Pin and Sleeve Device Market Report 2025

The pin and sleeve device market size has grown strongly in recent years. It will grow from $82.06 billion in 2024 to $88.7 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to industrial growth, stringent safety regulations, rise in construction activities, increase in power generation, focus on worker productivity, and expansion of data centers.

The pin and sleeve device market size is expected to see strong growth in the next few years. It will grow to $121.37 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to renewable energy integration, focus on energy efficiency, increasing industrial automation, evolving safety standards, electrification of transportation, and expansion of telecommunication networks. Major trends in the forecast period include technological advances in connector design, product innovations, demand for corrosion-resistant materials, customization and modularity, and integration of smart technologies.

The anticipated expansion of data centers is poised to fuel the growth of the pin-and-sleeve device market. Data centers, central to consolidating a company's shared IT infrastructure for data processing and storage, heavily rely on pin-and-sleeve devices in open-standard applications. These devices optimize power usage, reduce data center server costs per rack, and enhance overall server cost efficiency. For instance, in February 2021, the Korea Data Center Council (KDCC) reported that colocation data centers' overall capacity in Korea reached 430 MW by the end of 2020, constituting 11% of the total APAC IT load. Savills Korea projected a further expansion, estimating a 700 MW increase in total commercial data center IT load from 2021 to 2023, contributing to 15% of overall Asia-Pacific capacity. Thus, the growth of data centers acts as a driving force for the pin-and-sleeve device market.

The growth of data centers is anticipated to drive the expansion of the pin and sleeve device market in the future. A data center is a facility that consolidates a company's shared IT infrastructure and operations for data processing and storage. Pin and sleeve devices play a crucial role in data center hardware designs, particularly in open-standard applications where their value is easily recognized due to their ability to optimize power usage, reduce the cost of data center servers per rack, and lower the cost per server. For example, in January 2022, the Campfil Group, a US-based air filter company, reported that the number of data centers in the US had reached 2,751. Additionally, Germany has 484 data centers, the UK has 458, China has 447, and Canada has 324. As a result, the expansion of data centers is fueling the growth of the pin and sleeve device market.

The expanding construction industry is expected to drive the growth of the pin-and-sleeve device market in the future. The construction industry includes the planning, design, development, construction, and maintenance of physical structures and infrastructure. Pin and sleeve devices are widely used in construction for temporary power distribution, connecting equipment, and powering tools and appliances. They provide secure and standardized electrical connections on construction sites, ensuring compliance with safety standards and facilitating efficient power supply for various applications. For example, in February 2024, the UK-based Office for National Statistics reported that annual construction output in 2023 increased by 2% compared to 2022, marking the third consecutive year of growth in the sector. Although there was a 1.3% decrease in Q4 2023, the overall annual performance shows resilience in the construction industry. Therefore, the rise in construction activities is fueling the growth of the pin-and-sleeve device market.

Major players in the pin-and-sleeve device market are strategically developing new products, such as pin and sleeve connectors with auxiliary contacts, to gain a competitive advantage. Auxiliary contacts in these connectors provide secondary sets of contacts for control signal distribution, interlocking, or monitoring, offering additional functionality beyond the main switching action. For instance, Hubbell Wiring Device-Kellems introduced the Advantage Series Pin and Sleeve connectors in May 2022, featuring auxiliary contacts designed for control circuits. These connectors, rated as motor disconnects, enhance safety and communication with Variable Frequency Drives (VFDs) and other auxiliary equipment. The design includes an oversized ground contact for safety and ease of use in various industrial settings, catering to applications in food and beverage, water processing, dairy, manufacturing, agriculture, and fast-food industries.

In February 2022, GE Current acquired Hubbell's commercial and industrial (C&I) lighting business for an undisclosed amount. Through this acquisition, GE Current aimed to expand its offerings in lamps, fixtures, and controls tailored for the C&I, signage, roadway, horticulture, and transportation markets. Hubbell, a leading manufacturer and seller of pin-and-sleeve devices, became part of this strategic move.

Major companies operating in the pin and sleeve device market include Schneider Electric SE, ABB Ltd., Eaton Corporation, Emerson Electric Co., Amphenol Corporation, Legrand Group, Molex LLC, Phoenix Contact, Hubbell Incorporated, Lapp Group, Leviton Manufacturing Co. Inc., Wieland Electric GmbH, Gewiss S.p.A, R Stahl AG, Mennekes International, Steute Technologies GmbH & Co. KG, HUMMEL AG, Cortem Group, Woertz AG, Marechal Electric Group, CMP Products, WALTHER-WERKE Ferdinand Walther GmbH, Palazzoli S.p.A, IDE Electric S.L., Bals Elektrotechnik GmbH & Co KG, I.L.M.E. S.p.A., METZ CONNECT GmbH.

North America was the largest region in the pin and sleeve device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pin and sleeve device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pin and sleeve device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Pin-and-sleeve devices are utilized to interlock a ground pin with a keyway on the outside of a plug, ensuring a secure and sealed power connection. These devices are known for their reliability and consistency, making them commonly employed in heavy-duty industrial applications.

The main types of pin and sleeve devices include plugs, connectors, receptacles, inlets, and others. Plugs, specifically, are a type of pin-and-sleeve device that features pin terminals and is connected to receptacles and connectors. These devices are crafted from both metallic and non-metallic materials, catering to various end-uses, including residential, commercial, and industrial applications.

The pin and sleeve device market research report is one of a series of new reports that provides pin and sleeve device market statistics, including pin and sleeve device industry global market size, regional shares, competitors with a pin and sleeve device market share, detailed pin and sleeve device market segments, market trends and opportunities, and any further data you may need to thrive in the pin and sleeve device industry. This pin and sleeve device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The pin and sleeve device market consists of sales of closure caps, tight adapters, and metallic interlocks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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