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Synopsis
The global Wire Connector market size was valued at USD 603 million in 2022 and is forecast to a readjusted size of USD 831 million by 2029 with a CAGR of 4.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Wire Connector include Wago and Ideal Industries. They hold a share over 26%.
North America is the largest market, has a share about 32%, followed by Europe and China, with share 31% and 29%, separately.
In terms of product type, Push-In Connectors is the largest segment, occupied for a share of 41%, and in terms of application, Commercial has a share about 40%.
Connectors are parts or devices used for electrically connecting or disconnecting circuits etc. They can connect and disconnect by hands or with simple tools without requiring special tools or processes such as soldering.
Wire connectors are used to safely and easily join two or more cables or sets of wires during electrical work. Available in a wide range of different types for various applications, wire connectors are an electrician's toolbox essential, often helping to reduce wiring time by up to 50%. Electrical connectors are designed to ensure the safe and secure connection point and are suitable for stranded, solid or flexible conductors.
This report is a detailed and comprehensive analysis for global Wire Connector market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
- Global Wire Connector market size and forecasts, in consumption value ($ Million), sales quantity (M units), and average selling prices (USD/K Unit), 2018-2029
- Global Wire Connector market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M units), and average selling prices (USD/K Unit), 2018-2029
- Global Wire Connector market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M units), and average selling prices (USD/K Unit), 2018-2029
- Global Wire Connector market shares of main players, shipments in revenue ($ Million), sales quantity (M units), and ASP (USD/K Unit), 2018-2023
The Primary Objectives in This Report Are:
- To determine the size of the total market opportunity of global and key countries
- To assess the growth potential for Wire Connector
- To forecast future growth in each product and end-use market
- To assess competitive factors affecting the marketplace
This report profiles key players in the global Wire Connector market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 3M, ECM Industries (nVent), Heavy Power, Ideal Industries and ABB, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Wire Connector market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Lever Action Connectors
- Push-In Connectors
- Others
Market segment by Application
- Residential
- Commercial
- Industrial
Major players covered
- 3M
- ECM Industries (nVent)
- Heavy Power
- Ideal Industries
- ABB
- TE Connectivity
- Wago
- Giantlok
- Molex
- TAMCO
- Legrand
- Hua Wei Industrial
- Wonke Electric
- DiversiTech
- NSI Industries
- Zhejiang Suodi Electric
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 Wire Connector product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wire Connector, with price, sales, revenue and global market share of Wire Connector from 2018 to 2023.
Chapter 3, the Wire Connector competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wire Connector breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2022.and Wire Connector market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wire Connector.
Chapter 14 and 15, to describe Wire Connector sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Wire Connector
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Wire Connector Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Lever Action Connectors
1.3.3 Push-In Connectors
1.3.4 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global Wire Connector Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Residential
1.4.3 Commercial
1.4.4 Industrial
1.5 Global Wire Connector Market Size & Forecast
1.5.1 Global Wire Connector Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Wire Connector Sales Quantity (2018-2029)
1.5.3 Global Wire Connector Average Price (2018-2029)
2 Manufacturers Profiles
2.1 3M
2.1.1 3M Details
2.1.2 3M Major Business
2.1.3 3M Wire Connector Product and Services
2.1.4 3M Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 3M Recent Developments/Updates
2.2 ECM Industries (nVent)
2.2.1 ECM Industries (nVent) Details
2.2.2 ECM Industries (nVent) Major Business
2.2.3 ECM Industries (nVent) Wire Connector Product and Services
2.2.4 ECM Industries (nVent) Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 ECM Industries (nVent) Recent Developments/Updates
2.3 Heavy Power
2.3.1 Heavy Power Details
2.3.2 Heavy Power Major Business
2.3.3 Heavy Power Wire Connector Product and Services
2.3.4 Heavy Power Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Heavy Power Recent Developments/Updates
2.4 Ideal Industries
2.4.1 Ideal Industries Details
2.4.2 Ideal Industries Major Business
2.4.3 Ideal Industries Wire Connector Product and Services
2.4.4 Ideal Industries Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Ideal Industries Recent Developments/Updates
2.5 ABB
2.5.1 ABB Details
2.5.2 ABB Major Business
2.5.3 ABB Wire Connector Product and Services
2.5.4 ABB Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 ABB Recent Developments/Updates
2.6 TE Connectivity
2.6.1 TE Connectivity Details
2.6.2 TE Connectivity Major Business
2.6.3 TE Connectivity Wire Connector Product and Services
2.6.4 TE Connectivity Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 TE Connectivity Recent Developments/Updates
2.7 Wago
2.7.1 Wago Details
2.7.2 Wago Major Business
2.7.3 Wago Wire Connector Product and Services
2.7.4 Wago Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Wago Recent Developments/Updates
2.8 Giantlok
2.8.1 Giantlok Details
2.8.2 Giantlok Major Business
2.8.3 Giantlok Wire Connector Product and Services
