Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Pre-wired System Market by Type (AC-coupled, Battery Backup, Off-grid, Others), By Application (Residential, Commercial, Industrial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Pre-wired System Market by Type (AC-coupled, Battery Backup, Off-grid, Others), By Application (Residential, Commercial, Industrial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 349214 4200 Machinery & Equipment 377 156 Pages 4.8 (32)
                                          

Market Overview:


The global pre-wired system 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 energy-efficient and smart buildings, rising awareness about safety and security, and growing investments in renewable energy sources. The global pre-wired system market can be segmented on the basis of type into AC-coupled, battery backup, off-grid, and others. The AC-coupled segment is expected to hold the largest share of the market during the forecast period owing to its high efficiency and low installation cost as compared to other types of systems. On the basis of application, the global pre-wired system market can be divided into residential, commercial, industrial, and others segments. The commercial segment is projected to grow at a higher CAGR than other segments during 2018–2030 owing to an increase in construction activities across developed economies such as North America and Europe.


Global Pre-wired System Industry Outlook


Product Definition:


A pre-wired system is a type of security system that is installed in a building before the occupants move in. The wiring for the security system is already in place, which makes installation quick and easy.


2) Increased security - since the wiring is already in place, there's no chance that someone can cut the wires.


3) Added convenience - many pre-wired systems include features like keypads.


4) Peace of mind - knowing that your home or business is protected by a pre-wired security system gives you added peace of mind.


AC-coupled:


AC-coupled is an electronic device used in Pre-wired System. It helps to convert the Alternating Current (AC) into the Direct Current (DC). AC coupled devices are widely used in power supplies, transformers, and other electrical equipment. The growth factor of this market is due to growing demand for electronic devices across various industry verticals such as automotive & transportation, consumer electronics & appliances among others.


Battery Backup:


Battery backup is a power supply to start the equipment when there is no electricity. It can be of two types: portable and non-portable. The main function of portable battery backup is to provide enough energy for starting the engine when the main power source, i.e., electrical grid goes down; whereas, in non-portable system, it provides extra energy storage so that devices such as security systems can continue working during an electric outage.


Application Insights:


The commercial application segment dominated the global pre-wired system market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand from end-use industries such as healthcare, hospitality and retail among others. Furthermore, technological advancements have also paved way for easy installation of these systems at a lower cost which is further driving their demand across commercial applications globally.


The residential application segment is expected to witness significant growth over the forecast period owing to increasing number of power outages and voltage fluctuations across various regions globally that has led people towards installing backup power sources such as solar panels and wind turbines coupled with growing concerns regarding carbon emission reduction initiatives among other countries¢â‚¬â„¢ citizens are encouraging people around the world to invest in renewable energy generation projects which will eventually drive pre-wired system sales worldwide by 2030.


Regional Analysis:


Asia Pacific dominated the global pre-wired system market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for solar energy coupled with growing industrialization and rapid urbanization in emerging economies such as China and India. In addition, rising disposable income levels are anticipated to drive demand for consumer electronics products such as refrigerators, air conditioning units, washing machines among others. This will propel industry growth over the coming years.


Europe accounted for a significant share of revenue in 2017 owing to high penetration of renewable energy technologies across countries such as Germany and Italy among others that have adopted them favorably thereby boosting industry growth over the forecast period. North America is also expected to witness steady growth due to presence of key manufacturers coupled with high adoption rate of pre-wired systems by residential consumers especially U.


Growth Factors:


  • Increasing demand for automation in various industries
  • Growing investments in industrial infrastructure
  • Rising trend of smart factories and Industry 4.0
  • Proliferation of Internet of Things (IoT) and connected devices
  • Emergence of new applications for pre-wired systems

Scope Of The Report

Report Attributes

Report Details

Report Title

Pre-wired System Market Research Report

By Type

AC-coupled, Battery Backup, Off-grid, Others

By Application

Residential, Commercial, Industrial

By Companies

Schneider Electric, Rainbow Power Company Ltd, Outback Power Inc., Hubbell, MidNite Solar Inc., Alternative Energy Store Inc., Rockwell Automation, 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

156

Number of Tables & Figures

110

Customization Available

Yes, the report can be customized as per your need.


Global Pre-wired System Market Report Segments:

The global Pre-wired System market is segmented on the basis of:

Types

AC-coupled, Battery Backup, Off-grid, 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

Residential, Commercial, Industrial

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:

  1. Schneider Electric
  2. Rainbow Power Company Ltd
  3. Outback Power Inc.
  4. Hubbell
  5. MidNite Solar Inc.
  6. Alternative Energy Store Inc.
  7. Rockwell Automation
  8. ABB

Global Pre-wired System Market Overview


Highlights of The Pre-wired System Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. AC-coupled
    2. Battery Backup
    3. Off-grid
    4. Others
  1. By Application:

    1. Residential
    2. Commercial
    3. Industrial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pre-wired System 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

Global Pre-wired System Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A pre-wired system is a wiring system that has been installed in a building before the electrical, plumbing and mechanical systems are in place.

Some of the major players in the pre-wired system market are Schneider Electric, Rainbow Power Company Ltd, Outback Power Inc., Hubbell, MidNite Solar Inc., Alternative Energy Store Inc., Rockwell Automation, ABB.

The pre-wired system market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pre-wired System 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 Pre-wired System Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Pre-wired System 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 Pre-wired System 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 Pre-wired System Market Size & Forecast, 2020-2028       4.5.1 Pre-wired System Market Size and Y-o-Y Growth       4.5.2 Pre-wired System 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 AC-coupled
      5.2.2 Battery Backup
      5.2.3 Off-grid
      5.2.4 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 Residential
      6.2.2 Commercial
      6.2.3 Industrial
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Pre-wired System 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 Pre-wired System 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 AC-coupled
      9.6.2 Battery Backup
      9.6.3 Off-grid
      9.6.4 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 Residential
      9.10.2 Commercial
      9.10.3 Industrial
   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 AC-coupled
      10.6.2 Battery Backup
      10.6.3 Off-grid
      10.6.4 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 Residential
      10.10.2 Commercial
      10.10.3 Industrial
   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 AC-coupled
      11.6.2 Battery Backup
      11.6.3 Off-grid
      11.6.4 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 Residential
      11.10.2 Commercial
      11.10.3 Industrial
   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 AC-coupled
      12.6.2 Battery Backup
      12.6.3 Off-grid
      12.6.4 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 Residential
      12.10.2 Commercial
      12.10.3 Industrial
   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 AC-coupled
      13.6.2 Battery Backup
      13.6.3 Off-grid
      13.6.4 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 Residential
      13.10.2 Commercial
      13.10.3 Industrial
   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 Pre-wired System Market: Competitive Dashboard
   14.2 Global Pre-wired System Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Schneider Electric
      14.3.2 Rainbow Power Company Ltd
      14.3.3 Outback Power Inc.
      14.3.4 Hubbell
      14.3.5 MidNite Solar Inc.
      14.3.6 Alternative Energy Store Inc.
      14.3.7 Rockwell Automation
      14.3.8 ABB

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