Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global WIRING DEVICES market in this environment.
In terms of revenue, this research report indicated that the global WIRING DEVICES market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of WIRING DEVICES industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Leviton Manufacturing Co Inc. aims at producing XX WIRING DEVICES in 2020, with XX % production to take place in global market, Cooper Industries plc accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of WIRING DEVICES Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in WIRING DEVICES Market?
Leviton Manufacturing Co Inc.
Cooper Industries plc
SMK Corporation
Eaton Corporation
Hubbell Inc.
Schneider Electric SA
Legrand Group
Simon S.A.
ABB Incorporated
Panasonic
...
Major Type of WIRING DEVICES Covered in XYZResearch report:
Receptacles
Switches
Wall Plates
Application Segments Covered in XYZResearch Market
Commercial Buildings
Industrial Buildings
Residential Buildings
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global WIRING DEVICES Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Receptacles -Product Introduction and Major Manufacturers
1.1.2 Switches -Product Introduction and Major Manufacturers
1.1.3 Wall Plates -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global WIRING DEVICES Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China WIRING DEVICES Market
3.1.1 Top Companies leading WIRING DEVICES Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU WIRING DEVICES Market
3.2.1 Top Companies leading WIRING DEVICES Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA WIRING DEVICES Market
3.3.1 Top Companies leading WIRING DEVICES Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan WIRING DEVICES Market
3.4.1 Top Companies leading WIRING DEVICES Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India WIRING DEVICES Market
3.5.1 Top Companies leading WIRING DEVICES Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia WIRING DEVICES Market
3.6.1 Top Companies leading WIRING DEVICES Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America WIRING DEVICES Market
3.7.1 Top Companies leading WIRING DEVICES Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America WIRING DEVICES Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 WIRING DEVICES Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on WIRING DEVICES Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global WIRING DEVICES Sales and Growth Rate (2021-2026)
5.2 Global WIRING DEVICES Sales Value and Growth Rate (2021-2026)
6 WIRING DEVICES Competitive Analysis
6.1 Leviton Manufacturing Co Inc.
6.1.1 Leviton Manufacturing Co Inc. Company Profiles
6.1.2 Leviton Manufacturing Co Inc. Product Introduction
6.1.3 Leviton Manufacturing Co Inc. WIRING DEVICES Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Cooper Industries plc
6.2.1 Cooper Industries plc Company Profiles
6.2.2 Cooper Industries plc Product Introduction
6.2.3 Cooper Industries plc WIRING DEVICES Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 SMK Corporation
6.3.1 SMK Corporation Company Profiles
6.3.2 SMK Corporation Product Introduction
6.3.3 SMK Corporation WIRING DEVICES Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Eaton Corporation
6.4.1 Eaton Corporation Company Profiles
6.4.2 Eaton Corporation Product Introduction
6.4.3 Eaton Corporation WIRING DEVICES Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Hubbell Inc.
6.5.1 Hubbell Inc. Company Profiles
6.5.2 Hubbell Inc. Product Introduction
6.5.3 Hubbell Inc. WIRING DEVICES Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Schneider Electric SA
6.6.1 Schneider Electric SA Company Profiles
6.6.2 Schneider Electric SA Product Introduction
6.6.3 Schneider Electric SA WIRING DEVICES Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Legrand Group
6.7.1 Legrand Group Company Profiles
6.7.2 Legrand Group Product Introduction
6.7.3 Legrand Group WIRING DEVICES Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Simon S.A.
6.8.1 Simon S.A. Company Profiles
6.8.2 Simon S.A. Product Introduction
6.8.3 Simon S.A. WIRING DEVICES Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 ABB Incorporated
6.9.1 ABB Incorporated Company Profiles
6.9.2 ABB Incorporated Product Introduction
6.9.3 ABB Incorporated WIRING DEVICES Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Panasonic
6.10.1 Panasonic Company Profiles
6.10.2 Panasonic Product Introduction
6.10.3 Panasonic WIRING DEVICES Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion
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