Press release
Wall Socket Market Analysis by Top Companies – Legrand, Schneider Electric, Siemens and others
The global Wall Socket market is valued at 3400 million US$ in 2018 is expected to reach 4450 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2019-2025.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.
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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.
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.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Wall Socket market Report at- https://www.qyresearch.com/index/detail/956284/global-wall-socket-market
The following manufacturers are covered: Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar, Honeywell, Soben, ABB, Honyar, CHNT, DELIXI, BULL, Midea, Feidiao, Opple,
Wall Socket market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Wall Socket Market Segmentation by Types: Type A, Type B, Type C, Type I, Type L, Type N,
Wall Socket Market Segmentation by Applications: Residential Application, Commercial Application, Industrial Application, Other Applications,
Regions Covered in the Global Wall Socket Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Wall Socket market helps deliver clients and businesses making strategies.
It covers Wall Socket industry outlines, upstream and downstream Wall Socket market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Wall Socket market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Wall Socket Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Wall Socket market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Wall Socket market
The Wall Socket market report covers Volume, Revenue and Price Forecast 2019 to 2025
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