Cable Glands Market

Global Cable Glands Market Size (2024 to 2029):

The size of the global cable glands market was worth USD 2.35 billion in 2023. The global market is anticipated to grow at a CAGR of 7% from 2024 to 2029 and be worth USD 3.53 billion by 2029 from USD 2.52 billion in 2024.

MARKET SCENARIO

A cable gland is a device made to attach and secure the end of an electric cable to the equipment. Cable glands also called sealing glands or strain reliefs, help the barrier penetration while providing sealing protection. They can be used in probes, wires, and power and signaling cables. Makers offer a broad range of cable glands depending on the material, mode of use, cable size, type, and pressure range. Cable glands are designed with a smooth surface so as to avoid the accumulation of foreign contaminants like bacteria or dust. They have no sharp edges or open bolting threads. Owing to their smooth surface finish, they are employed for getting washed rapidly by water or steam jets. The development in technology and applications has driven the call for cable glands across the globe. The report provides a broad study of the global cable glands market. It offers in-depth qualitative insights, historical data, and verifiable projections about market size. The projections shown in the report have been derived with the help of proven research methodologies and assumptions.

MARKET DRIVERS

Factors like upgrade and renewal of existing networks, due to government regulations, rise in the construction business among growing countries, increase in energy demand levels worldwide, rise in population, and expansion in real estates are estimated to drive the global cable glands market in the coming future.

MARKET RESTRAINTS

Nevertheless, volatile raw material costs and high fragmentation of the market are some of the likely factors which restrict the market expansion. The raw materials employed to develop cable glands are copper alloy, iron alloy, plastics, and others. The unstable costs of these major ingredients have negatively impacted the expansion of the global cable glands market. Hence, the volatile nature of raw material costs escalates the price of cable glands production, thus restricting the market expansion.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Cable Glands Market Analysis By Material Type

Brass is the most broadly employed material for making cable glands, owing to the significant properties that make it suitable for employment in the industrial environment. Therefore, this segment held the prominent portion of the revenue in the global cable glands industry, which is likely to continue in the foreseen years.

Global Cable Glands Market Analysis By End-User Industry

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 construction sector is estimated to witness the highest CAGR, followed by the aerospace sector, throughout the forecast period.

REGIONAL ANALYSIS

North America's cable glands market is estimated to lead the global business throughout the foreseen period, followed by the Asia Pacific.

The Asia Pacific is one of the quickest expanding economic regions on the globe. China, India, and Japan are some of the countries, developing at a high rate on the basis of the economy. The Asia Pacific is rich in mines, refineries, and chemicals. Europe and North America collectively make more than 50% share of the total market. The markets in the Middle East & Africa and Latin America are slated to showcase high expansion throughout the forecast period.

KEY PLAYERS IN THE GLOBAL CABLE GLANDS MARKET

Companies playing a prominent role in the global cable glands market include Hubbell Incorporated, Emerson Electric Co., Amphenol Corporation, 3M, Eaton Corporation PLC, ABB Ltd., Cortem Group, Bartec Group, CMP Products Limited, and Jacob GmbH, and Others.

RECENT HAPPENINGS IN THE GLOBAL CABLE GLANDS MARKET

• Amphenol Industrial operations launched the ePower connector series. The series is made fo the demanding needs of hybrid, electric vehicles, and utility trucks electrical systems, operating at 800vdc to 1000vdc with a 300A to 500A rating. The product incorporates the patented RADSOK technology for higher amperage, lower T-rise, less resistance, and mating force. Meantime, it provides a 40% smaller footprint than three EMI protecting cable glands (based on 95mm2 conductor size) and smoother operation of termination with shielded cable by a washer compressing the shield to the inside surface of the shell. The connector series covers 2,3, or 4 contacts. One ePower 400A connector can replace three traditional connectors, saving space and expenses. 

• Power management organization Eaton declared it had grown its Advantage Automated Series clutches to support popular automated transmissions present in the North American market, rounding out its aftermarket automated clutch portfolio. The declaration was made on Jan 28, 2020, at the Heavy Duty Aftermarket Week show, in Grapevine, Texas. The Advantage Automated series clutches fit the unique requirements of automated transmissions that are featured on more than 75 percent of new heavy-duty trucks sold in North America.

• CMP Products opens its event schedule for 2020 with support for Electromec, one of the biggest distributors for the United Arab Emirates, at the world-dominating power event, Middle East Energy (MEE) 2020. Taking place at the Dubai World Trade Centre (03-05 March), the event sets the scene for CMP to showcase TruSeal, the latest range of polymer and metallic cable glands. The TruSeal range complies with the new product safety standards for industrial (IEC/EN 62444) and explosive atmosphere (IEC/EN 60079-0, 7, 31) installations and all materials are UV resistant, zero halogens and phosphorus-free as standard. Technical sales engineers will be on hand to showcase the unique advantages that TruSeal has to provide. 

DETAILED SEGMENTATION OF THE GLOBAL CABLE GLANDS MARKET INCLUDED IN THIS REPORT

This research report on the global cable glands market has been segmented and sub-segmented based on cable type, material type, end-user industry, and region.

By Cable Type

• Armored Cable Glands

• Unarmored Cable Glands

By Material Type

• Brass

• Aluminum

• Plastic

• Stainless Steel

By End-User Industry

• Aerospace

• Construction

• Manufacturing

• Processing

• Oil & Gas

• Power & Utilities

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa