Global Home Electrical Consumables Market Growth 2023-2029

Global Home Electrical Consumables Market Growth 2023-2029

Electrical components that come in handy at homes, in industries, at workplaces, shopping malls, and retail outlets are known as electrical consumables. Home electrical consumables are key to all lighting-related activities in buildings. From running gadgets to lighting up spaces, home electrical consumables are at the heart of it all. Several components are available in this regard. There are several brands in this market space that are continuously coming up with innovative products that promise to deliver the best.

LPI (LP Information)' newest research report, the “Home Electrical Consumables Industry Forecast” looks at past sales and reviews total world Home Electrical Consumables sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Electrical Consumables sales for 2023 through 2029. With Home Electrical Consumables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Electrical Consumables industry.

This Insight Report provides a comprehensive analysis of the global Home Electrical Consumables 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 Home Electrical Consumables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Electrical Consumables market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Electrical Consumables 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 Home Electrical Consumables.

The global Home Electrical Consumables market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The increasing usage of electronics in the residential sector is identified as one of the primary growth factors for this market. Consumer electronics such as refrigerators, air conditioners, and TVs is a prime requirement for all household. The increasing disposable income and the need to have a hassle-free life have led people to depend on the usage of electronic appliances. The growth of the developing markets along with the consolidation of the established markets has fostered the purchase of more consumer electronics. Moreover, there is an increase in the sales of desktop PCs, laptops, tablets, and TVs, along with household appliances such as refrigerators. This growth in the adoption of electrical and electronics will significantly increase the demand for home electrical supplies.

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

Market Segmentation:

Segmentation by type
Plugs and Sockets
Extension Cords

Segmentation by application
Disposable
Reusable

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 analyzing the company's coverage, product portfolio, its market penetration.
ABB
Eaton
Legrand
Schneider Electric
Emerson
Havells India
Hengtong Electric
Koninklijke Philips
MENNEKES

Key Questions Addressed in this Report

What is the 10-year outlook for the global Home Electrical Consumables market?

What factors are driving Home Electrical Consumables market growth, globally and by region?

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

How do Home Electrical Consumables market opportunities vary by end market size?

How does Home Electrical Consumables break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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