Latest research report on “Lugs Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Lugs are Handles or connectors used for connecting cables to electrical appliances, other cables, surfaces, or mechanisms. One end of a cable lug is typically used for connecting a cable, which could be soldered, welded, or crimped depending on the type. The connection end of the lug is then fastened to a matching terminal or connection point by means of a bolt, screw, or spring clip.
This report contains market size and forecasts of Lugs in global, including the following market information:
Global Lugs Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lugs Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Lugs companies in 2021 (%)
The global Lugs market was valued at 1199.8 million in 2021 and is projected to reach US$ 1316.9 million by 2028, at a CAGR of 1.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fastener Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lugs include ABB, Schneider Electric, 3M, molex, PENTAIR, Panduit, Cembre, ILSCO and Burndy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lugs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lugs Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lugs Market Segment Percentages, by Type, 2021 (%)
– Fastener Type
– Crimping Type
Global Lugs Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lugs Market Segment Percentages, by Application, 2021 (%)
– Electrical Industrial
Global Lugs Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Lugs Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Lugs revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lugs revenues share in global market, 2021 (%)
Key companies Lugs sales in global market, 2017-2022 (Estimated), (MT)
Key companies Lugs sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Schneider Electric
– ASK POWER
– Taixing Longyi
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