Quick Summary:
Exploring the intricacies of the burgeoning Production Sockets market, this extensive report offers a comprehensive analysis of the sector's exponential growth forecasted at $3.1 Billion by 2030. As business leaders, staying abreast of the robust trends shaping the technological advances within this industry is crucial for nuanced decision-making and strategic planning.
Notably, the Production Sockets market in the U.S. is projected at an impressive $444.2 Million in 2022. Conversely, China is also expected to experience a significant growth trajectory with a CAGR of 13.5% from 2022 to 2030. This report also provides a unique insight into key competitors, including ABB, Eaton, and Emerson Electric, among others. Additionally, readers can benefit from special features such as global competitiveness, market presence across multiple geographies, and online interactive peer-to-peer collaborative updates. Furthermore, a complimentary one-year update is included, providing constant access to the latest industry data and developments.
Global Production Sockets Market to Reach $3.1 Billion by 2030
The global market for Production Sockets estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$3.1 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.
The U.S. Market is Estimated at $444.2 Million, While China is Forecast to Grow at 13.5% CAGR
The Production Sockets market in the U.S. is estimated at US$444.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$752 Million by the year 2030 trailing a CAGR of 13.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.Select Competitors (Total 38 Featured) -
- ABB
- Amphenol Corporation
- Eaton
- Emerson Electric
- Legrand
- Marechal Electric Group
- Mennekes
- Palazolli Group
- SCAME Group
- Schneider Electric
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Production Sockets?
What is the growth rate of the Global Market for Production Sockets?
What is the forecasted size of the Global Market for Production Sockets?
Who are the key companies in the Global Market for Production Sockets?
| Report Attribute | Details |
|---|---|
| No. of Pages | 91 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.6 Billion |
| Forecasted Market Value ( USD | $ 3.1 Billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB
- Amphenol Corporation
- Eaton
- Emerson Electric
- Legrand
- Marechal Electric Group
- Mennekes
- Palazolli Group
- SCAME Group
- Schneider Electric
