Press release
Europe Industrial Plugs and Sockets Market 2021 Top 10 Companies, Trends, Growth Factors, Global Industry Overlook during Forecast Period
Europe Industrial Plugs & Sockets Market by Product (Plugs, Connectors, Interlocked Socket Outlets, Switch Disconnectors, Distribution Board Equipped with IEC Sockets, and Others), End User (Automotive, Oil & Gas, Power Generation, Chemical & Pharmaceuticals, Marine, Entertainment, Construction, Food & Beverages, Manufacturing, and Aerospace & Defense), and Country (Italy, Spain, France, UK, Dach, Benelux, North Europe, East Europe, and Others): Opportunity Analysis and Industry Forecast, 2018 - 2025Europe industrial plugs & sockets market was valued at $2,463.6 million in 2017 and is projected to reach $3,614.4 million by 2025, registering a CAGR of 4.7% from 2018 to 2025. North America accounted for the highest revenue share in 2017, and is projected to grow at a CAGR of 22.3% during the forecast period.
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Europe Industrial Plugs and Sockets Market Competitive Analysis:
Leading market players profiled in the global Europe Industrial Plugs and Sockets Market report include Mennekes Elektrotechnik GmbH & CO. KG , PC Electric GmbH, Bals Elektrotechnik GmbH & Co. KG Scame Group, Palazzoli Group, Marechal Electric Group, Schneider Electric SE, ABB Group, Eaton Corporation plc, Legrand SA, KATKO, and Lovato Electric S.p.A . These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, collaborations, and new product launches to strengthen their position in the industry.
Covid-19 Impact on the Global Europe Industrial Plugs and Sockets Market:
Europe Industrial Plugs and Sockets Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.
COVID-19 Scenario:
Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.
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Europe Industrial Plugs and Sockets Market Segmentation:
The research provides an in-depth segmentation of the global Europe Industrial Plugs and Sockets Market based on the product, end user, and country. It also presents a comprehensive examination of sales, revenue, growth rate, and market share of each for the historic period and the forecast period.
Europe Industrial Plugs and Sockets Market Regional Analysis:
The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.
KEY BENEFITS FOR STAKEHOLDERS
This report offers analytical representation of the Europe Industrial Plugs and Sockets Market trends with recent trends and future predictions to outline the upcoming investment pockets.
The overall potential intends to help in understanding the profitable trends to strengthen the base in the Europe Industrial Plugs and Sockets Market.
The Europe Industrial Plugs and Sockets Market analysis provides extensive information based on key determinants of the market along with a detailed impact analysis.
The recent market forecast is significantly examined from 2021 to 2024 to specify the financial ability.
Porter’s five forces analysis demonstrates the effectiveness of the buyers and suppliers in the industry.
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Europe Industrial Plugs & Sockets Market Segmentation:
By Product
Plugs
Connectors
Interlocked Socket Outlets
Switch Disconnectors
Distribution Board Equipped with IEC Sockets
Others
By End User
Automotive
Oil & Gas
Power Generation
Chemical & Pharmaceutical
Marine
Entertainment
Construction
Food and Beverage
Manufacturing
Aerospace & Defense
By Country
Italy
Spain
France
UK
Dach
Benelux
North Europe
East Europe
Others
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2017)
3.4.1. Market share analysis by product
3.4.2. Market share analysis by country
3.5. VALUE CHAIN ANALYSIS
3.5.1. Raw material suppliers
3.5.2. Manufacturing
3.5.3. Sales & distribution
3.5.4. End users
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Rise in industrial production and increase in trend of automation in Europe
3.6.1.2. Rising awareness among manufacturers & government to create a safer workplace.
3.6.2. Restraint
3.6.2.1. Slowdown in the overall production rate across various industry verticals
3.6.3. Opportunity
3.6.3.1. Rapid development of automotive sector in Europe
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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