Singapore Wiring Devices Market Outlook (2021-2027): Market Forecast By Types (Sockets, Switches, Wire Connectors & Others (Wire Mesh, Plugs)) And Competitive Landscape
March 1, 2022
6wresearch
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Singapore Wiring Devices Market Outlook (2021-2027): Market Forecast By Types (Sockets, Switches, Wire Connectors & Others (Wire Mesh, Plugs)) And Competitive Landscape
Abstract Singapore Wiring Devices Market report thoroughly covers market by end users. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Singapore Wiring Devices Market Synopsis The wiring devices market in Singapore has the highest per capita revenue realization owing to high income levels and 100% urbanization rate. Further, Singapore is expected to have the highest penetration for higher value and technology enabled products, thus leading to constantly evolving market dynamics. For a developed country like Singapore, the deployment of wiring devices is high as compared to other Southeast Asian countries, owing to higher penetration of electronic products and presence of a strong services and BFSI sector in the country. Curtailment measures adopted by the government to stop the spread of Covid-19 in 2020, resulted in a drop in wiring devices market revenue as development of new infrastructure for commercial purposes and residential real-estate activity was subdued. However, as lockdown restrictions were gradually lifted, demand for wiring devices began to pick up as economic activities in the country resumed, returning the Singapore wiring devices market to its pre-COVID growth trajectory.
According to 6Wresearch, Singapore Wiring Devices Market revenue size is projected to grow at a CAGR of 4.0% during 2021-2027. The demand for wiring devices would increase in the coming years on account of growing government and private funding for robust infrastructure development including hospitals, commercial buildings, transpiration facilities and so on. Furthermore, gradually increasing adoption of innovation and technology advancement such floral print switches, Wi-Fi operated wiring devices would augment the demand for wiring devices over the coming years.
Market by Types Analysis By types, sockets segment had a major market revenue share owing to its multitude use in all application sectors. Furthermore, the switches & socket s segment is expected to dominate the market during the forecasted period owing to higher penetration rate for high value and technology enabled products along with rising investments in commercial sector and transport infrastructure.
Key Attractiveness of the Report COVID-19 Impact on the Market. 10 Years Market Numbers. Historical Data Starting from 2017 to 2020. Base Year: 2020 Forecast Data until 2027. Key Performance Indicators Impacting the Market. Major Upcoming Developments and Projects.
Key Highlights of the Report Singapore Wiring Devices Market Overview Singapore Wiring Devices Market Outlook Singapore Wiring Devices Market Forecast Historical Data and Forecast of Singapore Wiring Devices Market Revenues for the Period 2017-2027F Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Types, for the Period 2017-2027F Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Verticals, for the Period 2017-2027F Market Drivers and Restraints Industry Life Cycle Porter’s Five Force Analysis Impact Analysis of COVID-19 Market Trends Singapore Wiring Devices Market Revenue Share, By Companies Competitive Benchmarking Company Profiles Key Strategic Recommendations
Market Scope and Segmentation The report provides a detailed analysis of the following market segments:
By Types Sockets Switches Wire Connectors Others (Wire Mesh, Plugs)
Content Table of Contents
1. Executive Summary 2. Introduction 2.1 Report Description 2.2 Key Highlights of the Report 2.3 Market Scope & Segmentation 2.4 Research Methodology 2.5 Assumptions 3. Singapore Wiring Devices Market Overview 3.1 Indonesia Wiring Devices Market Revenues, 2017 - 2027F 3.2 Indonesia Wiring Devices Market TAM Analysis 3.3 Indonesia Wiring Devices Market - Industry Life Cycle 3.4 Indonesia Wiring Devices Market - Porter's Five Forces 3.5 Indonesia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3.6 Indonesia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Impact Analysis of Covid-19 on Singapore Wiring Devices Market 5. Singapore Wiring Devices Market Dynamics 5.1 Impact Analysis 5.2 Market Drivers 5.3 Market Restraints 6. Singapore Wiring Devices Market Trends 7. Singapore Wiring Devices Market Overview, By Types 7.1 Singapore Wiring Devices Market Revenues , By Sockets, 2017-2027F 7.2 Singapore Wiring Devices Market Revenues, By Switches, 2017-2027F 7.3 Singapore Wiring Devices Market Revenues, By Wire Connectors, 2017-2027F 7.4 Singapore Wiring Devices Market Revenues, By Others, 2017-2027F 8. Singapore Wiring Devices Market, By Verticals 8.1 Singapore Wiring Devices Market Revenues, By Residential, 2017-2027F 8.2 Singapore Wiring Devices Market Revenues, By Commercial, 2017-2027F 8.3 Singapore