Singapore Wiring Devices Market Outlook (2021-2027) | Size, Analysis, Trends, COVID-19 IMPACT, Industry, Companies, Growth, Revenue, Share, Value & Forecast

Market Forecast By Types (Sockets, Switches, Wire Connectors & Others (Wire Mesh, Plugs)) And Competitive Landscape

Product Code: ETC039908 Publication Date: Mar 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 74 No. of Figures: 23 No. of Tables: 2

Singapore Wiring Devices Market report thoroughly covers market by end users. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Singapore Wiring Devices Market Synopsis

The wiring devices market in Singapore has the highest per capita revenue realization owing to high income levels and 100% urbanization rate. Further, Singapore is expected to have the highest penetration for higher value and technology enabled products, thus leading to constantly evolving market dynamics. For a developed country like Singapore, the deployment of wiring devices is high as compared to other Southeast Asian countries, owing to higher penetration of electronic products and presence of a strong services and BFSI sector in the country. Curtailment measures adopted by the government to stop the spread of Covid-19 in 2020, resulted in a drop in wiring devices market revenue as development of new infrastructure for commercial purposes and residential real-estate activity was subdued. However, as lockdown restrictions were gradually lifted, demand for wiring devices began to pick up as economic activities in the country resumed, returning the Singapore wiring devices market to its pre-COVID growth trajectory.


According to 6Wresearch, Singapore Wiring Devices Market revenue size is projected to grow at a CAGR of 4.0% during 2021-2027. The demand for wiring devices would increase in the coming years on account of growing government and private funding for robust infrastructure development including hospitals, commercial buildings, transpiration facilities and so on. Furthermore, gradually increasing adoption of innovation and technology advancement such floral print switches, Wi-Fi operated wiring devices would augment the demand for wiring devices over the coming years.

Market by Types Analysis

By types, sockets segment had a major market revenue share owing to its multitude use in all application sectors. Furthermore, the switches & socket s segment is expected to dominate the market during the forecasted period owing to higher penetration rate for high value and technology enabled products along with rising investments in commercial sector and transport infrastructure.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Singapore Wiring Devices Market Overview
  • Singapore Wiring Devices Market Outlook
  • Singapore Wiring Devices Market Forecast
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues for the Period 2017-2027F
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Types, for the Period 2017-2027F
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues, By Verticals, for the Period 2017-2027F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Market Trends
  • Singapore Wiring Devices Market Revenue Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Sockets 
  • Switches 
  • Wire Connectors
  • Others (Wire Mesh, Plugs)
Singapore Wiring Devices Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Singapore wiring devices market revenue is anticipated to record a CAGR of 4.0% during 2021-27.
By types, sockets segment has dominated the market revenues due to the rise in infrastructure development and highest per capita revenue realization.
By types, switches would record key growth throughout the forecast period 2021-27.
The key players of the market include- Legrand Singapore, Schneider Electric Singapore Pte Ltd, Hager Electro Systems PTE. Ltd., Siemens Pte. Ltd., ABB Pte. Ltd., Caerus Electric Pte Ltd, Fung Yip Electrical (S) Pte Ltd, Schurter (S) Pte. Ltd., Panasonic Asia Pacific Pte Ltd.
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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Singapore Wiring Devices Market Overview

