Switch Socket Market to Hit US$ 2410 Million, Driven by 15.7% CAGR during 2024-2030 with Leading Players: Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar

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Switch Socket Market to Hit US$ 2410 Million, Driven by 15.7% CAGR during 2024-2030 with Leading Players: Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar

February 21
10:14 2024
Switch Socket Market to Hit US$ 2410 Million, Driven by 15.7% CAGR during 2024-2030 with Leading Players: Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar
Switch Socket Market Set to Surpass US$ 2410 Million by 2030, Driven by Rising Demand for Electrical Infrastructure Solutions
The Switch Socket Market is anticipated to achieve a valuation of US$ 2410 million by 2030, showcasing a notable Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period from 2024 to 2030. This growth is attributed to the increasing demand for electrical switches and sockets in residential, commercial, and industrial applications, fueled by urbanization and infrastructural development.

Synopsis

Switch Socket is used in commercial, household etc fields.

The global Switch Socket Market was valued at US$ 1547 million in 2023 and is anticipated to reach US$ 2410 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.

North American market for Switch Socket is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Switch Socket is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of Switch Socket include Legrand, Schneider Electric, Siemens, Simon, S.A., Panasonic, Leviton, Vimar, Honeywell and Soben, etc. In 2023, the world’s top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Switch Socket, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Switch Socket.

Report Scope

The Switch Socket market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Switch Socket market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Switch Socket manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Request a Sample Copy or Connect for Further Details: https://www.themarketreports.com/report/ask-your-query/1804097

Market Segmentation

By Company

  • Legrand
  • Schneider Electric
  • Siemens
  • Simon, S.A.
  • Panasonic
  • Leviton
  • Vimar
  • Honeywell
  • Soben
  • ABB
  • Honyar
  • CHNT
  • DELIXI
  • BULL
  • Midea
  • Feidiao
  • Opple

 

Segment by Type

  • Single-control Switch Socket
  • Dual-control Switch Socket
  • Others

 

Segment by Application

  • Wall Mount
  • Floor Mount

 

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Switch Socket manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Sales, revenue of Switch Socket in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 9: The main points and conclusions of the report.

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