Cable Glands Market was valued at US$ 1823.36 Mn. in 2020, it is expected to grow at a CAGR of 6.2 % for the period 2021-2027. Thanks to the growing trend armored segment use have boosted demand for Global Cable Glands Market.
Cable Glands Market Outlook 2021: Industry Share, Growth, Drivers, Emerging Technologies, and Forecast Research Report 2027
Based on current market conditions, consumer demands, and corporate strategy, the Cable Glands Market makes estimates of the market's key characteristics. The investigation report also divides the market into segments based on the Cable Glands Market Share, Market dynamics, growth factors, key players, and regions. Cable Glands Market (2021-2027) the research report offers a thorough analysis of the market by focusing on data on various global market factors, such as advancement trends, competitive landscape analysis, and the expansion status of important regions. It also highlights information on global drivers, barriers, opportunities, and threats. This study offers data to develop strategies for boosting market growth and success and is a thorough numerical analysis of the Cable Glands industry. For planning purposes, the research also provides projections of the market's size, price, revenue, profit margin, market share, cost structure, and growth rates.
The volume and value of the Cable Glands market at the global, regional, and corporate levels are the main topics of this research. Taking a worldwide view, this research quantifies the size of the entire Cable Glands market by examining past trends and potential future developments. This research concentrates on numerous important geographical areas, including North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
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Cable Glands Market: Segment Analysis:
The Cable Glands market is sub-segmented into armored and unarmored. The armored segment dominates the global market and it held a share of 55 % in 2020. These armored glands are designed for the wire braid cables which are used in hazardous working areas like chemical plants, oil and gas industries, and wastewater management plants, etc. In 2020, Rajendra Electrical, based in India is the largest supplier of armored cable glands in India. The factors slowing the demand for the growth of unarmored cable glands are its non-protective nature against mechanical damages, lack of stability in the hazardous area, and only applicable in a fixed installation. As a result, the armored cable gland segment is expected to grow at a CAGR of 3.2 % during the forecast period.
List of Regions coved in report:
Market Key Competition/ Key players:
• Amphenol Corporation
• Bartec Group
• CMP Products Limited
• Eaton Group (Cooper Crouse-Hinds Electric Company)
• ABB Ltd
• Cortem SPA
• Emerson Industrial Automation
• Elsewedy Electric
• Hubbell Incorporated
• Jacob Gmbh
• R.Stahl Ag
• Quanguan Electric
• Warom Technology Incorporated
• TE Connectivity Ltd
The report includes data on the major market players, such as Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin Sales, as well as a thorough analysis of the market's competitive landscape, specific vendor data, and minute details of factors that will obstruct the growth of significant market vendors.
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Key Highlights:
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The Maximize Market Research team does B2B and B2C research on 12,500 high-growth technologies that present potential for organisations in the healthcare, pharmaceuticals, electronics, communications, internet of things, food and beverage, aerospace, defe
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Nov 29, 2022