Unarmoured Cable Glands Market was valued at USD 0.35 Billion in 2022 and is projected to reach USD 0.55 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The Unarmoured Cable Glands market has experienced substantial growth between 2018 and 2022, driven by increasing industrialization, infrastructure projects, and heightened demand for efficient electrical systems. Cable glands are essential components used for sealing and securing cables within electrical equipment, offering protection from dust, water, and mechanical stress. Over these years, the market has expanded significantly, primarily in regions like Asia-Pacific and North America, due to industrial development and the rise of renewable energy projects.
During this period, advancements in materials such as brass, stainless steel, and plastic, alongside innovations in design, led to more efficient cable glands that catered to specific industrial needs, from hazardous environments to simple residential applications. The adoption of automation in industries, particularly in manufacturing and oil & gas, further fueled the demand for robust and reliable cable gland solutions. However, challenges like fluctuating raw material prices and stringent environmental regulations posed hurdles in the supply chain, affecting overall market dynamics.
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Looking ahead from 2023 to 2033, the Unarmoured Cable Glands market outlook remains positive with steady growth projected over the next decade. Technological advancements and the increasing shift toward renewable energy sources are expected to continue driving the market. Furthermore, with the ongoing global push towards reducing carbon footprints, industries are increasingly opting for energy-efficient and sustainable electrical systems, which in turn bolsters demand for high-quality, eco-friendly cable glands.
The expected rise in infrastructure projects, particularly in emerging markets such as India and China, will create an increased need for efficient and durable electrical components. Additionally, the growing demand for electric vehicles and the expansion of charging infrastructure will further enhance the market for cable glands. As electric vehicles require specialized electrical systems, their growth will directly influence the demand for secure and high-performance cable glands.
With increased focus on safety, industries dealing with hazardous environments, such as mining, oil & gas, and chemicals, are expected to be the largest consumers of unarmoured cable glands. These industries require cable glands that offer high protection from physical damage and environmental stress, thereby driving product innovation and customization. The market will also benefit from increasing automation in industrial settings, where the reliability of electrical connections is crucial to operational efficiency and safety.
In conclusion, while the 2018 to 2022 period demonstrated significant growth for the Unarmoured Cable Glands market, the future is poised for even greater demand driven by technological advancements, infrastructural growth, and the global transition to renewable energy.
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CMP Products Limited
QuanGuan Electric
ABB
FLEXIMAT
Hawke International
Bimed
Ortac
Axis Electrical Components
Electrical Connections Ltd
WISKA Hoppmann GmbH
PEPPERS CABLE GLANDS LIMITED
BJBON
ZHEJIANG HONGXIANG CONNECTOR
Kunshan WoYiNuo Electric
Yueqing Jixiang Connector
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 Unarmoured Cable Glands Market
Oil and Gas
Mining
Aerospace
Chemical Industry
Other
Based on Types the Market is categorized into Below types that held the largest Unarmoured Cable Glands market share In 2023.
Brass
Stainless Steel
Aluminium
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)
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1. Introduction of the Global Unarmoured Cable Glands 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 Unarmoured Cable Glands Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Unarmoured Cable Glands Market, By Type
6. Global Unarmoured Cable Glands Market, By Application
7. Global Unarmoured Cable Glands Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Unarmoured Cable Glands Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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