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Synopsis
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.
The global Lugs market was valued at US$ 1166 million in 2023 and is anticipated to reach US$ 1286.7 million by 2030, witnessing a CAGR of 1.4% during the forecast period 2024-2030.
Global Lugs key players include Thomas & Betts, Schneider Electric, 3M, molex, PENTAIR, etc. Global top five manufacturers hold a share over 20%.
Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share about 45 percent.
In terms of product, Crimping Type lugs is the largest segment, with a share over 75%. And in terms of application, the largest application is Electrical industrial, followed by Telecommunications, Automotive, etc.
This report aims to provide a comprehensive presentation of the global market for Lugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lugs.
Report Scope
The Lugs market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lugs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lugs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
3M
molex
PENTAIR
Panduit
Cembre
ILSCO
Burndy
ASK POWER
Klauke
Taixing Longyi
Romac
NSi
Penn-Union
CABAC
NARVA
SJ
Segment by Type
Fastener Type
Crimping Type
Other
Segment by Application
Electrical Industrial
Telecommunications
Automotive
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lugs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lugs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Lugs market was valued at US$ 1166 million in 2023 and is anticipated to reach US$ 1286.7 million by 2030, witnessing a CAGR of 1.4% during the forecast period 2024-2030.
Global Lugs key players include Thomas & Betts, Schneider Electric, 3M, molex, PENTAIR, etc. Global top five manufacturers hold a share over 20%.
Europe is the largest market, with a share about 30%, followed by China, and North America, both have a share about 45 percent.
In terms of product, Crimping Type lugs is the largest segment, with a share over 75%. And in terms of application, the largest application is Electrical industrial, followed by Telecommunications, Automotive, etc.
This report aims to provide a comprehensive presentation of the global market for Lugs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lugs.
Report Scope
The Lugs market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lugs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lugs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
3M
molex
PENTAIR
Panduit
Cembre
ILSCO
Burndy
ASK POWER
Klauke
Taixing Longyi
Romac
NSi
Penn-Union
CABAC
NARVA
SJ
Segment by Type
Fastener Type
Crimping Type
Other
Segment by Application
Electrical Industrial
Telecommunications
Automotive
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lugs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lugs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lugs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Lugs Market Overview
1.1 Product Definition
1.2 Lugs Segment by Type
1.2.1 Global Lugs Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Fastener Type
1.2.3 Crimping Type
1.2.4 Other
1.3 Lugs Segment by Application
1.3.1 Global Lugs Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electrical Industrial
1.3.3 Telecommunications
1.3.4 Automotive
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Lugs Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lugs Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lugs Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lugs Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lugs Production Market Share by Manufacturers (2019-2024)
2.2 Global Lugs Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lugs, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lugs Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lugs Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lugs, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lugs, Product Offered and Application
2.8 Global Key Manufacturers of Lugs, Date of Enter into This Industry
2.9 Lugs Market Competitive Situation and Trends
2.9.1 Lugs Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lugs Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lugs Production by Region
3.1 Global Lugs Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lugs Production Value by Region (2019-2030)
3.2.1 Global Lugs Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lugs by Region (2025-2030)
3.3 Global Lugs Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lugs Production by Region (2019-2030)
3.4.1 Global Lugs Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lugs by Region (2025-2030)
3.5 Global Lugs Market Price Analysis by Region (2019-2024)
3.6 Global Lugs Production and Value, Year-over-Year Growth
3.6.1 North America Lugs Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lugs Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lugs Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lugs Production Value Estimates and Forecasts (2019-2030)
4 Lugs Consumption by Region
4.1 Global Lugs Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lugs Consumption by Region (2019-2030)
4.2.1 Global Lugs Consumption by Region (2019-2024)
4.2.2 Global Lugs Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lugs Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lugs Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lugs Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lugs Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lugs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lugs Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lugs Production by Type (2019-2030)
5.1.1 Global Lugs Production by Type (2019-2024)
5.1.2 Global Lugs Production by Type (2025-2030)
