+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Electrical Equipment Global Market Report 2022, By Type, By End-Use, By Sales Channel, By Mode

  • PDF Icon

    Report

  • 400 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5562294

The Electrical Equipment Global Market Report 2022 provides strategists, marketers and senior management with the critical information they need to assess the global electrical equipment market as it emerges from the COVID-19 shut down.


Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the electrical equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electrical Equipment market global report from the publisher answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider electrical equipment market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery
  • Market segmentations break down market into sub markets
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
  • The electrical equipment market section of the report gives context. It compares the electrical equipment market with other segments of the electrical and electronics market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, electrical equipment indicators comparison

Scope

Markets Covered:

1) By Type: Electric Lighting Equipment; Household Appliances; Power Generation; Transmission And Control Equipment; Batteries; Wires And Cables
2) By End-Use: B2B; B2C
3) By Sales Channel: OEM; Aftermarket
4) By Mode: Online; Offline

Subsegments Covered: General Lighting; Automotive Lighting; Back Lighting; Small Electrical Appliance; Household Cooking Appliance; Household Refrigerator And Home Freezer; Household Laundry Equipment; Other Major Household Appliance; Transformer; Electric Motor And Generator; Switchgear And Switchboard Apparatus; Relay And Industrial Controls; Secondary Batteries; Primary Batteries; Other Cables; Coaxial Cables; Fiber Optical Cable

Companies Mentioned: Samsung Electronics Co. Ltd.; Haier Smart Home Co. Ltd.; Siemens AG; LG Electronics; Sumitomo Electric Industries Ltd.

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, electrical equipment indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.



This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Electrical Equipment Market

What is the estimated value of the Global Electrical Equipment Market?

The Global Electrical Equipment Market was estimated to be valued at $1540.25 billion in 2022.

What is the growth rate of the Global Electrical Equipment Market?

The growth rate of the Global Electrical Equipment Market is 10.2%, with an estimated value of $2273.74 billion by 2026.

What is the forecasted size of the Global Electrical Equipment Market?

The Global Electrical Equipment Market is estimated to be worth $2273.74 billion by 2026.

Who are the key companies in the Global Electrical Equipment Market?

Key companies in the Global Electrical Equipment Market include Samsung Electronics Co. Ltd., Haier Smart Home Co. Ltd., Siemens AG, LG Electronics, Sumitomo Electric Industries Ltd., Panasonic Corporation, Schneider Electric SE, Qingdao Haier Co. Ltd. and Whirlpool Corp..

Table of Contents

1. Executive Summary2. Report Structure
3. Electrical Equipment Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Electrical Equipment Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Electrical Equipment Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Electrical Equipment Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Electrical Equipment Market Trends And Strategies8. Impact Of COVID-19 On Electrical Equipment
9. Electrical Equipment Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Electrical Equipment Market Regional Analysis
10.1. Global Electrical Equipment Market, 2021, By Region, Value ($ Billion)
10.2. Global Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Electrical Equipment Market, Growth And Market Share Comparison, By Region
11. Electrical Equipment Market Segmentation
11.1. Global Electrical Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Electric Lighting Equipment
  • Household Appliances
  • Power Generation, Transmission And Control Equipment
  • Batteries
  • Wires And Cables
11.2. Global Electrical Equipment Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • B2B
  • B2C
11.3. Global Electrical Equipment Market, Segmentation By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • OEM
  • Aftermarket
11.4. Global Electrical Equipment Market, Segmentation By Mode, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Online
  • Offline

12. Electrical Equipment Market Segments
12.1. Global Electric Lighting Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - General Lighting; Automotive Lighting; Back Lighting
12.2. Global Household Appliances Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Small Electrical Appliance; Household Cooking Appliance; Household Refrigerator And Home Freezer; Household Laundry Equipment; Other Major Household Appliance
12.3. Global Power Generation, Transmission And Control Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Transformer; Electric Motor And Generator; Switchgear And Switchboard Apparatus; Relay And Industrial Controls
12.4. Global Batteries Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Secondary Batteries; Primary Batteries
12.5. Global Wires And Cables Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Other Cables; Coaxial Cables; Fiber Optical Cable
13. Electrical Equipment Market Metrics
13.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Electrical Equipment Market Expenditure, 2016-2026, Global
14. Asia-Pacific Electrical Equipment Market
14.1. Asia-Pacific Electrical Equipment Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
14.3. Asia-Pacific, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
14.4. Asia-Pacific, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Electrical Equipment Market Metrics
14.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Asia-Pacific Countries
14.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, Asia-Pacific Countries
14.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, Asia-Pacific Countries
14.6. Asia-Pacific Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7. Asia-Pacific Electrical Equipment Market: Country Analysis
14.7.1. China Electrical Equipment Market
14.7.1.1. China Electrical Equipment Market Overview
14.7.1.2. China Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.2. Australia Electrical Equipment Market
14.7.2.1. Australia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.3. Hong Kong Electrical Equipment Market
14.7.3.1. Hong Kong Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.4. India Electrical Equipment Market
14.7.4.1. India Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.5. Indonesia Electrical Equipment Market
14.7.5.1. Indonesia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.6. Japan Electrical Equipment Market
14.7.6.1. Japan Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.7. Malaysia Electrical Equipment Market
14.7.7.1. Malaysia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.8. New Zealand Electrical Equipment Market
14.7.8.1. New Zealand Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.9. Philippines Electrical Equipment Market
14.7.9.1. Philippines Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.10. Singapore Electrical Equipment Market
14.7.10.1. Singapore Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.11. South Korea Electrical Equipment Market
14.7.11.1. South Korea Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.12. Thailand Electrical Equipment Market
14.7.12.1. Thailand Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.13. Vietnam Electrical Equipment Market
14.7.13.1. Vietnam Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15. Western Europe Electrical Equipment Market
15.1. Western Europe Electrical Equipment Market Overview
15.2. Western Europe, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
15.3. Western Europe, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
15.4. Western Europe, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Electrical Equipment Market Metrics
15.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Western Europe Countries
15.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, Western Europe Countries
15.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, Western Europe Countries
15.6. Western Europe Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7. Western Europe Electrical Equipment Market: Country Analysis
15.7.1. Austria Electrical Equipment Market
15.7.1.1. Austria Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.2. Belgium Electrical Equipment Market
15.7.2.1. Belgium Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.3. Denmark Electrical Equipment Market
15.7.3.1. Denmark Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.4. Finland Electrical Equipment Market
15.7.4.1. Finland Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.5. France Electrical Equipment Market
15.7.5.1. France Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.6. Germany Electrical Equipment Market
15.7.6.1. Germany Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.7. Ireland Electrical Equipment Market
15.7.7.1. Ireland Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.8. Italy Electrical Equipment Market
15.7.8.1. Italy Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.9. Netherlands Electrical Equipment Market
15.7.9.1. Netherlands Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.10. Norway Electrical Equipment Market
15.7.10.1. Norway Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.11. Portugal Electrical Equipment Market
15.7.11.1. Portugal Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.12. Spain Electrical Equipment Market
15.7.12.1. Spain Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.13. Sweden Electrical Equipment Market
15.7.13.1. Sweden Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.14. Switzerland Electrical Equipment Market
15.7.14.1. Switzerland Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.15. UK Electrical Equipment Market
15.7.15.1. UK Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16. Eastern Europe Electrical Equipment Market
16.1. Eastern Europe Electrical Equipment Market Overview
16.2. Eastern Europe, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
16.3. Eastern Europe, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
16.4. Eastern Europe, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Electrical Equipment Market Metrics
16.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Eastern Europe Countries
16.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, Eastern Europe Countries
16.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, Eastern Europe Countries
16.6. Eastern Europe Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7. Eastern Europe Electrical Equipment Market: Country Analysis
16.7.1. Czech Republic Electrical Equipment Market,
16.7.1.1. Czech Republic Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.2. Poland Electrical Equipment Market
16.7.2.1. Poland Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.3. Romania Electrical Equipment Market
16.7.3.1. Romania Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.4. Russia Electrical Equipment Market
16.7.4.1. Russia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17. North America Electrical Equipment Market
17.1. North America Electrical Equipment Market Overview
17.2. North America, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
17.3. North America, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
17.4. North America, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
17.5. North America, Electrical Equipment Market Metrics
17.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, North America Countries
17.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, North America Countries
17.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, North America Countries
17.6. North America Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7. North America Electrical Equipment Market: Country Analysis
17.7.1. Canada Electrical Equipment Market
17.7.1.1. Canada Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.2. Mexico Electrical Equipment Market
17.7.2.1. Mexico Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.3. USA Electrical Equipment Market
17.7.3.1. USA Electrical Equipment Market Overview
17.7.3.2. USA Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18. South America Electrical Equipment Market
18.1. South America Electrical Equipment Market Overview
18.2. South America, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
18.3. South America, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
18.4. South America, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
18.5. South America, Electrical Equipment Market Metrics
18.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, South America Countries
18.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, South America Countries
18.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, South America Countries
18.6. South America Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7. South America Electrical Equipment Market: Country Analysis
18.7.1. Argentina Electrical Equipment Market
18.7.1.1. Argentina Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.2. Brazil Electrical Equipment Market
18.7.2.1. Brazil Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.3. Chile Electrical Equipment Market
18.7.3.1. Chile Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.4. Colombia Electrical Equipment Market
18.7.4.1. Colombia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.5. Peru Electrical Equipment Market
18.7.5.1. Peru Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.6. Venezuela Electrical Equipment Market
18.7.6.1. Venezuela Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19. Middle East Electrical Equipment Market
19.1. Middle East Electrical Equipment Market Overview
19.2. Middle East, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
19.3. Middle East, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
19.4. Middle East, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
19.5. Middle East, Electrical Equipment Market Metrics
19.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Middle East Countries
19.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, Middle East Countries
19.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, Middle East Countries
19.6. Middle East Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7. Middle East Electrical Equipment Market: Country Analysis
19.7.1. Saudi Arabia Electrical Equipment Market
19.7.1.1. Saudi Arabia Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.2. Israel Electrical Equipment Market
19.7.2.1. Israel Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.3. Turkey Electrical Equipment Market
19.7.3.1. Turkey Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.4. UAE Electrical Equipment Market
19.7.4.1. UAE Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20. Africa Electrical Equipment Market
20.1. Africa Electrical Equipment Market Overview
20.2. Africa, Electrical Equipment Market, 2021, By Country, Value ($ Billion)
20.3. Africa, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
20.4. Africa, Electrical Equipment Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
20.5. Africa, Electrical Equipment Market Metrics
20.5.1. Electrical Equipment Market Size, Percentage Of GDP, 2016-2026, Africa Countries
20.5.2. Number of Enterprises, Electrical Equipment Market, Electrical Equipment Market/Number of Enterprises, 2021, Africa Countries
20.5.3. Number of Employees, Electrical Equipment Market, Electrical Equipment Market/Number of Employees, 2021, Africa Countries
20.6. Africa Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7. Africa Electrical Equipment Market: Country Analysis
20.7.1. Egypt Electrical Equipment Market
20.7.1.1. Egypt Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.2. Nigeria Electrical Equipment Market
20.7.2.1. Nigeria Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.3. South Africa Electrical Equipment Market
20.7.3.1. South Africa Electrical Equipment Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
21. Electrical Equipment Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Samsung Electronics Co., Ltd.
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Haier Smart Home Co., Ltd.
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Siemens AG
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. LG Electronics
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Sumitomo Electric Industries Ltd.
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Electrical Equipment Market
23. Market Background: Electrical And Electronics Manufacturing Market
23.1. Electrical And Electronics Manufacturing Market Characteristics
23.2. Electrical And Electronics Manufacturing Market Historic and Forecast, 2016-2021, 2021-2026F, 2031F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Electrical And Electronics Manufacturing Market, 2021, By Region, Value ($ Billion)
23.4. Global Electrical And Electronics Manufacturing Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
23.5. Global Electrical And Electronics Manufacturing Market, 2016-2021, 2021-2026F, 2031F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Electrical Equipment Market In 2026 - Growth Countries
24.2. Global Electrical Equipment Market In 2026 - Growth Segments
24.3. Global Electrical Equipment Market In 2026 - Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. About the Publisher
26. Copyright And Disclaimer

Executive Summary

Major companies in the electrical equipment market include Samsung Electronics Co. Ltd., Haier Smart Home Co. Ltd., Siemens AG, LG Electronics, Sumitomo Electric Industries Ltd., Panasonic Corporation, Schneider Electric SE, Qingdao Haier Co. Ltd., Daikin Industries Ltd, and Whirlpool Corp.

The global electrical equipment market is expected to grow from $1,384.97 billion in 2021 to $1,540.25 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2,273.74 billion in 2026 at a CAGR of 10.2%.

The electrical equipment market consists of sales of products that generate, distribute and use electrical power by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power.

The main types of electrical equipment are electric lighting equipment, household appliances, power generation, transmission and control equipment, batteries and wires and cables. Home appliances are electrical machines that aid in household functions such as cooking, cleaning, and food storage. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users.

Asia Pacific was the largest region in the electrical equipment market in 2021. Western Europe was the second largest region in the electrical equipment market. Africa was the smallest region in the global electrical equipment market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electronic equipment. Technological development is a key for attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of electronic equipment manufacturing market during the forecast period.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the electrical equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electrical equipment manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Increasing use of portable electronic devices such as smart phones and tablets has led to the development of USB receptacles. USB receptacles offer convenient access to charge any kind of electronic device. The use of USB receptacles also eliminates the need to carry charging adapters. For example, EATON manufactures USB receptacles that have tamper resistant shutters and LED indicator lights and can be used to charge electronic devices such as tablets, mobile phones, cameras and MP3 players. For instance, some of the major companies manufacturing USB receptacles include Eaton, GE and Philips.

The countries covered in the electrical equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Samsung Electronics Co. Ltd.
  • Haier Smart Home Co. Ltd.
  • Siemens AG
  • LG Electronics
  • Sumitomo Electric Industries Ltd.
  • Panasonic Corporation
  • Schneider Electric SE
  • Qingdao Haier Co. Ltd.
  • Daikin Industries Ltd
  • Whirlpool Corp.

Methodology

Loading
LOADING...