Global Industrial Plugs and Sockets market will reach 2370 million US$ by the end of 2025

Global Industrial Plugs and Sockets market will reach 2370 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

www.qyresearch.com

Beijing Hengzhou Bozhi International Information Consulting Web: www.qyresearch.com TEL:+86-13660489419, Office:+86-2022093278 Media: press@qyresearch.com Marketing: sales@qyresearchglobal.com Facebook: @QYResearchOfficial, Twitter: @QYResearch_

Wechat Official Account: QYResearch, Weibo: 恒州博智

www.qyresearch.com

QYResearch

Industrial Plugs and Sockets are used for power connection in industrial applications. Industrial plugs and sockets are used for power connection in industrial applications or other situations rated at higher voltages and currents than household plugs and sockets. They are generally used in polyphase systems, with high currents, or when protection from environmental hazards is required. Industrial outlets may have weatherproof covers, waterproofing sleeves, or may be interlocked with a switch to prevent accidental disconnection of an energized plug.

www.qyresearch.com

QYResearch The global market of industrial plugs and sockets is mature so the main market is replacement and some demand from industry.

The global industrial plugs and sockets market is mainly occupied by the existing enterprises. ABB, Schneider Electric, Legrand , Hubbell and Marechal Electric is the top 5 manufacturers which occupied about 35% revenue market share in 2016.

www.qyresearch.com

QYResearch

The consumption region of global industrial plugs and sockets market mainly concentrates in the North America, Europe and Asia-Pacific. Europe is the largest consumption region in the world.

The global consumption volume was 63809 K pcs in 2016. It is estimated to reach 85715 K pcs by 2022.

The application of industrial plugs and sockets is agriculture, industry, construction, sports & entertainment and other applications. Industry uses are the dominated application, which accounts for about 50% of revenue. Construction application is second large consumption filed of industrial plugs and sockets. www.qyresearch.com www.qyresearch.com

QYResearch

Although the market competition of industrial plugs and sockets is fierce in the world, there are many enterprises can obtain considerable profit from the manufacturing and marketing of industrial plugs and sockets and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

www.qyresearch.com www.qyresearch.com

QYResearch

The global Industrial Plugs and Sockets market is valued at 1790 million US$ in 2017 and will reach 2370 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2018-2025.

Click to view the full report: https://www.qyresearch.com/index/detail/549723/globalindustrial-plugs-and-sockets-market

www.qyresearch.com www.qyresearch.com