Market Overview:
The global child safety 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 awareness about child safety and the rising demand for child-proof electrical sockets worldwide. The global child safety socket market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into single plug sockets, double plug sockets, and others. Single plug sockets are expected to dominate the global child safety socket market during the forecast period owing to their low cost and easy installation.
Product Definition:
A child safety socket is a type of electrical outlet designed to reduce the risk of electric shock to young children. The outlets typically have a shutter mechanism that covers the electrical contacts when not in use, preventing children from inserting objects into the outlet and coming in contact with live wires. Child safety sockets are often used in homes with small children, or where there is a risk of accidental contact with electrical outlets.
Single Plug Socket:
Single plug socket is a device that has one electrical outlet. It’s mostly used in the child safety sockets. These are mainly used for the protection of children from electric shock and death by electrocution or accident. The single plug socket is available with two different types of outlets, which are 2-pronged and 3-pronged outlets.
Double Plug Socket:
Double plug socket is a safety device used in the child safety socket. It has two prongs that fit into the outlet and two holes on the side to lock it in place. The other end of double plug sockets usually have a switch that can turn off or on the electrical supply to an appliance such as a lamp, television, etc.
The global double plug socket and it's usage in child safety market size was valued at USD 472 million in 2015.
Application Insights:
The commercial use segment dominated the global child safety socket market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to a rise in number of hotels and restaurants across the globe, especially after a vacation period when parents are looking for convenient ways to charge their devices at home or while on travel. Moreover, with an increase in number of cafes and restaurants also comes an increased risk of accidental electrocution due to improper installation or maintenance of electrical equipment such as chargers along with other accessories like sockets near water heaters or swimming pools where children may come into contact with it. Thus, these types of accidents are not only harmful but also preventable by installing proper safety measures such as these Child Safety Plugs that ensure safe usage even if adults aren¢â‚¬â„¢t around which is driving its demand among commercial establishments globally.
Regional Analysis:
Europe dominated the global child safety socket market in 2017. Europe has been witnessing increasing cases of electrocution and burns since many years. As a result, the government is taking several measures to prevent such incidents from occurring in homes as well as in public places. The European Union (EU) has made it mandatory for all electrical products, including sockets, to have a CE mark before they can be sold within the region.
Asia Pacific is expected to grow at an exponential rate over the forecast period owing to rising disposable income levels coupled with growing population especially in developing economies such as India.
Growth Factors:
- Increasing awareness about child safety sockets in the developing countries.
- Rising demand for child safety sockets from the residential sector.
- Growing popularity of smart homes and their need for child safety sockets.
- Increasing number of electrical accidents involving children and the subsequent demand for child safety products such as sockets 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Child Safety Socket Market Research Report
By Type
Single Plug Socket, Double Plug Socket, Others
By Application
Home Use, Commercial Use
By Companies
Legrand, Schneider Electric, Siemens, Honeywell, Bull, Leviton, Chint Group, Panasonic, Philips, Feidiao, Simon, ABB
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Child Safety Socket Market Report Segments:
The global Child Safety Socket market is segmented on the basis of:
Types
Single Plug Socket, Double Plug Socket, Others
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 Use, Commercial Use
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:
- Legrand
- Schneider Electric
- Siemens
- Honeywell
- Bull
- Leviton
- Chint Group
- Panasonic
- Philips
- Feidiao
- Simon
- ABB
Highlights of The Child Safety 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:
- Single Plug Socket
- Double Plug Socket
- Others
- By Application:
- Home Use
- Commercial Use
- 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 Child Safety 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 child safety socket is a device that attaches to a door handle or other secure location and helps prevent children from opening the door accidentally.
Some of the major players in the child safety socket market are Legrand, Schneider Electric, Siemens, Honeywell, Bull, Leviton, Chint Group, Panasonic, Philips, Feidiao, Simon, ABB.
The child safety 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 Child Safety 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 Child Safety Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Child Safety 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 Child Safety 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 Child Safety Socket Market Size & Forecast, 2018-2028
4.5.1 Child Safety Socket Market Size and Y-o-Y Growth
4.5.2 Child Safety Socket Market Absolute $ Opportunity
Chapter 5 Global Child Safety 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 Child Safety Socket Market Size Forecast by Type
5.2.1 Single Plug Socket
5.2.2 Double Plug Socket
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Child Safety 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 Child Safety Socket Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Child Safety 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 Child Safety 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 Child Safety Socket Analysis and Forecast
9.1 Introduction
9.2 North America Child Safety 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 Child Safety Socket Market Size Forecast by Type
9.6.1 Single Plug Socket
9.6.2 Double Plug Socket
9.6.3 Others
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 Child Safety Socket Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
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 Child Safety Socket Analysis and Forecast
10.1 Introduction
10.2 Europe Child Safety 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 Child Safety Socket Market Size Forecast by Type
10.6.1 Single Plug Socket
10.6.2 Double Plug Socket
10.6.3 Others
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 Child Safety Socket Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
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 Child Safety Socket Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Child Safety 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 Child Safety Socket Market Size Forecast by Type
11.6.1 Single Plug Socket
11.6.2 Double Plug Socket
11.6.3 Others
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 Child Safety Socket Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
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 Child Safety Socket Analysis and Forecast
12.1 Introduction
12.2 Latin America Child Safety 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 Child Safety Socket Market Size Forecast by Type
12.6.1 Single Plug Socket
12.6.2 Double Plug Socket
12.6.3 Others
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 Child Safety Socket Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
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) Child Safety Socket Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Child Safety 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) Child Safety Socket Market Size Forecast by Type
13.6.1 Single Plug Socket
13.6.2 Double Plug Socket
13.6.3 Others
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) Child Safety Socket Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
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 Child Safety Socket Market: Competitive Dashboard
14.2 Global Child Safety Socket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Legrand
14.3.2 Schneider Electric
14.3.3 Siemens
14.3.4 Honeywell
14.3.5 Bull
14.3.6 Leviton
14.3.7 Chint Group
14.3.8 Panasonic
14.3.9 Philips
14.3.10 Feidiao
14.3.11 Simon
14.3.12 ABB
