For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Light Switches and Electrical Sockets market for 2018-2023.
This report studies the Light Switches and Electrical Sockets market. In electrical wiring, a light switch is a switch, most commonly used to operate electric lights, permanently connected equipment, or electrical outlets. Electrical sockets are devices that allow electrically operated equipment to be connected to the primary power supply in a building.
The global market of Light Switches and Electrical Sockets Industry is really scattered due to the wide application and consumption scale. The top five industry leaders are legrand, Schneider, Siemens, ABB and Panasonic, accounting for 45.8% of the whole market in 2017.
The price of Light Switches and Electrical Sockets is slightly decreased in nearly five years. For being accorded with the corresponding application area, the product price has a large differences.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this areas, the future will still have more new investment enter the field.
Over the next five years, LPI(LP Information) projects that Light Switches and Electrical Sockets will register a 4.6% CAGR in terms of revenue, reach US$ 16900 million by 2023, from US$ 12900 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Light Switches and Electrical Sockets market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Light Switches
- Electrical Sockets
Segmentation by application:
- Residential Use
- Commercial Use
- Industrial Use
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Feidiao Electrical
- Vimar SpA
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Light Switches and Electrical Sockets consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Light Switches and Electrical Sockets market by identifying its various subsegments.
- Focuses on the key global Light Switches and Electrical Sockets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Light Switches and Electrical Sockets with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Light Switches and Electrical Sockets submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.