Report Overview:
Grounding poles are there to send extra power into the ground and away from your devices. This wiring prevents power surges that could overload your device or result in electrical shock. A grounded plug is a three-pronged device, whereas a non-grounded plug has the standard two prongs.
This report provides a deep insight into the global Grounding Plug market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porters five forces analysis, value chain analysis, etc.
Market Value:
The Global Grounding Plug Market Size was estimated at USD 271.46 million in 2023 and is projected to reach USD 365.87 million by 2029, exhibiting a CAGR of 5.10% during the forecast period.
CAGR of 5.10%
(2022 – 2029)
By Types:
15 Amp
20 Amp
30 Amp
50 Amp
Others
Key players include:
• Leviton
• GE
• ELEGRP
• RVGUARD
• Miady
• Kohree
• Journeyman-Pro
• TNP Products
• Hubbell
• Legrand SA
• Eaton
• Schneider
