Industrial Plugs and Sockets are used for power connection in industrial applications. Industrial plugs and sockets are used for power connection in industrial applications or other situations rated at higher voltages and currents than household plugs and sockets. They are generally used in polyphase systems, with high currents, or when protection from environmental hazards is required. Industrial outlets may have weatherproof covers, waterproofing sleeves, or may be interlocked with a switch to prevent accidental disconnection of an energized plug.
The global market of industrial plugs and sockets is mature so the main market is replacement and some demand from industry.
The global industrial plugs and sockets market is mainly occupied by the existing enterprises. ABB, Schneider Electric, Legrand , Hubbell and Marechal Electric is the top 5 manufacturers which occupied about 35% revenue market share in 2016.
The consumption region of global industrial plugs and sockets market mainly concentrates in the North America, Europe and Asia-Pacific. Europe is the largest consumption region in the world. The global consumption volume was 63809 K pcs in 2016. It is estimated to reach 85715 K pcs by 2022.
The application of industrial plugs and sockets is agriculture, industry, construction, sports & entertainment and other applications. Industry uses are the dominated application, which accounts for about 50% of revenue. Construction application is second large consumption filed of industrial plugs and sockets.
Although the market competition of industrial plugs and sockets is fierce in the world, there are many enterprises can obtain considerable profit from the manufacturing and marketing of industrial plugs and sockets and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
According to this study, over the next five years the Industrial Plugs and Sockets market will register a 3.6% CAGR in terms of revenue, the global market size will reach USD 2210 million by 2024, from USD 1790 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Plugs and Sockets business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Plugs and Sockets market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Plugs and Sockets value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Plugs
Socket
Mechanical Interlock
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Agriculture
Industry
Construction
Sports & Entertainment
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
ABB
Schneider Electric
Legrand
Hubbell
Marechal Electric
Mennekes
Amphenol
Eaton
Emerson Electric
Bals
Leviton
Palazzoli
Cavotec
Lewden
IDE ELECTRIC
Kedu
Scame
Chfrsia
C&S Electric
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Plugs and Sockets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Plugs and Sockets market by identifying its various subsegments.
Focuses on the key global Industrial Plugs and Sockets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Plugs and Sockets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Plugs and Sockets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
