Title: Plastic Cable Gland Market - Forecast(2021 - 2026)
1Plastic Cable Gland Market - Forecast(2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
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- The Plastic Cable Glands Market is forecast to
reach 176.18 million by 2025 and is estimated to
grow at a CAGR of 8.36 during the forecast
period 2019-2025. - The growth of the market is attributed to the
advantages offered by the plastic cable glands in
terms of higher corrosion resistance while being
extremely lighter than their metallic
substitutes. APAC region held a majority of the
share in the Plastic Cable Glands Market owing to
the investments towards the power infrastructure
up-gradation along with surging investments in
the infrastructural front.
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Key Takeaways
- The Plastic Cable Glands Market is moderately
consolidated with the top four players accounting
for over 30 of the total market. The major
players in the market include LeGrand, Phoenix
Contact, Lapp Group, ECD Controls, Eaton,
Klinkmann, Hummel, Rittal, Wiska, R-Stahl, and
others. - Industrial automation is expected to be one of
the most significant growth factors for the
plastic cable glands market owing to the
increasing usage of cables for the electrical
equipment used in automation.
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- By Distribution Channel- Segment Analysis
- Industrial Plastic Cable Glands are anticipated
to dominate this segment throughout the forecast
period owing to the large scale usage of the
cables in the non-hazardous environment. By the
cable type segment, armored plastic cable glands
are anticipated to grow the fastest and are
anticipated to remain as the biggest
sub-segment. Power and energy industry is one of
the significant end-users of the Plastic Cable
Glands, and it is anticipated to grow at a CAGR
of 7.75 in the forecast period. This can be
attributed to a large number of investments made
into the energy sector. Asia Pacific (APAC) is
the biggest market for the Plastic Cable Glands
Market and is anticipated to grow the fastest in
the forecast period.
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- Plastic Cable Gland Market
- Industry Outlook
- LeGrand
- Phoenix Contact
- Lapp Group
- ECD Controls
- Eaton
- Klinkmann
- Hummel
- Rittal
- Wiska
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2026) Learn More About the Report _at_
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cable-gl-market-research-report-analysis.html
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