"Actionable Insights to Fuel Your Growth"

Wiring Devices Market Size, Share & Industry Analysis, By Type (Current carrying, Non-current carrying), By Products (Receptacle, Switches, Others), By End-User (Residential, Commercial, Industrial) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105743 | Status : Ongoing



Electrical systems need a constant flow of electricity to function properly. Along with that, there are various devices necessary for the proper functioning of such electrical systems. Wiring devices are mostly used in electrical control systems that use low voltages. They are devices that connect or join points for appliances, lighting control, sockets, and switches. Both current-carrying and without current flow wiring devices exist, with specific functions vital for the smooth functioning of electrical circuits and systems.

Based on type, the wiring devices market is segmented into current-carrying and non-current carrying devices. The current-carrying segment is expected to dominate the markets and boost the wiring devices market owing to the popularity of the electric switch. In addition, the estimated trajectory of the receptacle devices is also on the rise. In certain regions of Asia-Pacific, the current-carrying segment is performing exceptionally well. These performances of wiring devices have generated favorable demand across regions and are expected to contribute to the growth of the wiring devices market.

Based on the end-user, the global market of wiring devices market comprises residential, commercial, and industrial. A steady increase in the construction activities and subsequently the electrification of residential areas in the developing and developed nations worldwide are expected in the forecast period. Consumers are willing to spend more to get a better electrical system in place, with a visible increase in private spending. Due to the increased spending, the residential and commercial segments are on a path to perform well and help the market grow.

Several nations are developing rapidly and progressing towards urbanization and electrification at a rapid pace. Countries like India, where urbanization is growing rapidly, are constructing residential buildings, hotels and focusing on tourism. These activities promote electrification, thus, leading to the growth of the wiring devices market. The consumption of electricity is at an all-time high, resulting in increased consumer and private spending. The usage of wiring devices has also increased with the increase in construction activities, giving a positive boost to the wiring devices market.

Increasingly frequent power outages due to the fluctuating voltage levels across residential areas are a major restraint for the wiring devices market. The rate of urbanization is rapid in up-and-coming economies, along with the demand for electrification. As a result, the very factors that act as market drivers can also cause restraints. Other restraints for the wiring devices market are the lack of availability of equipment, the increasing cost of materials needed to manufacture products, and the issue of shipping products worldwide. These factors are liable to stagnate the wiring devices market.

Key Market Driver -

Increasing construction activity, consumer spending and private spending

Key Market Restraint -

Increasing frequency of power cuts, equipment cost, availability and portability

Key Players Covered:

Some of the major companies in the wiring devices market ABB, Hubbell, Legrand, LLC, Leviton, Orel Corporation, OSRAM GmbH, Schneider Electric, Simon Electric Pvt. Ltd., Marinco Power Products, Molex, KEI, TE Connectivity, FURUKAWA ELECTRIC CO., LTD., VIMAL SWITCHES, and SMK Corporation.

Regional Analysis:

The wiring devices market is spread across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The most profitable and leading growing market for the wiring devices market in the Asia-Pacific region, due to increasing construction activities in countries such as China, Japan, India, Australia, and South Korea, which are developing nations and need an uninterrupted power supply. The potential for new projects in the Asia-pacific region is massive. The increasing awareness of the consumers also gives more opportunities to the wiring devices market. Increasing urbanization and electrification of residential areas also give more opportunities for the market to grow. Europe is the region to look out for in the forecast period. The massive electrification drive and the new grid structure are expected to provide huge opportunities for the wiring devices market.

To gain extensive insights into the market, Request for Customization




By Type

  • Current carrying

  • Non-current carrying

By Products

  • Receptacle

  • Switches

  • Others


By End-User

  • Residential

  • Commercial

  • Industrial


By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and the Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Key Industry Developments

  • On May 25, 2021, Honeywell launched its product, MK Aria, a low voltage decorative wiring device that is minimalistic and targeted at contemporary consumers. It supports usb type a+c and can connect with multiple devices at once, along with fast charging feature available.

  • On May 17, 2021, Schneider electric launched its Square D wiring device range with smart home feature enabled focused on interior design and aesthetic.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.