The receptacles market is expected to grow at a compound annual growth rate of 5.11% over the forecast period to reach a market size of US$4.613 billion in 2026 from US$3.421 billion in 2020. The interest for advanced receptacles is credited to the guarantee of security while dealing with electric utility items from abrupt breakdown and short-circuits. The receptacles market has been classified based on product type, current, applications, and geography.
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