"In-Depth Study on Executive Summary Cable Glands Market Size and Share

CAGR Value

Data Bridge Market Research analyses that the cable glands market will exhibit a CAGR of 7.16% for the forecast period of 2022-2029. Therefore, the cable glands would rocket up to USD 3,712.58 million by 2029.

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Cable Glands Market Landscape

Segments

• By Type: On the basis of type, the cable glands market can be segmented into industrial, hazardous environments, marine and others. The industrial segment is expected to dominate the market due to the increasing industrialization and automation across various sectors. Cable glands play a crucial role in providing protection to wires and cables in industrial settings.
• By Material: Based on material, the market can be categorized into brass, stainless steel, plastic, nickel-plated, and others. Brass cable glands are anticipated to hold a significant market share owing to their superior conductivity, corrosion resistance, and durability.
• By End-User: Considering the end-user segmentation, the market is divided into oil and gas, mining, manufacturing, construction, aerospace, and others. The oil and gas segment is projected to witness substantial growth due to the rising investments in oil exploration and production activities worldwide.

Market Players

• CMP Products
• Eaton
• Emerson Electric Co.
• Lapp Group
• Legrand SA
• 3M
• Hubbell Incorporated
• Jacob GmbH