General Electrical Equipment and Components Market Trends
The global general electrical equipment and components market size is expected to grow from USD 69.41 billion in 2021 to USD 71.74 billion in 2022 at a compound annual growth rate (CAGR) of 3.4%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. The general electrical equipment and components market is expected to reach $75.39 billion in 2026 at a CAGR of 0.6%.
The trade research company offers the Global General Electrical Equipment and Components Market 2022 report in its Research Reports Store. This is the most comprehensive report available on this market and will help you gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.
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The general electrical equipment and components market includes sales of general electrical equipment and components by entities (organizations, sole traders, and partnerships) that manufacture general electrical equipment and components. General electrical equipment and components consist of power converters (i.e. AC to DC and DC to AC), power supplies, surge suppressors, among others.
Some key players in the 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 and Automattic Inc.
The countries covered in the global general electrical equipment and components market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark , Egypt, Finland, France, Germany, Hong Kong, India, Indonesia. , Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
Regions covered in the global general electrical equipment and components market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
General Electrical Equipment and Components Market Segmentation:
1) By mode:
2) By sales channel:
3) By the end user:
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The table of contents of the report includes
2. General characteristics of the electrical equipment and components market
3. General Electrical Equipment and Components Market Size and Growth
4. General Electrical Equipment and Components Market Segmentation
5. Regional and Country Analysis of the General Electrical Equipment and Components Market
25. General Electrical Equipment and Components Market Competitive Landscape and Company Profiles
26. Major Mergers and Acquisitions in the General Electrical Equipment and Components Market
27. General Electrical Equipment and Components Market Trends and Strategies
28. General Electrical Equipment and Components Market Future Outlook and Potential Analysis
This report covers market trends and dynamics of the General Electrical Equipment and Components market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and United States -United. The report also includes consumer surveys and various future opportunities for the market.
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