Press release
Powering Connections: Cable Glands Market Surges Amidst Global Technological Advancements, 2023-2032
Cable Glands play a vital role in securing and protecting cables, ensuring reliable connections in various industries. These versatile devices provide ingress protection against dust, moisture, and environmental factors, enhancing the longevity and safety of electrical systems. As technology advances, cable glands evolve to accommodate diverse cable types and applications, becoming an indispensable component in wiring networks, machinery, and infrastructure projects worldwide. Their robust design and adaptability make cable glands essential for maintaining the integrity and functionality of electrical connections in a wide range of environments.The cable glands market was valued at $2.4 billion in 2022 and is estimated to reach $4.5 billion by 2032, growing at a CAGR of 6.8% from 2023 to 2032.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐: https://www.alliedmarketresearch.com/request-sample/3321
A cable gland also known as a cord grip, strain relief, cable connector, or fitting is intended to attach and secure the end of an electrical cable to the equipment. The major factors that favor market growth include an increase in government initiatives to improve connectivity within regions, growth in construction industry worldwide, and rise in energy demand levels globally coupled with the surge in population. However, the volatile raw material prices are expected to hinder market growth in the near future.
Cable glands, also known as cable connectors or cable fittings, are devices used to securely attach and seal cables to equipment, enclosures, or surfaces while providing protection against environmental factors such as dust, moisture, and other contaminants which is expected to drive the cable glands market share. They are commonly used in various industries including electrical, telecommunications, manufacturing, and construction. The primary purpose of cable glands is to create a tight and secure connection between a cable and the equipment or enclosure it is being connected to. Rise in the adoption of cable grands in oil and gas, mining is expected to boost the cable glands market growth in the near future.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/3321
This helps prevent the cable from being pulled or twisted, which can damage the cable itself or the connections within. In addition, cable glands help maintain the integrity of the enclosure or equipment by sealing out moisture, dust, and other potentially harmful substances. Cable glands are available in various materials such as metal, plastic, or rubber, depending on the specific application and environmental conditions. Furthermore, Cable glands ensure safety by containing any potential electrical hazards which boosts the cable glands market size in the near future.
As per cable glands market forecast, the future of cable glands looks promising as the product is expected to play a dominant role in the oil and gas and power sector. Several developments have been undertaken by numerous government organizations to improve the network infrastructure of their regions, thereby increasing the demand for data transmission cables and accessories which boosts the cable glands market trends in forecast period. New data centers have been set up worldwide owing to rapid growth of the IT sector which requires cables and cable glands in bulk quantities and expected to create global cable glands market opportunities.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/cable-glands-market
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The Cable Glands industry's key market players adopt various strategies such as product launches, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐๐๐ฅ๐ ๐๐ฅ๐๐ง๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐,
Emerson Electric Co.
3M
ABB Ltd.
Hubbell Incorporated
Amphenol Corporation
Jacob Gmb
Elektrotechnische Fabrik
CMP Products Ltd
Cortem S.P.A
Eaton Corporation plc
BARTEC Top Holding GmbH
๐๐ซ๐๐ฌ๐ฌ ๐๐๐ฅ๐๐๐ฌ๐: https://www.alliedmarketresearch.com/press-release/cable-glands-market.html
Cable glands consist of several components, including a gland body, a locknut or fixing nut, a sealing ring or gasket, and in some cases, additional accessories like a strain relief component. Cable glands come in various sizes and types to accommodate different cable diameters, types of cables (such as armored cables or non-armored cables), and levels of protection required. Proper selection of the appropriate cable gland for a given application is crucial to ensure the safety, functionality, and longevity of the connected equipment and cables.
Cable glands market is segmented into type, end user, cable type, material, sealing technique, and region. On the basis of type, the market is categorized into industrial and hazardous. By hazardous type, the market is further divided into increased safety, flameproof, EMC and others. On the basis of end user, it is divided into oil & gas, mining, aerospace and defense, manufacturing & processing, chemicals and others. On the basis of cable type, it is classified into armored and unarmored. On the basis of material, it is classified into brass, stainless steel, plastic & nylon and others. On the basis of sealing technique, it is classified into no seal, inner seal and outer seal. Region-wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/3321
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:
1. On the basis of type, the hazardous segment grew with the highest CAGR of 7.0% in the forecast period
2. On the basis of end-user, the oil and gas segment held a market share of more than 25% in 2022 in terms of revenue
3. On the basis of cable type, the armored segment held the market share above 70% in 2022 in terms of revenue
4. On the basis of material, the plastic /nylon segment grew with the highest CAGR of 7.3% in the forecast period
5. On the basis of sealing technique, the brass segment held the market share above 50% in 2022 in terms of revenue
6. On the basis of region, the Asia-Pacific region growing with the highest CAGR of 7.1% in 2023-2032
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ง๐ ๐๐จ๐ฐ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐. ๐ ๐ข๐ซ๐ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ ๐๐๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ - https://www.globenewswire.com/news-release/2021/12/15/2352371/0/en/Fire-Resistance-Cable-Market-Is-Expected-to-Reach-2-5-Billion-by-2030-Says-AMR.html
๐. ๐๐ข๐ ๐ก ๐๐จ๐ฅ๐ญ๐๐ ๐ ๐๐๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ - https://www.globenewswire.com/news-release/2020/05/13/2032806/0/en/High-Voltage-Cables-Market-to-Reach-23-4-Billion-by-2027-AMR.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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