Report overview
The electrical equipment manufacturing market comprises establishments manufacturing electric lighting equipment, household appliances, electrical equipment manufacturing batteries, wires, and relay and other electrical equipment, electronic products and components.
This report contains market size and forecasts of Electrical Equipment Manufacturing in Global, including the following market information:
Global Electrical Equipment Manufacturing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Electrical Equipment Manufacturing market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Generation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrical Equipment Manufacturing include Panasonic, Samsung Electronics, ABB, Sumitomo Electric Industries and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electrical Equipment Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Equipment Manufacturing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electrical Equipment Manufacturing Market Segment Percentages, by Type, 2021 (%)
Power Generation
Transmission And Control Manufacturing
Household Appliances Manufacturing
Communication And Energy Wire And Cable
Electric Lighting Equipment Manufacturing.
Global Electrical Equipment Manufacturing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electrical Equipment Manufacturing Market Segment Percentages, by Application, 2021 (%)
Household
Commercial
Global Electrical Equipment Manufacturing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electrical Equipment Manufacturing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical Equipment Manufacturing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Electrical Equipment Manufacturing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
Samsung Electronics
ABB
Sumitomo Electric Industries
Toshiba