Global Industrial Plugs and Sockets market is accounted for $2.54 billion in 2020 and is expected to reach $4.34 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Increasing electrification of different industries to drive demand for industrial plugs and sockets and ongoing rapid industrialization in Asia Pacific and rising economic nationalism and investments in local manufacturing.
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By geography, Asia Pacific held the largest market share during the forecast period. The growth of the market in this region is mainly driven by the increasing large-scale infrastructure and industrial investments during the forecast period. Growing demand for safe, secure, and reliable connected and disconnected equipment for use in a diverse range of environments, improved investments in the construction sector, and sustained industrial investments in the key markets offer high-growth opportunities for the industrial plugs and sockets market in Asia Pacific.
Some of the key players profiled in the Industrial Plugs and Sockets Amphenol Corporation, Abb, Emerson Electric, Schneider Electric, Legrand, Marechal Electric Group, Mennekes Palazzoli Group, Scame Group, Eaton, Hubbell, Walther-Werke, Rauscher & Stoecklin, Bals Elektrotechnik, Leviton Company.
Products Covered in Industrial Plugs & Sockets Market
• Industrial Sockets
• Interlocked Socket Outlets
• Mechanical Interlock
• Connectors
• Switch Disconnectors
• Distribution Board Equipped with International Electrotechnical Commission ( IEC) Sockets
Protections Covered:
• Dustproof and Splash Proof
• Explosion Proof
• Water Proof
Materials Covered:
• Plastic
• Metal
• Wood
• Paperboard
Types of Current Covered:
• Up to 32 A
• 2 to 125 A
• Above 125 A
Internet Protocol Ratings Covered:
• Internet Protocol (IP) 44/45
• Internet Protocol (IP) 66/67
Voltages Rating Covered:
• 24 to 42 V
• 42 to 110 V
• 110 to 230 V
• 230 to 400 V
• Above 400 V
Sales Channel Covered:
• Direct Sales
• Distributor
End Users Covered:
• Aerospace & Defence
• Automotive & Transportation
• Chemicals and Pharmaceuticals
• Construction
• Food and Beverage
• Heavy Industries
• Industry
• Manufacturing
• Marine
• Oil and Gas
• Power Generation & Distribution
• Consumer Electronics
• Other End Users
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