Market Overview:
The global double compression cable gland market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for double compression cable glands in oil & gas, mining, aerospace, and chemicals industries. In addition, the rising demand for high-quality and durable products is also propelling the growth of this market. Based on type, brass is expected to be the leading segment during the forecast period owing to its properties such as corrosion resistance and durability. Stainless steel is also anticipated to witness significant growth due its properties such as anti-corrosion and high strength.
Product Definition:
A Double Compression Cable Gland is a device used to secure and seal the end of an electrical cable. It is typically composed of two metal parts that clamp around the cable, with a rubber or plastic sealant in between to create a watertight closure. This type of gland is often used in industrial applications where cables are exposed to moisture or other environmental hazards.
Brass:
Brass is a copper-zinc alloy and is generally used in electrical applications. It has better conductivity than copper but worse than zinc. The proportion of zinc and copper can vary from 1:1 to 1:3, depending on the application requirements. It has high thermal stability which makes it suitable for use in high temperature environments, such as power cables that are laid underground or run into the wall heaters of houses during winters.
Stainless Steel:
Stainless steel is a type of alloy that consists of iron, nickel, and other metals. The proportion of these metals can vary but the end result will be a durable and flexible metal with excellent corrosion resistance.
Application Insights:
The oil & gas segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for high-pressure pipelines in offshore and onshore oil operations, particularly from countries such as Saudi Arabia, UAE, Russia and Mexico. Compression equipment is also used extensively during natural gas production activities owing to growing investments by companies such as Schlumberger Limited (NYSE:SLB), Halliburton (NYSE:HAL), Baker Hughes Inc. (private company) and others into shale gas projects across various regions of the world.
The mining application segment was valued at USD 836 million in 2016 owing to rising demand for copper, gold, silver & their alloys from countries including Australia China India Philippines U.S.
Regional Analysis:
Asia Pacific dominated the global double compression cable gland market in 2017. The region is expected to continue its dominance over the next eight years owing to increasing demand from industries such as oil & gas, mining, aerospace and others. China is one of the largest economies in this region and it has a large number of mines across its territory which need constant maintenance for proper functioning.
In terms of revenue, North America was second with Asia Pacific being dominant due to presence of major end-users along with growing infrastructure development activities that require usage of heavy machinery for carrying out various tasks including construction work etc.
Growth Factors:
- Increasing demand for double compression cable glands in the oil and gas industry for hazardous area applications
- Growing popularity of double compression cable glands in data centers and other critical infrastructure installations
- Rising demand from the automotive sector for high-quality, reliable connectors that can withstand extreme conditions
- Proliferation of smart cities and the need for advanced communication infrastructure to support them
- Increasing use of double compression cable glands in renewable energy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Compression Cable Gland Market Research Report
By Type
Brass, Stainless Steel, Aluminum, Others
By Application
Oil & Gas, Mining, Aerospace, Chemicals, Others
By Companies
Sigma Industries, Bartec, Akshar Brass Industries, Kaustubha Udyog, Sanshin Electric Corporation, Vrandavan Brass Industries, Kanhaiya Brass Industries, Icon Industries, Nayna Enterprise, Hirpara Metal Industries, Aakash Powertech, Abtech, Caledonian Cables, CMP Products, Copper Crouse-Hinds (Eaton)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Double Compression Cable Gland Market Report Segments:
The global Double Compression Cable Gland market is segmented on the basis of:
Types
Brass, Stainless Steel, Aluminum, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Mining, Aerospace, Chemicals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sigma Industries
- Bartec
- Akshar Brass Industries
- Kaustubha Udyog
- Sanshin Electric Corporation
- Vrandavan Brass Industries
- Kanhaiya Brass Industries
- Icon Industries
- Nayna Enterprise
- Hirpara Metal Industries
- Aakash Powertech
- Abtech
- Caledonian Cables
- CMP Products
- Copper Crouse-Hinds (Eaton)
Highlights of The Double Compression Cable Gland Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brass
- Stainless Steel
- Aluminum
- Others
- By Application:
- Oil & Gas
- Mining
- Aerospace
- Chemicals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Double Compression Cable Gland Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A double compression cable gland is a type of connector that attaches two cables together. It is most commonly used in telecommunications and computer networking applications, where it allows for the transfer of large amounts of data between two devices.
Some of the key players operating in the double compression cable gland market are Sigma Industries, Bartec, Akshar Brass Industries, Kaustubha Udyog, Sanshin Electric Corporation, Vrandavan Brass Industries, Kanhaiya Brass Industries, Icon Industries, Nayna Enterprise, Hirpara Metal Industries, Aakash Powertech, Abtech, Caledonian Cables, CMP Products, Copper Crouse-Hinds (Eaton).
The double compression cable gland market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Double Compression Cable Gland Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Double Compression Cable Gland Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Double Compression Cable Gland Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Double Compression Cable Gland Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Double Compression Cable Gland Market Size & Forecast, 2020-2028
4.5.1 Double Compression Cable Gland Market Size and Y-o-Y Growth
4.5.2 Double Compression Cable Gland Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Brass
5.2.2 Stainless Steel
5.2.3 Aluminum
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Mining
6.2.3 Aerospace
6.2.4 Chemicals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Double Compression Cable Gland Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Double Compression Cable Gland Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Brass
9.6.2 Stainless Steel
9.6.3 Aluminum
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Mining
9.10.3 Aerospace
9.10.4 Chemicals
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Brass
10.6.2 Stainless Steel
10.6.3 Aluminum
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Mining
10.10.3 Aerospace
10.10.4 Chemicals
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Brass
11.6.2 Stainless Steel
11.6.3 Aluminum
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Mining
11.10.3 Aerospace
11.10.4 Chemicals
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Brass
12.6.2 Stainless Steel
12.6.3 Aluminum
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Mining
12.10.3 Aerospace
12.10.4 Chemicals
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Brass
13.6.2 Stainless Steel
13.6.3 Aluminum
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Mining
13.10.3 Aerospace
13.10.4 Chemicals
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Double Compression Cable Gland Market: Competitive Dashboard
14.2 Global Double Compression Cable Gland Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sigma Industries
14.3.2 Bartec
14.3.3 Akshar Brass Industries
14.3.4 Kaustubha Udyog
14.3.5 Sanshin Electric Corporation
14.3.6 Vrandavan Brass Industries
14.3.7 Kanhaiya Brass Industries
14.3.8 Icon Industries
14.3.9 Nayna Enterprise
14.3.10 Hirpara Metal Industries
14.3.11 Aakash Powertech
14.3.12 Abtech
14.3.13 Caledonian Cables
14.3.14 CMP Products
14.3.15 Copper Crouse-Hinds (Eaton)
