The Business Research Company’s Electrical Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electrical Equipment Global Market Report 2023 evaluates electrical equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global electrical equipment market grew from $1503.21 billion in 2022 to $1630.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electrical equipment market is expected to grow to $2190.31 billion in 2027 at a CAGR of 7.7%.
The electrical equipment market segments in the report are:
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
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The table of contents in TBRC’s electrical equipment market report includes:
1. Executive Summary
2. Report Structure
3. Electrical Equipment Market Characteristics
4. Electrical Equipment Market Product Analysis
5. Electrical Equipment Market Supply Chain
.....
21. Electrical Equipment Market Competitive Landscape
22. Key Mergers And Acquisitions In The Electrical Equipment Market
23. Market Background: Electrical And Electronics Manufacturing Market
24. Recommendations
25. Appendix
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