Market Overview:
The global wall 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 wall sockets from residential, commercial, and industrial applications. Additionally, the growing demand for smart home appliances is also contributing to the growth of this market. The global wall socket market can be segmented on the basis of type into type A, type B, type C, type I, type L and Type N. On the basis of application, it can be segmented into residential, commercial and industrial applications among others.
Product Definition:
A wall socket is an electrical outlet embedded in the wall, usually near the floor. It has two or more metal contacts, called prongs or pins, that a plug fits into to supply power to appliances and other devices. Wall sockets are often used in homes and offices to provide electricity for lamps, televisions, computers and other electronics.
Type A:
Type A is the most dominant form of electric current in wall socket market. It has a high usage factor and growth rate due to its wide application area, easy availability, and low cost compared to other types. Type A sockets are used for 120 V AC power supply which has been the standard voltage type globally since the early 20th century.
Type B:
Type B is a standard wall socket, which has two flat prongs for electrical services. It is also known as British plug. The Type B wall socket can be used in the U.S., Canada, Japan, Australia, and some European countries due to its simple plug design that does not require an adaptor like type A wall sockets do.
Application Insights:
The commercial application segment dominated the global wall socket market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand from hotels, restaurants and shopping malls for electric kettle and coffee machines. Furthermore, growing number of hospitals is expected to contribute significantly towards product demand over the forecast period.
The industrial application segment is projected to witness significant growth over the forecast period owing to an increase in manufacturing activities across various industries including electrical and electronics industry worldwide which has resulted in increased requirement for power outlets at workplace resulting in boosting product demand thereon globally. In addition, rapid urbanization along with technological advancements have led to development of smart cities wherein wall sockets are being installed at desired places thereby contributing towards overall market growth on a positive note globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of commercial buildings, industrial plants and residential houses in countries such as China, India, Japan and South Korea. Moreover, rising disposable income levels are also anticipated to fuel the regional product demand in near future.
Europe accounted for a significant share of global revenue in 2017 owing to high adoption rate of advanced technologies across major countries such as Germany and U.K., which has boosted industry expansion over past few years. However, recent outbreak of COVID-19 at community level in European countries has hampered overall economic activities resulting into sluggish manufacturing output and decline in construction activities; thus affecting industry growth negatively during Q2 2018 & Q3 2018 respectively (as per World Steel Association).
Growth Factors:
- Increasing demand for electricity due to the growth of the industrial and commercial sectors.
- Rapid urbanization and growing population, which leads to an increase in the number of households that need wall sockets.
- Development of new technologies and products that require wall sockets, such as electric vehicles and home appliances.
- Rising income levels, which leads to an increase in consumer spending on electrical appliances and devices that use wall sockets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Socket Market Research Report
By Type
Type A, Type B, Type C, Type I, Type L, Type N
By Application
Residential, Commercial, Industrial, Others
By Companies
Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar, Honeywell, Soben, ABB, Honyar, CHNT, DELIXI, BULL, Midea, Feidiao, Opple
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Wall Socket Market Report Segments:
The global Wall Socket market is segmented on the basis of:
Types
Type A, Type B, Type C, Type I, Type L, Type N
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, Others
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
- Simon, S.A.
- Panasonic
- Leviton
- Vimar
- Honeywell
- Soben
- ABB
- Honyar
- CHNT
- DELIXI
- BULL
- Midea
- Feidiao
- Opple
Highlights of The Wall 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:
- Type A
- Type B
- Type C
- Type I
- Type L
- Type N
- By Application:
- Residential
- Commercial
- Industrial
- Others
- 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 Wall 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 wall socket is a power outlet that can be found in many homes and businesses. It is typically a two-pronged plug with an AC adapter that allows users to plug in electronic devices such as computers, phones, and appliances.
Some of the major players in the wall socket market are Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar, Honeywell, Soben, ABB, Honyar, CHNT, DELIXI, BULL, Midea, Feidiao, Opple.
The wall 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 Wall 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 Wall Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall 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 Wall 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 Wall Socket Market Size & Forecast, 2020-2028
4.5.1 Wall Socket Market Size and Y-o-Y Growth
4.5.2 Wall Socket 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 Type A
5.2.2 Type B
5.2.3 Type C
5.2.4 Type I
5.2.5 Type L
5.2.6 Type N
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
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall 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 Wall 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 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 Type A
9.6.2 Type B
9.6.3 Type C
9.6.4 Type I
9.6.5 Type L
9.6.6 Type N
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
9.10.4 Others
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 Type A
10.6.2 Type B
10.6.3 Type C
10.6.4 Type I
10.6.5 Type L
10.6.6 Type N
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
10.10.4 Others
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 Type A
11.6.2 Type B
11.6.3 Type C
11.6.4 Type I
11.6.5 Type L
11.6.6 Type N
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
11.10.4 Others
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 Type A
12.6.2 Type B
12.6.3 Type C
12.6.4 Type I
12.6.5 Type L
12.6.6 Type N
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
12.10.4 Others
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 Type A
13.6.2 Type B
13.6.3 Type C
13.6.4 Type I
13.6.5 Type L
13.6.6 Type N
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
13.10.4 Others
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 Wall Socket Market: Competitive Dashboard
14.2 Global Wall 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 Simon, S.A.
14.3.5 Panasonic
14.3.6 Leviton
14.3.7 Vimar
14.3.8 Honeywell
14.3.9 Soben
14.3.10 ABB
14.3.11 Honyar
14.3.12 CHNT
14.3.13 DELIXI
14.3.14 BULL
14.3.15 Midea
14.3.16 Feidiao
14.3.17 Opple
