample/global-cable-glands-market/QI037

The Cable Glands refer to mechanical cable entry devices which are utilized in combination with cable and wiring in fitting application of electrical, instrumentation & control, and automation systems across telecom, power distribution, construction sector among others. Cable Gland act as a sealing and terminating device to ensure the protection of electrical equipment and enclosures. The rising expansion of construction activities worldwide and increasing utilization of cable glands across various end use industries as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Oxford Economics' Future of Construction Report 2021 - during 2020, Global construction output was estimated at USD 10.7 trillion, and the market is projected to grow by 42% or USD 4.5 trillion between 2020 and 2030 to grow to USD 15.2 trillion by 2030.

Furthermore, leading market players are working towards new product launches to leverage the growing demand for Cable Glands. For instance, in October 2020, Denzlingen, Germany based electric component manufacturer HUMMEL AG launched new lead-free cable glands. The company also announced to launch lead free versions of its premium cable gland HSK-M in sizes M12 to M63. Also, growing investment towards robust network infrastructure coupled with rising industrialization in developing regions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost of associated raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Cable Glands Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing telecom and data center industry and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving industrialization and rising construction sector, would create lucrative growth prospects for the global Cable Glands Market across the Asia Pacific region.

Request a Sample PDF copy of the report @-https://www.quadintel.com/request-sample/global-cable-glands-market/QI037

Major market players included in this report are:

3M Inc.
Abb Ltd.
Amphenol Corporation
Bartec Group
Cmp Products Limited
Cortem Group
Eaton Corporation Plc
Emerson Electric Co.
Hubbell Incorporated
Jacob Gmbh
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type

Industrial

Hazardous

By Cable Type

Armored

Unarmored

By Material

Brass

Stainless Steel

Plastic/Nylon

Download Sample of This Strategic Report: -https://www.quadintel.com/request-sample/global-cable-glands-market/QI037

By End User

Oil & Gas

Mining

Aerospace

Manufacturing & Processing

Chemical

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Request a Sample PDF copy of the report @-https://www.quadintel.com/request-sample/global-cable-glands-market/QI037

Table of content

Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types

Some of the Key Questions Answered in this Report:

What is the Market dimension at the regional and country-level?
What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
What targeted method and constraints are keeping the Market?
What are the distinct sales, marketing, and distribution channels in the world industry?
What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
What are the key market tendencies impacting the increase of the Market?
Economic have an impact on the Market enterprise and improvement vogue of the Market industry.

Request Full Report-https://www.quadintel.com/request-sample/global-cable-glands-market/QI037

About Quadintel:

We are the best market research reports provider in the industry. Quadintel believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today's competitive environment. Quadintel is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:

Quadintel:
Email:sales@quadintel.com
Address: Office - 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES
Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.quadintel.com/

This release was published on openPR.