Pin and Sleeve Device Market Report 2026

The pin and sleeve device market size has grown strongly in recent years. It will grow from $87.33 billion in 2025 to $93.79 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth of industrial manufacturing facilities, expansion of construction and infrastructure projects, need for safe and reliable power connections, increased use of heavy electrical equipment, adoption of industrial safety standards.

The pin and sleeve device market size is expected to see strong growth in the next few years. It will grow to $128.18 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to rising electrification of industrial operations, growth in electric vehicle charging infrastructure, expansion of renewable energy installations, increasing focus on workplace electrical safety, demand for durable connectors in extreme environments. Major trends in the forecast period include rising demand for heavy duty power connections, growing adoption of watertight and dusttight devices, expansion of pin and sleeve devices in harsh environments, increasing standardization of industrial power connectors, demand for high current and high voltage connectors.

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.

The increasing production in the oil and gas industry is expected to drive the growth of the pin and sleeve device market going forward. Production in the oil and gas sector involves extracting crude oil and natural gas from underground reservoirs and preparing them for transportation, processing, and sale. This rising production is largely fueled by higher global demand, as growing energy consumption for transportation, industry, and electricity generation compels producers to supply more oil and gas to meet market requirements. Pin and sleeve devices support the oil and gas industry by providing reliable, high-capacity electrical connections that ensure safe power distribution in harsh and hazardous environments. For example, in January 2023, according to the Energy Information Administration, a US-based government agency, U.S. crude oil production was expected to average 12.4 million barrels per day in 2023, increasing to 12.8 million barrels per day in 2024. Therefore, the rising production in the oil and gas industry is fueling the growth of the pin and sleeve device market.

In September 2025, Leviton Manufacturing Co. Inc., a US-based manufacturing company, acquired the ArcArrest line of switch-rated pin and sleeve devices from Molex for an undisclosed amount. Through this acquisition, Leviton aims to expand and strengthen its industrial connectivity and safety portfolio, enhancing its solutions for demanding industrial environments. Molex LLC is a US-based company that provides pin and sleeve devices.

Major companies operating in the pin and sleeve device market are 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 2025. 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, South East Asia, 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, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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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