Factors such as increase in installation of plugs and sockets in the U.S. residential sector, rise in demand for dustproof, splash proof plugs & sockets due to high-resistant to current & water both, surge in adoption of electrical appliance across industry verticals, and heavy investment in military and submarine sector majorly drive the growth of the market. However, increase in investment in wireless communication infrastructure act majorly restraints the demand for wired pin and sleeve devices in the U.S. market. Furthermore, wide presence of data centers and increase in adoption of smart plugs and sockets are expected to provide lucrative growth opportunities to the market players in the U.S.
The U.S. pin and sleeve devices market is analyzed by type and end user. Based on type, it is segmented into receptacles, inlet, connectors, and plugs. By end user, the market is categorized into residential, commercial, and industrial sectors, among which the industrial segment is further sub-segmented into automotive, manufacturing, oil & gas, energy & power, and others.
The key players operating in the market ABB Ltd., Eaton Corporation, Emerson Electric, Meltric Corporation, Schneider Electric, Walther Electric, Inc., Amphenol Corporation, Hubbell Corporation, Mennekes Electrotecnik GmbH & Co. KG, and Legrand SA. are provided in this report.
KEY MARKET SEGMENTS
BY PRODUCT TYPE
o Oil & Gas
o Energy & Power
- Eaton Corporation plc
- ABB Ltd.
- Emerson Electric
- Meltric Corporation
- Schneider Electric
- Walther Electric, Inc.
- Amphenol Corporation
- Mennekes Electronik GmbH Co. KG.
- Legrand SA.
- Hubbell Corporation
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Porter’s Five Forces Analysis Shaping Pin and Sleev. Devices Market
