Cable Glands and Cord Grips Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.2 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The cable glands and cord grips market is an essential segment within the electrical and manufacturing industries, playing a crucial role in ensuring the safe and efficient operation of electrical cables. These components are integral to providing mechanical support, electrical grounding, and protection from external elements, and their demand has been steadily increasing due to the ongoing industrial developments and technological innovations. In this article, we’ll explore key market insights, growth drivers, challenges, and future trends of the cable glands and cord grips market, focusing on the global landscape and offering a comprehensive analysis.
Cable glands are mechanical devices used to attach and secure the end of an electrical cable to a piece of equipment. They provide strain relief, seal the cable against moisture, and offer electrical grounding, ensuring safe and reliable operation. Cord grips, on the other hand, are similar devices used primarily for flexible cables, providing support and securing the cable in place to prevent strain or damage. Both components are vital for maintaining the integrity and longevity of electrical systems, preventing costly repairs or hazards due to cable damage.
According to recent market research, the cable glands and cord grips market is experiencing significant growth. The global market for these components is expected to grow at a compound annual growth rate (CAGR) of approximately 5.4% from 2023 to 2030. Factors driving this growth include the increasing demand for industrial automation, the expansion of the renewable energy sector, and the continuous development in the telecommunications and electronics industries.
The market is currently dominated by several key players, including major manufacturers such as ABB Ltd., Emerson Electric Co., and Eaton Corporation. These companies are continually innovating and expanding their product portfolios to meet the diverse needs of industries such as oil and gas, automotive, construction, and manufacturing.
The rise of automation across various industries, especially manufacturing, is one of the primary factors propelling the cable glands and cord grips market forward. Automation requires reliable electrical systems with secure and efficient cable management solutions. The development of smart factories, industrial robots, and automated machinery demands high-quality cable glands and cord grips to safeguard cables from potential damage, improve operational efficiency, and prevent electrical failures.
As global energy demand shifts towards renewable sources, industries involved in the production, storage, and transmission of renewable energy are expanding. Cable glands and cord grips are crucial in the renewable energy sector, particularly in wind and solar power installations, where electrical cables are subjected to challenging environmental conditions. The demand for robust, weatherproof, and environmentally resistant cable protection solutions is boosting market growth.
The construction industry, especially in emerging economies, is witnessing rapid growth, with the development of urban infrastructure, smart cities, and large-scale industrial facilities. Cable glands and cord grips are widely used in these sectors to ensure that electrical cables are safely managed and protected in both residential and commercial buildings. As construction projects become more sophisticated, the demand for high-performance cable protection solutions is on the rise.
Manufacturers are continually advancing the materials used in cable glands and cord grips. Innovations in materials such as corrosion-resistant alloys, high-performance plastics, and durable rubber compounds are driving product development. These advancements not only improve the performance of cable glands and cord grips but also make them more adaptable to a variety of industries and applications. Additionally, the integration of smart sensors in cable glands is an emerging trend that enhances monitoring and maintenance capabilities, enabling predictive maintenance in critical systems.
The cable glands and cord grips market can be segmented based on type, application, and region. Understanding these segments is vital for identifying growth opportunities and making informed business decisions.
Plastic Cable Glands: These are cost-effective, lightweight, and resistant to corrosion, making them suitable for a wide range of applications, including residential and commercial installations.
Metal Cable Glands: Metal cable glands, made from materials like brass, stainless steel, and aluminum, offer superior strength, durability, and resistance to extreme environments. These are typically used in industrial and hazardous environments.
Industrial Cord Grips: These provide robust support and strain relief for cables in high-demand industrial settings, such as manufacturing facilities and large-scale automation systems.
Oil and Gas Industry: Cable glands and cord grips are critical for ensuring safe electrical systems in hazardous environments such as offshore oil rigs and petrochemical plants.
Automotive Industry: In automotive manufacturing, these components are used to secure and protect cables in vehicles, ensuring safety and operational efficiency.
Telecommunications: The telecommunications sector relies on cable glands and cord grips to ensure the secure and efficient installation of cables in communication infrastructure.
Construction and Residential: Cable glands and cord grips are widely used in residential and commercial buildings, where reliable cable management and protection are essential for safety and compliance with regulations.
North America: North America holds a significant market share due to advanced infrastructure, high demand for industrial automation, and large-scale renewable energy projects. The U.S. is the largest consumer of cable glands and cord grips in this region.
Europe: Europe is another key market, driven by stringent regulations regarding safety standards and the increasing adoption of smart manufacturing and renewable energy systems.
Asia-Pacific: The Asia-Pacific region is expected to experience the fastest growth, fueled by rapid industrialization, increased construction activity, and the growth of the electronics and telecommunications sectors in countries like China, India, and Japan.
Middle East and Africa: This region is also witnessing significant demand, particularly in oil and gas industries, where safety and reliability are paramount.
The cable glands and cord grips market is highly competitive, with numerous players offering similar products. This results in price pressure, especially from manufacturers in low-cost countries. While price competitiveness drives growth in some regions, it can negatively impact profit margins and reduce the overall value of products.
The rising costs of raw materials, particularly metals used in the production of metal cable glands, can create challenges for manufacturers. These cost increases often get passed down to consumers, affecting the overall market dynamics and profitability.
As environmental regulations become more stringent, manufacturers must ensure that their products comply with local and international standards. For instance, products must meet specific certifications for fire resistance, corrosion resistance, and environmental impact, adding complexity to the manufacturing process and driving up costs.
Global supply chain disruptions, particularly due to geopolitical tensions or the COVID-19 pandemic, can impact the availability of raw materials and finished products. This uncertainty can affect lead times, delivery schedules, and overall market stability.
The global market is highly fragmented, with numerous companies offering cable glands and cord grips. Some of the major players include:
ABB Ltd. – A leading player in the industrial automation space, offering a wide range of cable glands and cord grips for various applications.
Emerson Electric Co. – Known for its high-performance products and global reach, Emerson is a major contributor to the cable glands market.
Eaton Corporation – Eaton is recognized for its innovative electrical components and has a strong presence in the cable glands and cord grips market.
Hubbell Inc. – Specializing in electrical and electronic products, Hubbell offers durable and high-quality cable glands and cord grips for industrial sectors.
Amphenol Corporation – Amphenol provides reliable cable management solutions for a range of industries, including automotive and telecommunications.
The future of the cable glands and cord grips market looks promising, with steady growth expected across key regions and industries. Market participants are focusing on innovation, improving the materials used in manufacturing, and expanding their product portfolios to cater to the specific needs of industries like renewable energy, smart manufacturing, and infrastructure development.
One area of opportunity lies in the increasing adoption of smart cable glands and cord grips, which integrate sensors for real-time monitoring of cable performance. This trend is particularly relevant for critical industries like oil and gas, where predictive maintenance and monitoring are crucial for safety and operational efficiency.
The cable glands and cord grips market is evolving, driven by technological advancements, industrial automation, and the ongoing push for renewable energy solutions. Despite the challenges of competition and raw material costs, the market holds significant potential for growth, particularly in emerging economies and industries that demand high-quality, reliable cable management solutions. As industries continue to evolve, so will the demand for innovative, durable, and cost-effective cable glands and cord grips.
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ABB
Altech Corporation
Amphenol
Axis Communications
BARTEC Group
Beisit Electric Tech
Bimed Teknik
Caledonian Cables
CCG Cable Terminations
CMP Products
Conta-Clip
Cortem
Eaton
El Sewedy Electric
Emerson
Hubbell
Hummel AG
Jacob GmbH
Lapp Group
Metal Craft Industries
Molex
Pflitsch
R.Stahl AG
Rittal
Sealcon
TE Connectivity
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cable Glands and Cord Grips Market
Electrical Power
Telecommunications
Industrial
Other
Based on Types the Market is categorized into Below types that held the largest Cable Glands and Cord Grips market share In 2023.
Metal Type
Plastic Type
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/cable-glands-and-cord-grips-market/
1. Introduction of the Global Cable Glands and Cord Grips Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cable Glands and Cord Grips Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cable Glands and Cord Grips Market, By Type
6. Global Cable Glands and Cord Grips Market, By Application
7. Global Cable Glands and Cord Grips Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cable Glands and Cord Grips Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
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US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/
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Vendor Managed Inventory (VMI) Market by Deployment, by Applications, by Type, by End-User & by Technology 2032
Vendor Managed Inventory (VMI) Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.7 Billion by 2030, growing at a CAGR of 11.5% from 2024 to 2030.
