Global Wiring Device Manufacturing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Voltage;

Low Voltage, Medium Voltage, High Voltage, and Extra High Voltage.

By Installation;

Overhead Segment and Underground Segment.

By End-Use;

Aerospace & Defence, Automotive, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn208783801 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Wiring Device Manufacturing Market (USD Million), 2021 - 2031

In the year 2024, the Global Wiring Device Manufacturing Market was valued at USD 8,519.54 million. The size of this market is expected to increase to USD 17,356.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.

The global wiring device manufacturing market is pivotal in supplying essential components that form the backbone of electrical infrastructure across residential, commercial, and industrial sectors worldwide. Wiring devices encompass a broad range of products essential for electrical installations, including switches, outlets, plugs, sockets, and connectors. These devices play a critical role in ensuring safe and efficient electrical distribution, power management, and connectivity within buildings and infrastructure.

Key drivers of the wiring device manufacturing market include rapid urbanization, industrialization, and the increasing demand for electricity across emerging and developed economies. In residential applications, wiring devices are fundamental to everyday living, providing households with reliable access to power for lighting, appliances, and electronic devices. Commercial buildings rely on these devices to support diverse electrical systems, from office spaces and retail outlets to healthcare facilities and educational institutions, ensuring seamless operations and safety compliance.

Industrial sectors heavily depend on wiring devices for powering machinery, equipment, and automated systems critical for manufacturing processes. The market's growth is further propelled by technological advancements in smart and energy-efficient devices, which integrate functionalities such as remote control, automation, and energy monitoring. These innovations cater to the evolving needs of consumers and businesses seeking sustainable and connected solutions that enhance operational efficiency and reduce energy consumption.

Geographically, the global wiring device manufacturing market spans regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, each contributing uniquely to market dynamics. Manufacturers in these regions focus on innovation, quality standards, and regulatory compliance to meet local and international market demands, driving competitiveness and fostering continuous advancements in wiring device technologies. As the global economy expands and infrastructure investments grow, the wiring device manufacturing market is poised for sustained growth, supporting the modernization and electrification of diverse applications worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Voltage
    2. Market Snapshot, By Installation
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Wiring Device Manufacturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Urbanization and Construction Activities
        2. Technological Advancements
        3. Stringent Regulations and Safety Standards
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Intense Competition
        3. Complexity in Product Standards and Certification
      3. Opportunities
        1. Expansion in Smart Homes and Buildings
        2. Renewable Energy Integration
        3. Emerging Markets and Infrastructure Projects
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Wiring Device Manufacturing Market, By Voltage, 2021 - 2031 (USD Million)
      1. Low Voltage
      2. Medium Voltage
      3. High Voltage
      4. Extra High Voltage
    2. Global Wiring Device Manufacturing Market, By Installation, 2021 - 2031 (USD Million)
      1. Overhead Segment
      2. Underground Segment
    3. Global Wiring Device Manufacturing Market, By End-Use, 2021 - 2031 (USD Million)
      1. Aerospace & Defence
      2. Automotive
      3. Building & Construction
      4. Oil & Gas
      5. Energy & Power
      6. IT & Telecommunication
      7. Others
    4. Global Wiring Device Manufacturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Legrand Group
      2. Schneider Electric SE
      3. Eaton Corporation plc
      4. Siemens AG
      5. Leviton Manufacturing Co., Inc.
      6. ABB Ltd.
      7. Hubbell Incorporated
      8. Prysmian Group
      9. Panasonic Corporation
      10. Lutron Electronics Co., Inc.
  7. Analyst Views
  8. Future Outlook of the Market