Global Socket Converter Market 2017-2021 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Socket Converter Market 2017-2021" report has been added to Research
and Markets' offering.

The global socket converter market to grow at a CAGR of 6.50% during the
period 2017-2021.

The report covers the present scenario and the growth prospects of the
global socket converter market for 2017-2021. To calculate the market
size, the report considers the sales of socket converters worldwide and
excludes the sale of components involved and the service of socket
converters. The report also includes a discussion of the key vendors
operating in this market.

According to the report, one of the major drivers for this market is
Increasing electronic devices per household. Consumer electronics such
as refrigerators, air conditioners, TVs, and portable electronic devices
are increasing in households worldwide. Increasing levels of disposable
income and an urge to have a hassle-free life have led people to adapt
to the usage of these electronic appliances.

The latest trend gaining momentum in the market is Increasing
electrification through hybrid decentralized power systems. Electricity
consumption is related to the economic development of a country. Though
it is a complex relationship, electricity is a pre-requisite for
economic growth, which includes infrastructure and social development.

Further, the report states that one of the major factors hindering the
growth of this market is Growing traction of wireless charging. Wireless
chargers are devices that allow a rechargeable device to get charged
without connecting any wires between the device and the power source.
Wireless chargers are a part of a wireless charging system.

Key vendors

• BULL
• Koninklijke Philips
• Schneider Electric

Other prominent vendors

• Hangzhou Honyar Electrical
• Huntkey Enterprise Group
• Xiaomi

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/xsdtrw/global_socket

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Related
Topics: Electricity