Industrial Plugs and Sockets Global Market Report 2021: COVID-19 Impact And Recovery from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global industrial plugs and sockets market.
This report focuses on industrial plugs and sockets market which is experiencing strong growth. The report gives a guide to the industrial plugs and sockets market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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Description:
Where is the largest and fastest growing market for the industrial plugs and sockets- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The Industrial Plugs and Sockets market global report from Publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider industrial plugs and sockets market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The industrial plugs and sockets market section of the report gives context. It compares the industrial plugs and sockets market with other segments of the industrial plugs and sockets market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, industrial plugs and sockets indicators comparison.
Scope
Markets Covered: 1) By Type: Plug; Socket
2) By Protection: Waterproof; Dustproof and Splash-Proof; Explosion-Proof; Others
3) By End User: Power Generation; Oil and Gas; Heavy Industry; Chemical and Pharmaceutical; Others
Companies Mentioned: ABB Ltd; Amphenol Corporation; Legrand SA; Marechal Electric Group; Mennekes
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the industrial plugs and sockets market are ABB Ltd, Amphenol Corporation, Legrand SA, Marechal Electric Group, Mennekes, Schneider Electric SA, Emerson Electric Co., Eaton Corporation PLC, Power and Control, and Labhya Tech.
The global industrial plugs and sockets market is expected to grow from $2.50 billion in 2020 to $2.62 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.2 billion in 2025 at a CAGR of 5.1%.
The industrial plugs and sockets market consists of sales of industrial plugs and sockets by entities (organizations, sole traders and partnerships) that manufacture industrial plugs and sockets. Plug and socket outlet is a mechanism for regular coupling between a flexible cable and an electrical circuit, it comprises a socket outlet and a plug. The socket-outlet is built to be linked to the electrical circuit. The plug is a component that is attached or intended to be connected to the end of a flexible cable that is connected to a device or connector.
The industrial plugs and sockets market covered in the report is segmented by type into plug, socket; by protection into waterproof, dustproof and splash-proof, explosion-proof, others; by end-user into power generation, oil and gas, heavy industry, chemical and pharmaceutical, others.
The Asia Pacific was the largest region in the industrial plugs and sockets market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The impact of COVID-19 is expected to hamper the growth of the industrial plugs and sockets market in the coming years. Industry manufacturers experienced a downturn in shipment and production, as governments have shut down factories to control the spread of coronavirus. For instance, in 2020, Schneider Electric, a French-based electrical/electronic manufacturing firm, saw its first-quarter sales decline due to COVID-19 lockdowns, with first-quarter revenues of ?5.83 billion (US$6.3 billion) declining 7.6% year-on-year. Therefore, the impact of COVID-19 hindered the growth of the industrial plugs and sockets market.
In January 2020, Siemens, a Germany-based automation company, acquired C&S Electric Limited for $324.83 million (EUR 267 million). The acquisition will enhance Siemen's position in the business, enabling it to better serve customers requiring electrification in areas including construction, industry, data centers, smart campuses, and other city infrastructure. C&S Electric Limited is a New Delhi-based manufacturer of electrical and electronic equipment.
The increasing demand for smart grid networks is expected to propel the growth of the industrial plugs and sockets market in the coming years. The smart grid is new electricity production, distribution and transmission infrastructure capable of automating and handling the rising complexity and demands of electricity in the 21st century. With an increasing tendency towards green energy, the substitution of the grid with the smart grid has gained prominence and is expected to increase the market for industrial plugs and sockets. A smart grid can help minimize greenhouse gas emissions by up to 211 million metric tons and is far more stable than a conventional grid, the demand for smart grid technology reached $400 billion in 2020. The number of smart grid innovation firms worldwide is expected to be about 150, of which 77.4% are located in the United States. Therefore, the increasing demand for smart grid networks drives the growth of the industrial plugs and sockets market during the forecast period.
