Cable Lugs Market Share

Market Share of Cable Lugs Industry

The cable lugs market is fragmented. Many players are catering the cable lugs to large industrial and commercial needs. Moreover, with major players, many local manufacturers are also competing in price which makes the market competitive and fragmented. Some of the key players include Schneider Electric SE, Legrand SEICO, ABB Ltd, Chatsworth Products Inc., Helukabel, 3M Corporation, Amphenol Corporation, Klauke (Emerson), Hubbel Incorporated, Cooper Industries (Eaton Corporation), among others.

• June 2019 - The Weidmüller Group, acquired a minority stake in ORing Industrial Networking Corporation (abbr: ORing). With the minority interest, Weidmüller strengthens its strategic partnership with ORing and enables a deepening of technological cooperation.
• Apr 2019 - US-based Carlyle Group and Schneider announced the enhancement of its partnership to develop innovative infrastructure projects. Apart from creating new investment and energy-as-a-service opportunities, this collaboration will apply Schneider's capabilities in advanced connectivity and real-time insights to Carlyle infrastructure and microgrid investments.

Cable Lugs Market Leaders

1. The 3M Company​

2. Weidmüller Interface GmbH & Co. KG​

3. Legrand SA​

4. Schneider Electric ​

5. Hubbell Incorporated

*Disclaimer: Major Players sorted in no particular order