Global Power Cords and Extension Cords Market Size, Share and Trends Analysis Report, by Type (PVC and Rubber, and Halogen-free), and by Application (Household Appliances, Computers and Consumer Electronics, Medical Devices, and Other), Forecast Period (2022-2028)

The global power cords and extension cords market is anticipated to grow at a CAGR of 5.2% during the forecast period. The market growth determinants include expanding industrial infrastructure and concrete structure remodelling, technological advancements to improve the functioning of semiconductor tools, and increased awareness of vehicle safety and technological advancements by the automotive industry. Furthermore, rising global adoption of battery-powered power tools, as well as rising demand for electric fastening tools in the industrial environment, will drive the market’s future growth. Furthermore, fluctuations in raw material prices will be hinder market growth. In addition, a lack of awareness in emerging regions and high manufacturing costs will act as growth restraints for the market. Increased enforcement of stringent environmental regulations imposed on industries will challenge market growth. In other words, the growing number of buildings and construction activities, particularly in developing economies, will present numerous opportunities for market growth.

Additionally, the increasing deployment of new power grid infrastructure is boosting the growth of the power cords and extension market size. Owing to growing demand for power across the globe, the power cords and extension cords supply entities are trying to catch up with the supply. In the course of the demand supply catch-up, there is a lot of opportunity for the market. The globe is moving towards sustainable energy development and to create sustainable energy architecture, the component that is most important and most used is the power cable that ultimately carries electricity. Increasing number of renewable energy projects that are coupled with new grid connections. Ongoing investment across large scale industries such as oil & gas and manufacturing influence the market. Moreover, apid expansion of railway networks coupled with wide adoption of these products across metal and mining industries create a favourable opportunities.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Americord, Belkin, CEP, Coleman Cable, Dhiraj Enterprises, Electri-Cord, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Power Cords and Extension Cords Market Report by Segment

By Type

• PVC and Rubber
• Halogen-free

By Application

• Household Appliances
• Computers and Consumer Electronics
• Medical Devices
• Other

Global Power Cords and Extension Cords Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa