Cable Gland Plugs Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global cable gland market was valued at $1.763 billion in 2020 and is projected to reach $2.841million by 2021, growing at a CAGR of 6.1% from 2022 to 2028. Cable glands, also called sealing glands or strain reliefs, facilitate barrier penetration while providing sealing protection. Can be used with probes, wires, power and signal cables. Cable glands are used in power, control, instrumentation, information and broadcast communication links.
Factors such as upgrading and renewal of existing networks due to government regulations, surging construction industry in developing countries, increasing level of energy demand worldwide, increasing population and increasing real estate are expected to drive the growth of cable glands. market in the near future.

Key Players

Lapp
RS Pro
Phoenix Contact
Moflash
Kopex-EX
Alpha Wire
Legrand
Pepperl + Fuchs
Jxijq
Smico

 

By Type

Stainless Steel
Plastic
Brass

 

By Application

Power Plant
Factory
Family
Others

Scope of the Report

The research study analyses the Cable Gland Plugs Market  from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Cable Gland Plugs Market  Report

What was the Cable Gland Plugs Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

What will be the CAGR of the Cable Gland Plugs Market during the forecast period (2022-2028)?

Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

Which manufacturer/vendor/players in the Cable Gland Plugs Market  was the market leader in 2021?

Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

 

The report will be delivered within 48-72 hours after payment confirmation