- Smart wiring devices, including switches, outlets, and smart locks, are becoming essential components in modern residential and commercial buildings, enhancing convenience, energy efficiency, and integration with smart home and building automation systems
- The growing demand for connected and automated wiring devices is fueled by the increasing adoption of IoT-enabled smart home technologies, rising consumer preference for energy management, and growing awareness of safety and security features
- Asia-Pacific dominates the wiring device manufacturing market with a substantial market share of approximately 42.7% in 2025, driven by rapid urbanization, large-scale smart city projects, rising disposable incomes, and increasing investments in residential and commercial infrastructure development across countries such as China, India, Japan, and South Korea
- Europe is expected to witness significant growth, capturing around 25.3% market share by 2025, supported by stringent energy efficiency regulations, growing adoption of smart home technologies, and increasing investments in modernizing residential and commercial electrical infrastructure
- The wire connectors segment is anticipated to lead the product category with a market share of approximately 43.2% in 2025, driven by its essential role in electrical wiring systems, ease of installation, and increasing demand across residential, commercial, and industrial sectors