5.1.3 Global Lugs Production Market Share by Type (2019-2030)
5.2 Global Lugs Production Value by Type (2019-2030)
5.2.1 Global Lugs Production Value by Type (2019-2024)
5.2.2 Global Lugs Production Value by Type (2025-2030)
5.2.3 Global Lugs Production Value Market Share by Type (2019-2030)
5.3 Global Lugs Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lugs Production by Application (2019-2030)
6.1.1 Global Lugs Production by Application (2019-2024)
6.1.2 Global Lugs Production by Application (2025-2030)
6.1.3 Global Lugs Production Market Share by Application (2019-2030)
6.2 Global Lugs Production Value by Application (2019-2030)
6.2.1 Global Lugs Production Value by Application (2019-2024)
6.2.2 Global Lugs Production Value by Application (2025-2030)
6.2.3 Global Lugs Production Value Market Share by Application (2019-2030)
6.3 Global Lugs Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Lugs Corporation Information
7.1.2 ABB Lugs Product Portfolio
7.1.3 ABB Lugs Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Schneider Electric
7.2.1 Schneider Electric Lugs Corporation Information
7.2.2 Schneider Electric Lugs Product Portfolio
7.2.3 Schneider Electric Lugs Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Schneider Electric Main Business and Markets Served
7.2.5 Schneider Electric Recent Developments/Updates
7.3 3M
7.3.1 3M Lugs Corporation Information
7.3.2 3M Lugs Product Portfolio
7.3.3 3M Lugs Production, Value, Price and Gross Margin (2019-2024)
7.3.4 3M Main Business and Markets Served
7.3.5 3M Recent Developments/Updates
7.4 molex
7.4.1 molex Lugs Corporation Information
7.4.2 molex Lugs Product Portfolio
7.4.3 molex Lugs Production, Value, Price and Gross Margin (2019-2024)
7.4.4 molex Main Business and Markets Served
7.4.5 molex Recent Developments/Updates
7.5 PENTAIR
7.5.1 PENTAIR Lugs Corporation Information
7.5.2 PENTAIR Lugs Product Portfolio
7.5.3 PENTAIR Lugs Production, Value, Price and Gross Margin (2019-2024)
7.5.4 PENTAIR Main Business and Markets Served
7.5.5 PENTAIR Recent Developments/Updates
7.6 Panduit
7.6.1 Panduit Lugs Corporation Information
7.6.2 Panduit Lugs Product Portfolio
7.6.3 Panduit Lugs Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Panduit Main Business and Markets Served
7.6.5 Panduit Recent Developments/Updates
7.7 Cembre
7.7.1 Cembre Lugs Corporation Information
7.7.2 Cembre Lugs Product Portfolio
7.7.3 Cembre Lugs Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Cembre Main Business and Markets Served
7.7.5 Cembre Recent Developments/Updates
7.8 ILSCO
7.8.1 ILSCO Lugs Corporation Information
7.8.2 ILSCO Lugs Product Portfolio
7.8.3 ILSCO Lugs Production, Value, Price and Gross Margin (2019-2024)
7.8.4 ILSCO Main Business and Markets Served
7.7.5 ILSCO Recent Developments/Updates
7.9 Burndy
7.9.1 Burndy Lugs Corporation Information
7.9.2 Burndy Lugs Product Portfolio
7.9.3 Burndy Lugs Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Burndy Main Business and Markets Served
7.9.5 Burndy Recent Developments/Updates
7.10 ASK POWER
7.10.1 ASK POWER Lugs Corporation Information
7.10.2 ASK POWER Lugs Product Portfolio
7.10.3 ASK POWER Lugs Production, Value, Price and Gross Margin (2019-2024)
7.10.4 ASK POWER Main Business and Markets Served
7.10.5 ASK POWER Recent Developments/Updates
7.11 Klauke
7.11.1 Klauke Lugs Corporation Information
7.11.2 Klauke Lugs Product Portfolio
7.11.3 Klauke Lugs Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Klauke Main Business and Markets Served
7.11.5 Klauke Recent Developments/Updates
7.12 Taixing Longyi
7.12.1 Taixing Longyi Lugs Corporation Information
7.12.2 Taixing Longyi Lugs Product Portfolio
7.12.3 Taixing Longyi Lugs Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Taixing Longyi Main Business and Markets Served
7.12.5 Taixing Longyi Recent Developments/Updates
7.13 Romac
7.13.1 Romac Lugs Corporation Information
7.13.2 Romac Lugs Product Portfolio
7.13.3 Romac Lugs Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Romac Main Business and Markets Served
7.13.5 Romac Recent Developments/Updates
7.14 NSi
7.14.1 NSi Lugs Corporation Information
7.14.2 NSi Lugs Product Portfolio
7.14.3 NSi Lugs Production, Value, Price and Gross Margin (2019-2024)
7.14.4 NSi Main Business and Markets Served
7.14.5 NSi Recent Developments/Updates
7.15 Penn-Union
7.15.1 Penn-Union Lugs Corporation Information
7.15.2 Penn-Union Lugs Product Portfolio
7.15.3 Penn-Union Lugs Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Penn-Union Main Business and Markets Served
7.15.5 Penn-Union Recent Developments/Updates
7.16 CABAC
7.16.1 CABAC Lugs Corporation Information
7.16.2 CABAC Lugs Product Portfolio
7.16.3 CABAC Lugs Production, Value, Price and Gross Margin (2019-2024)
7.16.4 CABAC Main Business and Markets Served
7.16.5 CABAC Recent Developments/Updates
7.17 NARVA
7.17.1 NARVA Lugs Corporation Information
7.17.2 NARVA Lugs Product Portfolio
7.17.3 NARVA Lugs Production, Value, Price and Gross Margin (2019-2024)
7.17.4 NARVA Main Business and Markets Served
7.17.5 NARVA Recent Developments/Updates
7.18 SJ
7.18.1 SJ Lugs Corporation Information
7.18.2 SJ Lugs Product Portfolio
7.18.3 SJ Lugs Production, Value, Price and Gross Margin (2019-2024)
7.18.4 SJ Main Business and Markets Served
7.18.5 SJ Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lugs Industry Chain Analysis
8.2 Lugs Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lugs Production Mode & Process
8.4 Lugs Sales and Marketing
8.4.1 Lugs Sales Channels
8.4.2 Lugs Distributors
8.5 Lugs Customers
9 Lugs Market Dynamics
9.1 Lugs Industry Trends
9.2 Lugs Market Drivers
9.3 Lugs Market Challenges
9.4 Lugs Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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