Cable Glands Market - Forecast(2021 - 2026)
Cable glands are utilized in industrial and hazardous locations in the market. The global cable glands market was worth $1.808.5 million in 2017 and is expected to rise with a CAGR of 6.7% during the forecast period. The up gradation of existing networks, rise in construction and infrastructure development are considered as the major drivers in the cable gland industry. Cable glands are made up of steel, brass, plastic, nickel and nylon. Brass remained the significant material for fabricating cable glands and the revenue earned was $975m and is projected to command the market in the forecast period while plastic will follow as second most dominant material. In regard with the regions, America and Europe have very competitive market when compared APAC region due to the stringent regulations in the former’s market.
What are Cable Glands?
What are the major applications of Cable Glands?
Market Research and Market Trends of Cable Glands market
- CMP Products has launched ‘Themis’ and ‘Solace’ fire resistant cable cleats which have been engineered and tested to withstand temperatures as high as 1000oC. These products have been designed for use with fire performance cables in order to safeguard the wiring system when affected by fire. It is made up of superior quality stainless steel making it suitable for indoor and outdoor applications.
- Schlemmer has re-engineered their ATEX Ex d/e/t cable glands series on the basis of updated ATEX standards and modified them according to the needs of customers. With this renewed series, they have reduced the weight and size of the gland in and improve their flame propagation and bending protection.
- Amphenol Industrial Operations has launched now a new series of rugged connectors for use in harsh environments. The LPT series is ideal for use in factory automation, automotive, hybrid electric vehicles or electric vehicles, energy storage, power distribution, industrial instrumentation and process control applications. This is light weight connector with an aluminum shell design.
Who are the Major Players in Cable Gland market?
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