World - Lamp Holders, Plugs And Sockets - Market Analysis, Forecast, Size, Trends and Insights
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The global market for lamp holders, plugs, and sockets is projected to experience growth in both consumption volume and value from 2022 to 2030. Despite a decrease in consumption in 2022, overall consumption has shown a rising trend. The top consuming countries include Germany, China, and the United States. China is the largest producer of lamp holders, while Germany and the United States lead in exports. Electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts is the key type of lamp holders exported. The market is expected to continue its growth trajectory in the coming years.
Market Forecast
Driven by increasing demand for lamp holders, plugs and sockets worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +12.7% for the period from 2022 to 2030, which is projected to bring the market volume to 523B units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +15.2% for the period from 2022 to 2030, which is projected to bring the market value to $374.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Lamp Holders, Plugs And Sockets
In 2022, consumption of lamp holders, plugs and sockets decreased by -79.6% to 201B units for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed pronounced growth. As a result, consumption reached the peak volume of 985B units, and then reduced rapidly in the following year.
The global lamp holder market revenue contracted dramatically to $120.3B in 2022, which is down by -79% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed tangible growth. As a result, consumption reached the peak level of $572B, and then reduced markedly in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were Germany (22B units), China (22B units) and the United States (20B units), together comprising 32% of global consumption. India, Belgium, Russia, Japan, Indonesia, Nigeria, Pakistan, Malaysia, Bangladesh and Mexico lagged somewhat behind, together comprising a further 28%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Malaysia (with a CAGR of +18.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest lamp holder markets worldwide were the United States ($17.9B), Bangladesh ($10.2B) and Pakistan ($10B), with a combined 32% share of the global market. Japan, India, China, Nigeria, Germany, Mexico, Indonesia, Russia, Malaysia and Belgium lagged somewhat behind, together accounting for a further 23%.
Among the main consuming countries, Nigeria, with a CAGR of +13.8%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of lamp holder per capita consumption was registered in Belgium (610 units per person), followed by Germany (270 units per person), Malaysia (134 units per person) and the United States (60 units per person), while the world average per capita consumption of lamp holder was estimated at 25 units per person.
In Belgium, lamp holder per capita consumption expanded at an average annual rate of +4.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-3.0% per year) and Malaysia (+16.9% per year).
Production
World Production of Lamp Holders, Plugs And Sockets
In 2022, the amount of lamp holders, plugs and sockets produced worldwide amounted to 204B units, surging by 8.1% compared with the previous year. The total output volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 19% against the previous year. Global production peaked at 225B units in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
In value terms, lamp holder production reached $119B in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Over the period under review, global production hit record highs at $119.9B in 2018; however, from 2019 to 2022, production remained at a lower figure.
Production By Country
China (54B units) remains the largest lamp holder producing country worldwide, comprising approx. 26% of total volume. Moreover, lamp holder production in China exceeded the figures recorded by the second-largest producer, Germany (25B units), twofold. The third position in this ranking was taken by the United States (16B units), with an 8% share.
From 2012 to 2022, the average annual growth rate of volume in China amounted to +3.3%. In the other countries, the average annual rates were as follows: Germany (-2.1% per year) and the United States (+6.0% per year).
Imports
World Imports of Lamp Holders, Plugs And Sockets
Global lamp holder imports declined significantly to 64B units in 2022, waning by -92.5% against the year before. In general, imports, however, showed a notable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,478%. As a result, imports reached the peak of 860B units, and then contracted notably in the following year.
In value terms, lamp holder imports reached $23B in 2022. The total import value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports By Country
Germany (5.7B units), the United States (5.3B units), Malaysia (4.9B units), Hungary (3.5B units), the UK (3.3B units), the Netherlands (3B units), France (2.3B units), the Czech Republic (2B units), Mexico (1.9B units), Italy (1.8B units), Belgium (1.6B units) and Poland (1.5B units) represented roughly 57% of total imports in 2022. Russia (1.5B units) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +27.6%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the largest lamp holder importing markets worldwide were the United States ($3.5B), Germany ($3.1B) and Mexico ($1.2B), together comprising 34% of global imports.
Among the main importing countries, Mexico, with a CAGR of +13.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
Electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts (64B units) represented roughly 100% of total imports in 2022.
Electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts was also the fastest-growing in terms of imports, with a CAGR of +3.0% from 2012 to 2022. The shares of the largest types remained relatively stable throughout the analyzed period.
In value terms, electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts ($22.6B) constitutes the largest type of lamp holders, plugs and sockets imported worldwide, comprising 98% of global imports. The second position in the ranking was taken by electrical apparatus ($411M), with a 1.8% share of global imports.
From 2012 to 2022, the average annual rate of growth in terms of the value of electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts imports stood at +4.8%.
Import Prices By Type
In 2022, the average lamp holder import price amounted to $0.4 per unit, growing by 1,256% against the previous year. In general, the import price enjoyed modest growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major imported products. In 2022, the product with the highest price was electrical apparatus ($6.1 per unit), while the price for electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts totaled $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts (+1.7%).
Import Prices By Country
In 2022, the average lamp holder import price amounted to $0.4 per unit, with an increase of 1,256% against the previous year. Overall, the import price recorded a modest increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($0.7 per unit), while Malaysia ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Lamp Holders, Plugs And Sockets
In 2022, overseas shipments of lamp holders, plugs and sockets increased by 4.7% to 68B units, rising for the second consecutive year after two years of decline. In general, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 44% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, lamp holder exports totaled $24.3B in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.
Exports By Country
China represented the largest exporter of lamp holders, plugs and sockets in the world, with the volume of exports reaching 33B units, which was approx. 48% of total exports in 2022. It was distantly followed by Germany (8B units), creating a 12% share of total exports. The Czech Republic (2.1B units), Japan (2B units), Mexico (1.7B units), the United States (1.6B units), France (1.6B units), Belgium (1.6B units), the Netherlands (1.3B units), Turkey (1.2B units), Austria (1.2B units), South Korea (1.2B units) and Romania (1.1B units) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to lamp holder exports from China stood at +8.5%. At the same time, Japan (+24.0%), Romania (+16.4%), Belgium (+14.6%), the Netherlands (+8.0%), Germany (+5.0%), the Czech Republic (+4.0%), Austria (+3.9%), France (+3.2%), South Korea (+2.1%) and Mexico (+1.1%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.0% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, the United States (-9.9%) illustrated a downward trend over the same period. China (+16 p.p.) and Japan (+2.4 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -7.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($5.3B), China ($3.9B) and the United States ($3.3B) were the countries with the highest levels of exports in 2022, with a combined 52% share of global exports. Mexico, South Korea, the Czech Republic, Japan, France, the Netherlands, Belgium, Austria, Romania and Turkey lagged somewhat behind, together accounting for a further 29%.
In terms of the main exporting countries, the Czech Republic, with a CAGR of +16.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Exports By Type
In 2022, electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts (68B units) represented the key type of lamp holders, plugs and sockets in the world, mixing up 99.9% of total export.
Electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts was also the fastest-growing in terms of exports, with a CAGR of +4.3% from 2012 to 2022. The shares of the largest types remained relatively stable throughout the analyzed period.
In value terms, electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts ($23.7B) remains the largest type of lamp holders, plugs and sockets supplied worldwide, comprising 98% of global exports. The second position in the ranking was held by electrical apparatus ($527M), with a 2.2% share of global exports.
For electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts, exports increased at an average annual rate of +6.1% over the period from 2012-2022.
Export Prices By Type
In 2022, the average lamp holder export price amounted to $0.4 per unit, which is down by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. The global export price peaked at $0.4 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exported products. In 2022, the product with the highest price was electrical apparatus ($41 per unit), while the average price for exports of electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts amounted to $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by electrical apparatus; plugs and sockets, for a voltage not exceeding 1000 volts (+1.8%).
Export Prices By Country
The average lamp holder export price stood at $0.4 per unit in 2022, with a decrease of -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $0.4 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($2 per unit), while Turkey ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global lamp holder market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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