Wiring Devices Evolve as Cornerstone of Connected, Energy-Efficient Buildings
Modern wiring devices have evolved into smart, adaptable components essential to today’s connected buildings. With global revenues expected to reach US$ 91.7 billion by 2032, the market is growing rapidly on the back of energy efficiency mandates, safety standards, and smart automation. Commercial and residential buildings are increasingly using voice-controlled systems, load-balancing sockets, and modular power infrastructure. Regions like North America and Europe are modernizing grids, while Asia Pacific leads with smart city developments. As the backbone of electrified spaces, wiring devices are enabling sustainability, digital control, and safer energy systems worldwide.