What is Global Power Cords Market?
The Global Power Cords Market is a vast and dynamic field that encompasses a wide range of products and applications. Power cords, also known as power cables, are essential components in the operation of various electronic devices and systems. They are used to connect an appliance or equipment to the main electricity supply. The global market for power cords is a significant one, with a value of US$ 4154.3 million in 2022. This market is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2029, reaching a projected value of US$ 6276.6 million.
Ordinary Power Cord, Shielded Insulated Power Cord in the Global Power Cords Market:
There are two main types of power cords in the global market: ordinary power cords and shielded insulated power cords. Ordinary power cords are the most common type and are used in a variety of applications. They are typically made of a flexible material and have a plug at one end and a jack at the other. Shielded insulated power cords, on the other hand, are designed to prevent electrical interference. They are often used in environments where there is a high level of electromagnetic interference. The global market for these two types of power cords is diverse and competitive, with numerous manufacturers and suppliers vying for market share.
Computers, Telecommunications, Consumer Electronics, Power Tools, Medical Equipments, Others in the Global Power Cords Market:
The Global Power Cords Market finds its application in a variety of sectors. Computers, telecommunications, consumer electronics, power tools, medical equipment, and others are some of the key areas where power cords are extensively used. In computers, power cords are used to connect the system unit to the power source. In telecommunications, they are used in devices like telephones and modems. Consumer electronics like televisions, refrigerators, and air conditioners also require power cords for their operation. Power tools like drills and saws, as well as medical equipment like MRI machines and X-ray machines, also use power cords.
Global Power Cords Market Outlook:
The global Power Cords market, which was valued at US$ 4154.3 million in 2022, is expected to reach a value of US$ 6276.6 million by 2029. This represents a compound annual growth rate (CAGR) of 6.0% during the forecast period from 2023 to 2029. China is the largest market for power cords, accounting for about 37% of the global market share. North America follows closely behind, with a market share of about 17%. The top three companies in the global Power Cords market collectively hold about 22% of the market share.
| Report Metric | Details |
| Report Name | Power Cords Market |
| Accounted market size in 2022 | US$ 4154.3 in million |
| Forecasted market size in 2029 | US$ 6276.6 million |
| CAGR | 6.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Volex, Longwell, Electri-Cord, Feller, Quail Electronics, HL TECHNOLOGY, Hongchang Electronics, Americord, CHING CHENG, Prime Wire & Cable, AURICH, I-SHENG, Queenpuo, CEP, Yunhuan Electronics, Coleman Cable, HUASHENG ELECTRICAL, StayOnline, Yung Li, MEGA, ShangYu Jintao, Kord King, GoGreen Power, Tripplite, QIAOPU, Weitien, Ningbo Chenglong |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
