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Global Industrial Plugs and Sockets Market 2017-2021

Global Industrial Plugs and Sockets Market 2017-2021

About Industrial Plugs and Sockets

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.

Technavio’s analysts forecast the global industrial plugs and sockets market to grow at a CAGR of 4.10% during the period 2017-2021.

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.

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?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Plugs and Sockets Market 2017-2021

Technavio recognizes the following companies as the key players in the global industrial plugs and sockets market: ABB, Amphenol, Hubbell, Legrand, MENNEKES, and TE Connectivity

Other Prominent Vendors in the market are: 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, and WALTHER-WERKE.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Consolidation in the electrical equipment manufacturing industry. There are a large number of vendors present in the electrical equipment manufacturing business globally, which includes the industrial plugs and sockets manufacturers. Most of these vendors have a prominent presence in countries with low-cost labor, such as China. The presence of such a large number of such industries, as well as the huge manufacturing overcapacity, poses a major challenge during times of economic downturn. Due to this factor, there has been considerable consolidation activities among electrical component manufacturers during the last five years, i.e., 2011-2016.”

According to the report, one of the major drivers for this market is Industrial growth in emerging economies. There has been a growing focus on domestic manufacturing and consumption in several emerging economies to meet the growing internal demand for manufactured goods and to reduce dependence on imports. This is encouraging several governments to develop and attract investments in local industries. The rise in industrial activities in the developing nations of Asia and Latin America is expected to be a major growth driver for the industrial plugs and sockets market during the next five years. The leading consumer of industrial plugs and sockets across the globe is the secondary or manufacturing industry. The rise in manufacturing activities has a direct impact on the demand for industrial plugs and sockets.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. One of the major challenges for a manufacturing-driven company is the cost of raw materials. The material cost for the production of plugs and sockets form a significant share of the total cost of manufacturing. Any notable change in the cost of raw materials may drive down the margins for the vendors of industrial plugs and sockets.

Companies Mentioned

ABB, Amphenol, Hubbell, Legrand, MENNEKES, and TE Connectivity,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, and WALTHER-WERKE.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global industrial plugs and sockets market overview 2017-2021
    • Market size and forecast
      • Table Global industrial plugs and sockets market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global industrial plugs and sockets market by product (2016 - 2021)
    • Global industrial sockets market
      • Table Global industrial sockets market 2016-2021 ($ millions)
    • Global industrial plugs market
      • Table Global industrial plugs market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global industrial plugs and sockets market by geography (2016 and 2021)
    • Industrial plugs and sockets market in APAC
      • Table Industrial plugs and sockets market in APAC 2016-2021 ($ millions)
    • Industrial plugs and sockets market in North America
      • Table Industrial plugs and sockets market in North America 2016-2021 ($ millions)
      • Table Cumulative vehicle sales growth in North America 2011-2016 (%)
    • Industrial plugs and sockets market in Europe
      • Table Industrial plugs and sockets market in Europe 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global historical and projected electricity generation 1990-2040 (trillions of kWh)
    • Market challenges
      • Table Cumulative growth in raw material prices June 2016-March 2017 (%)
      • Table Global oil and gas rig count 2011-2016 (% decline)
  • Market trends
    • Consolidation in the electrical equipment manufacturing industry
    • Adoption of technology in emerging markets
    • Growing investments in renewable energy
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors of industrial plugs and sockets
  • Key vendor analysis
    • ABB
      • Table ABB: Business divisions
      • Table ABB: Segments and categories of products
      • Table ABB: Key highlights
    • Amphenol
      • Table Amphenol: Segments and categories of products
      • Table Amphenol: Key highlights
    • Hubbell
      • Table Hubbell: Major product divisions
      • Table Hubbell: Segments and categories of products
      • Table Hubbell: Key highlights
    • Legrand
      • Table Legrand: Segments and categories of products
      • Table Legrand: Key highlights
    • MENNEKES
      • Table MENNEKES: Segments and categories of products
    • TE Connectivity
      • Table TE Connectivity: Segments and categories of products
      • Table TE Connectivity: Key highlights
  • Appendix
    • List of abbreviations
  • Explore Technavio

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