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General Electrical Equipment And Components Global Market Report 2020-30: Covid 19 Impact and Recovery

Starting Price : $ 4000.00 $3200.00 | Pages : 150 | Published : March 2020 | SKU CODE : 7392 | Format :


The general electrical equipment and component market consist of sales of general electrical equipment and component by entities (organizations, sole traders and partnerships) that manufacture general electrical equipment and component. The general electrical equipment and component consist of power converters (i.e., AC to DC and DC to AC), power supplies, surge suppressors among others.

The global general electrical equipment and component market was worth $373.73 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8.59% and reach $519.65 billion by 2023.

The general electrical equipment and component market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2019, Asia-Pacific was the largest region in the general electrical equipment and component market.

Electrical equipment are being equipped with IoT (Internet Of Things) which provides an edge on how tools are controlled and managed. IoT is the network of physical devices, vehicles, and other items embedded with electronics, software, sensors, actuators, and connectivity that enables them to connect, collect and exchange data. IoT is useful for reliable transmission, intelligent processing and electrical safety during over current or over voltage and can be operated remotely. For instance, in 2017 August Home released Doorbell Cam Pro that enables the owner to answer the door from any location. Thus, IoT is positively impacting the sales of electrical equipment and contributes to the growth of the market.

Government regulations related to environment and product quality significantly affect the electrical equipment manufacturing companies. These regulations increase the operating expenses throughout the supply chain including production, packaging, distribution and electronic equipment disposal. For example, during 2012, large American companies with employees more than 100, have paid an amount of $9,083 per employee in regulatory costs. In total, the regulatory cost is around $2.03 trillion USD though out the electronics sectors and other American industries. Thus, stringent government regulations obstruct the growth of the electrical equipment and component market.

Consumers are increasingly adopting tools and devices equipped with smart technology as they maximize security, increase energy efficiency, improve appliance functionality, are more convenient and flexible. Demand for smart homes and office spaces are increasing by the day. Innovation, adoption and deployment of new technologies in various electrical equipment is making the world smarter. High end technology devices are easy to use and help in smooth flow of regular activities encouraging companies to cater to such needs. For example, Philips has developed a personal wireless lighting system for smart homes that are easy to control and create the perfect ambience. Moreover, in 2019, the average revenue per installed smart home was US $77.07. Thus, the adoption of high-end technologies directly impacts the sales in general electrical equipment and components market.

In March 2019, Siemens, a German multinational conglomerate company announced plans to acquire solar string inverter business of KACO new energy GmbH for an undisclosed amount. This acquisition will give Siemens access to the latest technology in energy and KACO will benefit from the resource that required to expand. KACO new energy is a German manufacturer offering inverter and system technology for solar power plants.

Major players in the market are Panasonic Corporation, Samsung Electronics Co Ltd, ABB Ltd, Sumitomo Electric Industries Ltd, Toshiba Corporation, Eaton, Emerson Electric, Schneider Electric, Siemens, Wix.com Inc.

The major players in the global general electrical equipment and components market are Panasonic Corporation, Samsung Electronics Co Ltd,, ABB Ltd, Sumitomo Electric Industries Ltd, Toshiba Corporation,  Eaton, Emerson Electric, Schneider Electric, Siemens, Wix.com Inc, Automattic Inc., Open Source Matters Inc., Weebly Inc., Webs, Duda and Doodlebit LLC, ola Inc, IM CREATOR, SQUARESPACE, Sitey, JIMDO , WebStarts.com, Samsung electronics, Intel, Taiwan semiconductor, Micron Tehnology, Qualcomn

The countries covered in the global general electrical equipment and components market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

The Global General Electrical Equipment And Components Market is segmented: 1) By End User: Commercial, Residential

    1. Executive Summary

    2. General Electrical Equipment And Component  Market Characteristics

    3. General Electrical Equipment And Component  Market Size And Growth

    3.1. Global General Electrical Equipment And Component  Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global General Electrical Equipment And Component  Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. General Electrical Equipment And Component  Market Segmentation

    4.1. Global General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Commercial

    Residential

    5. General Electrical Equipment And Component  Market Regional And Country Analysis

    5.1. Global General Electrical Equipment And Component  Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global General Electrical Equipment And Component  Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific General Electrical Equipment And Component  Market  

