Global $1661 Electrical Equipment Markets Analysis & Forecasts, 2015-2020, 2020-2025F, 2030F - ResearchAndMarkets.com

DUBLIN--()--The "Electrical Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Major companies in the electrical equipment market include Panasonic Corporation; Samsung Electronics Co Ltd; ABB Ltd; Sumitomo Electric Industries Ltd and Toshiba Corporation.

The global electrical equipment market is expected to grow from $1179.97 billion in 2020 to $1271.11 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The market is expected to reach $1661.61 billion in 2025 at a CAGR of 7%.

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 electrical equipment market is segmented into electric lighting equipment; household appliances; power generation, transmission and control; batteries and wires and cables.

Asia Pacific was the largest region in the global electrical equipment market, accounting for 45% of the market in 2020. Western Europe was the second largest region accounting for 22% of the global electrical equipment market. Africa was the smallest region in the global electrical equipment market.

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 rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electronic equipments. 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.

Key Topics Covered:

1. Executive Summary

2. 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 Strategies

8. 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, 2020, By Region, Value ($ Billion)

10.2. Global Electrical Equipment Market, 2015-2020, 2020-2025F, 2030F, 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, 2015-2020, 2020-2025F, 2030F, $ 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, 2015-2020, 2020-2025F, 2030F, $ Billion

  • B2B
  • B2C

11.3. Global Electrical Equipment Market, Segmentation By Sales Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • OEM
  • Aftermarket

11.4. Global Electrical Equipment Market, Segmentation By Mode, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Online
  • Offline

12. Electrical Equipment Market Segments

12.1. Global Electric Lighting Equipment Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - General Lighting; Automotive Lighting; Back Lighting

12.2. Global Household Appliances Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, 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, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Transformer; Electric Motor And Generator; Switchgear And Switchboard Apparatus; Relay And Industrial Controls

12.4. Global Batteries Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Secondary Batteries; Primary Batteries

12.5. Global Wires And Cables Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Other Cables; Coaxial Cables; Fiber Optical Cable

13. Electrical Equipment Market Metrics

13.1. Electrical Equipment Market Size, Percentage Of GDP, 2015-2025, Global

13.2. Per Capita Average Electrical Equipment Market Expenditure, 2015-2025, Global

Companies Mentioned

  • Panasonic Corporation
  • Samsung Electronics Co Ltd
  • ABB Ltd
  • Sumitomo Electric Industries Ltd
  • Toshiba Corporation

For more information about this report visit https://www.researchandmarkets.com/r/mxuik9

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900