Cable Glands Market, By Type (Non-Hazardous Area Cable Glands and Hazardous Area Cable Glands), By Cable Type (Armored Cable Glands and Unarmored Cables), By Material Used (Brass, Aluminium, Plastic, Stainless Steel, and Other Material Types), By Industrial Vertical (Aerospace, Construction, Manufacturing and Processing, Oil and Gas, Power and Utilities, and Other End-user Industries (Marine, Mining, Chemicals)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI392020 | Publish Date: March 2024 | No. of Pages: 162

Global Cable Glands Market By Overview

Cable glands are vital devices that are essential to safely pass a wire, cable, or tube through an enclosure in a harsh environment and hence provide sealing, protection, and grounding. They act as a barrier during a hazardous environment and offer strain relief. They deliver a secure connection between the machine and the cable which prevents the wear and tear and twisting of cables. Cable glands are manufactured for use with either non-armored or armored cable. They can be made of a variety of materials such as brass, aluminium, nylon, stainless steel, and plastic. As the cable glands are intended for safety, it is important to have electrical safety specification ratings such as CEC, ATEX, and NEC depending on the country of origin.

Global Cable Glands Market By Dynamics

Rise in energy demand levels across the globe coupled with an increase in population, and growth in real estates are expected to drive the growth of the cable glands market over the forecast period. Also, factors such as upgrade and renewal of existing networks, owing to surge in the construction cable type along with the rise in government regulations, among developing countries, globally, is boosting the growth of the target market. However, high fragmentation and high volatile raw material prices of the market are some of the probable factors that hamper the global market growth. The raw materials used for manufacturing of cable glands include iron alloy, copper alloy, plastics, and others. The unstable costs of these essential ingredients have negatively affected the growth of the global cable glands market. Nevertheless, continuous demand for energy and power in the developing and developed countries create a major opportunity for the target market expansion. Some of the emerging regions, such as Bulgaria, Romania, Laos, and other regions, needs investment to grow their industrial sectors. Financing in such developing regions can help in the development of the respective country’s economy. Thus, the investments made in such untapped regions for the growth in their economic sectors are projected to create lucrative growth opportunities for the global market over the forecast period.

Global Cable Glands Market By Segmentation

The cable glands market is segmented based on type, cable type, the material used, industrial vertical, and region.

Based on type, the global cable glands market is segmented into non-hazardous area cable glands and hazardous area cable glands. Based on the cable type, the target market is classified into armored cable glands and unarmored cables. Based on the material used, the global market is classified into brass, aluminium, plastic, stainless steel, and other material types. Based on industrial vertical, the global market is segmented aerospace, construction, manufacturing and processing, oil and gas, power and utilities, and other end-user industries (marine, mining, chemicals)

On the region, the global cable glands market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a major share in the global cable glands market. The U.S. is the largest market for cable glands and it is projected to continue its dominance over the forecast period.  According to the data published by US Energy Information Administration in 2017, the amount of energy produced in the U.S. was 87.5 quadrillion Btu, equivalent to around 89.6% of the U.S. energy consumption. In 2016, according to the International Energy Agency, the U.S. energy sector experienced a total investment of US$ 276 Mn (the second-highest in the world). Asia-Pacific is rich in refineries, chemicals, and mines. Therefore, the approval of industrial equipment such as cable glands has observed a significant growth in this region. Asia-Pacific is one of the fastest-growing economic regions in the world.

Global Cable Glands Market, By Type:

  • Non-Hazardous Area Cable Glands
  • Hazardous Area Cable Glands

Global Cable Glands Market, By Cable Type:

  • Armored Cable Glands
  • Unarmored Cables

Global Cable Glands Market, By Material Used:

  • Brass
  • Aluminium
  • Plastic
  • Stainless Steel
  • Other Material Types

Global Cable Glands Market, By Industrial Vertical:

  • Aerospace
  • Construction
  • Manufacturing and Processing
  • Oil and Gas
  • Power and Utilities
  • Other End-user Industries (Marine, Mining, Chemicals)

Global Cable Glands Market, By Region:

      • North America
        • North America Cable Glands Market, By Type
        • North America Cable Glands Market, By Cable Type
        • North America Cable Glands Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Cable Glands Market, By Type
        • Europe Cable Glands Market, By Cable Type
        • Europe Cable Glands Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Cable Glands Market, By Type
        • Asia Pacific Cable Glands Market, By Cable Type
        • Asia Pacific Cable Glands Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                        
      • Latin America
        • Latin America Cable Glands Market, By Type
        • Latin America Cable Glands Market, By Cable Type
        • Latin America Cable Glands Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Cable Glands Market, By Type
        • Middle East & Africa Cable Glands Market, By Cable Type
        • Middle East & Africa Cable Glands Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Cable Glands Market By Key Players

The key players operating the global cable glands market Bartec Group, CMP Products Limited, Eaton Group – (Cooper Crouse-Hinds Electric Company), Elsewedy Electric, ABB Ltd., Cortem SpA, Emerson Industrial Automation, Amphenol Corporation, Hubbell Incorporated, and Jacob Gmbh. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the type’s to gain a competitive edge in the target market. For instance, in November 2018, Amphenol Corporation proclaimed that it entered into a definitive agreement to acquire SSI Controls Technologies (“SSI”), the sensor manufacturing division of SSI Technologies Inc., for almost US$ 400 million-plus a performance-related contingent payment. The deal is focused on certain regulatory approvals and also other customary closing conditions.

Global Cable Glands Market By Company Profile

  • Bartec Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies 
  • CMP Products Limited
  • Eaton Group – (Cooper Crouse-Hinds Electric Company)
  • Elsewedy Electric
  • ABB Ltd.
  • Cortem SpA
  • Emerson Industrial Automation
  • Amphenol Corporation
  • Hubbell Incorporated
  • Jacob GmbH

 “*” marked represents similar segmentation in other categories in the respective section

Global Cable Glands Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Cable Type Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Cable Type
      • Market Snippet, By Material, Used
      • Market Snippet, By Industrial Vertical
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Non-Hazardous Area Cable Glands
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Hazardous Area Cable Glands
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Cable Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Armored Cable Glands
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Unarmored Cables
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By Material Used, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Armored Cable Glands
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Unarmored Cables
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Market Segmentation, By Industrial Vertical, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Brass
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Aluminium
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Plastic
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Stainless Steel
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Other Material Types
      • Overview
      • Market Cable Type and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  9. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Cable Type and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Cable Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Material Used, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Industrial Vertical, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Cable Type and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Cable Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Material Used, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Industrial Vertical, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Cable Type and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Cable Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Material Used, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Industrial Vertical, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Cable Type and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Cable Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Material Used, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Industrial Vertical, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Cable Type and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Cable Type, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Material Used, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Industrial Vertical, 2020 – 2030
      • Market Cable Type and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
  • Bartec Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CMP Products Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eaton Group – (Cooper Crouse-Hinds Electric Company)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Elsewedy Electric
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ABB Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cortem SpA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Emerson Industrial Automation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amphenol Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hubbell Incorporated
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Jacob Gmbh
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The global cable glands market is segmented based on type, cable type, the material used, industrial vertical, and region.

Opportunities could arise from the expansion of infrastructure projects, the growth of industrial automation, and the adoption of cable glands with enhanced features such as corrosion resistance and explosion-proof capabilities.

Other factors include the rising demand for cable glands in hazardous environments, the need for reliable cable management solutions, and the integration of cable glands in renewable energy projects.

Regions typically considered include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Considerations for these regions are based on factors such as industrial activities, the presence of key players in the cable glands industry, and infrastructure development projects.

The key players operating the global cable glands market Bartec Group, CMP Products Limited, Eaton Group – (Cooper Crouse-Hinds Electric Company), Elsewedy Electric, ABB Ltd., Cortem SpA, Emerson Industrial Automation, Amphenol Corporation, Hubbell Incorporated, and Jacob Gmbh.

The cable glands market accounted for US$ 1.5 billion in 2019 and is projected to register a moderate CAGR over the forecast period.