Market Overview:
The global rubber sockets 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 rubber sockets from domestic as well as industrial users. In terms of type, the rewireable rubber sockets segment is expected to lead the global rubber sockets market during the forecast period, followed by portable rubber sockets. The increasing demand for rewireable rubber sockets from domestic users is primarily due to their easy installation and removal features. In terms of application, industrial use is expected to lead the global Rubber Sockets Market during the forecast period, followed by domestic use.
Product Definition:
There is no specific definition of Rubber Sockets since it could mean different things to different people. In general, it could refer to a type of socket that is made from rubber instead of the traditional metal. Rubber sockets are often used in construction or heavy-duty applications where there is a greater risk of damage to the socket due to impact or stress. They can also be beneficial in environments with high levels of vibration as they help reduce the amount of noise that is transmitted through the tool.
Rewireable Rubber Sockets:
Rewireable rubber sockets are used in applications where a standard electrical connector is not suitable. The Rewireable Rubber Sockets (RRS) can be used with various types of wires such as copper, aluminum, and others. It offers high mechanical strength and flexibility which makes it suitable for heavy current applications.
Portable Rubber Sockets:
Portable rubber sockets are small, soft and malleable plastic or rubber products that can be molded into various shapes. They are used in applications where a firm connection is required but not possible with the surface of the object to which it is attached. Portable rubber sockets find their application primarily in automotive, packaging and construction industries.
Application Insights:
The industrial use segment dominated the global rubber sockets market in 2017, accounting for over 60.0% share of the overall revenue. The growing demand for rubber products in industries such as construction, automotive and transportation is expected to drive the product demand over the forecast period. In addition, a rise in disposable income among emerging middle-class population will fuel product demand from domestic use applications such as home and office interiors.
The global expansion of manufacturing facilities along with rising R&D activities on part of various manufacturers are anticipated to augment industry growth over the coming years. Various Rubber Manufacturers Association (RMA) initiatives including code standards and guidelines are aimed at promoting awareness about safe usage of products which is further anticipated to boost industry growth across all regions globally within reachable time frame.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2017 owing to high demand from end-use industries, such as industrial, commercial and residential. Rapid urbanization coupled with increasing consumer disposable income levels is anticipated to drive product demand over the forecast period.
Europe rubber sockets market was valued at USD X million in 2017 owing to growing adoption across several industries including industrial automation, telecoms & IT, automotive among others. North America held a significant share of global industry revenue due to rising product adoption across various sectors including manufacturing facilities, data centers among others for improved productivity has led it being one of the largest regional markets globally. The U.S.
Growth Factors:
- Increasing demand for rubber sockets in the automotive industry as a result of increasing production of automobiles.
- Growing demand for rubber sockets from the construction industry due to growth in infrastructure development activities.
- Rising demand for rubber sockets from the electrical and electronics industry due to growth in end-user industries such as telecommunications, information technology, and consumer electronics.
- Increasing use of rubber sockets in medical applications owing to their properties such as flexibility, durability, and biocompatibility.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rubber Sockets Market Research Report
By Type
Rewireable Rubber Sockets, Portable Rubber Sockets
By Application
Domestic Use, Industrial Use
By Companies
Defender Power & Light, Anliang Marine Lighting Co., Ltd, WK Electrical, Arteleta International Spa, Dersa Elektrik, PC Electric GmbH, Luceco Plc Group(BG Electrical), Aslo Electrical, MK Electric, Shanghai Anson Electric Technology Co.,LTD
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Rubber Sockets Market Report Segments:
The global Rubber Sockets market is segmented on the basis of:
Types
Rewireable Rubber Sockets, Portable Rubber Sockets
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
Domestic Use, Industrial 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:
- Defender Power & Light
- Anliang Marine Lighting Co., Ltd
- WK Electrical
- Arteleta International Spa
- Dersa Elektrik
- PC Electric GmbH
- Luceco Plc Group(BG Electrical)
- Aslo Electrical
- MK Electric
- Shanghai Anson Electric Technology Co.,LTD
Highlights of The Rubber Sockets 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:
- Rewireable Rubber Sockets
- Portable Rubber Sockets
- By Application:
- Domestic Use
- Industrial 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 Rubber Sockets 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?