    6.1. Asia-Pacific General Electrical Equipment And Component  Market Overview  

    6.2. Asia-Pacific General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China General Electrical Equipment And Component  Market  

    7.1. China General Electrical Equipment And Component  Market Overview  

    7.2. China General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India General Electrical Equipment And Component  Market  

    8.1. India General Electrical Equipment And Component  Market Overview  

    8.2. India General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan General Electrical Equipment And Component  Market  

    9.1. Japan General Electrical Equipment And Component  Market Overview  

    9.2. Japan General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia General Electrical Equipment And Component  Market  

    10.1. Australia General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia General Electrical Equipment And Component  Market  

    11.1. Indonesia General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea General Electrical Equipment And Component  Market  

    12.1. South Korea General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe General Electrical Equipment And Component  Market  

    13.1. Western Europe General Electrical Equipment And Component  Market Overview

    13.2. Western Europe General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK General Electrical Equipment And Component  Market  

    14.1. UK General Electrical Equipment And Component  Market Overview

    14.2. UK General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany General Electrical Equipment And Component  Market  

    15.1. Germany General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France General Electrical Equipment And Component  Market  

    16.3. France General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe General Electrical Equipment And Component  Market  

    17.1. Eastern Europe General Electrical Equipment And Component  Market Overview

    17.2. Eastern Europe General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia General Electrical Equipment And Component  Market  

    18.1. Russia General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America General Electrical Equipment And Component  Market  

    19.1. North America General Electrical Equipment And Component  Market Overview

    19.2. North America General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA General Electrical Equipment And Component  Market  

    20.1. USA General Electrical Equipment And Component  Market Overview

    20.2. USA General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America General Electrical Equipment And Component  Market  

    21.1. South America General Electrical Equipment And Component  Market Overview

    21.2. South America General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil General Electrical Equipment And Component  Market  

    22.1. Brazil General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East General Electrical Equipment And Component  Market  

    23.1. Middle East General Electrical Equipment And Component  Market Overview

    23.2. Middle East General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa General Electrical Equipment And Component  Market  

    24.1. Africa General Electrical Equipment And Component  Market Overview

    24.2. Africa General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. General Electrical Equipment And Component  Market Competitive Landscape And Company Profiles

    25.1. General Electrical Equipment And Component  Market Competitive Landscape

    25.2. General Electrical Equipment And Component  Market Company Profiles

    25.2.1. Panasonic Corporation

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Samsung Electronics Co Ltd,

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. ABB Ltd

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Sumitomo Electric Industries Ltd

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Toshiba Corporation

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The General Electrical Equipment And Component  Market

    27. General Electrical Equipment And Component  Market Trends And Strategies

    28. General Electrical Equipment And Component  Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global General Electrical Equipment And Component  Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global General Electrical Equipment And Component  Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Asia-Pacific, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: China, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: India, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Japan, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Australia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Indonesia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: South Korea, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Western Europe, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: UK, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Germany, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: France, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Eastern Europe, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Russia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: North America, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: USA, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: South America, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: Brazil, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Middle East, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Africa, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Panasonic Corporation Financial Performance
  • Table 26: Samsung Electronics Co Ltd, Financial Performance
  • Table 27: ABB Ltd Financial Performance
  • Table 28: Sumitomo Electric Industries Ltd Financial Performance
  • Table 29: Toshiba Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global General Electrical Equipment And Component  Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global General Electrical Equipment And Component  Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Asia-Pacific, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: China, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: India, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Japan, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Australia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Indonesia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: South Korea, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Western Europe, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: UK, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Germany, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: France, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Eastern Europe, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Russia, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: North America, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: USA, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: South America, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: Brazil, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Middle East, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Africa, General Electrical Equipment And Component  Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Panasonic Corporation Financial Performance
  • Figure 26: Samsung Electronics Co Ltd, Financial Performance
  • Figure 27: ABB Ltd Financial Performance
  • Figure 28: Sumitomo Electric Industries Ltd Financial Performance
  • Figure 29: Toshiba Corporation Financial Performance
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