Market Overview:
The global AC power plugs and sockets market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical appliances, rising disposable income, and growing awareness about energy efficiency. In terms of type, the AC power plugs segment is expected to grow at a higher CAGR than the AC power sockets segment during the forecast period. This can be attributed to the increasing demand for portable devices such as laptops and smartphones. In terms of application, home appliance is expected to hold majority share in global AC power plugs and sockets market during forecast period followed by agriculture sector.
Product Definition:
An AC power plug is a type of electrical connector used to connect an appliance to the electricity supply in a building. AC stands for alternating current, which is the type of electrical current supplied by utility companies. An AC power socket, also known as an outlet or wall socket, is a receptacle into which an AC power plug can be inserted. The purpose of an AC power plug and socket is to provide a means for connecting appliances to the electricity supply in a building.
AC Power Plugs:
The global AC power plugs and sockets market size was valued at USD 3.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
AC Power Sockets:
AC power sockets and outlets are electronic equipment that provides an electrical connection to devices such as mobile phones, computers, laptops, digital cameras and other home appliances. These electronic products require a standard alternating current (AC) voltage of 120V or 220V in order to function properly. The AC power sockets and outlets work on the principle of converting the pluggable electric device's outlet into a regular wall outlet with compatible plugs.
Application Insights:
The home appliance segment is expected to dominate the global market in terms of revenue generation and accounted for a share of over 40.0% in 2017. The increasing use of power plugs and sockets with built-in safety features, such as circuit breakers, across various home appliances including refrigerators, washing machines, cooktops and microwave ovens is anticipated to drive the product demand over the forecast period.
The construction industry was one of the largest consumers of these products accounting for nearly 25% in 2017 owing to its requirement for a large number onsite electrical installations at construction sites across various regions globally. Furthermore, an increase in residential building projects along with rising consumer disposable income has resulted in increased product demand from this sector as well which is expected to continue driving growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing adoption of electricity supply through alternative sources, such as wind and solar power. Moreover, growing demand for home automation products is expected to drive the regional market over the forecast period. Europe accounted for a significant share in terms of revenue in 2017 owing to high penetration of electric vehicles and renewable energy infrastructure in countries, such as Germany and France.
The Middle East & Africa (MEA) region has been witnessing steady economic development due its oil-based economy which offers lucrative opportunities for foreign investments especially from developed regions like North America.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Proliferation of smart devices and the Internet of Things (IoT)
- Development of new technologies that require more power, such as electric vehicles (EVs)
- Regulatory mandates for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
AC Power Plugs and Sockets Market Research Report
By Type
AC Power Plugs, AC Power Sockets
By Application
Home Appliance, Agriculture, Industry, Construction, Sports & Entertainment, Other
By Companies
ABB, Schneider Electric, Legrand, Mennekes, Bals, SCAME, PALAZZOLI, Emerson, Lewden, Cavotec, ILME, Leviton, Bull, ABB(Cooper Industries), Honeywell, Samsung, MK Electric, RONA, MENNEKES, Extron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global AC Power Plugs and Sockets Market Report Segments:
The global AC Power Plugs and Sockets market is segmented on the basis of:
Types
AC Power Plugs, AC Power Sockets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Appliance, Agriculture, Industry, Construction, Sports & Entertainment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Schneider Electric
- Legrand
- Mennekes
- Bals
- SCAME
- PALAZZOLI
- Emerson
- Lewden
- Cavotec
- ILME
- Leviton
- Bull
- ABB(Cooper Industries)
- Honeywell
- Samsung
- MK Electric
- RONA
- MENNEKES
- Extron
Highlights of The AC Power Plugs and Sockets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Power Plugs
- AC Power Sockets
- By Application:
- Home Appliance
- Agriculture
- Industry
- Construction
- Sports & Entertainment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AC Power Plugs and Sockets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AC power plugs and sockets are the connectors used to provide electrical power to devices using alternating current.
Some of the key players operating in the ac power plugs and sockets market are ABB, Schneider Electric, Legrand, Mennekes, Bals, SCAME, PALAZZOLI, Emerson, Lewden, Cavotec, ILME, Leviton, Bull, ABB(Cooper Industries), Honeywell, Samsung, MK Electric, RONA, MENNEKES, Extron.
