Cable Glands Market to Reach 2.32 Billion USD by 2021 - IndustryARC Research

HYDERABAD, India and MINNEAPOLIS, July 12, 2016 /PRNewswire/ --

According to the Report "Cable Glands Market Analysis - By Type (Industrial, Hazardous, Increased Safety, and Flameproof); By Cable Type (Armored, Unarmored); By End Users (Oil & Gas, Mining, Aerospace, Manufacturing & Processing, Chemical, Marine) - Forecast (2016 - 2021)", published by IndustryARC.

     (Logo: http://photos.prnewswire.com/prnh/20141106/712194 )

Browse - Around 52 Market Tables, 35 Figures spread through 149 Slides and an in-depth TOC on "Cable Glands Market"

http://industryarc.com/Report/15052/cable-glands-market.html

The Cable Glands, also known as sealing glands or strain reliefs, allow the facilitation of barrier penetration while simultaneously offering sealing protection and can be utilized with probes, wires, power and signaling cables. Manufacturers offer extensive range of cable glands depending upon material, mode of utilization, cable size, type of cable, pressure range and many others.

IndustryARC estimated the global Cable Glands market to be nearly $1.62 billion in 2015 according to a recent study. The market led by robust growth in Power & Utilities, Manufacturing & Processing, Chemicals and Oil & Gas sectors will advance to $2.32 billion by 2021 with a CAGR of 6.7%. Industrial Cable Glands will remain the dominant category during the estimation period with average variations around 90% of the total market. Flameproof Cable Glands led the Hazardous Cable Glands market growth rates in 2015 and are estimated to follow a similar growth trend at a CAGR of 4.4% till 2021.

Make an Inquiry @ http://industryarc.com/inquiry-before-buying.php?id=15052

Cable Glands is matured market, which over a period of time have become easy to imitate without the requirement for substantial exhaustive infrastructure facilities. Moreover, cable glands are not monitored commodities under certain sets of regulations, which have resulted in the penetration of several low-end suppliers with offerings at much lower prices. The sales channel analysis as per research indicates that the Distributors provide a significant channel of revenue in the cable glands market. The dominant players such as CMP Products, Eaton, Amphenol and Emerson have immense distribution channels owing to their extended presence as an organization intensified by their extensive range of product and service offerings.

Cooper Crouse-Hinds and Appleton emerged to be the dominant players in the Cable Glands Market in 2015 followed by CMP Products, Amphenol and Thomas & Betts with a combined share of approximately 40% in 2015. The Cable Glands Market is matured, thereby, resulting in the large-scale fragmentation of the market due to presence of several small-scale local manufacturers. These manufacturers held nearly 57%-58% of the global cable glands market in 2015.

Procure the Report @ http://industryarc.com/purchasereport.php?id=15052

The Key Segmentations for Cable Glands as a product include:

By Materials:  

• Brass
• Stainless Steel
• Plastic/Nylon & Others

By Types:  

• Industrial
• Hazardous (Increased Safety, Flameproof & Others)

By Cable Types:  

• Armored
• Unarmored

By Industry Verticals:  

• Oil & Gas
• Mining
• Manufacturing & Processing
• Aerospace
• Chemicals
• Construction
• Power & Utilities and Others

The Report also provides in-depth analysis across key geographic regions and major countries such as

• Americas (U.S., Brazil, and Mexico);
• Europe (Germany, U.K., France);
• Asia-Pacific (China, Japan, South Korea) and
• Rest of the World (Africa & Middle-East)

About IndustryARC: 

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Aerospace & Defense, Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact
Mr. Sanjay Matthews
Sales Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)

Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Browse Market Research Reports - http://www.industryarc.com/Domain/10/industrial-automation-instrumentation-market-research.html

SOURCE IndustryARC