Metal Cord Grips Market to Reach USD 3.1 Billion by 2035 Driven by Safety, Industrial Growth, and Modernization

The global metal cord grips market is poised for consistent expansion, reaching an estimated USD 1.8 billion in 2025 and projected to climb to USD 3.1 billion by 2035. This growth represents a CAGR of 5.2% over the forecast period. A detailed rolling CAGR analysis reveals moderate but reliable growth in the early years, followed by stronger adoption as modernization accelerates across key industries.

Between 2025 and 2027, the CAGR trend remains close to 5.0%, largely fueled by installation needs in construction and industrial cabling projects where safety and secure connections are essential. From 2027 to 2030, growth steadies at around 5.1% as demand from oil and gas facilities, manufacturing plants, and renewable energy projects strengthens. By 2030 to 2032, momentum builds further, with CAGR rising toward 5.3% due to investments in high-voltage equipment and modernization of utility networks. From 2032 to 2035, the growth stabilizes at 5.2%, supported by large-scale adoption in telecom, data centers, and smart grid projects.

The overall trajectory indicates that while early growth will be measured and steady, the latter part of the decade will see accelerated demand, particularly in regions building new industrial hubs or retrofitting existing infrastructure.

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Market Value and Segment Overview

The market is forecasted to reach USD 1.9 billion by 2025 and USD 3.1 billion by 2035, maintaining a CAGR of 5.2%. Brass dominates as the leading material choice, accounting for nearly 47.5% of the market in 2025 due to its corrosion resistance, conductivity, and durability. Compact cord grips up to 1 inch in size also take prominence, capturing over 41.6% of the market, as they serve critical roles in automation, panel assembly, and lighting.

Among shapes, the 45-degree elbow design is expected to generate nearly 38.9% of revenue by 2025, as it provides enhanced cable routing solutions in space-constrained installations. These insights highlight the market's emphasis on functionality, adaptability, and compliance with safety standards.

Key Application Areas

The metal cord grips market derives strength from five major parent industries. Electrical infrastructure contributes the largest share at 32%, ensuring safe cable management in power distribution. Oil, gas, and petrochemical industries follow with 25%, requiring explosion-proof designs to withstand harsh conditions. Construction adds 20% of demand, with strong adoption in residential and commercial wiring. Manufacturing contributes 13%, while telecommunications and data centers make up 10%, where cord grips are integral to high-density cable management.

Collectively, electrical infrastructure, oil and gas, and construction account for nearly 77% of total demand, demonstrating the heavy reliance of industrial and commercial sectors on these fittings.

Growth Drivers and Industry Dynamics

Several key factors are fueling the growth of the metal cord grips market.

First, the expansion of electrical networks and industrial installations has raised demand for safe and durable cable management solutions. Metal cord grips outperform plastic alternatives in environments where mechanical strength, grounding, and long-term reliability are critical.

Second, the oil and gas sector remains a cornerstone of demand. Hazardous operating environments require cord grips that meet explosion-proof standards, offering resilience against vibration, temperature, and chemical exposure.

Third, ongoing construction projects in both developed and emerging economies continue to rely on metal cord grips to ensure compliance with safety codes and deliver durable wiring solutions across residential towers, commercial buildings, and public infrastructure.

Finally, regulatory frameworks and certification standards are increasingly influencing procurement decisions. Certifications such as UL, ATEX, and IEC drive adoption by assuring safety and compliance for critical electrical projects.

Regional Outlook

Regional trends showcase significant differences in growth patterns. China leads global expansion with a projected CAGR of 7.0% through 2035, driven by massive infrastructure programs and utility upgrades. India follows at 6.5%, benefiting from power distribution reforms and industrial modernization. Germany and France maintain growth at 6.0% and 5.5% respectively, emphasizing safety standards and advanced automation. The UK records 4.9% CAGR, while the USA grows steadily at 4.4% on the back of retrofit projects and modernization in utilities and data centers.

Asia-Pacific is emerging as the strongest growth hub, with Europe and North America sustaining steady demand through regulatory-driven projects and modernization efforts.

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Competitive Landscape

The market is shaped by a mix of global giants and regional players. Industry leaders such as Alpha Wire, Amphenol Industrial, Eaton, Hubbell Wiring Device-Kellems, Lapp Group, Leviton, Panduit, R. Stahl, Remke Industries, Sealcon, Thomas & Betts (ABB), and Cooper Crouse-Hinds continue to lead with broad portfolios, advanced certifications, and durable product offerings.

At the same time, new manufacturers are carving out space with innovative designs, cost-competitive options, and faster delivery models. Regional firms, particularly in Asia, are offering tailored solutions to meet localized requirements, from bundled installation kits to EMC shielding for sensitive equipment.

Established companies are focusing on strengthening their global distribution channels, while emerging entrants emphasize niche innovation and custom machining. Both sets of players recognize the importance of certifications, corrosion resistance, and ingress protection ratings as critical differentiators in winning large-scale industrial and infrastructure contracts.

Outlook

The future of the metal cord grips market is marked by resilience, safety compliance, and adaptability to evolving industrial needs. With strong applications across oil and gas, construction, utilities, and data centers, demand will remain robust through 2035. Both established leaders and innovative new entrants are expected to thrive by aligning their offerings with stricter safety standards, evolving machinery needs, and large-scale infrastructure expansion worldwide.

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