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Los Angeles, CA -- (SBWIRE) -- 10/30/2018 -- Description
This report studies the global Wall Socket market status and forecast, categorizes the global Wall Socket market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
A wall socket is a wall-mounted electrical receptacle that provides a point for consumers to plug in various electronic items. Wall outlets provide flexible access to electricity for use with a wide variety of components. Wall sockets make it easier and safer for occupants to power appliances, and are designed to minimize the risk of electrical shock, burns, and other related dangers.
The Major regions to produce wall socket are North America, Europe, China and Japan, which accounting for about 94 % of production in total. China is the largest production region (production share 58.22%).
Wall socket is mainly produced by Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar and Honeywell. And these companies occupied above 61.60% market share by sale value in 2015.
Along with the estate industry and ownership, North America, Europe, China and Japan are major consumption regions in wall socket market. The largest consumption region is China, accounting for 50.28% market share in 2015 by consumption volume. China is a promising region to be the fastest developing consumption region in the next few years.
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The application of wall socket is residential application, commercial application, industrial application and other applications. Residential application is the major application, which accounts for more than 65% of consumption value. Commercial application is second large consumption filed of industrial plugs and sockets.
Although sales of wall socket brought a lot of opportunities, the industry barrier is rather high and the industry supply chain is rather closed. Therefore, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the wall socket field hastily.
The global Wall Socket market is valued at 3400 million US$ in 2017 and will reach 4450 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2018-2025.
The major manufacturers covered in this report
Legrand
Schneider Electric
Siemens
Simon, S.A.
Panasonic
Leviton
Vimar
Honeywell
Soben
ABB
Honyar
CHNT
DELIXI
BULL
Midea
Feidiao
Opple
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Type A
Type B
Type C
Type I
Type L
Type N
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Residential Application
Commercial Application
Industrial Application
Other Applications
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