Electrical Equipment Global Market Report 2023 – B Electrical Equipment Global Market Report 2023 – By Type (Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables), By End-Use (B2B, B2C), By Sales Channel (OEM, Aftermarket), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

Electrical equipment produces products that generate, distribute and use electrical power. Electrical equipment's primary function is to accomplish work by converting electrical energy and controlling electrical energy, including protecting systems, property, and people. For further insights on the electrical equipment market, request a sample here

The electrical equipment market growth is aided by the rapid pace of innovations in electronics technology. However, some electrical equipment market restraints include the COVID-19 outbreak as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. For further insights on the electrical equipment market, request a sample here

The electrical equipment market is expected to reach $2190.31 billion in 2027 at a rate of 7.7%. For further insights on the electrical equipment market, request a sample here

The global electrical equipment market is segmented as
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
Subegments 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
For further insights on the electrical equipment market, request a sample here

Asia-Pacific was the largest region in the electrical equipment market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here request a sample here.

Key competitors in the electrical equipment market are, 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. For further insights on the electrical equipment market, request a sample here.

Major trends influencing the electrical equipment market include development of USB receptacles due to the increasing use of portable electronic devices such as smartphones and tablets. 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 further insights on the electrical equipment, request a sample here.

For detailed insights on the major opportunities and strategies in the electrical equipment market, request a sample here.

For detailed insights on electrical equipment market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the electrical equipment industry, request a sample here.

For detailed insights on the key dynamics influencing the electrical equipment market growth and SWOT analysis of the electrical equipment industry, request a sample here.