Wiring Devices Market Revenues, By Industrial, 2017-2027F 8.4 Singapore Wiring Devices Market Revenues, By Public and Transportation & Infrastructure, 2017-2027F 9. Singapore Wiring Devices Market Key Performance Indicators 10. Singapore Wiring Devices Market Opportunity Assessment 10.1 Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 10.2 Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 11. Singapore Wiring Devices Market Competitive Landscape 11.1 Singapore Wiring Devices Market Revenues Rank, By Company, 2020 11.2 Indonesia Wiring Devices Market Competitive Benchmarking, By Operating and Technical Parameters 12. Company Profiles 12.1 MK Electric (Singapore) Pte Ltd 12.2 Legrand Singapore 12.3Hager Electro Systems PTE. Ltd. 12.4 Siemens Pte. Ltd. 12.5 Schneider Electric Singapore Pte Ltd 12.6 ABB Pte. Ltd. 12.7 Caerus Electric Pte Ltd 12.8 Fung Yip Electrical (S) Pte Ltd 12.9 Schurter (S) Pte. Ltd. 12.10 Panasonic Asia Pacific Pte Ltd. 13. Key Strategic Recommendation 14. Disclaimer
List of Figures 1. Singapore Wiring Devices Market Revenues, 2017-2027F (USD Million) 2. Singapore Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3. Singapore Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Number of Solar PV Systems, 2015-2021, (Units) 5. Tech enabled start-ups’ contribution to GDP growth, 2015,2025 & 2035, (%) 6. Start-ups in Singapore funding, 2018-2020, (Billion) 7. Singapore Wiring Devices Market Revenues, By Residential Verticals, 2017-2027F (USD Million) 8. Singapore Wiring Devices Market Revenues, By Commercial Verticals, 2017-2027F (USD Million) 9. Singapore Wiring Devices Market Revenues, By Industrial Verticals, 2017-2027F (USD Million) 10. Singapore Wiring Devices Market Revenues, By Public and Transport Infrastructure Verticals, 2017-2027F (USD Million) 11. Household that Benefited from CPF Housing Grants, 2019 & 2020. 12. Number of Dwelling Units, 2017-2019. 13. FDI and Merger & Acquisition Activities, 2019-2020, (USD Billion) 14. Asset Under Management (S$ billion), 2014-2019 15. Asset Management Centre, 2019. 16. Total Number of International Visitors Came to Singapore, 2014-2018, (Thousands) 17. Singapore Hotel Rooms Pipeline, 2019-2023, (Units) 18. Beds in patient facility 19. Expenditure by Ministry of Health, 2019-2021, ($) 20. Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 21. Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 22. Singapore Wiring Devices Market Revenue Rank, By Companies, 2020
List of Tables 1. Change in CPI by Expenditure Division, 2021, (%). 2. Singapore Wiring Devices Market Revenues, By Types, 2017-2027F (USD Million)
Singapore Wiring Devices Market report thoroughly covers market by end users. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Singapore Wiring Devices Market Synopsis The wiring devices market in Singapore has the highest per capita revenue realization owing to high income levels and 100% urbanization rate. Further, Singapore is expected to have the highest penetration for higher value and technology enabled products, thus leading to constantly evolving market dynamics. For a developed country like Singapore, the deployment of wiring devices is high as compared to other Southeast Asian countries, owing to higher penetration of electronic products and presence of a strong services and BFSI sector in the country. Curtailment measures adopted by the government to stop the spread of Covid-19 in 2020, resulted in a drop in wiring devices market revenue as development of new infrastructure for commercial purposes and residential real-estate activity was subdued. However, as lockdown restrictions were gradually lifted, demand for wiring devices began to pick up as economic activities in the country resumed, returning the Singapore wiring devices market to its pre-COVID growth trajectory.
According to 6Wresearch, Singapore Wiring Devices Market revenue size is projected to grow at a CAGR of 4.0% during 2021-2027. The demand for wiring devices would increase in the coming years on account of growing government and private funding for robust infrastructure development including hospitals, commercial buildings, transpiration facilities and so on. Furthermore, gradually increasing adoption of innovation and technology advancement such floral print switches, Wi-Fi operated wiring devices would augment the demand for wiring devices over the coming years.
Market by Types Analysis By types, sockets segment had a major market revenue share owing to its multitude use in all application sectors. Furthermore, the switches & socket s segment is expected to dominate the market during the forecasted period owing to higher penetration rate for high value and technology enabled products along with rising investments in commercial sector and transport infrastructure.
Key Attractiveness of the Report COVID-19 Impact on the Market. 10 Years Market Numbers. Historical Data Starting from 2017 to 2020. Base Year: 2020 Forecast Data until 2027. Key Performance Indicators Impacting the Market. Major Upcoming Developments and Projects.
