US Pin and Sleeve Device Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Receptacle, Connector, Inlet, and Plug) and End User (Residential, Commercial, and Industrial)

TIPRE00015866 | Pages: 97 | Electronics and Semiconductor | Nov 2020 | Type: Regional | Status: Published

Market Introduction

The pin-and-sleeve devices are the preferred choice of the end consumers for secure and high-quality electrical connections in high-abuse environments, well-suited for power equipment including compressor, motor gen-sets, portable tools, conveyors, and lighting. These devices appropriately match the high-current power sources to the accurate equipment, integrating fused and switched interlock in corrosive or wet environments. If these devices are accurately selected, they can solve certain common challenges of installation. Pin-and-sleeve devices enable the insulation of the power supply from dirt, grime, moisture, and certain chemicals. These can be used for sealing the power connections against the environmental impact, avoid accidental disconnection under load, and offer high-end durability. These devices offer standardized designs at power ratings including 60A, 100A, 125A, and 200A.

Based on growth of the market, semiconductors is the fourth-largest export product in North America, following aircraft, refined oil, and automobiles business and it acts as a key driver for the US economic strengths. The US government has launched Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS for America Act) and the American Foundries Act. Both the mentioned acts plan to develop more semiconductor manufacturing and research as the government aims investment in mentioned areas assist the country’s semiconductor industry to grow. Booming semiconductor industry would help in propelling the manufacturing of pin and sleeve device.


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Market Overview and Dynamics
              

The US pin and sleeve device market was valued at US$ 14.8 billion in 2019 and is projected to reach US$ 27.9 billion by 2027; it is expected to grow at a CAGR of 8.6% from 2020 to 2027.

Rising demand for these products in the high-abuse environments with critical requirements is driving the growth of the pin and sleeve device market. Moreover, these devices provide high durability, ease of installation, and safety measures depending on the convenience of electrical connection. This is also contributing to the growth of the pin and sleeve device market.

In the US, increase in disposable income of the individuals is playing a significant role in fuelling the demand for different consumer electronics. There is an increase in sales of consumer electronics due to rising demand from the individuals for LED lights, devices used in home automation, and networking products. This would positively impact the production of semiconductors, including pin and sleeve devices. This factor is projected to influence the pin and sleeve device market growth in the US. Moreover, owing to rising investments by the IT & technological companies for technological developments, the country holds a strong technological infrastructure to introduce new technologies in the pin and sleeve device market.

 

Key Market Segments

Based on product type, the connector segment dominated the pin and sleeve device market. Barrel connectors, Molex connectors, IEC connectors, and JST connectors are a few connectors used in varied applications. Companies, such as, Leviton give a complete IEC 60309 system of connectors, plugs, inlets, and mechanical interlock devices for both new installations and retrofit to ensure better performance and safety in the critical power connections.

Based on end user, the industrial segment dominated the pin and sleeve device market. Growing use of smart plugs & sockets and dustproof sockets across the diversified industries is likely to promote the scope of pin and sleeve device market in the US.

 

 

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the pin and sleeve device market in US are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the pin and sleeve device market report are ABB Ltd., Amphenol Corporation, Eaton Corporation Plc, Emerson Electric, F. Walther Electric Corporation, Hubbell Inc., Legrand SA, Meltric Corporation, Mennekes, and Leviton Manufacturing Company, Inc.


 

Reasons to buy report

  • To understand the US pin and sleeve device market landscape and identifymarket segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for US pin and sleeve device market.
  • Efficiently plan M&A and partnership deals in US pin and sleeve device market by identifying market segments with the most promising probable sales
  • Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment in US pin and sleeve device market.
  • Obtain pin and sleeve device market revenue forecast by various segments from 2020-2027 in the US.

US PIN & SLEEVE DEVICE MARKET SEGMENTATION

By Product Type

  • Receptacle
  • Connector
  • Inlet
  • Plug

By End User

  • Residential
  • Commercial
  • Industrial

Company Profiles

  • ABB Ltd.
  • Amphenol Corporation
  • Eaton Corporation Plc
  • Emerson Electric
  • F. Walther Electric Corporation
  • Hubbell Inc.
  • Legrand SA
  • Meltric Corporation
  • Mennekes
  • Leviton Manufacturing Company, Inc.

