Cable Glands and Cord Grips Market size was valued at USD 1.21 Billion in 2024 and is projected to reach USD 1.89 Billion by 2033, exhibiting a CAGR of 5.4% from 2026 to 2033.
In 2022, the global cable glands and cord grips market was valued at approximately USD 1.75 billion and is projected to reach around USD 3.25 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period. Asia Pacific accounted for the largest market share, with a valuation of approximately USD 700 million, representing about 40% of the global market. The region is expected to grow at a CAGR of 7.9%, driven by rapid industrialization and infrastructure development in countries such as China and India. North America followed, with the U.S. market estimated at USD 522.3 million in 2022. Europe held a significant share, with the market in this region valued at approximately USD 350 million in 2023 and projected to grow at a CAGR of 6.8% to reach around USD 650 million by 2032. Latin America and the Middle East & Africa regions each contributed smaller portions, with shares of 5% each.The Asia Pacific region presents substantial opportunities for market expansion, particularly due to increasing investments in oil and gas exploration, mining, and construction activities. The growing emphasis on safety regulations and the adoption of automation and digitalization in industrial processes further drive the demand for reliable cable management solutions. In North America, the demand is fueled by well established industrial sectors and stringent safety regulations, with the market expected to grow at a CAGR of 6.5% to reach around USD 750 million by 2032. Europes market growth is influenced by the presence of stringent safety regulations and a focus on enhancing operational safety and reliability, with a projected CAGR of 5.4%. Emerging markets in Latin America and the Middle East & Africa offer potential growth avenues due to increasing industrialization and infrastructure development.
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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
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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. 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
Standard Cable Glands
Armored Cable Glands
Non-armored Cable Glands
Hazardous Area Cable Glands
Waterproof Cable Glands
Plastic Cable Glands
Metal Cable Glands
Brass Cable Glands
Stainless Steel Cable Glands
Composite Material Cable Glands
Industrial Applications
Commercial Applications
Marine Applications
Telecommunications Applications
Automotive Applications
Oil and Gas
Renewable Energy
Construction
Transportation
Electronics Manufacturing
Direct Cable Entry
Panel Mount Cable Glands
Wall Entry Cable Glands
Cable Tray Applications
US (United States, US 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 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
US
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
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