Market Overview:
The global ground plug 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 ground plugs in industrial, residential, and commercial applications. Additionally, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global ground plug market can be segmented into 15 amp, 20 amp, 30 amp 50 amp and others segments. The 30 amp segment is expected to hold a major share of the global ground plug market during the forecast period owing to its widespread use in industrial applications.
Product Definition:
A grounding plug is a type of electrical plug that has a third prong in addition to the standard two. This third prong is inserted into a ground socket, which completes the circuit and allows electricity to flow safely. Grounding plugs are important for safety reasons, as they provide an extra layer of protection against electric shocks.
15 Amp:
15 Amp is the maximum power rating for a grounded plug. It is also known as the C-rating, which stands for Continental.
20 Amp:
The 20-amp plug is a standard electrical outlet that is used in countries such as the U.S., Canada, Mexico, Brazil, and some European countries. It has two blades attached to a round body with three holes on top for cord to pass through. The power outlets are identified by the shape of the prongs that fit into the wall sockets.
Application Insights:
The industrial application segment led the global plug market and accounted for more than 54.0% share of the total revenue in 2017. The growing demand for electric vehicles is expected to drive the demand for electric vehicle chargers, which, in turn, will fuel product demand over the forecast period.
Increasing number of commercial buildings and offices across geographies is anticipated to boost product penetration in commercial applications over the forecast period. In addition, a rise in residential construction activities across economies such as India and China on account of increasing urbanization is likely to provide positive scope for manufacturers operating within these regions.
Regional Analysis:
North America dominated the global market in 2017. The growing number of manufacturing facilities and commercial buildings in countries, such as the U.S., Canada, and Mexico is expected to remain a favorable factor for the regional market over the forecast period. Furthermore, increasing adoption of electric vehicles across this region is also likely to contribute toward growth over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid urbanization and industrialization taking place in countries like China and India.
Europe was estimated at USD X million in 2017 owing to high consumption levels observed among consumers using plug sockets at home on a daily basis for charging electronic devices with battery capacity greater than or equal 1 amp hour (Ah).
Growth Factors:
- Increasing demand for safety and security in the workplace and at home
- Growing awareness about the health benefits of grounding
- Rising number of electrical accidents and fires
- Increasing popularity of holistic healing practices
- Advances in technology that make grounding products more effective and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Grounding Plug Market Research Report
By Type
15 Amp, 20 Amp, 30 Amp, 50 Amp, Others
By Application
Industrial, Residential, Commercial
By Companies
Leviton, GE, ELEGRP, RVGUARD, Miady, Kohree, Journeyman-Pro, TNP Products
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Grounding Plug Market Report Segments:
The global Grounding Plug market is segmented on the basis of:
Types
15 Amp, 20 Amp, 30 Amp, 50 Amp, 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
Industrial, Residential, Commercial
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:
- Leviton
- GE
- ELEGRP
- RVGUARD
- Miady
- Kohree
- Journeyman-Pro
- TNP Products
Highlights of The Grounding Plug 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:
- 15 Amp
- 20 Amp
- 30 Amp
- 50 Amp
- Others
- By Application:
- Industrial
- Residential
- Commercial
- 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 Grounding Plug 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 grounding plug is a connector that attaches to an outlet and has two metal prongs that touch the ground wire in your home. The purpose of a grounding plug is to ensure that electrical current from your appliances flows safely through the earth and into the ground wire in your home.
Some of the major players in the grounding plug market are Leviton, GE, ELEGRP, RVGUARD, Miady, Kohree, Journeyman-Pro, TNP Products.
The grounding plug 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 Grounding Plug 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 Grounding Plug Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grounding Plug 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 Grounding Plug 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 Grounding Plug Market Size & Forecast, 2020-2028
4.5.1 Grounding Plug Market Size and Y-o-Y Growth
4.5.2 Grounding Plug Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 15 Amp
5.2.2 20 Amp
5.2.3 30 Amp
5.2.4 50 Amp
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grounding Plug 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 Grounding Plug 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 15 Amp
9.6.2 20 Amp
9.6.3 30 Amp
9.6.4 50 Amp
9.6.5 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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 15 Amp
10.6.2 20 Amp
10.6.3 30 Amp
10.6.4 50 Amp
10.6.5 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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 15 Amp
11.6.2 20 Amp
11.6.3 30 Amp
11.6.4 50 Amp
11.6.5 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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 15 Amp
12.6.2 20 Amp
12.6.3 30 Amp
12.6.4 50 Amp
12.6.5 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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 15 Amp
13.6.2 20 Amp
13.6.3 30 Amp
13.6.4 50 Amp
13.6.5 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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Commercial
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 Grounding Plug Market: Competitive Dashboard
14.2 Global Grounding Plug Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Leviton
14.3.2 GE
14.3.3 ELEGRP
14.3.4 RVGUARD
14.3.5 Miady
14.3.6 Kohree
14.3.7 Journeyman-Pro
14.3.8 TNP Products
