Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Swage Sockets Market by Type (Open Swage Sockets, Closed Swage Sockets), By Application (Chemical Industry, Transportation Industry, Achitechive) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Swage Sockets Market by Type (Open Swage Sockets, Closed Swage Sockets), By Application (Chemical Industry, Transportation Industry, Achitechive) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155890 3300 Machinery & Equipment 377 232 Pages 4.6 (40)

Market Overview:

The global swage 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 swage sockets in various applications, such as chemical industry, transportation industry, and achitechive. In addition, the growing demand for high-quality products is also contributing to the growth of this market. On the basis of type, open swage sockets are expected to account for a larger share of the global swage sockets market than closed swage sockets during the forecast period. This can be attributed to their low cost and easy installation process as compared with closed swage sockets.

Global Swage Sockets Industry Outlook

Product Definition:

A swage socket is a type of fitting used to join two pieces of metal tubing or pipe. A swage socket is created by first pressing the end of one piece of tubing into a die, which forms a recess in the end of the tube. The other piece of tubing is then inserted into this recess, and the whole assembly is heated until it becomes pliable. Finally, it is pressed together with a hammer or press to create a permanent joint.

Open Swage Sockets:

Open swage sockets are used in the construction industry for electrical fittings. They are available in different shapes and sizes to suit any application. The growth factor of this market is due to its wide range of applications, easy installation and low maintenance requirements. Open swage sockets have a larger surface area which allows it to conduct electricity more efficiently than other types thus increasing its demand over the forecast period.

The major drivers for this market are growing urbanization, industrialization.

Closed Swage Sockets:

Closed swage sockets are used in the manufacturing of swage sockets. Swage sockets are used for mounting electrical components such as light bulbs and electric motors. The basic function of a swage is to provide an enclosed space for wiring or installing electrical components. A variety of materials can be used to make a swage including metal, plastic, rubber, and wood among others; however; the most commonly used material is plastic owing to its low cost & lightweight property.

Application Insights:

The transportation industry dominated the global swage sockets market in terms of revenue share in 2017. The growth can be attributed to the increasing use of swage sockets for assembling and repairing vehicles as well as manufacturing new components. In addition, growing demand for electric vehicles is expected to drive product demand over the forecast period.

The chemical industry accounted for a significant share in 2017 owing to extensive usage of swage sockets for assembly operations involving flammable and hazardous chemicals during manufacturing processes at various plants across China, India, South Korea and Japan.

Regional Analysis:

Asia Pacific dominated the global swage socket market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, and Japan. These countries are witnessing strong economic growth owing to rapid industrialization and urbanization. Growing transportation sector in these countries has led them to become major manufacturing hubs for automotive components across various applications including aerospace & defense industry.

The chemical industry of Asia Pacific has witnessed significant development over the past few years on account of rising demand for consumer goods along with increasing investments by key players in R&D activities pertaining high performance plastics and composites materials marketing strategies  to increase their market share at a domestic level coupled with expanding their business operations globally through joint ventures or acquisitions etc.

Growth Factors:

  • Increasing demand for Swage Sockets in the automotive industry
  • Growing popularity of Swage Sockets in the construction and engineering sectors
  • Rising demand for Swage Sockets from end-use industries such as oil and gas, marine, and aerospace
  • Technological advancements in the manufacturing of Swage Sockets
  • Growing awareness about the benefits of using Swage Sockets among consumers

Scope Of The Report

Report Attributes

Report Details

Report Title

Swage Sockets Market Research Report

By Type

Open Swage Sockets, Closed Swage Sockets

By Application

Chemical Industry, Transportation Industry, Achitechive

By Companies

The Crosby Group, Cleveland City Forge, Muncy Industries, Nobles, Mazzella Companies, Lexco Cable, American Rigging & Supply, Certex, Unirope, SteelWireRope, Auzac, Ben-Mor, Liftal, Jiangsu Haobo Diaoju

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Swage Sockets Market Report Segments:

The global Swage Sockets market is segmented on the basis of:


Open Swage Sockets, Closed Swage 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.


Chemical Industry, Transportation Industry, Achitechive

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. The Crosby Group
  2. Cleveland City Forge
  3. Muncy Industries
  4. Nobles
  5. Mazzella Companies
  6. Lexco Cable
  7. American Rigging & Supply
  8. Certex
  9. Unirope
  10. SteelWireRope
  11. Auzac
  12. Ben-Mor
  13. Liftal
  14. Jiangsu Haobo Diaoju

Global Swage Sockets Market Overview

Highlights of The Swage Sockets 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. Open Swage Sockets
    2. Closed Swage Sockets
  1. By Application:

    1. Chemical Industry
    2. Transportation Industry
    3. Achitechive
  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 Swage 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

Global Swage Sockets 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?

