Cable Glands Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
A cable gland, also known as sealing gland or strain relief, allows the facilitation of barrier penetration while simultaneously offering sealing protection. It can be used with probes, wires, power, and signaling cables. Cable gland is used for electrical power, control, instrumentation, information, and broadcast communications links. Upgrade and renewal of existing networks, owing to government regulations drives the market outlook. Rise in energy demand levels globally, increase in population, and growth in real estates are expected to drive the growth of the cable glands market.
MARKET SCOPE
The "Global Cable Glands Analysis to 2028" is a specialized and in-depth study of the cable glands with a special focus on the global market trend analysis. The report aims to provide an overview of the cable glands market with detailed market segmentation by type, cable type, material, end-user and geography. The report provides key statistics on the market status of the leading cable glands market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
Drivers
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cable glands market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the cable glands market in these regions.
IMPACT OF COVID-19 ON CABLE GLANDS MARKET
The outbreak of the COVID-19 pandemic has severely impacted the power sector industries, which resulted decline in the demand for cable glands in the year 2020. The pandemic had severely impacted the power demand in countries such as China, India, and Japan. The pandemic had resulted in various supply chain challenges for manufacturers across the world, which had a similar impact on the cable glands market as well. Furthermore, project delays and and cancellation of orders has affected the market dynamics. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the projected period. The growing urbanization and rise in industrial activities are further fueling the adoption of cable glands which is aiding the market growth. There is rebound in energy investments in 2021, which is creates promising growth opportunities during the pandemic recovery period. For instance, February 2021, CMP Products Ltd has achieved approval to South African National Standard (SANS) 60079 for its range of hazardous area cable glands and accessories. Thus, growth prospects in constructional activities and rise in urbanization during the pandemic recovery period is anticipated to drive the market growth.
By Type
By Cable Type
By Material
By End User
MARKET PLAYERS
The report covers key developments in the cable glands market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the cable glands market are anticipated to provide lucrative growth opportunities in the future owing to growing demand for energy and power from developing economies.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cable glands market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
A cable gland, also known as sealing gland or strain relief, allows the facilitation of barrier penetration while simultaneously offering sealing protection. It can be used with probes, wires, power, and signaling cables. Cable gland is used for electrical power, control, instrumentation, information, and broadcast communications links. Upgrade and renewal of existing networks, owing to government regulations drives the market outlook. Rise in energy demand levels globally, increase in population, and growth in real estates are expected to drive the growth of the cable glands market.
MARKET SCOPE
The "Global Cable Glands Analysis to 2028" is a specialized and in-depth study of the cable glands with a special focus on the global market trend analysis. The report aims to provide an overview of the cable glands market with detailed market segmentation by type, cable type, material, end-user and geography. The report provides key statistics on the market status of the leading cable glands market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type the market is segmented into hazardous and non-hazardous
- On the basis cable type, the market is segmented as armored and unarmored
- On the basis material, the market is segmented as brass, stainless steel, plastic/nylon, and others
- On the basis end user, the market is segmented as oil & gas, mining, aerospace & defense, manufacturing & processing, chemical, others
Drivers
- Upgradation and renewal of existing networks, owing to government regulations drives the market growth
- Rise in the construction industry among developing countries propels the market dynamics
- The variability in raw materia prices restraints the market growth
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cable glands market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the cable glands market in these regions.
IMPACT OF COVID-19 ON CABLE GLANDS MARKET
The outbreak of the COVID-19 pandemic has severely impacted the power sector industries, which resulted decline in the demand for cable glands in the year 2020. The pandemic had severely impacted the power demand in countries such as China, India, and Japan. The pandemic had resulted in various supply chain challenges for manufacturers across the world, which had a similar impact on the cable glands market as well. Furthermore, project delays and and cancellation of orders has affected the market dynamics. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the projected period. The growing urbanization and rise in industrial activities are further fueling the adoption of cable glands which is aiding the market growth. There is rebound in energy investments in 2021, which is creates promising growth opportunities during the pandemic recovery period. For instance, February 2021, CMP Products Ltd has achieved approval to South African National Standard (SANS) 60079 for its range of hazardous area cable glands and accessories. Thus, growth prospects in constructional activities and rise in urbanization during the pandemic recovery period is anticipated to drive the market growth.
Cable Glands Market Report Analysis
Cable Glands Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Hubbell
- Emerson Electric Co.
- Amphenol Industrial Products Group
- Eaton
- ABB
- Cortem S.p.A.
- BARTEC
- CMP Products Limited
- JACOB GmbH
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Type
- Hazardous
- Non-Hazardous
By Cable Type
- Armored
- Unarmored
By Material
- Brass
- Stainless Steel
- Plastic/Nylon
- Others
By End User
- Oil and Gas
- Mining
- Aerospace
- Manufacturing and Processing
- Chemical
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The report covers key developments in the cable glands market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the cable glands market are anticipated to provide lucrative growth opportunities in the future owing to growing demand for energy and power from developing economies.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cable glands market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hubbell
- Emerson Electric Co.
- Amphenol Industrial Products Group
- Eaton
- ABB
- Cortem S.p.A.
- BARTEC
- CMP Products Limited
- JACOB GMBH
- Warom Technology Incorporated Company
Cable Glands Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List Of Companies
- Hubbell
- Emerson Electric Co.
- Amphenol Industrial Products Group
- Eaton
- ABB
- Cortem S.p.A.
- BARTEC
- CMP Products Limited
- JACOB GmbH
- Warom Technology Incorporated Company
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