According to IMARC Group’s latest report, titled “Cable Glands Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global cable glands market reached a value of US$ 1645.1 Million in 2021.A cable gland, sealing gland, or strain relief, is a device used to attach the end of an electric cable to the equipment. It allows the facilitation of barrier penetration while giving sealing protection and is used in wires, probes, power, and signaling cables. Cable glands resist fire propagation and explosions and prevent water, oil, or any other fluid from entering the panel compartment. They are employed widely in junction boxes, electric panels, and power connectors in buildings.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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The global rise in construction activities, along with the continuous demand for power and energy, is among the primary factors propelling the demand for cable glands. In addition, the stringent government guidelines in many countries regarding building safety are stimulating the global cable gland market growth. Furthermore, research and development activities by key players are further boosting the growth of the market. For instance, CMP Products, a UK-based cable accessories manufacturer, has launched ‘Themis’ and ‘Solace’ fire-resistant cable clamps designed and tested to resist temperatures up to 1000 degrees Celsius. Looking forward, IMARC Group expects the market to reach US$ 2400.43 Million by 2027, exhibiting at a CAGR of 6.28% during 2022-2027.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cable glandsmarket, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on cable type, type, material and end user.
Competitive Landscape:
- ABB Ltd, Amphenol Corporation
- CMP Products Limited (British Engines Group)
- Cortem SPA
- Eaton Corporation PLC
- Elsewedy Electric Co S.A.E
- Emerson Electric Co.
- Hubbell Incorporated
- Hummel AG
- Stahl Aktiengesellschaft
- Sealcon LLC
- Warom Technology Incorporated Company.
Breakup by Cable Type:
- Armoured
- Unarmoured
Breakup by Type:
- Industrial
- Hazardous
Breakup by Material:
- Brass
- Stainless Steel
- Plastic and Nylon
- Others
Breakup by End User:
- Oil and Gas
- Mining
- Aerospace and Defense
- Manufacturing and Processing
- Chemical
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