Swage sockets are a type of fastener that is used to attach two pieces of metal together. They are made up of a number of small, threaded holes that allow the user to screw them into place.

Some of the major players in the swage sockets market are The Crosby Group, Cleveland City Forge, Muncy Industries, Nobles, Mazzella Companies, Lexco Cable, American Rigging & Supply, Certex, Unirope, SteelWireRope, Auzac, Ben-Mor, Liftal, Jiangsu Haobo Diaoju.

The swage sockets market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Swage 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. Swage Sockets Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Swage Sockets Market - Supply Chain
   4.5. Global Swage Sockets Market Forecast
      4.5.1. Swage Sockets Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Swage Sockets Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Swage Sockets Market Absolute $ Opportunity

5. Global Swage 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. Swage Sockets Market Size and Volume Forecast by Type
      5.3.1. Open Swage Sockets
      5.3.2. Closed Swage Sockets
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Swage 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. Swage Sockets Market Size and Volume Forecast by Application
      6.3.1. Chemical Industry
      6.3.2. Transportation Industry
      6.3.3. Achitechive
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Swage 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. Swage 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 Swage 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. Swage 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 Swage Sockets Demand Share Forecast, 2019-2026

9. North America Swage 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 Swage 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 Swage Sockets Market Size and Volume Forecast by Application
      9.4.1. Chemical Industry
      9.4.2. Transportation Industry
      9.4.3. Achitechive
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Swage Sockets Market Size and Volume Forecast by Type
      9.7.1. Open Swage Sockets
      9.7.2. Closed Swage 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 Swage Sockets Demand Share Forecast, 2019-2026

10. Latin America Swage 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 Swage 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 Swage Sockets Market Size and Volume Forecast by Application
      10.4.1. Chemical Industry
      10.4.2. Transportation Industry
      10.4.3. Achitechive
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Swage Sockets Market Size and Volume Forecast by Type
      10.7.1. Open Swage Sockets
      10.7.2. Closed Swage 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 Swage Sockets Demand Share Forecast, 2019-2026

11. Europe Swage 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 Swage 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 Swage Sockets Market Size and Volume Forecast by Application
      11.4.1. Chemical Industry
      11.4.2. Transportation Industry
      11.4.3. Achitechive
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Swage Sockets Market Size and Volume Forecast by Type
      11.7.1. Open Swage Sockets
      11.7.2. Closed Swage 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 Swage Sockets Demand Share, 2019-2026

12. Asia Pacific Swage 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 Swage 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 Swage Sockets Market Size and Volume Forecast by Application
      12.4.1. Chemical Industry
      12.4.2. Transportation Industry
      12.4.3. Achitechive
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Swage Sockets Market Size and Volume Forecast by Type
      12.7.1. Open Swage Sockets
      12.7.2. Closed Swage 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 Swage Sockets Demand Share, 2019-2026

13. Middle East & Africa Swage 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 Swage 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 Swage Sockets Market Size and Volume Forecast by Application
      13.4.1. Chemical Industry
      13.4.2. Transportation Industry
      13.4.3. Achitechive
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Swage Sockets Market Size and Volume Forecast by Type
      13.7.1. Open Swage Sockets
      13.7.2. Closed Swage 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 Swage Sockets Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Swage Sockets Market: Market Share Analysis
   14.2. Swage Sockets Distributors and Customers
   14.3. Swage Sockets Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. The Crosby Group Overview Financials Developments Strategic Outlook
      14.4.2. Cleveland City Forge Overview Financials Developments Strategic Outlook
      14.4.3. Muncy Industries Overview Financials Developments Strategic Outlook
      14.4.4. Nobles Overview Financials Developments Strategic Outlook
      14.4.5. Mazzella Companies Overview Financials Developments Strategic Outlook
      14.4.6. Lexco Cable Overview Financials Developments Strategic Outlook
      14.4.7. American Rigging & Supply Overview Financials Developments Strategic Outlook
      14.4.8. Certex Overview Financials Developments Strategic Outlook
      14.4.9. Unirope Overview Financials Developments Strategic Outlook
      14.4.10. SteelWireRope Overview Financials Developments Strategic Outlook
      14.4.11. Auzac Overview Financials Developments Strategic Outlook
      14.4.12. Ben-Mor Overview Financials Developments Strategic Outlook
      14.4.13. Liftal Overview Financials Developments Strategic Outlook
      14.4.14. Jiangsu Haobo Diaoju Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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