Cable Glands Market Growth Insights In 2022 : A cable gland is a device designed to attach and secure the end of an electrical cable to the equipment. A cable gland provides strain-relief and connects by a means suitable for the type and description of cable for which it is designed, including provision for making electrical connection to the armour or braid and lead or aluminium sheath of the cable, if any. Cable glands may also be used for sealing cables passing through bulkheads or gland plates. Cable glands are mostly used for cables with diameters between 1 mm and 75 mm.
The global cable glands market is fragmented with the presence of several large regional and local vendors.
On the basis of type, the Cable Glands market is segmented into Plastic or Polymer Glands and Metal Glands. The Metal Glands segment accounted for the larger share of the global market in 2019 (85.03%).
Applications, included in this market are Railway, Oil & Gas, Mining, Construction, Aerospace, Chemical, Power and Energy, Others (Food, Pharmacy etc.). Oil & Gas Departments accounted for the largest share of the global market in 2019 (25.10%).
Market Analysis and Insights: Global Cable Glands Market
The global Cable Glands market size is projected to reach USD 3228.6 million by 2026, from USD 2011 million in 2020, at a CAGR of 8.2% during 2021-2026.
Global Cable Glands Scope and Market Size
The global Cable Glands market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cable Glands market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Leading Key Players In the global Cable Glands market 2022:
Based on product, the Cable Glands market is segmented into Plastic and Polymer Glands, Metal Glands and other. The Cable Glands products segment dominated the Cable Glands market in 2022. Rising incidences and new product launches expected to drive the segment growth.
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