Cable Glands Market Analysis By Type, Size, Share, Trend, Competition, Future Growth, Opportunities and Forecast 2024
Global cable glands market is expected to grow at a CAGR of 7% during the forecast period. Flourishing construction industry and rising real estate sector is driving the global cable glands market during the forecast period. Additionally, the expansion, upgradation and renewal of existing networks is further fuelling the growth in the market. The global cable glands market is segmented based on type, cable type, material, end user, region and company. Based on cable type, the market can be bifurcated into armored and unarmored. The armored cable type is expected to hold significant share during the forecast period owing to their use in cables without an inner covering or bedding. Based on material, the market can be segmented into brass, stainless steel, plastic/nylon, aluminium and others. The brass segment dominates the market on account of its use in petrochemical and oil & gas industries. Based on end user, the market can be categorized into oil & gas, mining, a...