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Global Home Electrical Consumables Market 2017-2021

Global Home Electrical Consumables Market 2017-2021

About Home Electrical Consumables

Electrical components that come in handy at homes, in industries, at workplaces, shopping malls, and retail outlets are known as electrical consumables. Home electrical consumables are key to all lighting-related activities in buildings. From running gadgets to lighting up spaces, home electrical consumables are at the heart of it all. Several components are available in this regard. There are several brands in this market space that are continuously coming up with innovative products that promise to deliver the best.Technavio’s analysts forecast the global home electrical consumables market to grow at a CAGR of 6.74% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global home electrical consumables market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Home Electrical Consumables 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.

Key vendors
  • ABB
  • Eaton
  • Legrand
  • Schneider Electric
Other prominent vendors
  • Emerson
  • Havells India
  • Hengtong Electric
  • Koninklijke Philips
  • MENNEKES
  • Palazzoli Group
  • SCAME PARRE
Market driver
  • Rising need for energy conservation
  • For a full, detailed list, view our report
Market challenge
  • High rivalry and unorganized sector
  • For a full, detailed list, view our report
Market trend
  • Home energy management systems (HEMS)
  • 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Releases

Technavio Announces the Publication of its Research Report – Global Home Electrical Consumables Market 2017-2021

Technavio recognizes the following companies as the key players in the global home electrical consumables market: ABB, Eaton, Legrand, and Schneider Electric.

Other Prominent Vendors in the market are: Emerson, Havells India, Hengtong Electric, Koninklijke Philips, MENNEKES, Palazzoli Group, and SCAME PARRE.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is home energy management systems (HEMS). HEMS are a system of devices installed in residential buildings for the provision of feedback on the electricity consumption patterns and power consumption data for individual appliances. These systems also perform pre-programmed functions such as maintaining the temperature of houses.”

According to the report, one driver in the market is rising need for energy conservation. There is a continuous surge in electricity generation worldwide owing to growing population and urbanization. Due to this reason, utilities are running plants at full capacity to generate more power from the existing infrastructure. With the increase in power production, there is also a simultaneous gradual increase in power prices due to investments made by power companies in T&D equipment, the addition of newer power resources, increase in commodity prices, and geopolitical factors.

Further, the report states that one challenge in the market is high rivalry and unorganized sector. The global home electrical consumables market gives an opportunity to both the large international vendors as well as many regional vendors to operate in the market. Major vendors such as Honeywell have over the time created a brand recognition for their products across the globe. However, such major vendors still face fierce competition from regional vendors, especially from China and India, which are the two largest markets for home electrical consumables.

Companies Mentioned

ABB, Eaton, Legrand, Schneider Electric, Emerson, Havells India, Hengtong Electric, Koninklijke Philips, MENNEKES, Palazzoli Group, and SCAME PARRE.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Current market scenario and future projections 2016-2021
      • Table Current market scenario and future projections 2016-2021
  • Market landscape
    • Market size and forecast
      • Table Global home electrical consumables market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Market share of each product type in 2016 and 2021 (%)
    • Global home electrical consumables market by plugs and sockets
      • Table Home electrical consumables market by plugs and sockets 2016-2021 ($ billions)
      • Table Different types of plugs and their description
    • Global home electrical consumables market by extension cords
      • Table Home electrical consumables market by extension cords 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Market share of each region in 2016 and 2021 (%)
    • Home electrical consumables market in APAC
      • Table Home electrical consumables market in APAC 2016-2021 ($ billions)
      • Table Bank Indonesia rate, inflation, and GDP growth 2008-2015
    • Home electrical consumables market in EMEA
      • Table Home electrical consumables market in EMEA 2016-2021 ($ billions)
      • Table Building permits issued index in EU 2007-2015 (permits)
    • Home electrical consumables market in the Americas
      • Table Home electrical consumables market in the Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Average electricity prices in EU and the US 2012-2015 ($/kWh)
      • Table GDP per capita for selected countries 2005-2015 ($ millions)
      • Table Global electrification rates
    • Market challenges
      • Table Regulations related to high and low voltage cables
  • Market trends
    • Growing demand for smart homes and the development of smart cities
      • Table Global smart home market 2016-2021 ($ billions)
      • Table Smart home penetration regional share 2016-2021 (%)
    • Home energy management systems (HEMS)
      • Table Functions of HEMS
    • Technological innovations
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB product portfolio
    • Eaton
      • Table Eaton product portfolio
    • Legrand
      • Table Legrand product portfolio
    • Schneider Electric
      • Table Schneider Electric product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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