Global Cable Glands Market

  • 4100.00 Dollar US$
  • Published date: April 8, 2021
    • Pune, Pune, Maharashtra, India [ Ads Views - 0 ]
  • Call : 9607365656

Global Cable Glands Market was valued at US$ 1.62Bn in 2019 and is expected to reach US$ 3.20Bn by 2026, at a CAGR of 9.05% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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A cable gland is also called the sealing glands or strain reliefs. They allow the facilitation of barrier penetration while they are also offering sealing protection. They can be utilized with probes, wires, power, and signaling cables. Cable glands are used on a wide range of electrical power, control, instrumentation, information, and broadcast communications links.

Cable glands offer safe passage to electrical cables, which are exiting any enclosure or at the point of connection. They provide a secure connection against damage and also used to seal the internal environment of any electrical equipment against external factors such as dirt, liquids, and gases.

Increasing renewal of existing networks in the construction industry among developing countries is expected to drive the growth in the cable glands market. Increasing energy demand levels globally coupled with the growing population, and also a rise in real estate will be expected to boost the growth of the market in the near future. A rise in global construction activities is booming the global cable glands market growth.

The latest trend in the global cable glands market is increasing demand for hygienic cable glands. These cable glands are being gradually used in the array of the application such as in the food and dairy processing industry, clean rooms for semiconductor manufacturing, pharmaceutical labs, and the chemical industry.

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