Cable Glands Market - Forecast(2021 - 2026)
Cable glands are utilized in industrial and hazardous locations in the market. The global cable glands market was worth $1.808.5 million in 2017 and is expected to rise with a CAGR of 6.7% during the forecast period. The up gradation of existing networks, rise in construction and infrastructure development are considered as the major drivers in the cable gland industry. Cable glands are made up of steel, brass, plastic, nickel and nylon. Brass remained the significant material for fabricating cable glands and the revenue earned was $975m and is projected to command the market in the forecast period while plastic will follow as second most dominant material. In regard with the regions, America and Europe have very competitive market when compared APAC region due to the stringent regulations in the former’s market. What are Cable Glands? Cable glands are critical devices that are required to safely pass a cable, wire or tube through an enclosure in a harsh environment and henc