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According to HTF Market Intelligence, the Global Cable Glands market to witness a CAGR of 6.84% during forecast period of 2023-2029. The market is segmented by Application (Oil & Gas, Mining, Aerospace, Manufacturing & Processing, Chemical, Others) by Type (Industrial, Hazardous, Increased Safety, Flameproof, EMC, Others) by Cable Type (Armored, Unarmored) by Material (Brass, Stainless Steel, Plastic/Nylon, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 1774.59Million
Definition:
A cable gland is a device designed in order to attach and secure the end of an electrical cable to the equipment. It is also known as a cable connector or fitting. It is designed to permit the entry of a cable, flexible cable or insulated conductor into an enclosure, and which provides sealing as well as retention. It also provides significant functions such as earthing, insulation, bonding, cable guarding, strain relief or a combination of these. It is also be used for sealing cables passing through bulkheads or gland plates. Additionally, it is used in conjunction with cable and wiring for electrical, instrumentation & control, and automation systems, including lighting, power, data, and telecoms.
Market Drivers:
• Upgrading and Renewal of Existing Networks in Developed Economies
• Surge In Construction Industry among BRICS Countries
• Infrastructure Development Projects Among the Middle East and North Africa Regions
Market Opportunities:
• Emerging Demand from Developing Regions
Revenue and Sales Estimation – Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on Cable Glands Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Cable Glands
• Regulation and its Implications
• Other Compliances
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Amphenol Corporation (United States), Bartec Group (Germany), Cmp Products Ltd (United Kingdom), Eaton Group (Cooper Crouse-Hinds Electric Company) (United States), Abb Ltd. (Thomas & Betts Corporation) (Switzerland), Cortem S.P.A (Italy), Emerson Industrial Automation (United States), El sewedy Electric (Egypt), Hubbell Incorporated (United States), Jacob Gmbh (Germany)
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Some Extracts from Cable Glands Market Study Table of Content
Cable Glands Market Size (Sales) Market Share by Type (Product Category) [Industrial, Hazardous, Increased Safety, Flameproof, EMC, Others] in 2023
Cable Glands Market by Application/End Users [Oil & Gas, Mining, Aerospace, Manufacturing & Processing, Chemical, Others]
Global Cable Glands Sales and Growth Rate (2019-2029)
Cable Glands Competition by Players/Suppliers, Region, Type, and Application
Cable Glands (Volume, Value, and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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