The global power cords extension cords market is anticipated to grow at a CAGR of 1. 4 % during the forecast period (2022-2028). Power cords extension help to power the device even if they’re far away from an outlet. The global power cords extension cords market is growing due to the increasing use of power cords extension in the global market during the forecast period. The rising disposable income couple with growing urbanization across the globe are further boosting the growth of the market over the forecast period.
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The changing consumer preference and their increasing expenditure towards a comfortable lifestyle are also boosting the growth of the market. The increasing safety measures and certifications for quality checked power cords are creating trust among the consumer to use their device safely. The increasing use of extension power cords owing to their advantages as it helps to deliver electricity to unreachable areas keeps the place tidy and also helps to use multiple devices at the same time. Thus, the benefits associated with the power cords extension cords are propelling the growth of the market during the forecast period.
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Some major players in the market include Volex plc, Longwell, Isheng Electronics Co., Ltd., Electri-Cord Mfg. Co., HL-Technology, Feller, Quail Electronics, Inc., Changzhou Hongchang Electronics CO., LTD., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Competitive Landscape-
Volex plc, Longwell, Isheng Electronics Co., Ltd., Electri-Cord Mfg. Co., HL-Technology, Feller, Quail Electronics, Inc., Changzhou Hongchang Electronics Co., Ltd., among others.
By Type
- 10 Gauge
- 12 Gauge
- 14 Gauge
- 16 Gauge
- 18 Gauge
By Application
- Household Appliances
- Computers and Consumer Electronics
- Medical Devices
- Other Industrial Products
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Scope of the Report
The research study analyzes the Global Power Cords Extension Cords industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Power Cords Extension Cords Market Report
1. What was the Global Power Cords Extension Cords Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Power Cords Extension Cords Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Power Cords Extension Cords Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Power Cords Extension Cords market.
- The market share of the Global Power Cords Extension Cords market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Power Cords Extension Cords market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Power Cords Extension Cords market.
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