Key Highlights of the Report Singapore Wiring Devices Market Overview Singapore Wiring Devices Market Outlook Singapore Wiring Devices Market Forecast Historical Data and Forecast of Singapore Wiring Devices Market Revenues for the Period 2017-2027F Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Types, for the Period 2017-2027F Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Verticals, for the Period 2017-2027F Market Drivers and Restraints Industry Life Cycle Porter’s Five Force Analysis Impact Analysis of COVID-19 Market Trends Singapore Wiring Devices Market Revenue Share, By Companies Competitive Benchmarking Company Profiles Key Strategic Recommendations
Market Scope and Segmentation The report provides a detailed analysis of the following market segments:
By Types Sockets Switches Wire Connectors Others (Wire Mesh, Plugs)
Table of Contents
1. Executive Summary 2. Introduction 2.1 Report Description 2.2 Key Highlights of the Report 2.3 Market Scope & Segmentation 2.4 Research Methodology 2.5 Assumptions 3. Singapore Wiring Devices Market Overview 3.1 Indonesia Wiring Devices Market Revenues, 2017 - 2027F 3.2 Indonesia Wiring Devices Market TAM Analysis 3.3 Indonesia Wiring Devices Market - Industry Life Cycle 3.4 Indonesia Wiring Devices Market - Porter's Five Forces 3.5 Indonesia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3.6 Indonesia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Impact Analysis of Covid-19 on Singapore Wiring Devices Market 5. Singapore Wiring Devices Market Dynamics 5.1 Impact Analysis 5.2 Market Drivers 5.3 Market Restraints 6. Singapore Wiring Devices Market Trends 7. Singapore Wiring Devices Market Overview, By Types 7.1 Singapore Wiring Devices Market Revenues , By Sockets, 2017-2027F 7.2 Singapore Wiring Devices Market Revenues, By Switches, 2017-2027F 7.3 Singapore Wiring Devices Market Revenues, By Wire Connectors, 2017-2027F 7.4 Singapore Wiring Devices Market Revenues, By Others, 2017-2027F 8. Singapore Wiring Devices Market, By Verticals 8.1 Singapore Wiring Devices Market Revenues, By Residential, 2017-2027F 8.2 Singapore Wiring Devices Market Revenues, By Commercial, 2017-2027F 8.3 Singapore Wiring Devices Market Revenues, By Industrial, 2017-2027F 8.4 Singapore Wiring Devices Market Revenues, By Public and Transportation & Infrastructure, 2017-2027F 9. Singapore Wiring Devices Market Key Performance Indicators 10. Singapore Wiring Devices Market Opportunity Assessment 10.1 Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 10.2 Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 11. Singapore Wiring Devices Market Competitive Landscape 11.1 Singapore Wiring Devices Market Revenues Rank, By Company, 2020 11.2 Indonesia Wiring Devices Market Competitive Benchmarking, By Operating and Technical Parameters 12. Company Profiles 12.1 MK Electric (Singapore) Pte Ltd 12.2 Legrand Singapore 12.3Hager Electro Systems PTE. Ltd. 12.4 Siemens Pte. Ltd. 12.5 Schneider Electric Singapore Pte Ltd 12.6 ABB Pte. Ltd. 12.7 Caerus Electric Pte Ltd 12.8 Fung Yip Electrical (S) Pte Ltd 12.9 Schurter (S) Pte. Ltd. 12.10 Panasonic Asia Pacific Pte Ltd. 13. Key Strategic Recommendation 14. Disclaimer
List of Figures 1. Singapore Wiring Devices Market Revenues, 2017-2027F (USD Million) 2. Singapore Wiring Devices Market Revenue Share, By Types, 2020 & 2027F 3. Singapore Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F 4. Number of Solar PV Systems, 2015-2021, (Units) 5. Tech enabled start-ups’ contribution to GDP growth, 2015,2025 & 2035, (%) 6. Start-ups in Singapore funding, 2018-2020, (Billion) 7. Singapore Wiring Devices Market Revenues, By Residential Verticals, 2017-2027F (USD Million) 8. Singapore Wiring Devices Market Revenues, By Commercial Verticals, 2017-2027F (USD Million) 9. Singapore Wiring Devices Market Revenues, By Industrial Verticals, 2017-2027F (USD Million) 10. Singapore Wiring Devices Market Revenues, By Public and Transport Infrastructure Verticals, 2017-2027F (USD Million) 11. Household that Benefited from CPF Housing Grants, 2019 & 2020. 12. Number of Dwelling Units, 2017-2019. 13. FDI and Merger & Acquisition Activities, 2019-2020, (USD Billion) 14. Asset Under Management (S$ billion), 2014-2019 15. Asset Management Centre, 2019. 16. Total Number of International Visitors Came to Singapore, 2014-2018, (Thousands) 17. Singapore Hotel Rooms Pipeline, 2019-2023, (Units) 18. Beds in patient facility 19. Expenditure by Ministry of Health, 2019-2021, ($) 20. Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F 21. Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F 22. Singapore Wiring Devices Market Revenue Rank, By Companies, 2020
List of Tables 1. Change in CPI by Expenditure Division, 2021, (%). 2. Singapore Wiring Devices Market Revenues, By Types, 2017-2027F (USD Million)