A Cable Glands, also known as sealing gland or strain relief, facilitates the protection as well as sealing of wires & cables from various environmental factors such as moisture, air, dust, and others. These glands are mechanical cable entry devices and can be utilized with probes, wires, power, and signaling cables. They are used as fixing and end devices to ensure that quality of the enclosure that the cable enters can be looked after satisfactorily. A Cable Glands might be utilized on a wide range of electrical power, control, instrumentation, information, and broadcast communications links. They are used across various industries in conjunction with cable & wiring used in electrical instrumentation and automation systems.
Factors such as upgrade and renewal of existing networks, owing to government regulations, surge in the construction industry among developing countries, 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 soon. However, volatile raw materials prices and high fragmentation of the market are some of the probable restraining factors for the market. Continuous demand for energy and power in the developed and developing or underdeveloped countries presents a major opportunity for market expansion.
The global Cable Glands market is segmented into type, cable type, material, end user, and region. Based on type, the market is further divided into industrial and hazardous. The hazardous type is further divided into increased safety, flameproof, EMC, and others. Based on cable type, the market is bifurcated into armored and unarmored.
Based on material, it is divided into brass, stainless steel, plastic/nylon, and others. Based on end users, the market is classified into oil & gas, mining, aerospace, manufacturing & processing, chemical, and Other (Marine etc.) industries. Based on region, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed and profiled in this report are Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, and Jacob GMBH.
KEY BENEFITS FOR STAKEHOLDERS
- Porter’s five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the Cable Glands industry for strategy building.
- It outlines the current trends and future scenario of the market from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets.
- Major countries in each region have been mapped according to their individual revenue contribution in the global/regional market.
- The key drivers, restrains, and opportunities and their detailed impact analyses are elucidated in the report.
- The profiles of key players competing in the market along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
- By Type
- Industrial
- Hazardous
o Flameproof
o EMC
o Others
- By Cable type
- Armored
- Unarmored
- By Material
- Brass
- Stainless Steel
- Plastic/Nylon
- Others
- By End User
- Oil & Gas
- Mining
- Aerospace & Defense
- Manufacturing & Processing
- Chemical
- Others (Marine)
- By Region
- North America
o Canada
o Mexico
- Europe
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o India
o Singapore
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Saudi Arabia
o South Africa
o Rest of LAMEA
What is the estimated value of the Global Cable Glandss Market?
What is the growth rate of the Global Cable Glandss Market?
What is the forecasted size of the Global Cable Glandss Market?
A Cable Glands, also known as a sealing gland or strain relief, allows the facilitation of barrier penetration while simultaneously offering sealing protection. It can be utilized with probes, wires, power, and signaling cables. It might be used on a wide range of electrical power, control, instrumentation, information, and broadcast communications links. Factors such as upgrade and renewal of existing networks, owing to government regulations, rise in the construction industry among developing countries, rise in energy demand levels globally coupled with the rise in population, and a surge in real estates boost the growth of the market soon.
Based on type, the global Cable Glands market is segmented into industrial and hazardous. The industrial market is anticipated to have major share in the market. The rapid industrialization across the globe, especially in the Asia-Pacific region leads to set up of various industries such as automotive, steel, petrochemical, electronics, and aerospace & defense. This increases the demand for industrial grade Cable Glands for proper transmission of power, earthing, bonding, insulation, and cable guarding. Based on cable type, the market is bifurcated into armored and unarmored. Based on material, it is classified into brass, nylon/plastic, stainless steel, and others. The brass Cable Glands segments holds the major share in the global Cable Glands market owing to its utilization in the petrochemical and oil & gas industries since it provides superior protection against contamination and corrosion in hostile environments.
By end user, the global Cable Glands market is segmented into oil & gas, mining, aerospace, manufacturing & processing, chemical, and others. The oil & gas segment holds the major share in the global Cable Glands market. Various types of cable connectors are utilized in the oil & gas industry. These include cold shrink cable terminations, which are used in onshore refineries as well as in harmful flammable conditions and resin Cable Glands that are used in situations where resistance to hydrocarbons is required. Further, the Cable Glands market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In 2017, the brass Cable Glands segment was the leading revenue contributor to the global market. However, the plastic/nylon Cable Glands segment is expected to witness healthy growth rates during the forecast period.
Key Findings of the Cable Glandss Market:
The North America region dominated the market and is projected to grow with a CAGR of nearly 6.1%, in terms of revenue, during the forecast period.
The Europe Cable Glands market is anticipated to witness moderate growth rate of 5.8%, in terms of revenue, during the forecast period.
The Asia-Pacific Cable Glands market generated a revenue share of 29.99% in 2017.
The key players analyzed and profiled in this report are Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, Jacob GMBH. Amphenol GEC, a division of Amphenol Corporation is offering new cable protection line of products that protects cable harnesses in virtually any environment. The new product line includes conduits, Cable Glands, tubing, and braided jackets.
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They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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