Cable Glands Market Pleased With Fantastic Performance of Construction Sector in APAC


Posted June 28, 2017 by mokshitha

The Cable Glands, also known as sealing glands or strain reliefs, allow the facilitation of barrier penetration while simultaneously offering sealing protection.
 
The Cable Glands Market deals with the enabling of obstruction infiltration while at the same time offering protection of the sealing. A cable gland can be used with tests, wires, power and flagging links. Cable gland manufacturers offer a wide range of varieties like stainless steel cable glands, plastic cable glands and numerous others.

The Cable Glands Market growth is being driven by many key factors like upgradation and reestablishment of existing systems in the developed nations, the growth of the construction sector among BRICS nations, growing requirement of energy universally combined with a rapidly growing population, key improvements in infrastructure among Middle East and North Africa areas.

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Scope & Regional Forecast of the Cable Glands Market

The Cable Glands Market primarily has its application in industrial facilities and risky production areas. The armoured cable glands are introduced in situations which don't acclimatize to the conditions for a blast while brass cable glands are particularly intended for blast inclined zones. The Cable Glands Market was evaluated to be $1.62 billion in 2015 and is anticipated to reach $2.32 billion by 2021.

In 2015, the piece of the overall industry for Industrial and Hazardous cable glands share was 90% and 10%, individually in the Cable Glands Market. By 2021, these estimations are expected to hold firm with only minor variations. The primary driving element for such minor variations will be the uncertainty surroudning the Oil and Gas and Mining industry that are suffering from fluctuating prices, stringent environmental safety standards and the absence of investment in new exploration activities.

Segmentations & Key Players Involved in the Cable Glands Market

According to IndustryARC findings, the Cable Glands Market can be broken down into various segmentations on the basis of –

-Type: Industrial Cable Glands and Hazardous Area Cable Glands (Increased Safety, Flameproof, Other Hazardous Cable Glands).
-Material: Brass, Stainless Steel, Plastic and Others.
-Cable Type: Armored and Unarmoured/Non-Armoured.
-Industry Vertical: Manufacturing & Processing, Oil & Gas, Mining, Aerospace, Chemicals, Marine, Power & Utilities, Construction and Others.
-Geography: Americas, Europe, Asia-Pacific and Rest of the World.

Some of the key players involved in the Cable Glands Market according to IndustryARC are as follows:
-Metal Craft Industries
-R. Stahl AG
-Sealcon, LLC
-TE Connectivity

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