World Cable Glands Market to Register 6.1% CAGR through 2021, Predicts AMR in Its Discounted Study Available at MarketPublishers.com15 Dec 2017 • by Natalie Aster
LONDON – Cable glands (a.k.a.) sealing glands or strain reliefs) assist in facilitation of barrier penetration whilst simultaneously providing sealing protection. Today, cable glands are used a broad range of electrical power, instrumentation, control, broadcast communication and information links.
The world’s cable glands market is enjoying steady growth due to enhancing need to upgrade and renew the existing networks, favourable government regulations, hike in the construction sector (especially in the developing countries), escalating energy demand worldwide along with rapidly increasing global population, and also uptake in real estates.
The revenue of the worldwide cable glands market exceeded USD 1.66 billion in 2016, and is forecast to increase at a 6.1% CAGR during 2017-2023 to cross the USD 2.51 billion market.
The armored sector of the world’s cable glands market is predicted to see the fastest growth over 2017-2021.
Discounted research study “Cable Glands Market by Type, by Cable Type, by Material, by End Users - Global Opportunity Analysis and Industry Forecast, 2017-2023” prepared by Allied Market Research (AMR) explores the current scenario in the world’s cable glands market, touches upon the historical market evolution, uncovers important market data and statistics and also outlines future growth prospects. Besides this research report presents access to a profound study of the market dynamics and trends at different geographical levels, identifies the most promising growth areas, comprises Porter’s Five Force analysis and reviews the key market growth drivers and hinders. In addition, the report highlights the competitive environment, covers the regulative framework, offers info on the top players and gives future forecasts up to 2021.
Note that until January 15, 2018 this in-demand research study is available at a special discounted price!
A complete collection of the publisher’s research reports is provided in the AMR online catalogue at MarketPublishers.com.