Market Overview:
The global bulb socket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED bulbs and the growing awareness about energy-efficient lighting solutions among consumers. In terms of type, the plastic bulb socket segment is expected to dominate the global market during the forecast period, owing to its low cost and lightweight nature.
Product Definition:
A bulb socket is a device that holds a light bulb in place. It has two metal contacts that touch the ends of the bulb to provide power.
Plastic:
Plastic is a durable, versatile, lightweight material that has been used for centuries. It can be molded into an almost unlimited variety of shapes and sizes. The most commonly recognized forms of plastic are polyethylene (PE), polypropylene (PP), polystyrene (PS), acrylonitrile butadiene styrene (ABS) and nylon among others including silicone, carbon fiber and glass-reinforced plastics.
Metal:
Metal and it's usage in Bulb Socket market is a product that is used to make light bulbs look aesthetically appealing. It’s basically an alloy of aluminum, copper and zinc which are used for making the base of the light bulb.
Copper (Cu) - This type of metal has good electrical conductivity properties along with being soft, ductile and malleable.
Application Insights:
Specialist retailers held the largest market share of over 70% in 2017. The application segment is bifurcated into online and offline specialty retailers. Offline specialty retailers include departmental stores, shopping malls and hypermarkets where bulbs are sold through their own departments. These shops stock a wide range of products varying from general lighting to decorative or functional items required by consumers for specific applications such as homes or offices. They also offer installation services at an additional cost depending upon the requirements of the consumer.
Online sale application is expected to be fastest-growing segment with CAGR around 10% from 2018 to 2030 owing to growing e-commerce industry across countries such as China, India, Australia.
Regional Analysis:
Europe was the largest market for the global bulb socket industry, accounting for more than 35% of the total revenue in 2017. The region is expected to dominate the market over the forecast period owing to growing demand from specialty retailers and online vendors. U.K., Germany, France and Italy are some of Europe’s top bulb socket manufacturing countries with Belgium, Spain and Denmark being other prominent players across this region.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED bulbs
- Proliferation of smart home technologies
- Growing popularity of bulb socket adapters and extenders
- Emerging markets offering lucrative growth opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
Bulb Socket Market Research Report
By Type
Plastic, Metal
By Application
Specialist Retailers, Online sale
By Companies
Acuity Brands Lighting, Cree, Eaton, GE, Hubbell, JACKYLED, Onite, Leviton, Simple Deluxe, DWW, Acuity Brands Lighting, SerBion
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Bulb Socket Market Report Segments:
The global Bulb Socket market is segmented on the basis of:
Types
Plastic, Metal
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
Specialist Retailers, Online sale
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:
- Acuity Brands Lighting
- Cree
- Eaton
- GE
- Hubbell
- JACKYLED
- Onite
- Leviton
- Simple Deluxe
- DWW
- Acuity Brands Lighting
- SerBion
Highlights of The Bulb Socket 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:
- Plastic
- Metal
- By Application:
- Specialist Retailers
- Online sale
- 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 Bulb Socket 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?
A bulb socket is a type of electrical outlet that has a round, cylindrical shape. It is typically used to plug in light bulbs.
Some of the key players operating in the bulb socket market are Acuity Brands Lighting, Cree, Eaton, GE, Hubbell, JACKYLED, Onite, Leviton, Simple Deluxe, DWW, Acuity Brands Lighting, SerBion.
The bulb socket market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bulb Socket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bulb Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bulb Socket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bulb Socket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bulb Socket Market Size & Forecast, 2018-2028
4.5.1 Bulb Socket Market Size and Y-o-Y Growth
4.5.2 Bulb Socket Market Absolute $ Opportunity
Chapter 5 Global Bulb Socket Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bulb Socket Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Metal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bulb Socket Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bulb Socket Market Size Forecast by Applications
6.2.1 Specialist Retailers
6.2.2 Online sale
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bulb Socket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bulb Socket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bulb Socket Analysis and Forecast
9.1 Introduction
9.2 North America Bulb Socket Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bulb Socket Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Metal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bulb Socket Market Size Forecast by Applications
9.10.1 Specialist Retailers
9.10.2 Online sale
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bulb Socket Analysis and Forecast
10.1 Introduction
10.2 Europe Bulb Socket Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bulb Socket Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Metal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bulb Socket Market Size Forecast by Applications
10.10.1 Specialist Retailers
10.10.2 Online sale
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bulb Socket Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bulb Socket Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bulb Socket Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Metal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bulb Socket Market Size Forecast by Applications
11.10.1 Specialist Retailers
11.10.2 Online sale
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bulb Socket Analysis and Forecast
12.1 Introduction
12.2 Latin America Bulb Socket Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bulb Socket Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Metal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bulb Socket Market Size Forecast by Applications
12.10.1 Specialist Retailers
12.10.2 Online sale
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bulb Socket Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bulb Socket Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bulb Socket Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Metal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bulb Socket Market Size Forecast by Applications
13.10.1 Specialist Retailers
13.10.2 Online sale
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bulb Socket Market: Competitive Dashboard
14.2 Global Bulb Socket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acuity Brands Lighting
14.3.2 Cree
14.3.3 Eaton
14.3.4 GE
14.3.5 Hubbell
14.3.6 JACKYLED
14.3.7 Onite
14.3.8 Leviton
14.3.9 Simple Deluxe
14.3.10 DWW
14.3.11 Acuity Brands Lighting
14.3.12 SerBion