3.3. Pricing Analysis
3.3.1. Pricing Analysis of Product A, By Product, 2018 & 2025
3.4. Patent Analysis
3.4.1. By Product (2011-2019)
3.4.2. Products by applicants
188.8.131.52. Connector by applicant
184.108.40.206. Receptacles by applicant
220.127.116.11. Plug by applicant
18.104.22.168. Inlet by applicant
3.5. Market dynamics
22.214.171.124. Growth in installation of plugs and sockets in U.S. residential sector
126.96.36.199. Rise in demand for dust proof & splash proof plugs & sockets
188.8.131.52. Growing adoption of electric appliances in various industrial vertical
184.108.40.206. Heavy investment in military and submarine sector
220.127.116.11. Surge in adoption of wireless communication devices
18.104.22.168. Growing shift towards adoption of smart plugs and sockets
22.214.171.124. Growing number of data centers
CHAPTER 4: U.S. PIN AND SLEEVE DEVICES MARKET, BY PRODUCT TYPES
4.1.1. Market size and forecast, by product type
4.2.1. Key market trends, growth factors, and opportunities
4.3.1. Key market trends, growth factors, and opportunities
4.4.1. Key market trends, growth factors, and opportunities
4.5.1. Key market trends, growth factors, and opportunities
CHAPTER 5: U.S. PIN AND SLEEVE DEVICES MARKET, BY END USER
5.1.1. Market size and forecast, by end user
5.2.1. Key market trends, growth factors, and opportunities
5.3.1. Key market trends, growth factors, and opportunities
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by industry
CHAPTER 6: COMPETITIVE LANDSCAPE
6.1.1. MARKET PLAYER POSITIONING, 2018
6.2. PRODUCT MAPPING OF TOP 10 PLAYER
6.3. COMPETITIVE DASHBOARD
6.4. COMPETITIVE HEATMAP
6.5. KEY DEVELOPMENTS
6.5.1. New product launches
6.5.2. Other developments
CHAPTER 7: COMPANY PROFILE
7.1. ABB Ltd.
7.1.1. Company overview
7.1.2. Key Executives
7.1.3. Company snapshot
7.1.4. Operating business segments
7.1.5. Product portfolio
7.1.6. Business performance
7.1.7. Key strategic moves and developments
7.2. Amphenol Corporation
7.2.1. Company overview
7.2.2. Key Executives
7.2.3. Company snapshot
7.2.4. Operating business segments
7.2.5. Product portfolio
7.2.6. Business performance
7.2.7. Key strategic moves and developments
7.3. Eaton Corporation
7.3.1. Company overview
7.3.2. Key Executives
7.3.3. Company snapshot
7.3.4. Operating business segments
7.3.5. Product portfolio
7.3.6. Business performance
7.3.7. Key strategic moves and developments
7.4. Emerson Electric Co
7.4.1. Company overview
7.4.2. Key Executives
7.4.3. Company snapshot
7.4.4. Operating business segments
7.4.5. Product portfolio
7.4.6. Business performance
7.4.7. Key strategic moves and developments
7.5. Hubbell Corporation
7.5.1. Company overview
7.5.2. Key Executives
7.5.3. Company snapshot
7.5.4. Operating business segments
7.5.5. Product portfolio
7.5.6. Business performance
7.5.7. Key strategic moves and developments
7.6. Legrand SA
7.6.1. Company overview
7.6.2. Key Executives
7.6.3. Company snapshot
7.6.4. Operating business segments
7.6.5. Product portfolio
7.6.6. Business performance
7.6.7. Key strategic moves and developments
7.7. Meltric Corporation
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.8. Mennekes Electronik GmbH Co. KG
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio
7.9. Schneider Electric
7.9.1. Company overview
7.9.2. Key Executives
7.9.3. Company snapshot
7.9.4. Operating business segments
7.9.5. Product portfolio
7.9.6. Business performance
7.9.7. Key strategic moves and developments
7.10. Walther Electric, Inc.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
Pin and sleeve devices are used in various electronic appliances in the form of sockets, plugs, receptacles, and inlet to provide secured and high-quality electrical connection. These devices protect the connection from abuse environments such as dust, chemical, moisture, and others. Pin and sleeve devices are used in electronic equipment, which indulge in power supply. These include welders, conveyors, compressors, and portable tools, lighting, home appliances, and others. Moreover, pin and sleeve devices are used in manufacturing, automotive, marine, and other industries for electric charging, power connectivity, and other applications.
Increase in demand for splash proof and dustproof sockets & plugs find its application mainly in construction sites, restrooms, and various other places. These dust proof and splash proof plugs and sockets offer benefits of fault-free electric circuits safe for human handling, which promotes its application in residential sectors as well. This in turn, drives the growth of the U.S. pin and sleeve devices market. Moreover, rise in adoption of electrical appliances in residential, commercial, and industrial sector, has also increased demand for cost-effective power connectivity devices such as plugs and receptacles. Also, some applications in automotive, oil & gas, manufacturing, and other industries need smooth flow of current in corrosive environments, wherein such watertight connectors and other pin and sleeve devices provide better results. These devices witness significant rise in demand among the end user.
In addition, rise in residential construction activity is also contributes toward the market growth, as the advancement in construction methods such as prefabricated homes and others has pre-installed sockets for use of electronics. Thus, growth in installation in plugs and sockets in residential sector also fuels the market growth. Furthermore, increase in shift toward the adoption of smart plugs and sockets and increase in number of data centers are expected to provide lucrative growth opportunities to market players in the U.S. However, increase in investment in wireless communication infrastructure acts as a major restraint, which hampers the market growth.
In 2018, the connectors segment dominated the U.S. pin and sleeve devices industry in terms of revenue in 2019 and is expected to follow the same trend during the forecast period, owing to rise in development of computing technologies, consumer electronics, and communication (3C). Moreover, the increase in investment in the U.S. military and submarine sector for power connectors also drives the growth of the connectors market in the U.S. Among the end user, residential sector secured the highest U.S. pin and sleeve devices market share of about 39.9% in 2018. However, there is rapid change in the U.S. pin and sleeve devices market trends in the industrial sector. This segment is expected to grow at the highest CAGR of 10.4% from 2019 to 2026.
Key Findings of the U.S. Pin and Sleeve Devices Market:
Based on type, the connectors segment is expected to generate the highest revenue in the U.S. pin and sleeve devices market during the forecast period.
Based on end user, the residential segment generated the highest market revenue in 2018.
The oil & gas industry in the U.S. is expected to be the fastest growing segment during the forecast period for U.S. Pin and Sleeve Devices Market.
The key U.S. pin and sleeve devices market leaders profiled in the report include ABB Ltd., Eaton corporation, Emerson Electric, Meltric Corporation, Schneider Electric, Walther Electric, Inc., Amphenol Corporation, LEGRAND SA, Hubbell Corporation, and Mennekes Electroteknik GmbH & Co. KG. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration, and business expansion to increase the market share during the forecast period.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.