VALIDATED EXECUTIVE ENGAGEMENTS
OUTREACH
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Interactions with Platform & by Email
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Responses Validated*
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DATE
JUL 2020
TABLES
114
PAGES
281
EDITION
17
PRICE
USD $5450
The U.S. Economy is Reinventing Itself to Weather Economic Storms.
Here's An Analytical Window into the Changing Opportunities.
Amid the COVID-19 crisis, the global market for Current-Carrying Wiring Devices estimated at US$39.7 Billion in the year 2020, is projected to reach a revised size of US$51.7 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Electric Switches, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$19.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wire Connectors segment is readjusted to a revised 4.4% CAGR for the next 7-year period.
The Current-Carrying Wiring Devices market in the U.S. is estimated at US$10.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
In the global Receptacles segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.3 Billion by the year 2027, while Latin America will expand at a 5.3% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
ABB; Anchor Electricals Pvt. Ltd.; Eaton Corporation PLC; Honeywell International, Inc.; Hubbell, Inc.; Legrand; Leviton Manufacturing Co., Inc.; Orel Corp.; OSRAM GmbH; Schneider Electric; Simon S.A.; SMK Corp.
» Product Segment (Electric Switches, Wire Connectors, Receptacles, Other Product Segments)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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05
| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Wiring Devices Market - A Precursor |
| Recent Market Activity |
| Current-carrying Wiring Devices - A Prelude |
| Developing Nations to Turbo Charge Market Growth |
| Electrical Switch Market Exhibiting Electrifying Performance |
| Improving Economy Buoys General Market Optimism |
| Assessing the Impact of Recent Past Economic Upheavals on Global Current-Carrying Wiring Devices Market |
| Competitive Landscape |
| Hubbell, Eaton, ABB, Schneider and Legrand: Active Participants in the Global Market |
| Leading Vendors Sense Brewing Competition from Asian Manufacturers |
| Global Competitor Market Shares |
| Current-Carrying Wiring Devices Competitor Market Share Scenario Worldwide (in %): 2018 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| ABB (Switzerland) |
| Anchor Electricals Pvt. Ltd. (India) |
| Eaton Corporation PLC (Ireland) |
| Honeywell International, Inc. (USA) |
| Hubbell, Inc. (USA) |
| Legrand (France) |
| Leviton Manufacturing Co., Inc. (USA) |
| Orel Corporation (Sri Lanka) |
| OSRAM GmbH (Germany) |
| Schneider Electric (France) |
| Simon S.A. (Spain) |
| SMK Corporation (Japan) |
| 3. MARKET TRENDS & DRIVERS |
| Consumer Demand for Safe and Innovative Circuitry Unfurl New Product Innovations |
| Electrical Switches Move Beyond Functionality |
| Anti-Microbial Switches - An Emerging Segment |
| High Energy Costs and Regulations Drive Demand for Receptacle control and Energy Efficiency Products |
| Focus on Energy Conservation Drives Demand for Dimmer Switches |
| Smart Homes Up the Demand for Smart Switches |
| Smart Wi-Fi Switches and Plugs for Smarter Home Lighting |
| Smart Lighting Controls Drive Innovations in Sensor Switches |
| Select Innovative Smart Light Switches and Smart Plugs |
| Tamper-Resistant Receptacles Gain Traction |
| USB Receptacles Sense Potential Opportunities |
| Weather-Resistant Receptacles Make Progress |
| Innovations in the Lamp Holders Segment |
| Manufacturers Embrace Internet Medium |
| Challenges |
| Prevalence of Unorganized Players |
| Counterfeit Products |
| Government Regulations |
| Rising Electricity Demands, New Construction & Renovation Represent Fundamental Growth Drivers |
| Rapid Pace of Urbanization & Improving Construction Investments Accelerate Revenue Growth |
| Rising Commercial Real Estate Investments Extend New Opportunities |
| Proliferation of Consumer Electronic Devices to Drive Demand |
| 4. GLOBAL MARKET PERSPECTIVE |
| Current-Carrying Wiring Devices Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
| Current-Carrying Wiring Devices Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017 |
| Current-Carrying Wiring Devices Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Electric Switches (Product Segment) World Market by Region/Country in US$ Million: 2018 to 2025 |
| Electric Switches (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 |
| Electric Switches (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Wire Connectors (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 |
| Wire Connectors (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017 |
| Wire Connectors (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
| Receptacles (Product Segment) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 |
| Receptacles (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017 |
| Receptacles (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| Other Product Segments (Product Segment) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025 |
| Other Product Segments (Product Segment) Market Historic Review by Region/Country in US$ Million: 2009 to 2017 |
| Other Product Segments (Product Segment) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| US Current-Carrying Wiring Devices Market Share (in %) by Company: 2018 & 2025 |
| United States Current-Carrying Wiring Devices Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025 |
| Current-Carrying Wiring Devices Market in the United States by Product Segment: A Historic Review in US$ Million for 2009-2017 |
| United States Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Canada |
| Canadian Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025 |
| Canadian Current-Carrying Wiring Devices Historic Market Review by Product Segment in US$ Million: 2009-2017 |
| Current-Carrying Wiring Devices Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Japan |
| Japanese Market for Current-Carrying Wiring Devices: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017 |
| Japanese Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| China |
| Chinese Current-Carrying Wiring Devices Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Historic Market Analysis in China in US$ Million by Product Segment: 2009-2017 |
| Chinese Current-Carrying Wiring Devices Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Europe |
| Market Facts & Figures |
| European Current-Carrying Wiring Devices Market: Competitor Market Share Scenario (in %) for 2018 & 2025 |
| European Current-Carrying Wiring Devices Market Demand Scenario in US$ Million by Region/Country: 2018-2025 |
| Current-Carrying Wiring Devices Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017 |
| European Current-Carrying Wiring Devices Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025 |
| Current-Carrying Wiring Devices Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2009-2017 |
| European Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| France |
| Current-Carrying Wiring Devices Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025 |
| French Current-Carrying Wiring Devices Historic Market Scenario in US$ Million by Product Segment: 2009-2017 |
| French Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Germany |
