North America likely to dominate the Global Cable Glands Market in future


Posted March 19, 2020 by kishore2895

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 Global Cable Glands Market is anticipated to grow significantly during the forecast period, recording a CAGR of around 6.1% during the 2020-2025 period.
A cable gland, also known as strain reliefs or sealing glands, is a device that was built to secure by attaching the end of an electric cable to the equipment. These glands enable the penetration of barrier while offering sealing protection which is utilized in wires, probes, and power & signaling cables. There is a wide range of cable glands depending on the material, cable size, mode of utilization, type of wire, and pressure range of-fered by manufacturers of these glands.

These cable glands are designed with a completely smooth external surface as a rounded surface to prevent the accumulation of foreign contaminants like dust or bac-teria. Cable glands are used for getting washed quickly by water or steam jets owing to their smooth surface finish. These glands are used for various applications, such as semiconductor manufacturing, pharmaceutical labs, and in industries like food & dairy chemical production, processing, and chemical processing.
Recent developments
• Amphenol Industrial operation has launched the ePower connector series, which are made for the demanding needs of hybrid and electric vehicles.
• CMP products are opening its event with support for Electromec at the world-dominating power event, Middle East Energy (MEE).
Market drivers and restraints
The rising population, along with the increasing demand for construction activities worldwide, is a major driving factor that was affecting the global cable glands market. The need for innovative technologies, along with the excessive usage of hazardous ca-ble glands, will fuel the target market in the forecast period. Penetration of the for plastic/nylon demand cable glands in the automotive industry, chemical industry, oil industry, and gas industry, is supposed to drive the market in the forecast period. The economic nature of these plastic /nylon cable glands is creating exposure towards var-ious markets for plastic cable connectors in the upcoming years, thereby propels the growth of the market.
Also, the constant innovations in the cable gland technologies, which enable their us-age in sealing glands and in different industries coupled with the strategical initiatives started by the major players in the market are estimated to enlarge the scale of the target market in future.
View full report @ https://www.marketdataforecast.com/market-reports/cable-glands-market
Report Segmented as:
Cable Glands Market, By Type
• Industrial
• Hazardous
• Increased Safety
• Flameproof
• EMC
• Others
Cable Glands Market, By Cable Type
• Armored
• Unarmored
Cable Glands Market, By Material Type
• Brass
• Stainless Steel
• Plastic/Nylon
• Others
Cable Glands Market, By End User
• Oil & Gas
• Mining
• Aerospace & Defense
• Manufacturing & Processing
• Chemical
• Power & Utilities
• Others (Marine)
Geographical Analysis
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

In the regional analysis of the global cable gland market, North America is anticipated to dominate the market over the forecast period which will be followed by the Asia Pacific. Europe and North America are constituting more than 50% market revenue of the total share collectively.
Key market players
• Hubbell Incorporated
• Emerson Electric Co.
• Amphenol Corporation
• The 3M Company
• Eaton Corporation Plc
• ABB Ltd.
• Cortem SpA
• CMP Products Limited
• Bartec GmbH
• Jacob GmbH
Request sample report from the following link, https://www.marketdataforecast.com/market-reports/cable-glands-market/request-sample
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Tags cable glands industry , cable glands market , cable glands market share , cable glands market size
Last Updated March 19, 2020