Market Share of Cable Glands Industry
The competitive landscape of cable glands market is fragmented due to the presence of many vendors across the globe. The vendors have well-diversified businesses and several major vendors operate in the United States and European countries, whereas, the small vendors are scattered across the globe. With the increasing competition, companies are involved in introducing new products to leverage the increasing demand for the cable glands market. Companies are also involved in strategic mergers and acquisitions, to gain a competitive edge.
- February 2021 - CMP Products Ltd has achieved approval to South African National Standard (SANS) 60079 for its range of hazardous area cable glands and accessories. The accreditation will boost company's growth across South Africa and the wider African continent, providing choice and access to products directly from Johannesburg.
Cable Glands Market Leaders
Amphenol Corporation
Bartec Group
ABB Ltd
CMP Products Limited
Eaton Group (Cooper Crouse-Hinds Electric Company)
*Disclaimer: Major Players sorted in no particular order