| Current-Carrying Wiring Devices Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| German Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| German Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Italy |
| Italian Current-Carrying Wiring Devices Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Historic Market Analysis in Italy in US$ Million by Product Segment: 2009-2017 |
| Italian Current-Carrying Wiring Devices Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Kingdom |
| United Kingdom Market for Current-Carrying Wiring Devices: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017 |
| United Kingdom Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Spain |
| Spanish Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025 |
| Spanish Current-Carrying Wiring Devices Historic Market Review by Product Segment in US$ Million: 2009-2017 |
| Current-Carrying Wiring Devices Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Russia |
| Russian Current-Carrying Wiring Devices Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025 |
| Current-Carrying Wiring Devices Market in Russia by Product Segment: A Historic Review in US$ Million for 2009-2017 |
| Russian Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Europe |
| Rest of Europe Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025 |
| Current-Carrying Wiring Devices Market in Rest of Europe in US$ Million by Product Segment: A Historic Review for the Period 2009-2017 |
| Rest of Europe Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Asia-Pacific |
| Asia-Pacific Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
| Current-Carrying Wiring Devices Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2009-2017 |
| Asia-Pacific Current-Carrying Wiring Devices Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
| Current-Carrying Wiring Devices Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025 |
| Asia-Pacific Current-Carrying Wiring Devices Historic Market Scenario in US$ Million by Product Segment: 2009-2017 |
| Asia-Pacific Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Australia |
| Current-Carrying Wiring Devices Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| Australian Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| Australian Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| India |
| Indian Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025 |
| Indian Current-Carrying Wiring Devices Historic Market Review by Product Segment in US$ Million: 2009-2017 |
| Current-Carrying Wiring Devices Market in India: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| South Korea |
| Current-Carrying Wiring Devices Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| South Korean Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| Current-Carrying Wiring Devices Market Share Distribution in South Korea by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Asia-Pacific |
| Rest of Asia-Pacific Market for Current-Carrying Wiring Devices: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017 |
| Rest of Asia-Pacific Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Latin America |
| Latin American Current-Carrying Wiring Devices Market Trends by Region/Country in US$ Million: 2018-2025 |
| Current-Carrying Wiring Devices Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2009-2017 |
| Latin American Current-Carrying Wiring Devices Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
| Latin American Current-Carrying Wiring Devices Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Historic Market Analysis in Latin America in US$ Million by Product Segment: 2009-2017 |
| Latin American Current-Carrying Wiring Devices Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Argentina |
| Argentinean Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025 |
| Current-Carrying Wiring Devices Market in Argentina in US$ Million by Product Segment: A Historic Review for the Period 2009-2017 |
| Argentinean Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Brazil |
| Current-Carrying Wiring Devices Market in Brazil by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025 |
| Brazilian Current-Carrying Wiring Devices Historic Market Scenario in US$ Million by Product Segment: 2009-2017 |
| Brazilian Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Mexico |
| Current-Carrying Wiring Devices Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| Mexican Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| Mexican Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Latin America |
| Rest of Latin America Current-Carrying Wiring Devices Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025 |
| Current-Carrying Wiring Devices Market in Rest of Latin America by Product Segment: A Historic Review in US$ Million for 2009-2017 |
| Rest of Latin America Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Middle East |
| The Middle East Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
| Current-Carrying Wiring Devices Market in the Middle East by Region/Country in US$ Million: 2009-2017 |
| The Middle East Current-Carrying Wiring Devices Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
| The Middle East Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025 |
| The Middle East Current-Carrying Wiring Devices Historic Market by Product Segment in US$ Million: 2009-2017 |
| Current-Carrying Wiring Devices Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
| Iran |
| Iranian Market for Current-Carrying Wiring Devices: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Market in Iran: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017 |
| Iranian Current-Carrying Wiring Devices Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
| Israel |
| Israeli Current-Carrying Wiring Devices Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025 |
| Current-Carrying Wiring Devices Market in Israel in US$ Million by Product Segment: A Historic Review for the Period 2009-2017 |
| Israeli Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Saudi Arabia |
| Saudi Arabian Current-Carrying Wiring Devices Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025 |
| Current-Carrying Wiring Devices Historic Market Analysis in Saudi Arabia in US$ Million by Product Segment: 2009-2017 |
| Saudi Arabian Current-Carrying Wiring Devices Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Arab Emirates |
| Current-Carrying Wiring Devices Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| United Arab Emirates Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| Current-Carrying Wiring Devices Market Share Distribution in United Arab Emirates by Product Segment: 2009 VS 2019 VS 2025 |
| Rest of Middle East |
| Current-Carrying Wiring Devices Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025 |
| Rest of Middle East Current-Carrying Wiring Devices Historic Market Analysis in US$ Million by Product Segment: 2009-2017 |
| Rest of Middle East Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| Africa |
| African Current-Carrying Wiring Devices Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025 |
| Current-Carrying Wiring Devices Market in Africa by Product Segment: A Historic Review in US$ Million for 2009-2017 |
| African Current-Carrying Wiring Devices Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 137 Click here to request a full table of contents and more details on this project. |
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