Rubber sockets are a type of electrical connector that is made from a rubber material. They are often used in applications where the connector needs to be resistant to water and other chemicals.
Some of the major companies in the rubber sockets market are Defender Power & Light, Anliang Marine Lighting Co., Ltd, WK Electrical, Arteleta International Spa, Dersa Elektrik, PC Electric GmbH, Luceco Plc Group(BG Electrical), Aslo Electrical, MK Electric, Shanghai Anson Electric Technology Co.,LTD.
The rubber sockets market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rubber Sockets Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rubber Sockets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rubber Sockets Market - Supply Chain
4.5. Global Rubber Sockets Market Forecast
4.5.1. Rubber Sockets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rubber Sockets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rubber Sockets Market Absolute $ Opportunity
5. Global Rubber Sockets Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rubber Sockets Market Size and Volume Forecast by Type
5.3.1. Rewireable Rubber Sockets
5.3.2. Portable Rubber Sockets
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rubber Sockets Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rubber Sockets Market Size and Volume Forecast by Application
6.3.1. Domestic Use
6.3.2. Industrial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rubber Sockets Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rubber Sockets Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rubber Sockets Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rubber Sockets Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rubber Sockets Demand Share Forecast, 2019-2026
9. North America Rubber Sockets Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rubber Sockets Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rubber Sockets Market Size and Volume Forecast by Application
9.4.1. Domestic Use
9.4.2. Industrial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rubber Sockets Market Size and Volume Forecast by Type
9.7.1. Rewireable Rubber Sockets
9.7.2. Portable Rubber Sockets
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rubber Sockets Demand Share Forecast, 2019-2026
10. Latin America Rubber Sockets Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rubber Sockets Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rubber Sockets Market Size and Volume Forecast by Application
10.4.1. Domestic Use
10.4.2. Industrial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rubber Sockets Market Size and Volume Forecast by Type
10.7.1. Rewireable Rubber Sockets
10.7.2. Portable Rubber Sockets
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rubber Sockets Demand Share Forecast, 2019-2026
11. Europe Rubber Sockets Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rubber Sockets Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rubber Sockets Market Size and Volume Forecast by Application
11.4.1. Domestic Use
11.4.2. Industrial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rubber Sockets Market Size and Volume Forecast by Type
11.7.1. Rewireable Rubber Sockets
11.7.2. Portable Rubber Sockets
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rubber Sockets Demand Share, 2019-2026
12. Asia Pacific Rubber Sockets Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rubber Sockets Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rubber Sockets Market Size and Volume Forecast by Application
12.4.1. Domestic Use
12.4.2. Industrial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rubber Sockets Market Size and Volume Forecast by Type
12.7.1. Rewireable Rubber Sockets
12.7.2. Portable Rubber Sockets
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rubber Sockets Demand Share, 2019-2026
13. Middle East & Africa Rubber Sockets Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rubber Sockets Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rubber Sockets Market Size and Volume Forecast by Application
13.4.1. Domestic Use
13.4.2. Industrial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rubber Sockets Market Size and Volume Forecast by Type
13.7.1. Rewireable Rubber Sockets
13.7.2. Portable Rubber Sockets
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rubber Sockets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rubber Sockets Market: Market Share Analysis
14.2. Rubber Sockets Distributors and Customers
14.3. Rubber Sockets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Defender Power & Light
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anliang Marine Lighting Co., Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WK Electrical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arteleta International Spa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dersa Elektrik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PC Electric GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Luceco Plc Group(BG Electrical)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aslo Electrical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MK Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Anson Electric Technology Co.,LTD
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