The growing technological advancements is a major trend gaining popularity in the industrial plugs and sockets market. Major companies operating in the industrial plugs and sockets sector are focusing on developing technologically advanced solutions for industrial plugs and sockets. For instance, in April 2019, Marechal Electric SA, a France-based electrical and electronic manufacturing company, introduced its first 40 A switch disconnector, EVO and its first separable switch disconnector, which allows users to attach and detach devices securely. Switch, connector and disconnector integrate three tools into one for easy usage and less space and it can be utilized in all industries.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Table of Contents
1. Executive Summary
2. Industrial Plugs and Sockets Market Characteristics
3. Industrial Plugs and Sockets Market Trends And Strategies
4. Impact Of COVID-19 On Industrial Plugs and Sockets
5. Industrial Plugs and Sockets Market Size And Growth
5.1. Global Industrial Plugs and Sockets Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Industrial Plugs and Sockets Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Industrial Plugs and Sockets Market Segmentation
6.1. Global Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Plug
Socket
6.2. Global Industrial Plugs and Sockets Market, Segmentation By Protection, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Waterproof
Dustproof and Splash-Proof
Explosion-Proof
Others
6.3. Global Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Power Generation
Oil and Gas
Heavy Industry
Chemical and Pharmaceutical
Others
7. Industrial Plugs and Sockets Market Regional And Country Analysis
7.1. Global Industrial Plugs and Sockets Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Industrial Plugs and Sockets Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Industrial Plugs and Sockets Market
8.1. Asia-Pacific Industrial Plugs and Sockets Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Industrial Plugs and Sockets Market
9.1. China Industrial Plugs and Sockets Market Overview
9.2. China Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Industrial Plugs and Sockets Market
10.1. India Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Industrial Plugs and Sockets Market
11.1. Japan Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Industrial Plugs and Sockets Market
12.1. Australia Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Industrial Plugs and Sockets Market
13.1. Indonesia Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Industrial Plugs and Sockets Market
14.1. South Korea Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Industrial Plugs and Sockets Market
15.1. Western Europe Industrial Plugs and Sockets Market Overview
15.2. Western Europe Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Industrial Plugs and Sockets Market
16.1. UK Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Industrial Plugs and Sockets Market
17.1. Germany Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Industrial Plugs and Sockets Market
18.4. France Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Industrial Plugs and Sockets Market
19.1. Eastern Europe Industrial Plugs and Sockets Market Overview
19.2. Eastern Europe Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Industrial Plugs and Sockets Market
20.1. Russia Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Industrial Plugs and Sockets Market
21.1. North America Industrial Plugs and Sockets Market Overview
21.2. North America Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Industrial Plugs and Sockets Market
22.1. USA Industrial Plugs and Sockets Market Overview
22.2. USA Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Industrial Plugs and Sockets Market
23.1. South America Industrial Plugs and Sockets Market Overview
23.2. South America Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Industrial Plugs and Sockets Market
24.1. Brazil Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Industrial Plugs and Sockets Market
25.1. Middle East Industrial Plugs and Sockets Market Overview
25.2. Middle East Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Industrial Plugs and Sockets Market
26.1. Africa Industrial Plugs and Sockets Market Overview
26.2. Africa Industrial Plugs and Sockets Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Industrial Plugs and Sockets Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Industrial Plugs and Sockets Market Competitive Landscape And Company Profiles
27.1. Industrial Plugs and Sockets Market Competitive Landscape
27.2. Industrial Plugs and Sockets Market Company Profiles
27.2.1. ABB Ltd
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Amphenol Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Legrand SA
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Marechal Electric Group
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Mennekes
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Industrial Plugs and Sockets Market
29. Industrial Plugs and Sockets Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. The Business Research Company
30.5. Copyright And Disclaimer
ABB Ltd
Amphenol Corporation
Legrand SA
Marechal Electric Group
Mennekes
Schneider Electric SA
Emerson Electric Co.
Eaton Corporation PLC
Power and Control
Labhya Tech
Electech International Trades
Bals Deutschland
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