Global cable gland market is anticipated to grow at a CAGR of 7.8 %, during the forecast period (2024-2031). The market growth is driven by increasing demand for electronic device miniaturization, rising demand for cable management systems, a growing construction industry, an expanding automotive sector, and accelerating demand in the telecommunication sector. Additionally, the development of smart grid research in the oil & gas sector is also presenting growth opportunities. The global cable gland market is segmented by material (into brass, stainless steel, and plastic/nylon), by cable type (into armored and unarmored), by type (into industrial and hazardous), and by end-user (into oil and gas, mining, aerospace and defense, manufacturing and processing, and chemical).

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Market Dynamics

• The oil and gas segment is expected to hold the largest market share during the forecast period, owing to the increasing focus on materials-specific cable glands. Additionally, the rising concern about environmental protection against oil spills and subsequent pollution.
• Brass holds a significant market share of the cable gland market. This is attributed to the increasing use of nickel-plated brass in the petrochemical and oil & gas industries, for superior protection against contamination and corrosion in harsh environments.
• Asia-Pacific region is anticipated to grow as the highest CAGR during the forecast period. This is attributed to the rise in demand in emerging economies such as India, for the manufacture of industrial equipment used in mines, refineries, and chemical industries.

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The major players in the cable gland market include Amphenol Corp., BARTEC Top Holding GmbH, CMP Products Ltd., and Eaton Corp. plc, among others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more. For instance,

• In February 2021, CMP Products, a cable gland manufacturer, achieved accreditation from the South African National Standard (SANS) 60079 for its hazardous area cable glands and accessories. The team issued IA certificates for 14 product ranges including A2F, Triton TruSeal, and more.

·        In August 2020, Jacob GmbH launched brass and stainless steel cable glands. The products feature integrated cable anchorage, twisting protection, and a wide sealing and clamping range. They are suitable for cables from 3 mm to 48 mm and offer a dynamic temperature range of  -20°C to +100°C, static short-term temperature range of  -40°C to +100°C, and protection grade IP68 - 5 bar / IP69. The products are suitable for electrical and electronic enclosures, electro motors, automation and robotics, and wind and solar energy.

• In May 2020, Cortem Group replaced the old series of cable glands (FB, FGAB), with the novel NAVB or non-armoured cables, NEVB for armored cables series barrier cable glands. The series features ‘Ex db’, ‘Ex eb’, ‘Ex tb’ and ‘Ex nR’ methods of protection, silicone sealing ring, wide service temperature range of -60°C+130°C, IP66/67 protection ratingLaser marking, electromagnetic compatibility, and Ergonomic design. The products are available in nickel-plated brass, stainless steel, and galvanized steel, and are suitable for different types of cables including lead-sheathed, flat, instrumentation, and fiber optic cables.

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