Cable Glands Market expected to reach $2,513 million by 2023

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Cable Glands Market

• Cable Glands Market by Type (Industrial,
  Hazardous (Increased Safety, Flameproof, EMC and
  Others)), by Cable Type (Armored, and Unarmored),
  by Material (Brass, Stainless Steel,
  Plastic/Nylon Others), by End Users (Oil Gas,
  Mining, Aerospace, Manufacturing Processing,
  Chemical, and Others) - Global Opportunity
  Analysis and Industry Forecast, 2017-2023

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Current and future Market Scenario
Cable Glands Market

• Cable Glands Market is estimated to reach 2,513
  million by 2023, states Allied Market Research.
• Cable Glands Market will grow at a prominent CAGR
  of 6.1 from 2017 to 2023. 
• The Cable Glands Market generated a revenue of
  1,667 million in 2016.
• Asia-Pacific dominated the global market with
  approximately one-third share.

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Factors Contributing to Market Growth
Cable Glands Market

• Factors such as upgradation and renewal of
  existing networks, owing to government
  regulations, surge in the construction industry
  among developing countries, rise in energy demand
  levels globally coupled with the rise in
  population, and also a surge in real estates will
  help in the growth of this market in the near
  future.

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Market Segments
Cable Glands Market
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Dominating Segments
Cable Glands Market

• In 2016, Asia-Pacific dominated the global market
  with approximately one-third share in terms of
  value.
• The plastic/nylon segment is estimated to
  register the highest growth rate in terms of
  revenue.
• Brass cable glands segment was the leading
  revenue contributor to the global market.

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Region Overview
Cable Glands Market

• Asia-Pacific is estimated to witness the highest
  growth rate during the forecast period.
• In 2016, China was the leading revenue
  contributor to the Asia-Pacific cable glands
  market.
• Asia-Pacific is expected to witness the highest
  growth rate from 2017 to 2023.

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Leading Players
Cable Glands Market

• The leading players of this market are Amphenol
  Industrial Products Group, Bartec Feam, CMP
  Products, Copper Crouse-Hinds, Cortem Group,
  Elsewedy Electric, Jacob Gmbh, Metal Craft
  Industries, Sealcon LLC, Warom Group, Wiska,
  Weidmller Interface GmbH Co. KG, Agro AG, and
  Hummel AG.

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A report titled Cable Glands Market -
Opportunities and Forecasts, 2017 2023 has
been recently published by Allied Market
Research. The report makes close observations of
pipeline structure for end-to-end Cable Glands
market around the world. It makes an in-depth
analysis of current trends, drivers, and
restraining factors that affect financial ratios
relevant to the industry. Company profiles for
key vendors in business builds a comprehensive
picture of profitable opportunities from
stakeholders perspective.

• To know more about the
  Cable Glands Market - Opportunities and
  Forecasts, 2017 2023 report
• https//www.alliedmarketresearch.com/cable-glands-
  market

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