Electrical Equipment Market Report 2021 | Industry Overview, Estimated Value, Growth, Trends, Business Analysis 2030

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Electrical Equipment Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the electrical equipment industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected electrical equipment market growth numbers 2021-2030.

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The Electrical Equipment Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global electrical equipment market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Electrical Equipment Global Market Report 2021 covers electrical equipment market drivers, electrical equipment market trends, electrical equipment market growth rate, electrical equipment market major players, player-adopted strategies in the market, and electrical equipment market size.

The global electrical equipment market reached a value of nearly $1,180.0 billion in 2020, having increased at a compound annual growth rate (CAGR) of 3.1% since 2015. The market is expected to grow at a CAGR of 7.1% from 2020 to reach $1,662.7 billion in 2025.  The global electrical equipment market is expected to reach $2,248.2 billion in 2030, at a CAGR of 6.2%.

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 The report covers the electrical equipment market segments-
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

Sub segments 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

About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.

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