Global Grounding Plug Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Grounding Plug market size was valued at USD 264.7 million in 2023 and is forecast to a readjusted size of USD 369.6 million by 2030 with a CAGR of 4.9% during review period.
Grounding poles are there to send extra power into the ground and away from your devices. This wiring prevents power surges that could overload your device or result in electrical shock. A grounded plug is a three-pronged device, whereas a non-grounded plug has the standard two prongs.
The Global Info Research report includes an overview of the development of the Grounding Plug industry chain, the market status of Industrial (15 Amp, 20 Amp), Residential (15 Amp, 20 Amp), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grounding Plug.
Regionally, the report analyzes the Grounding Plug markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grounding Plug market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Grounding Plug market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grounding Plug industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 15 Amp, 20 Amp).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grounding Plug market.
Regional Analysis: The report involves examining the Grounding Plug market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grounding Plug market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Grounding Plug:
Company Analysis: Report covers individual Grounding Plug manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grounding Plug This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial, Residential).
Technology Analysis: Report covers specific technologies relevant to Grounding Plug. It assesses the current state, advancements, and potential future developments in Grounding Plug areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grounding Plug market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Grounding Plug market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
15 Amp
20 Amp
30 Amp
50 Amp
Others
Market segment by Application
Industrial
Residential
Commercial
Major players covered
Leviton
GE
ELEGRP
RVGUARD
Miady
Kohree
Journeyman-Pro
TNP Products
Hubbell
Legrand SA
Eaton
Schneider
ABB
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grounding Plug product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grounding Plug, with price, sales, revenue and global market share of Grounding Plug from 2019 to 2024.
Chapter 3, the Grounding Plug competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grounding Plug breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Grounding Plug market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grounding Plug.
Chapter 14 and 15, to describe Grounding Plug sales channel, distributors, customers, research findings and conclusion.