3.1 Indonesia Wiring Devices Market Revenues, 2017 - 2027F

3.2 Indonesia Wiring Devices Market TAM Analysis

3.3 Indonesia Wiring Devices Market - Industry Life Cycle

3.4 Indonesia Wiring Devices Market - Porter's Five Forces

3.5 Indonesia Wiring Devices Market Revenue Share, By Types, 2020 & 2027F

3.6 Indonesia Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F

4. Impact Analysis of Covid-19 on Singapore Wiring Devices Market

5. Singapore Wiring Devices Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. Singapore Wiring Devices Market Trends

7. Singapore Wiring Devices Market Overview, By Types

7.1 Singapore Wiring Devices Market Revenues , By Sockets, 2017-2027F

7.2 Singapore Wiring Devices Market Revenues, By Switches, 2017-2027F

7.3 Singapore Wiring Devices Market Revenues, By Wire Connectors, 2017-2027F

7.4 Singapore Wiring Devices Market Revenues, By Others, 2017-2027F

8. Singapore Wiring Devices Market, By Verticals

8.1 Singapore Wiring Devices Market Revenues, By Residential, 2017-2027F

8.2 Singapore Wiring Devices Market Revenues, By Commercial, 2017-2027F

8.3 Singapore Wiring Devices Market Revenues, By Industrial, 2017-2027F

8.4 Singapore Wiring Devices Market Revenues, By Public and Transportation & Infrastructure, 2017-2027F

9. Singapore Wiring Devices Market Key Performance Indicators

10. Singapore Wiring Devices Market Opportunity Assessment

10.1 Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F

10.2 Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F

11. Singapore Wiring Devices Market Competitive Landscape

11.1 Singapore Wiring Devices Market Revenues Rank, By Company, 2020

11.2 Indonesia Wiring Devices Market Competitive Benchmarking, By Operating and Technical Parameters

12. Company Profiles

12.1 MK Electric (Singapore) Pte Ltd

12.2 Legrand Singapore

12.3Hager Electro Systems PTE. Ltd.

12.4 Siemens Pte. Ltd.

12.5 Schneider Electric Singapore Pte Ltd

12.6 ABB Pte. Ltd.

12.7 Caerus Electric Pte Ltd

12.8 Fung Yip Electrical (S) Pte Ltd

12.9 Schurter (S) Pte. Ltd.

12.10 Panasonic Asia Pacific Pte Ltd.

13. Key Strategic Recommendation

14. Disclaimer

List of Figures

1. Singapore Wiring Devices Market Revenues, 2017-2027F (USD Million)

2. Singapore Wiring Devices Market Revenue Share, By Types, 2020 & 2027F

3. Singapore Wiring Devices Market Revenue Share, By Verticals, 2020 & 2027F

4. Number of Solar PV Systems, 2015-2021, (Units)

5. Tech enabled start-ups’ contribution to GDP growth, 2015,2025 & 2035, (%)

6. Start-ups in Singapore funding, 2018-2020, (Billion)

7. Singapore Wiring Devices Market Revenues, By Residential Verticals, 2017-2027F (USD Million)

8. Singapore Wiring Devices Market Revenues, By Commercial Verticals, 2017-2027F (USD Million)

9. Singapore Wiring Devices Market Revenues, By Industrial Verticals, 2017-2027F (USD Million)

10. Singapore Wiring Devices Market Revenues, By Public and Transport Infrastructure Verticals, 2017-2027F (USD Million)

11. Household that Benefited from CPF Housing Grants, 2019 & 2020.

12. Number of Dwelling Units, 2017-2019.

13. FDI and Merger & Acquisition Activities, 2019-2020, (USD Billion)

14. Asset Under Management (S$ billion), 2014-2019

15. Asset Management Centre, 2019.

16. Total Number of International Visitors Came to Singapore, 2014-2018, (Thousands)

17. Singapore Hotel Rooms Pipeline, 2019-2023, (Units)

18. Beds in patient facility

19. Expenditure by Ministry of Health, 2019-2021, ($)

20. Singapore Wiring Devices Market Opportunity Assessment, By Types, 2027F

21. Singapore Wiring Devices Market Opportunity Assessment, By Verticals, 2027F

22. Singapore Wiring Devices Market Revenue Rank, By Companies, 2020

List of Tables

1. Change in CPI by Expenditure Division, 2021, (%).

2. Singapore Wiring Devices Market Revenues, By Types, 2017-2027F (USD Million)

 

 
Market Forecast By Types (Eceptacles, Wire Connectors, Metal Contacts, Light Dimmer, Lamp Holders, Electric Switches), By Applications (Construction, Residential, Institutional Occupancies) And Competitive Landscape
Product Code: ETC039908 Publication Date: Jan 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Key Highlights of the Report:

  • Singapore Wiring Devices Market Outlook
  • Market Size of Singapore Wiring Devices Market, 2019
  • Forecast of Singapore Wiring Devices Market, 2026
  • Historical Data and Forecast of Singapore Wiring Devices Revenues & Volume for the Period 2016 - 2026
  • Singapore Wiring Devices Market Trend Evolution
  • Singapore Wiring Devices Market Drivers and Challenges
  • Singapore Wiring Devices Price Trends
  • Singapore Wiring Devices Porter's Five Forces
  • Singapore Wiring Devices Industry Life Cycle
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Types for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Eceptacles for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Wire Connectors for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Metal Contacts for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Light Dimmer for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Lamp Holders for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Electric Switches for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Construction for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Residential for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Wiring Devices Market Revenues & Volume By Institutional Occupancies for the Period 2016 - 2026
  • Singapore Wiring Devices Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Applications
  • Singapore Wiring Devices Top Companies Market Share
  • Singapore Wiring Devices Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Wiring Devices Company Profiles
  • Singapore Wiring Devices Key Strategic Recommendations
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