Metal Cord Grips Market Size - By Material (Brass, Stainless Steel, Aluminum, and Others), By Size, By Shape, By Cord Holding, By End Use, By Distribution Channel and Forecast, 2024 – 2032.

Metal Cord Grips Market Size - By Material (Brass, Stainless Steel, Aluminum, and Others), By Size, By Shape, By Cord Holding, By End Use, By Distribution Channel and Forecast, 2024 – 2032.

Global Metal Cord Grips Market share will garner a 5.2% CAGR from 2024 to 2032, fueled by the expanding applications of electrical and mechanical systems coupled with an increasing demand for durability. As industries adopt more complex electrical and mechanical setups, the need for reliable cable management solutions that can withstand harsh environments becomes crucial. Metal cord grips offer superior strength, resistance to wear, and durability, making them ideal for securing cables in various applications. This growing demand for robust and long-lasting solutions in diverse industries will propel market growth.

The overall metal cord grips industry is divided based on material, size, shape, cord holding, end use, distribution channel, and region.

The brass segment will experience a marked upturn through 2032 due to brass's superior strength, durability, and corrosion resistance. Brass cord grips are ideal for various industrial applications where high performance and longevity are crucial, such as in electrical and mechanical systems. Its excellent machinability and resistance to wear and tear make brass a preferred material for cord grips. As industries demand robust and reliable cable management solutions, the preference for brass in metal cord grips will drive its modest market share.

The energy and power segment will observe a noteworthy surge between 2024 and 2032, driven by the industry's extensive use of electrical cables and wires, which require reliable and durable cord grip solutions. These grips provide essential support and protection for cables in various applications, including power generation, transmission, and distribution. With the increasing focus on infrastructure development and the need for secure cable management in energy projects, the demand for metal cord grips in this segment will remain strong, thereby driving market growth.

North America metal cord grips market will achieve an ample share from 2024 to 2032, attributed to its robust industrial infrastructure and high demand for reliable cable management solutions. The region’s advanced manufacturing capabilities, in line with significant investments in electrical and mechanical systems, drive the need for durable and efficient cord grips. As industries in North America continue to expand and modernize, the demand for high-quality metal cord grips will grow, positioning the region as a vital contributor to the metal cord grips industry growth.