Global Industrial Plugs & Sockets Markets, 2020-2025: Focus on Heavy Industries, Oil & Gas, Chemicals & Pharmaceuticals, Power Generation - ResearchAndMarkets.com
Retrieved on:
Monday, November 30, 2020
Key components used in manufacturing industrial plugs and sockets are procured typically in US dollars, which results in increased component cost, which is likely to hamper the growth of the industrial plugs and sockets market.
Key Points:
- Key components used in manufacturing industrial plugs and sockets are procured typically in US dollars, which results in increased component cost, which is likely to hamper the growth of the industrial plugs and sockets market.
- Waterproof industrial plugs and sockets are specialized industrial plugs and sockets that can withstand the challenging environmental conditions of marine, food & beverages, and chemicals & pharmaceuticals industries.
- The end user segments are categorized as Heavy Industries, Chemicals and Pharmaceuticals, Oil and Gas, Power Generation, and Others.
- Thus, the diverse set of demands and requirements of different heavy industries led to increased industrial plugs and sockets in heavy industries.