The report offers detailed coverage of Power Cords & Extension Cords industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Cords & Extension Cords by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Extension cords, also known as power extenders or extension leads, are longer power cords that are used to supply electrical energy to portable electrical equipment or appliances located up to hundreds of feet away from a main power source.
Equipment such as construction machinery, sound and lighting equipment, emergency medical defibrillators and electrical power tools are often used in locations without a convenient power source, and extension cords are thus used to supply the current to the equipment. Extension cords are only designed for temporary usage, and not as a means of permanent or long-term power supply.
There are a vast number of producers all vying for market share and trying to take market share from each other. For the North American power cords industry, the major competition comes from the Asia-Pacific region, especially from China, Taiwan and Vietnam, etc. The cheaper labor in these countries makes the power cord production cost decrease. With globalization came lower trade barriers and therefore low cost power cords flooded the developed countries‘power cords market making the local power cord industry struggle to survive.
The threat of this industry is wireless technology which could be a major trend in the future. At the present time the threat of substitutes for power cords or their components is low. The power cord is a relatively cheap part of the end product for most buyers.The fluctuation of copper price will affect the cost and price of the power cords product.The gross margin is the same. Although power cords & extension cords industry still have a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market
The report forecast global Power Cords & Extension Cords market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Power Cords & Extension Cords market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Volex
Longwell
I-SHENG
Electri-Cord
HL TECHNOLOGY
Feller
Quail Electronics
Hongchang Electronics
Americord
CHING CHENG
Prime Wire & Cable
AURICH
Queenpuo
CEP
Yunhuan Electronics
Coleman Cable
HUASHENG ELECTRICAL
StayOnline
Yung Li
MEGA
At the same time, we classify Power Cords & Extension Cords according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
PVC and Rubber
Halogen-free
Market by Application
Household Appliances
Computers and Consumer Electronics
Medical Devices
Other Industrial Products
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Power Cords & Extension Cords market for the forecast period 2021 - 2025?
• What are the driving forces in the Power Cords & Extension Cords market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Power Cords & Extension Cords industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?