Industrial Plugs & Sockets Market by Protection, Type, End-User, - Global Forecast to 2021
Industrial Plugs & Sockets Market categorizes global market by Protection (Dustproof & Splash-Proof, Water-Proof, and Explosion-Proof), Type (Plugs and Sockets), End-User (Oil & Gas, Power Generation, Chemical & Pharmaceutical, and Heavy Industry)
(EMAILWIRE.COM, July 20, 2017 ) "Industrial Plugs & Sockets Market by Protection (Dustproof & Splash-Proof, Water-Proof, and Explosion-Proof), Type (Plugs and Sockets), End-User (Oil & Gas, Power Generation, Chemical & Pharmaceutical, and Heavy Industry) - Global Forecast to 2021", The industrial plugs & sockets market is expected to grow from an estimated USD 2.84 Billion in 2016 to USD 3.60 Billion by 2021, registering a CAGR of 4.82% from 2016 to 2021. The global market is set to witness significant growth, due to the increasing construction and development activities in Asia, the growth of the manufacturing sector in South Asian countries, and the revival of the manufacturing sector in North America.
Browse 69 market data Tables and 42 Figures spread through 134 Pages and in-depth TOC on "Industrial Plugs & Sockets Market - Global Forecast to 2021 " <||>rnhttp://www.marketsandmarkets.com/Market-Reports/industrial-plug-socket-market-7162677.html
The heavy industry segment is expected to hold the largest share of the industrial plugs & sockets market, by end-user, during the forecast period
The heavy industry segment led the industrial plugs & sockets market in 2015, and is projected to dominate the market during the forecast period. The heavy industry segment is expected to grow at the fastest rate during the forecast period. This segment is primarily driven by the growth of the automobile, food processing, and textile industries, and is expected to create new revenue pockets for the industrial plugs & sockets market during the forecast period.
Dustproof & splash-proof to be the fastest growing segment in the industrial plugs & sockets market
With regard to the protection segment, dustproof & splash-proof industrial plugs & sockets are expected to constitute the fastest growing market from 2016 to 2021. These have wide industrial application, unlike water-proof industrial plugs & sockets, which have a limited set of industrial applications.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=7162677
Asia-Pacific: The leading market for industrial plugs & sockets
In this report, the industrial plugs & sockets market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Asia-Pacific is expected to dominate the global industrial plugs & sockets market, given the increasing construction and development activities in countries such as India and China.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the industrial plugs & sockets market. These players include Legrand SA (France), Amphenol Corporation (U.S.), Mennekes (Germany), and Marechal Electric Company (France). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
Purchase Complete Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=7162677
About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Browse 69 market data Tables and 42 Figures spread through 134 Pages and in-depth TOC on "Industrial Plugs & Sockets Market - Global Forecast to 2021 " <||>rnhttp://www.marketsandmarkets.com/Market-Reports/industrial-plug-socket-market-7162677.html
The heavy industry segment is expected to hold the largest share of the industrial plugs & sockets market, by end-user, during the forecast period
The heavy industry segment led the industrial plugs & sockets market in 2015, and is projected to dominate the market during the forecast period. The heavy industry segment is expected to grow at the fastest rate during the forecast period. This segment is primarily driven by the growth of the automobile, food processing, and textile industries, and is expected to create new revenue pockets for the industrial plugs & sockets market during the forecast period.
Dustproof & splash-proof to be the fastest growing segment in the industrial plugs & sockets market
With regard to the protection segment, dustproof & splash-proof industrial plugs & sockets are expected to constitute the fastest growing market from 2016 to 2021. These have wide industrial application, unlike water-proof industrial plugs & sockets, which have a limited set of industrial applications.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=7162677
Asia-Pacific: The leading market for industrial plugs & sockets
In this report, the industrial plugs & sockets market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Asia-Pacific is expected to dominate the global industrial plugs & sockets market, given the increasing construction and development activities in countries such as India and China.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the industrial plugs & sockets market. These players include Legrand SA (France), Amphenol Corporation (U.S.), Mennekes (Germany), and Marechal Electric Company (France). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
Purchase Complete Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=7162677
About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results