Electric Plugs and Sockets Market is segmented By Type (Three-pin, Two-pin, Four-pin, Five-pin), By ...
Market Size in USD Bn
CAGR5.8%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 5.8% |
Market Concentration | Medium |
Major Players | Schneider Electric S.E., Asea Brown Boveri Ltd. (ABB), Legrand S.A., Eaton Corporation plc., Mennekes Elektrotechnik GmbH & Co. KG and Among Others |
The electric plugs and sockets market is estimated to be valued at USD 14.16 Bn in 2025 and is expected to reach USD 21.01 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032. The steady growth of the real estate and construction sectors across the globe is driving the need for electrical systems and components such as plugs and sockets in residential and commercial applications.