Global Cable Connectors and Glands Market Overview:
A cable connecter and gland is a mechanical cable entry device that's designed to be connected and secures the end of a cable. These elements have a smooth external end or texture that stops the build-up of foreign contaminants and allows them to be cleaned simply by water or steam jets. Cable glands give strain-relieved, safe passage to electric cables entering or exiting any enclosure, therefore, preventing twisting and wear & tear of cables. Cable glands or connectors are widely employed in the construction industry to provide electrical power and smooth and reliable control with cable protection results. Additionally, these are used as connectors for data cables and telecommunication towers within the telecommunication business as they feature high efficiency, rapid production efficiency, and better sound absorption performance along with an extended span of service life. UV resistant cable glands protect pipelines from corrosion within the oil & gas business as they need strong moisture-proof performance and high-temperature resistance with excellent insulation performance, which proves these are ideal for harmful and unsafe environments. Current advancements to enhance high load-bearing capability and sturdy style of connectors, while providing sealing protection to confirm safety in harmful environments imply that the cable connectors and glands market share would undergo considerable growth within the coming years.
Growth Drivers
- Increase In Demand of Industrial Grade Cable Glands for Proper Transmission of Power
- Rise Energy Demands in Construction Infrastructure Development
Roadblocks
- Fluctuating Volatile Prices of The Raw Materials
Opportunities
- Technological Advancements in Cable Gland Production
- Government Initiatives for Upgradation and Renewal
Challenges
- Intense Competition in The Market
Competitive Landscape:
The global leading cable connectors and glands market players have adopted necessary steps to produce superior environmental seals as well as safe and reliable cable cleats for both project infrastructure as their essential role in cable management systems becomes increasingly recognized.
Some of the key players profiled in the report are Amphenol Industrial Products (United States), Eaton Corp (Ireland), Caledonian Cables (Singapore), CMP Products (United Kingdom), Cortem Group (United States), ABB Ltd (Switzerland), Jacob GmbH (Germany), Sealcon LLC (United States), Hubbell Incorporated (United States) and Emerson Industrial Automation (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Cable Connectors and Glands market by 2026. Considering Market by Cable, the sub-segment i.e. Armoured will boost the Cable Connectors and Glands market. Considering Market by Material , the sub-segment i.e. Brass will boost the Cable Connectors and Glands market. Considering Market by Industry Vertical, the sub-segment i.e. Oil & Gas will boost the Cable Connectors and Glands market.
In February 2020, CMP Products Ltd., specialist manufacturer of cable glands, cable cleats, launched Saturn (QSDSS), a new quad cable cleat range, which has a high short circuit rating of 152kA and enables cables to be installed safely in quad formation. Cleats protect integrity of cables and cable management system while maintaining high level of restraints.
What Can be Explored with the Cable Connectors and Glands Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cable Connectors and Glands Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cable Connectors and Glands
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cable Connectors and Glands market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cable Connectors and Glands market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Cable Connectors and Glands, Suppliers and distributors of Cable Connectors and Glands, Vendors of Cable Connectors and Glands, Raw Material Supplier of Cable Connectors and Glands, Governmental and Regulatory bodies and End-Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.