New York, NY -- (SBWIRE) -- 07/19/2018 -- Industrial Plugs and Sockets Market: Introduction

Consolidations in electrical equipment manufacturing are expected to lead the industrial plugs and sockets market to a growing phase. Industrial plugs and sockets are used for secure electric connections in machines and equipment and works on different frequencies. They find multifunctional applications in commerce & farming and provide safety for appliances to which they are connected. Plugs and sockets are usually used in the automotive sector and this is the prime factor that paves way for market growth since the automotive industry is witnessing significant growth.

Industrial Plugs and Sockets Market: Drivers and Challenges

Continuous investments and increasing industrial scope in developing regions with major focus on the construction sector are the major factors expected to drive the growth of the industrial plugs and sockets market. In recent time, slight growth of the manufacturing sector in developed regions such as North America has translated to the growth of the industrial plugs and sockets market.

One of the restraints for the industrial plugs and sockets market is the declining growth rate for some verticals such as mining and education, which indirectly lead to a decline in revenue generation for this market..

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Industrial Plugs and Sockets Market: Segmentation

The industrial plugs and sockets market can be segmented on the basis of type, protection, end user, and region.

On the basis of type, the industrial plugs and sockets market can be segmented as:

Plugs
Sockets
On the basis of protection, the industrial plugs and sockets market can be segmented as:

Dust–Proof & Splash–Proof
Water-Proof
Explosion–Proof
On the basis of end user, the industrial plugs and sockets market can be segmented as:

Heavy industry
Power Generation
Chemical & Pharmaceutical
Oil & Gas
Other
Industrial Plugs and Sockets Market: Key Players

Some of the key players in the industrial plugs and sockets market are TE Connectivity, Mennekes, Legrand, Amphenol, ABB, ENNEKES, Hubbell, Marechal Group, Molex, Gewiss, Emerson Electric, Eaton, Schneider Electric and others

Industrial Plugs and Sockets Market: Regional Overview

On the basis of geography, the industrial plugs and sockets market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. Among various regions, the industrial plugs and sockets market in the SEA and other APAC region is expected to grow at a high rate and is expected to dominate the market in terms of value during the forecast period. The SEA and other APAC region is expected to be followed by China and Western Europe.

The report covers exhaustive analysis on:

Industrial Plugs and Sockets Market Segments
Industrial Plugs and Sockets Market Dynamics
Historical Actual Market Size, 2012 – 2016
Industrial Plugs and Sockets Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Industrial Plugs and Sockets Market Current Trends/Issues/Challenges
Competition & Companies involved
Industrial Plugs and Sockets Market Value Chain
Industrial Plugs and Sockets Market Drivers and Restraints

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