Global Light Switches and Electrical Sockets Market Outlook 2022

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.
Global Light Switches and Electrical Sockets key players include legrand, Schneider, Siemens, etc. Global top three manufacturers hold a share over 30%.
China is the largest market, with a share about 25%, followed by North America and Europe, both have a share over 40 percent.
In terms of product, Electrical Sockets is the largest segment, with a share about 55%. And in terms of application, the largest application is Residential Use, followed by Commercial Use, Industrial Use, etc.

Market Analysis and Insights: Global Light Switches and Electrical Sockets Market
The global Light Switches and Electrical Sockets market was valued at US$ 15350 million in 2020 and it is expected to reach US$ 21030 million by the end of 2027, growing at a CAGR of 4.6% during 2021-2027.

Global Light Switches and Electrical Sockets Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Light Switches and Electrical Sockets Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Light Switches
Electrical Sockets
Others

Segment by Application
Residential Use
Commercial Use
Industrial Use
Others

By Company
Legrand
Schneider
Siemens
ABB
Panasonic
Honeywell
BULL
Leviton
Simon
Lutron
T&J
Feidiao Electrical
Vimar SpA
Hubbell
SOBEN

Production by Region
North America
Europe
China
Japan
India
Southeast Asia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions