MarketResearchReports.Biz adds “Global Industrial Plugs and Sockets Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Industrial Plugs and Sockets market and the growth estimates for the forecasted period.
Connections between high power supply sources and electrical devices can be made in two ways: either hardwiring the connection between the source and the device or using standardized plugs and sockets. Since connecting and removing the electricity supply between hardwired devices, which need to be moved/disconnected regularly, is a cumbersome process, industrial plugs and sockets are used in such applications. Industrial plugs and sockets provide a safe and convenient method of connection between two electrical circuits.
Industrial plugs and sockets are utilized in low voltage and current industrial applications (lower than the utility requirement) to provide electrical connections in manufacturing facilities, such as the automobile industry, shipbuilding yards, and aircraft manufacturing. These are usually designed to withstand rugged use and the harsh conditions that are encountered in these workplaces.
Technavios analysts forecast the global industrial plugs and sockets market to grow at a CAGR of 4.10% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial plugs and sockets market for 2017-2021. To calculate the market size, the report considers the demand from end-users
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Industrial Plugs and Sockets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ABB
Amphenol
Hubbell
Legrand
ENNEKES
TE Connectivity
Other prominent vendors
Andeli Group
Bals Deutschland
Cavotec
Eaton
Emerson Electric
Gewiss
HIROSE ELECTRIC
HENGTONG ELECTRIC
I.L.M.E.
ITT
Leviton Manufacturing
LEWDEN METAL PRODUCTS
Marechalgroup
Molex
Palazzoli
Schneider Electric
Scame Parre
WALTHER-WERKE
Market driver
Industrial growth in emerging economies
For a full, detailed list, view our report
Market challenge
Volatility in raw material prices
For a full, detailed list, view our report
Market trend
Consolidation in the electrical equipment manufacturing industry
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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