Industrial plugs and sockets are used in the industries such as oil & gas, power generation, automotive and heavy industries among others for establishing protected electric connections in machines & equipment that function on fluctuating voltages and frequencies. These are utilized to evade deliberate or accidental mismatching of plugs and avoid connections which are not suitable with regards to frequency, polarity, voltage, current and type of use.
The industrial plugs and sockets market is driven by factors such as easy installation, use of advanced production technologies and low-cost of raw materials. Also, increasing manufacturing and construction activities in developing regions is fueling the growth of industrial plugs and sockets market. Another significant factor propelling the industrial plugs and sockets market growth is the integrated safety features in these plugs and sockets.
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Top Leading Market Players:
1.ABB Ltd
2.Amphenol Corporation
3.Bals Deutschland
4.Eaton Corporation
5.Legrand SA
6.Marechal Electric Group
7.Mennekes
8.Palazzoli S.p.A.
9.Scame Parre S.p.A.
10.Schneider Electric SA
The Industrial Plugs and Sockets Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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