2.8.4 Giantlok Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Giantlok Recent Developments/Updates
2.9 Molex
2.9.1 Molex Details
2.9.2 Molex Major Business
2.9.3 Molex Wire Connector Product and Services
2.9.4 Molex Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Molex Recent Developments/Updates
2.10 TAMCO
2.10.1 TAMCO Details
2.10.2 TAMCO Major Business
2.10.3 TAMCO Wire Connector Product and Services
2.10.4 TAMCO Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 TAMCO Recent Developments/Updates
2.11 Legrand
2.11.1 Legrand Details
2.11.2 Legrand Major Business
2.11.3 Legrand Wire Connector Product and Services
2.11.4 Legrand Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Legrand Recent Developments/Updates
2.12 Hua Wei Industrial
2.12.1 Hua Wei Industrial Details
2.12.2 Hua Wei Industrial Major Business
2.12.3 Hua Wei Industrial Wire Connector Product and Services
2.12.4 Hua Wei Industrial Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Hua Wei Industrial Recent Developments/Updates
2.13 Wonke Electric
2.13.1 Wonke Electric Details
2.13.2 Wonke Electric Major Business
2.13.3 Wonke Electric Wire Connector Product and Services
2.13.4 Wonke Electric Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Wonke Electric Recent Developments/Updates
2.14 DiversiTech
2.14.1 DiversiTech Details
2.14.2 DiversiTech Major Business
2.14.3 DiversiTech Wire Connector Product and Services
2.14.4 DiversiTech Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 DiversiTech Recent Developments/Updates
2.15 NSI Industries
2.15.1 NSI Industries Details
2.15.2 NSI Industries Major Business
2.15.3 NSI Industries Wire Connector Product and Services
2.15.4 NSI Industries Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 NSI Industries Recent Developments/Updates
2.16 Zhejiang Suodi Electric
2.16.1 Zhejiang Suodi Electric Details
2.16.2 Zhejiang Suodi Electric Major Business
2.16.3 Zhejiang Suodi Electric Wire Connector Product and Services
2.16.4 Zhejiang Suodi Electric Wire Connector Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Zhejiang Suodi Electric Recent Developments/Updates
3 Competitive Environment: Wire Connector by Manufacturer
3.1 Global Wire Connector Sales Quantity by Manufacturer (2018-2023)
3.2 Global Wire Connector Revenue by Manufacturer (2018-2023)
3.3 Global Wire Connector Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Wire Connector by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Wire Connector Manufacturer Market Share in 2022
3.4.2 Top 6 Wire Connector Manufacturer Market Share in 2022
3.5 Wire Connector Market: Overall Company Footprint Analysis
3.5.1 Wire Connector Market: Region Footprint
3.5.2 Wire Connector Market: Company Product Type Footprint
3.5.3 Wire Connector Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Wire Connector Market Size by Region
4.1.1 Global Wire Connector Sales Quantity by Region (2018-2029)
4.1.2 Global Wire Connector Consumption Value by Region (2018-2029)
4.1.3 Global Wire Connector Average Price by Region (2018-2029)
4.2 North America Wire Connector Consumption Value (2018-2029)
4.3 Europe Wire Connector Consumption Value (2018-2029)
4.4 Asia-Pacific Wire Connector Consumption Value (2018-2029)
4.5 South America Wire Connector Consumption Value (2018-2029)
4.6 Middle East and Africa Wire Connector Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Wire Connector Sales Quantity by Type (2018-2029)
5.2 Global Wire Connector Consumption Value by Type (2018-2029)
5.3 Global Wire Connector Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Wire Connector Sales Quantity by Application (2018-2029)
6.2 Global Wire Connector Consumption Value by Application (2018-2029)
6.3 Global Wire Connector Average Price by Application (2018-2029)
7 North America
7.1 North America Wire Connector Sales Quantity by Type (2018-2029)
7.2 North America Wire Connector Sales Quantity by Application (2018-2029)
7.3 North America Wire Connector Market Size by Country
7.3.1 North America Wire Connector Sales Quantity by Country (2018-2029)
7.3.2 North America Wire Connector Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Wire Connector Sales Quantity by Type (2018-2029)
8.2 Europe Wire Connector Sales Quantity by Application (2018-2029)
8.3 Europe Wire Connector Market Size by Country
8.3.1 Europe Wire Connector Sales Quantity by Country (2018-2029)
8.3.2 Europe Wire Connector Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Wire Connector Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Wire Connector Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Wire Connector Market Size by Region
9.3.1 Asia-Pacific Wire Connector Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Wire Connector Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Wire Connector Sales Quantity by Type (2018-2029)
10.2 South America Wire Connector Sales Quantity by Application (2018-2029)
10.3 South America Wire Connector Market Size by Country
10.3.1 South America Wire Connector Sales Quantity by Country (2018-2029)
10.3.2 South America Wire Connector Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Wire Connector Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Wire Connector Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Wire Connector Market Size by Country
11.3.1 Middle East & Africa Wire Connector Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Wire Connector Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Wire Connector Market Drivers
12.2 Wire Connector Market Restraints
12.3 Wire Connector Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Wire Connector and Key Manufacturers
13.2 Manufacturing Costs Percentage of Wire Connector
13.3 Wire Connector Production Process
13.4 Wire Connector Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Wire Connector Typical Distributors
14.3 Wire Connector Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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