What is Outdoor Cords?
Extension cords are important for supplying AC power from a wall outlet to a distant appliance that requires it. Though not all extension cords are created equal. Some are equipped with useful features, while others are rated for indoor or outdoor use. Fail to comply notice to these characteristics may result in a significant safety risk. Use of outdoor cord is becoming increasingly common across both industrial and household purposes. Outdoor extension cords are more robust and their indoor counterparts as they are more prone to be exposed to harsh conditions, a few heavy-duty outdoor extension cords rated for use in hazardous environments such as around flammable liquids, chemicals, or high temperatures. Growing infrastructure globally owing to demand for outdoor extension cords.
The market study is broken down by Type (Climbing Cords, Camping Cords and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Manufacturers from United States & Indian will contribute to the maximum growth of Global Outdoor Cords market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Coleman Cable Inc. (United States), General Cable (United States), Alpha Wire (Australia), Amphenol (United States), Southwire Company LLC (United States), Superior Essex (United States), Havells (India), Primus Cable (United States) and RR Kabel (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Shenzhen Lianxun Industries Co. (China), Huber+Suhner (Switzerland), Finolex (India), Polycab (India) and V-Guard Industries (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Outdoor Cords market by Type, Application and Region.
On the basis of geography, the market of Outdoor Cords has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Connector, the sub-segment i.e. Twisted-Pair Connector will boost the Outdoor Cords market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. Less than 10 Ft will boost the Outdoor Cords market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 6th September, 2018 TPG (United States Based Leading Private Equity Firm) Acquired Minority Stake in R R Kabel, an Indian Wire Manufacturer that Operates in Over 80 Regions
On 25th June, 2019 - Superior Essex Communications Announced the Release of Its I/O Riser 2Χ2 Hybrid Cable for Indoor/Outdoor Applications., On 8th April, 2020 - HUBER+SUHNER launched its Compact Outdoor Fiber Optic Connector called Q-ODC-2 Mini, Specifically Designed and Engineered for Harsh Environments Aimed to Enable Cost-Effective, Flexible and Higher Capacity Deployments of New Wireless Infrastructure in Industrial and Communication Applications. and On 1st January, 2021 - Acclaim Lighting Introduced its Linear One DMX Build for Clutter-Free Interior and Exterior Linear Architectural Lighting Applications. These New Dynamic Color Linear Fixtures Install with No Visible Cables to Create an Open Environment.
United Kingdom; Wiring Regulations 18th edition (BS 7671:2018) Provides a List of Regulations that Relating to Design, Erection and Verification of Electrical installations along with new additions or Removals of Installations. and United States; National Electrical Code Lays Framework for Installation and Removal of Electrical Devices & Wires across United States. New Manufacturer is Required to Have Regulatory Approval.
Market Trend
- Growing Usage of Outdoor Equipment
Market Drivers
- Growing Demand for Electricity
- Increasing Awareness for Outdoor Activities
Opportunities
- Growing Usage across Multiple Industry Verticals
Restraints
- Chances of Short Circuit and Fire
Challenges
- Fierce Competitive Pressure
- Wire Breakdown
Key Target Audience
Outdoor Cord Manufactures, New Entrants and Investors, Outdoor Cord Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.