DUBLIN, Dec. 19, 2017 /PRNewswire/ --
The "Global Cable Glands Market 2017-2021" report has been added to Research and Markets' offering.
The global cable glands market to grow at a CAGR of 6.13% during the period 2017-2021.
Global Cable Glands market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Rising demand for hygienic cable glands. Hygienic cable glands are being increasingly used in applications in the food and dairy processing industry, pharmaceutical labs, cleanrooms for semiconductor manufacturing, and the chemical production and processing industry.
These cable glands are designed with a completely smooth external finish or texture, and a rounded surface so that the buildup of foreign contaminants such as bacteria or dust is prevented. They are usually made of 316/316L stainless steel. These cable glands have no sharp edges or exposed bolting threads, which are known to accumulate dirt easily. Also, due to the smooth surface finish, hygienic cable glands can be cleaned much more quickly using water or steam jets.
According to the report, one of the major drivers for this market is Rise in global construction activities. The increase in global construction activities is expected to be a major factor driving the demand for cable glands during the forecast period. Cable glands are used extensively in junction boxes, electrical panels, and with power connectors in buildings. Hence, the growth in new building constructions will directly affect the demand for cable glands.
Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. The volatility in raw material prices represents one of the biggest challenges for cable gland manufacturers, as it may lead to a significant profit margin erosion or lower sales for vendors. As most players sell undifferentiated products and compete in the market based on price, any significant change in raw material prices becomes a risk to cable gland manufacturers.
- Rising demand for hygienic cable glands
- Standardization of cable gland specifications across different markets
- Amphenol Industrial Products
- Caledonian Cables (Addison Cables)
- CMP Products
Other prominent vendors
- Axis Communications
- BEISIT ELECTRIC
- CCG Cable Terminations
- Elsewedy Electric
- Flucon Components
- HUGRO Armaturen
- Metal Craft Industries
- PHOENIX CONTACT
- Prysmian Group
- Rutab (ADDTECH)
- TE Connectivity
- Weidmller Interface
- YUEQING JIXIANG CONNECTOR
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Material
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/dn6rxx/global_cable?w=5
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SOURCE Research and Markets