The global wiring devices market is on an upward trajectory, forecast to expand from US$ 61.8 Bn in 2025 to a remarkable US$ 91.7 Bn by 2032, registering a compound annual growth rate (CAGR) of 5.6%. This substantial growth is primarily propelled by the increasing adoption of smart technologies, rising construction and renovation activities, and a growing demand for advanced and energy-efficient electrical systems across both residential and commercial settings.
A significant trend reshaping the market is the integration of smart technologies and Internet of Things (IoT) capabilities into wiring devices. These innovations are delivering automation, real-time monitoring, and improved control over energy consumption. The rising popularity of smart homes and building automation is accelerating the adoption of such advanced wiring solutions.
Current carrying devices are projected to dominate the market, accounting for 45.1% of the share in 2025. These include switches, sockets, and circuit protection devices, all of which are essential for power distribution and system safety.
In India, for instance, the Bureau of Energy Efficiency reported total energy savings of 53.60 million tonnes of oil equivalent (Mtoe) in 2023-24, showcasing the effectiveness of energy efficiency programs and reflecting the growing demand for advanced wiring devices.
Additionally, the widespread adoption of electric vehicles (EVs) is creating new avenues for growth. Specialized wiring devices are required for EV charging stations, and as global EV adoption accelerates, this segment of the market is expected to experience rapid expansion.
Companies that can offer high-capacity, safe, and intelligent wiring solutions for EV infrastructure will be well-positioned to capitalize on this surging demand. Moreover, innovations such as remote monitoring, load management, and dynamic pricing are expected to play a central role in shaping the future of this segment.
Smart city projects and green building initiatives worldwide also offer lucrative opportunities. Governments are investing in technologies that enhance urban efficiency, including integrated electrical and renewable energy systems. Wiring devices that support these goals, such as those made from recyclable materials and equipped with real-time control capabilities, are gaining traction.
China’s Smart City Development Plan, India’s Smart Cities Mission, and South Korea’s Green New Deal are notable initiatives driving the market forward. Japan’s commitment to carbon neutrality by 2050 is also increasing demand for renewable energy solutions, in turn necessitating sophisticated wiring systems.
North America, particularly the United States and Canada, is witnessing rising consumer interest in smart, connected wiring devices. Homeowners are embracing products that offer voice control, mobile connectivity, and energy monitoring. The region’s focus on residential retrofitting, aging infrastructure upgrades, and growth in data centers further contributes to the strong demand for advanced electrical components.
The U.S. Department of Energy has highlighted that data centers alone accounted for 4.4% of the nation’s electricity use in 2023-a figure projected to grow to as much as 12% by 2028. This uptick drives the need for efficient and safe wiring systems.
Europe is also seeing significant traction, particularly due to its focus on energy efficiency and renewable energy integration. Germany, the UK, and Spain are leading the way with investments in smart homes, green infrastructure, and sustainable energy systems. Ofgem’s recent £4 billion investment in the UK’s electricity grid exemplifies this trend.
In March 2025, ELEGRP launched TrapConnect, a tool-free wiring system that uses elastic clamps for quick, reliable wire connections. The product’s user-friendly design makes it ideal for residential and commercial applications.
In August 2024, Schneider Electric integrated Matter protocols into its X Series smart devices, improving compatibility with major home automation ecosystems. These devices allow real-time energy monitoring, giving users greater control over electricity use.
This product will be delivered within 1-3 business days.
Market Insights
Wiring devices play a critical role in ensuring the safety and efficiency of electrical systems in various applications, including residential, commercial, and industrial sectors. As the global population becomes increasingly concerned about electrical hazards and energy efficiency, manufacturers are introducing devices with enhanced safety features such as surge protection, grounding options, and smart circuit breakers.A significant trend reshaping the market is the integration of smart technologies and Internet of Things (IoT) capabilities into wiring devices. These innovations are delivering automation, real-time monitoring, and improved control over energy consumption. The rising popularity of smart homes and building automation is accelerating the adoption of such advanced wiring solutions.
Current carrying devices are projected to dominate the market, accounting for 45.1% of the share in 2025. These include switches, sockets, and circuit protection devices, all of which are essential for power distribution and system safety.
Key Market Drivers
One of the primary drivers influencing the wiring devices market is the global shift toward energy conservation and sustainability. Governments across the world are implementing stricter energy efficiency regulations and offering incentives to encourage the use of smart, energy-saving electrical products. Devices such as energy-efficient outlets, smart switches, and circuit breakers not only enhance convenience but also help consumers and businesses reduce power consumption and lower utility costs.In India, for instance, the Bureau of Energy Efficiency reported total energy savings of 53.60 million tonnes of oil equivalent (Mtoe) in 2023-24, showcasing the effectiveness of energy efficiency programs and reflecting the growing demand for advanced wiring devices.
Additionally, the widespread adoption of electric vehicles (EVs) is creating new avenues for growth. Specialized wiring devices are required for EV charging stations, and as global EV adoption accelerates, this segment of the market is expected to experience rapid expansion.
Business Opportunity
The global transition towards electric mobility, coupled with smart grid development, presents a significant business opportunity for wiring device manufacturers. The EV revolution alone is set to drive monumental changes in wiring infrastructure requirements. In the U.S., for example, approximately 28 million EV charging ports will be required by 2030 to support 33 million electric vehicles, according to the Department of Energy.Companies that can offer high-capacity, safe, and intelligent wiring solutions for EV infrastructure will be well-positioned to capitalize on this surging demand. Moreover, innovations such as remote monitoring, load management, and dynamic pricing are expected to play a central role in shaping the future of this segment.
Smart city projects and green building initiatives worldwide also offer lucrative opportunities. Governments are investing in technologies that enhance urban efficiency, including integrated electrical and renewable energy systems. Wiring devices that support these goals, such as those made from recyclable materials and equipped with real-time control capabilities, are gaining traction.
Regional Analysis
Asia Pacific is projected to lead the global wiring devices market, commanding more than 35% market share by 2025. Rapid urbanization, industrialization, and smart city development in countries like China, India, and Indonesia are boosting demand for modern infrastructure and advanced electrical systems.China’s Smart City Development Plan, India’s Smart Cities Mission, and South Korea’s Green New Deal are notable initiatives driving the market forward. Japan’s commitment to carbon neutrality by 2050 is also increasing demand for renewable energy solutions, in turn necessitating sophisticated wiring systems.
North America, particularly the United States and Canada, is witnessing rising consumer interest in smart, connected wiring devices. Homeowners are embracing products that offer voice control, mobile connectivity, and energy monitoring. The region’s focus on residential retrofitting, aging infrastructure upgrades, and growth in data centers further contributes to the strong demand for advanced electrical components.
The U.S. Department of Energy has highlighted that data centers alone accounted for 4.4% of the nation’s electricity use in 2023-a figure projected to grow to as much as 12% by 2028. This uptick drives the need for efficient and safe wiring systems.
Europe is also seeing significant traction, particularly due to its focus on energy efficiency and renewable energy integration. Germany, the UK, and Spain are leading the way with investments in smart homes, green infrastructure, and sustainable energy systems. Ofgem’s recent £4 billion investment in the UK’s electricity grid exemplifies this trend.
Competitive Landscape
The competitive landscape of the global wiring devices market is marked by innovation and strategic investments in smart technologies. Key players are increasingly focusing on integrating IoT and energy-efficient features into their product lines. Their goal is to enhance functionality while aligning with global sustainability goals.In March 2025, ELEGRP launched TrapConnect, a tool-free wiring system that uses elastic clamps for quick, reliable wire connections. The product’s user-friendly design makes it ideal for residential and commercial applications.
In August 2024, Schneider Electric integrated Matter protocols into its X Series smart devices, improving compatibility with major home automation ecosystems. These devices allow real-time energy monitoring, giving users greater control over electricity use.
Leading players in the market include:
- Legrand
- Schneider Electric
- Panasonic Corporation
- ABB
- Honeywell International, Inc.
- Eaton Corporation
- TE Connectivity
- Hubbell Incorporated
- SMK Corporation
- IPEX Electrical Inc
- Lex Products
Segmentation
By Product:
Current Carrying Devices:
- Electric Switches
- Receptacles
- Connectors
- Circuit Protection Devices
- Miscellaneous
Circuit Protection Devices:
- Circuit Breakers
- Fuses
- Miscellaneous
Non-current Carrying Devices:
- Conduit, Trunking, and Raceways
- Electric Insulator
- Faceplates
- Miscellaneous
By Application:
- Industrial
- Residential
- Commercial
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Market Overview
3. Global Wiring Devices Market Outlook, 2019-2032
4. North America Wiring Devices Market Outlook, 2019-2032
5. Europe Wiring Devices Market Outlook, 2019-2032
6. Asia Pacific Wiring Devices Market Outlook, 2019-2032
7. Latin America Wiring Devices Market Outlook, 2019-2032
8. Middle East & Africa Wiring Devices Market Outlook, 2019-2032
9. Competitive Landscape
10. Appendix
Companies Mentioned
- Legrand
- Schneider Electric
- Panasonic Corporation
- ABB
- Honeywell International, Inc.
- Eaton Corporation
- TE Connectivity
- Hubbell Incorporated
- SMK Corporation
- IPEX Electrical Inc
- Lex Products