The ac power plugs and sockets market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. AC Power Plugs and Sockets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. AC Power Plugs and Sockets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. AC Power Plugs and Sockets Market - Supply Chain
4.5. Global AC Power Plugs and Sockets Market Forecast
4.5.1. AC Power Plugs and Sockets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. AC Power Plugs and Sockets Market Size (000 Units) and Y-o-Y Growth
4.5.3. AC Power Plugs and Sockets Market Absolute $ Opportunity
5. Global AC Power Plugs and Sockets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. AC Power Plugs and Sockets Market Size and Volume Forecast by Type
5.3.1. AC Power Plugs
5.3.2. AC Power Sockets
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global AC Power Plugs and Sockets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. AC Power Plugs and Sockets Market Size and Volume Forecast by Application
6.3.1. Home Appliance
6.3.2. Agriculture
6.3.3. Industry
6.3.4. Construction
6.3.5. Sports & Entertainment
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global AC Power Plugs and Sockets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. AC Power Plugs and Sockets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global AC Power Plugs and Sockets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. AC Power Plugs and Sockets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global AC Power Plugs and Sockets Demand Share Forecast, 2019-2026
9. North America AC Power Plugs and Sockets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America AC Power Plugs and Sockets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America AC Power Plugs and Sockets Market Size and Volume Forecast by Application
9.4.1. Home Appliance
9.4.2. Agriculture
9.4.3. Industry
9.4.4. Construction
9.4.5. Sports & Entertainment
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America AC Power Plugs and Sockets Market Size and Volume Forecast by Type
9.7.1. AC Power Plugs
9.7.2. AC Power Sockets
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America AC Power Plugs and Sockets Demand Share Forecast, 2019-2026
10. Latin America AC Power Plugs and Sockets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America AC Power Plugs and Sockets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America AC Power Plugs and Sockets Market Size and Volume Forecast by Application
10.4.1. Home Appliance
10.4.2. Agriculture
10.4.3. Industry
10.4.4. Construction
10.4.5. Sports & Entertainment
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America AC Power Plugs and Sockets Market Size and Volume Forecast by Type
10.7.1. AC Power Plugs
10.7.2. AC Power Sockets
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America AC Power Plugs and Sockets Demand Share Forecast, 2019-2026
11. Europe AC Power Plugs and Sockets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe AC Power Plugs and Sockets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe AC Power Plugs and Sockets Market Size and Volume Forecast by Application
11.4.1. Home Appliance
11.4.2. Agriculture
11.4.3. Industry
11.4.4. Construction
11.4.5. Sports & Entertainment
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe AC Power Plugs and Sockets Market Size and Volume Forecast by Type
11.7.1. AC Power Plugs
11.7.2. AC Power Sockets
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe AC Power Plugs and Sockets Demand Share, 2019-2026
12. Asia Pacific AC Power Plugs and Sockets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific AC Power Plugs and Sockets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific AC Power Plugs and Sockets Market Size and Volume Forecast by Application
12.4.1. Home Appliance
12.4.2. Agriculture
12.4.3. Industry
12.4.4. Construction
12.4.5. Sports & Entertainment
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific AC Power Plugs and Sockets Market Size and Volume Forecast by Type
12.7.1. AC Power Plugs
12.7.2. AC Power Sockets
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific AC Power Plugs and Sockets Demand Share, 2019-2026
13. Middle East & Africa AC Power Plugs and Sockets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa AC Power Plugs and Sockets Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa AC Power Plugs and Sockets Market Size and Volume Forecast by Application
13.4.1. Home Appliance
13.4.2. Agriculture
13.4.3. Industry
13.4.4. Construction
13.4.5. Sports & Entertainment
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa AC Power Plugs and Sockets Market Size and Volume Forecast by Type
13.7.1. AC Power Plugs
13.7.2. AC Power Sockets
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa AC Power Plugs and Sockets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global AC Power Plugs and Sockets Market: Market Share Analysis
14.2. AC Power Plugs and Sockets Distributors and Customers
14.3. AC Power Plugs and Sockets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schneider Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Legrand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mennekes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SCAME
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PALAZZOLI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Emerson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lewden
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cavotec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ILME
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Leviton
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bull
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ABB(Cooper Industries)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Honeywell
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Samsung
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MK Electric
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. RONA
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. MENNEKES
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Extron
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