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Pin and Sleeve Device Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        US – PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

4.5         Premium Insights

5.           Pin and Sleeve Device–Market Dynamics

5.1         Market Drivers

5.1.1        Rising usage in high abuse environments

5.1.2        Growing Industrial & Commercial Projects

5.2         Market Restraint

5.2.1        Increasing number of players providing low-quality devices

5.3         Market Opportunity

5.3.1        Increasing usage of Application-specific Devices

5.4         Future Trends

5.4.1        Advanced technological developments

5.5         Impact Analysis of Drivers and Restraints

6.           Pin and Sleeve Device Market – US Analysis

6.1         Pin and Sleeve Device Market US Overview

6.2         Pin and Sleeve Device Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – US Key Players

7.           Pin and Sleeve Device Market Analysis– By Product Type

7.1         Overview

7.2         Pin and Sleeve Device Market Breakdown, by Product Type, 2019 & 2027

7.3         Receptacle

7.3.1        Overview

7.3.2        Receptacle Market Revenue and Forecast to 2027 (US$ Million)

7.4         Connector

7.4.1        Overview

7.4.2        Connector Market Revenue and Forecast to 2027 (US$ Million)

7.5         Inlet

7.5.1        Overview

7.5.2        Inlet Market Revenue and Forecast to 2027 (US$ Million)

7.6         Plug

7.6.1        Overview

7.6.2        Plug Market Revenue and Forecast to 2027 (US$ Million)

8.           Pin and Sleeve Device Market Analysis– By End User

8.1         Overview

8.2         Pin and Sleeve Device Market Breakdown, by End User, 2019 & 2027

8.3         Residential

8.3.1        Overview

8.3.2        Residential Market Revenue and Forecast to 2027 (US$ Million)

8.4         Commercial

8.4.1        Overview

8.4.2        Commercial Market Revenue and Forecast to 2027 (US$ Million)

8.5         Industrial

8.5.1        Overview

8.5.2        Industrial Market Revenue and Forecast to 2027 (US$ Million)

9.           Impact OF COVID-19 Pandemic on US Pin and Sleeve Device Market

9.1         US: Impact assessment of COVID-19 Pandemic

10.        Industry Landscape

10.1      New Development

11.        Company Profiles

11.1      ABB Ltd.

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Amphenol Corporation

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Eaton Corporation plc

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Emerson Electric Co.

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Hubbell

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      MELTRIC CORPORATION

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      Leviton Manufacturing Co., Inc.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      F. Walther Electric Corporation

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      MENNEKES

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   LEGRAND SA

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms

LIST OF TABLES

Table 1.             Pin and Sleeve Device Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             Glossary of Term: Pin and Sleeve Device Market

LIST OF FIGURES

Figure 1.           Pin and Sleeve Device Market Segmentation

Figure 2.           The US Pin and Sleeve Device Market Overview

Figure 3.           Connector Segment to Show Remarkable Traction During Forecast Period

Figure 4.           Industrial Segment to Dominated the Market

Figure 5.           US – PEST Analysis

Figure 6.           Ecosystem Analysis

Figure 7.           Expert Opinion

Figure 8.           Pin and Sleeve Device Market Impact Analysis of Drivers and Restraints

Figure 9.           Pin and Sleeve Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 10.        Pin and Sleeve Device Market Breakdown, by Product Type (2019 and 2027)

Figure 11.        Receptacle Market Revenue and Forecast To 2027 (US$ Million)

Figure 12.        Connector Market Revenue and Forecast To 2027 (US$ Million)

Figure 13.        Inlet Market Revenue and Forecast To 2027 (US$ Million)

Figure 14.        Plug Market Revenue and Forecast To 2027 (US$ Million)

Figure 15.        Pin and Sleeve Device Market Breakdown, by End User (2019 and 2027)

Figure 16.        Residential Market Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Commercial Market Revenue and Forecast to 2027 (US$ Million)

Figure 18.           Industrial Market Revenue and Forecast to 2027 (US$ Million)

 

  1. ABB Ltd.
  2. Amphenol Corporation
  3. Eaton Corporation Plc
  4. Emerson Electric
  5. F. Walther Electric Corporation
  6. Hubbell Inc.
  7. Legrand SA
  8. Meltric Corporation
  9. Mennekes
  10. Leviton Manufacturing Company, Inc.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US pin and sleeve market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the US pin and sleeve market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth India market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

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