DUBLIN--(BUSINESS WIRE)--The "Cable Glands Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global cable glands market reached a value of US$ 1645.1 Million in 2021. Looking forward, the publisher expects the market to reach US$ 2400.43 Million by 2027, exhibiting a CAGR of 6.28% during 2022-2027.
Companies Mentioned
- 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
- R. Stahl Aktiengesellschaft
- Sealcon LLC
- Warom Technology Incorporated Company
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor
Cable glands, also known as cable connectors, refer to devices designed to seal and secure the ends of cables to a piece of electrical equipment. Depending on the application, they are manufactured using metallic and non-metallic materials, such as brass, aluminium, plastic, nylon, polyvinyl chloride (PVC), and steel. They provide insulation, earthing, bonding, and strain relief while protecting sensitive electrical wiring against contamination, dust, corrosion, moisture, and flammable gas. Nowadays, manufacturers are offering cable glands in various materials, types, and pressure ranges
Cable glands are crucial components of cable management systems that are extensively utilized in numerous industrial and hazardous environments. As a result, the significant growth in the demand for cable management systems and advancements in the telecom industry are the primary factors driving the market growth. Additionally, the growing need for secure cable connections due to the increasing construction and renovation activities of public and private installations is augmenting the demand for cable glands. Besides this, the emerging military applications of cable glands in the manufacturing of aerospace equipment, aircraft, and space vehicles are other major growth-inducing factors.
Furthermore, cable glands find extensive applications in the automotive sector. In addition, the rising production of automobiles and the increasing sales of electric vehicles (EVs) are creating a favorable market outlook. Some of the other factors, including the widespread adoption of solar systems, rapid deployment of smart grids, expansion of physical infrastructure, and rising oil and gas exploration activities, are also propelling the market growth. Moreover, the escalating demand for energy and infrastructure on account of the growing population and heavy investments in the commercial and residential sectors are driving the market further.
Key Questions Answered in This Report:
- How has the global cable glands market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cable glands market?
- What are the key regional markets?
- What is the breakup of the market based on the cable type?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cable glands market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cable Glands Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Cable Type
7 Market Breakup by Type
8 Market Breakup by Material
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/906sd0
