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

Region:Global

Author(s):

Product Code:7392

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Published on

April 2020

Total pages

200

Table of Content

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About the Report

About the Report

Major players in the general electrical equipment and component 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 global general electrical equipment and component market was worth USD 373.73 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8.59% and reach USD 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.
 
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 general electrical equipment and component market covered in this report is segmented by end user into commercial, residential.
 
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 USD 9,083 per employee in regulatory costs. In total, the regulatory cost is around USD 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 USD 77.07. Thus, the adoption of high-end technologies directly impacts the sales in general electrical equipment and components 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.
 
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.
 
 

Products

Products

1) By End User: Commercial; Residential


Companies

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

Table of Contents

Table of Contents

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, USD 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, USD 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, USD 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, USD Billion

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

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global General Electrical Equipment And Component Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global General Electrical Equipment And Component Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Asia-Pacific, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: China, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: India, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: Japan, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Australia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: Indonesia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: South Korea, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: Western Europe, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: UK, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: Germany, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: France, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: Eastern Europe, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Russia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: North America, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: USA, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: South America, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: Brazil, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Middle East, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Africa, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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


List of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global General Electrical Equipment And Component Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global General Electrical Equipment And Component Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Asia-Pacific, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: China, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: India, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: Japan, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Australia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: Indonesia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: South Korea, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: Western Europe, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: UK, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: Germany, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: France, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: Eastern Europe, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Russia, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: North America, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: USA, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: South America, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: Brazil, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Middle East, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Africa, General Electrical Equipment And Component Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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

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