The global Vendor Managed Inventory (VMI) market was valued at approximately USD 2.8 billion in 2022, with expectations to reach around USD 4.5 billion by 2027. This growth represents a compound annual growth rate (CAGR) of about 10.2% during the forecast period. The expanding adoption of VMI solutions across various sectors, such as retail, manufacturing, and healthcare, is driving this market expansion. VMI systems offer significant benefits including improved inventory management, reduced stockouts, and enhanced supply chain efficiency, which are contributing to their increasing implementation by organizations worldwide.
Opportunities in the VMI market are burgeoning, particularly in emerging regions such as Asia-Pacific and Latin America. These areas are witnessing rapid industrialization and digital transformation, fueling the demand for sophisticated inventory management solutions. Additionally, advancements in technology, such as the integration of artificial intelligence and machine learning in VMI systems, are opening new avenues for market growth. Companies are investing in these technologies to gain competitive advantages and optimize their supply chains, further propelling the market forward.
Get an In-Depth Research Analysis of the Global Vendor Managed Inventory (VMI) Market Size And Forecast [2025-2032]
Optilon
RG Group
TrueCommerce
Softeon
CWI Logistics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Vendor Managed Inventory (VMI) Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Vendor Managed Inventory (VMI) Market
Retail and eCommerce
Logistics
Based on Types the Market is categorized into Below types that held the largest Vendor Managed Inventory (VMI) market share In 2023.
Cost Reduction
Timely Delivery
Inventory Accuracy
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Vendor Managed Inventory (VMI) Market Research Analysis
1. Introduction of the Global Vendor Managed Inventory (VMI) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vendor Managed Inventory (VMI) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vendor Managed Inventory (VMI) Market, By Type
6. Global Vendor Managed Inventory (VMI) Market, By Application
7. Global Vendor Managed Inventory (VMI) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Vendor Managed Inventory (VMI) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/
Vendor Managed Inventory (VMI) Market by Deployment, by Applications, by Type, by End-User & by Technology 2032
Vendor Managed Inventory (VMI) Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.7 Billion by 2030, growing at a CAGR of 11.5% from 2024 to 2030.
The global Vendor Managed Inventory (VMI) market was valued at approximately USD 2.8 billion in 2022, with expectations to reach around USD 4.5 billion by 2027. This growth represents a compound annual growth rate (CAGR) of about 10.2% during the forecast period. The expanding adoption of VMI solutions across various sectors, such as retail, manufacturing, and healthcare, is driving this market expansion. VMI systems offer significant benefits including improved inventory management, reduced stockouts, and enhanced supply chain efficiency, which are contributing to their increasing implementation by organizations worldwide.
Opportunities in the VMI market are burgeoning, particularly in emerging regions such as Asia-Pacific and Latin America. These areas are witnessing rapid industrialization and digital transformation, fueling the demand for sophisticated inventory management solutions. Additionally, advancements in technology, such as the integration of artificial intelligence and machine learning in VMI systems, are opening new avenues for market growth. Companies are investing in these technologies to gain competitive advantages and optimize their supply chains, further propelling the market forward.
Get an In-Depth Research Analysis of the Global Vendor Managed Inventory (VMI) Market Size And Forecast [2025-2032]
Optilon
RG Group
TrueCommerce
Softeon
CWI Logistics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Vendor Managed Inventory (VMI) Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Vendor Managed Inventory (VMI) Market
Retail and eCommerce
Logistics
Based on Types the Market is categorized into Below types that held the largest Vendor Managed Inventory (VMI) market share In 2023.
Cost Reduction
Timely Delivery
Inventory Accuracy
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Vendor Managed Inventory (VMI) Market Research Analysis
1. Introduction of the Global Vendor Managed Inventory (VMI) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vendor Managed Inventory (VMI) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vendor Managed Inventory (VMI) Market, By Type
6. Global Vendor Managed Inventory (VMI) Market, By Application
7. Global Vendor Managed Inventory (VMI) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Vendor Managed Inventory (VMI) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/