Technology

Explosion-Proof Cable Glands Market to Maintain Healthy CAGR in Coming Years, 2024

The global explosion-proof cable glands market was valued at $174.9 million in 2017, and is projected to reach $269.4 million by 2024, registering a CAGR of 6.4% from 2018 to 2024. The explosion-proof cable glands market offers features such as high load bearing capacity and robust design. The market is expected to witness significant growth in future, owing to increase in number of refineries & stringent government regulations regarding safety. Asia-Pacific was the highest revenue contributor to the market in 2017, accounting for around 33.0% share, due to increase in number of refineries.

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The market is segmented into type, cable type, material, end user, and region. Based on type, it is categorized into increased safety, flameproof, EMC, and others. Based on cable type, it is bifurcated as armored and unarmored. The material segment is divided into brass, stainless steel, plastic/nylon, and others. The industry verticals for the market are divided into oil & gas, mining, chemical, manufacturing & processing, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the global explosion-proof cable glands market are CMP Products Limited, Bartec Feam, Elsewedy Electric, Weidmüller Interface GmbH & Co., Jacob GmbH, Hummel AG, Eaton corporation plc. (Cooper Crouse-Hinds, LLC), Emerson Electric Co. (Appleton Grp LLC), Amphenol Industrial Products Group, and Cortem Group.

KEY BENEFITS FOR STAKEHOLDERS

  • The report includes an in-depth analysis of different segments and provides market estimations between 2018 and 2024.
  • Porter’s Five Forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • The key market players are profiled to understand the strategies adopted by them.
  • This report provides a detailed analysis of the current trends and future estimations from 2018 to 2024, which helps identify the prevailing market opportunities.

KEY MARKET SEGMENTS

By Type

  • Increased Safety
  • Flameproof
  • EMC
  • Others

By Cable type

  • Armored
  • Unarmored

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Chapters contain in this report as follows:
Chapter 1 provides an overview of Explosion-Proof Cable Glands market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of Explosion-Proof Cable Glands market by type, application, and region are also presented in this chapter.

Chapter 2 is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.

Chapter 3 provides a full-scale analysis of major players in Explosion-Proof Cable Glands industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.

Chapter 4 gives a worldwide view of Explosion-Proof Cable Glands market. It includes production, market share revenue, price, and the growth rate by type.

Chapter 5 focuses on the application of Explosion-Proof Cable Glands, by analyzing the consumption and its growth rate of each application.

Chapter 6 is about production, consumption, export, and import of Explosion-Proof Cable Glands in each region.

Chapter 7 pays attention to the production, revenue, price and gross margin of Explosion-Proof Cable Glands in markets of different regions. The analysis on production, revenue, price and gross margin of the global market is covered in this part.

Chapter 8 concentrates on manufacturing analysis, including key raw material analysis, cost structure analysis and process analysis, making up a comprehensive analysis of manufacturing cost.

Chapter 9 introduces the industrial chain of Explosion-Proof Cable Glands. Industrial chain analysis, raw material sources and downstream buyers are analyzed in this chapter.

Chapter 10 provides clear insights into market dynamics.

Chapter 11 prospects the whole Explosion-Proof Cable Glands market, including the global production and revenue forecast, regional forecast. It also foresees the Explosion-Proof Cable Glands market by type and application.

Chapter 12 concludes the research findings and refines all the highlights of the study.

Chapter 13 introduces the research methodology and sources of research data for your understanding.

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Jena Davydova

Chief editor of review team at The Innovative Reports and Market Research Analyst, Jena is an expert in the area of B2B and SaaS related products. She has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.

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