The anticipated growth of the Global Cable Glands Market is driven by the increasing use of Internet of Things (IoT) devices and a surge in construction activities.
According to a report by TechSci Research titled "Cable Glands Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028," robust growth is expected due to the expansion of the cable management systems market. This growth is fueled by the escalating demand for cable glands as physical infrastructure expands, necessitating suitable cable management solutions.
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Key drivers for the Cable Glands Market include advancements in the telecom sector, driving the need for cable glands as essential components for connecting data-transferring cables. The global increase in construction activities, particularly in emerging countries investing heavily in infrastructure development, has heightened the demand for secure cable connections.
The automotive sector's growth, including the rise of electric vehicles, significantly contributes to the market. Additionally, developments in smart grids and exploration in the oil and gas sector present substantial expansion opportunities.
The reliance on interconnected devices, the Internet of Things (IoT), and automation in various industries emphasizes the need for dependable cable connections. Cable glands offer secure and durable cable management, crucial for maintaining uninterrupted connectivity across different applications. The increasing demand for reliable cable connections in manufacturing and industrial settings, driven by automation, robotics, and data-driven processes, is on the rise.
The Global Cable Glands Market is segmented based on type, cable type, material used, end-user industry, and region. Armored cable glands are expected to dominate the market due to their robust protection against mechanical impacts, vibrations, and abrasion, making them suitable for challenging environments such as industrial facilities and hazardous areas.
In terms of end-user industry dominance, the aerospace segment is projected to lead throughout the forecast period. The aerospace industry requires high-performance cable glands to ensure safety and reliability in aircraft systems, driven by the adoption of advanced avionics, communication systems, and inflight connectivity.
Key market players in the Global Cable Glands Market are:-
- ABB Ltd
- Amphenol Corporation
- CMP Products Limited
- Cortem SPA
- Eaton Corporation PLC
- Elsewedy Electric Co S.A.E
- Emerson Electric Co.
- Hummel AG
- R. Stahl Aktiengesellschaft
- Sealcon LLC
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The Asia Pacific is expected to dominate the market, driven by rapid growth in industrial sectors such as manufacturing, energy, transportation, and telecommunications. The region's focus on technological innovation contributes to the demand for cable glands catering to modern systems, including data centers, telecommunications networks, and smart cities.
For further details and customization options, customers can refer to the report titled "Cable Glands Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Non-Hazardous and Hazardous), By Cable Type (Armored and Unarmored), By Material Used (Brass, Aluminum, Plastic, Stainless Steel and Other), By End User Industry (Aerospace, Construction, Manufacturing & Processing, Oil & Gas, Power & Utilities and Other), By Region, Competition."
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