Global Grounding Plug Market Growth 2024-2030

Global Grounding Plug Market Growth 2024-2030

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 Grounding Plug market size is projected to grow from US$ 277 million in 2024 to US$ 378 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Grounding Plug Industry Forecast” looks at past sales and reviews total world Grounding Plug sales in 2023, providing a comprehensive analysis by region and market sector of projected Grounding Plug sales for 2024 through 2030. With Grounding Plug sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grounding Plug industry.

This Insight Report provides a comprehensive analysis of the global Grounding Plug landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grounding Plug portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grounding Plug market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grounding Plug and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grounding Plug.

United States market for Grounding Plug is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Grounding Plug is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Grounding Plug is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Grounding Plug players cover Leviton, GE, ELEGRP, RVGUARD, Miady, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Grounding Plug market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
15 Amp
20 Amp
30 Amp
50 Amp
Others

Segmentation by Application:
Industrial
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Leviton
GE
ELEGRP
RVGUARD
Miady
Kohree
Journeyman-Pro
TNP Products
Hubbell
Legrand SA
Eaton
Schneider
ABB

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grounding Plug market?

What factors are driving Grounding Plug market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Grounding Plug market opportunities vary by end market size?

How does Grounding Plug break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.