The Global Cable Glands Market is estimated to rise at a compound annual growth rate of around 6.1% throughout the forecast period of 2020 – 2025.
A cable gland is a device made to attach and secure the end of an electric cable to the equipment. Cable glands also called sealing glands or strain reliefs, help the barrier penetration while providing sealing protection. They can be used in probes, wires, and power and signaling cables. Makers offer a broad range of cable glands depending on the material, mode of use, cable size, type, and pressure range. Cable glands are designed with a smooth surface so as to avoid the accumulation of foreign contaminants like bacteria or dust. They have no sharp edges or open bolting threads. Owing to their smooth surface finish, they are employed for getting washed rapidly by water or steam jets. The development in technology and applications has driven the call for cable glands across the globe.
The report provides a broad study of the global cable glands market. It offers in-depth qualitative insights, historical data, and verifiable projections about market size. The projections shown in the report have been derived with the help of proven research methodologies and assumptions.
Recent Developments
Market Growth Drivers
Factors like upgrade and renewal of existing networks, due to government regulations, rise in the construction business among growing countries, increase in energy demand levels worldwide, rise in population, and expansion in real estates are estimated to drive the global Cable Glands market in the coming future. Nevertheless, volatile raw material costs and high fragmentation of the market are some of the likely factors which restrict the market expansion. The raw materials employed to develop cable glands are copper alloy, iron alloy, plastics, and others.
Restraints
The unstable costs of these major ingredients have negatively impacted the expansion of the global cable glands market. Hence, the volatile nature of raw material costs escalates the price of cable glands production, thus restricting the market expansion.
Report Coverage
REPORT METRIC |
DETAILS |
Market Size Available |
2019 – 2025 |
Base Year |
2019 |
Forecast Period |
2020 - 2025 |
Segments Covered |
By Cable Type, Material Type, End-user & Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders |
Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, and Jacob GmbH |
Cable Glands Market is segmented into the following types until 2025 as per the research report.
Cable Glands Market - By Cable Type
Cable Glands Market - By Material Type
Brass is the most broadly employed material for making cable glands, owing to the significant properties that make it suitable for employment in the industrial environment. Therefore, this segment held the prominent portion of the revenue in the global cable glands industry, which is likely to continue in the foreseen years.
Cable Glands Market - By End-User Industry
The large-scale upgrade and construction of oil refineries are driving the call for cable management tools across the world. Power & utilities have conventionally been a key end-user of cable glands market. The construction sector is estimated to witness the highest CAGR, followed by the aerospace sector, throughout the forecast period.
Cable Glands Market – By Region
The Cable Glands Market Report includes the segmentation of Regions with their respective Countries.
North America Cable Glands Market includes U.S, Canada
Europe Cable Glands Market includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe
Asia Pacific Cable Glands Market includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC
Latin America Cable Glands Market includes Brazil, Mexico, Argentina, Chile & Rest of LATAM
Middle East & Africa Cable Glands Market includes KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA
North America's cable glands market is estimated to lead the global business throughout the foreseen period, followed by the Asia Pacific. The Asia Pacific is one of the quickest expanding economic regions on the globe. China, India, and Japan are some of the countries, developing at a high rate on the basis of the economy. The Asia Pacific is rich in mines, refineries, and chemicals. Europe and North America collectively make more than 50% share of the total market. The markets in the Middle East & Africa and Latin America are slated to showcase high expansion throughout the forecast period.
Some of the major players operating in the Global Cable Glands are Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, and Jacob GmbH.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Cable Glands Market, By Cable Type
6.1.1 Armored Cable Glands
6.1.2 Unarmored Cable Glands
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Cable Glands Market, By Material Type
6.2.1 Brass
6.2.2 Aluminum
6.2.3 Plastic
6.2.4 Stainless Steel
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Cable Glands Market, By End-Use Industry
6.3.1 Aerospace
6.3.2 Construction
6.3.3 Manufacturing
6.3.4 Processing
6.3.5 Oil & Gas
6.3.6 Power & Utilities
6.3.7 Market Size Estimations & Forecasts (2019-2024)
6.3.8 Y-o-Y Growth Rate Analysis
6.3.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Cable Type
7.2.3 By Material Type
7.2.4 By End-Use Industry
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Cable Type
7.3.3 By Material Type
7.3.4 By End-Use Industry
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Cable Type
7.4.3 By Material Type
7.4.4 By End-Use Industry
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Cable Type
7.5.3 By Material Type
7.5.4 By End-Use Industry
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Cable Type
7.6.3 By Material Type
7.6.4 By End-Use Industry
8. Key Player Analysis
8.1 Hubbell Incorporated
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Emerson Electric Co.
8.3 Amphenol Corporation
8.4 3M
8.5 Eaton Corporation
8.6 ABB Ltd
8.7 Cortem Group
8.8 Bartec Group
8.9 CMP Products Limited
8.10 Jacob GmbH
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
Related Reports