Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Electric Plugs & Sockets Market Overview
The global electric plugs and sockets market is mainly driven by increasing construction and reconstruction activities in developed and developing countries. The important factors such as increasing influences of aesthetic interior designing concepts, rapid industrialization, and renovation of existing infrastructures are escalating the demand for electric plugs and sockets. As well as growth in commercialization such as the increasing number of malls, hypermarkets, supermarkets, and retailers further lift the demand for electric plugs and sockets. Finally, it boosts the market’s growth.
Furthermore, the expansion of smart cities demanding smart electric supply solutions is expected to boost the growth of the market. In addition, the rising demand for fire-proof, splash-proof, and dust-proof electric plugs and sockets is gaining momentum in the global market. Thus, it enhancing the growth of the global electric plugs & sockets market.
However, a reduction in the mining industry may hamper the growth of the market. Besides, increasing safety & security concerns, along with growing government investments in infrastructural developments are anticipated to provide lucrative opportunities for the global electric plugs & sockets market in the forthcoming years.
Electric Plugs & Sockets Market Segment Overview
The three-pin segment has remarkable growth in the market. This is due to the usage of a large number of electrical and electronic appliances across residential and commercial sectors. Moreover, electric plugs and sockets have high demand in industrial infrastructure developments. Hence, the industrial segment occupied the largest share of the market owing to the growing industrial network across the globe.
Electric Plugs & Sockets Regional Overview
North America is estimated to hold the major share of the market. This is due to the presence of developed infrastructure and incredible growth in the construction sector in this region. The market in the Asia Pacific is expected to show noteworthy growth owing to the greater demand for advanced and safe electric plugs and sockets as well as several government schemes and projects related to construction in this region.
For instance, the National Smart Cities Mission by the Government of India and Government Housing Schemes in India such as Pradhan Mantri Awas Yojana (PMAY), Pradhan Mantri Gramin Awas Yojana. This contributes more to the regional electric plugs & sockets market.
Electric Plugs & Sockets Competitor overview
· In February 2020, Schneider Electric, the global leader in digital transformation of energy automation and management, are all set to achieving the next level. with their license partner Tricolite Electrical Industries Ltd, for their new generation MV switchgears Premset. Under this partnership agreement, Tricolite will engineer, assemble, test, market and sell the product using the technological know-how and innovation of Schneider Electric.
Electric Plugs & Sockets Market, Key Players
· Philips
· Legrand SA
· Schneider Electric SE
· Emerson Electric Co.
· ABB Ltd.
· Wenzhou Chmag Electrical Co Ltd.
· Scame Group,
· Mennekes Elecktrotechnik Gmbh
· Eaton Corp.
· Amphenol Corporation.
· Eaton
· Emerson Electric
· Cavotec
· TE Connectivity
· Hubbell Incorporated
Electric Plugs & Sockets Market Segmentation
Electric Plugs & Sockets Market, By Type
· Two-Pin
· Three-Pin
· Four-Pin
· Five-pin
Electric Plugs & Sockets Market, By Power rate
· High Power
· Medium Power
· Low Power
Electric Plugs & Sockets Market, By End User
· Residential
· Commercial
· Industrial
Electric Plugs & Sockets market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Two-Pin
- 5.2.2. Three-Pin
- 5.2.3. Four-Pin
- 5.2.4. Five-pin
- 5.3. Market Analysis, Insights and Forecast – By Power rate
- 5.3.1. High Power
- 5.3.2. Medium Power
- 5.3.3. Low Power
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Residential
- 5.4.2. Commercial
- 5.4.3. Industrial
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Two-Pin
- 6.2.2. Three-Pin
- 6.2.3. Four-Pin
- 6.2.4. Five-pin
- 6.3. Market Analysis, Insights and Forecast – By Power rate
- 6.3.1. High Power
- 6.3.2. Medium Power
- 6.3.3. Low Power
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Residential
- 6.4.2. Commercial
- 6.4.3. Industrial
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Two-Pin
- 7.2.2. Three-Pin
- 7.2.3. Four-Pin
- 7.2.4. Five-pin
- 7.3. Market Analysis, Insights and Forecast – By Power rate
- 7.3.1. High Power
- 7.3.2. Medium Power
- 7.3.3. Low Power
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Residential
- 7.4.2. Commercial
- 7.4.3. Industrial
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Two-Pin
- 8.2.2. Three-Pin
- 8.2.3. Four-Pin
- 8.2.4. Five-pin
- 8.3. Market Analysis, Insights and Forecast – By Power rate
- 8.3.1. High Power
- 8.3.2. Medium Power
- 8.3.3. Low Power
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Residential
- 8.4.2. Commercial
- 8.4.3. Industrial
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Two-Pin
- 9.2.2. Three-Pin
- 9.2.3. Four-Pin
- 9.2.4. Five-pin
- 9.3. Market Analysis, Insights and Forecast – By Power rate
- 9.3.1. High Power
- 9.3.2. Medium Power
- 9.3.3. Low Power
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Residential
- 9.4.2. Commercial
- 9.4.3. Industrial
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Electric Plugs & Sockets Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Two-Pin
- 10.2.2. Three-Pin
- 10.2.3. Four-Pin
- 10.2.4. Five-pin
- 10.3. Market Analysis, Insights and Forecast – By Power rate
- 10.3.1. High Power
- 10.3.2. Medium Power
- 10.3.3. Low Power
- 10.4. Market Analysis, Insights and Forecast – By End User
- 10.4.1. Residential
- 10.4.2. Commercial
- 10.4.3. Industrial
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Philips
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Legrand SA
- 11.6. Schneider Electric SE
- 11.7. Emerson Electric Co.
- 11.8. ABB Ltd.
- 11.9. Wenzhou Chmag Electrical Co Ltd.
- 11.10. Scame Group,
- 11.11. Mennekes Elecktrotechnik Gmbh
- 11.12. Eaton Corp.
- 11.13. Amphenol Corporation.
- 11.14. Eaton
- 11.15. Emerson Electric
- 11.16. Cavotec
- 11.17. TE Connectivity
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
