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Bermuda Electrical Equipment Industry Outlook 2022 - 2026

See how Bermuda Electrical Equipment performed compared to key markets such as China, South Korea and the United States.

Key Market Indicators

Bermudian exports of electrical equipment are expected to reach $1.1 million in 2026, down 2.4% from 2021's $1.2 million. Since 2017, Bermudian supply has increased by 31.4%. The country was ranked 128th in 2021, overtaken by Aruba with $1.2 million. South Korea, the United States and Germany were the top 3 countries in the ranking. Meanwhile, Bermudian imports of electrical equipment will reach $60 million in 2026, up 0.4% from 2021's $59 million. Since 2015, Bermudian demand has risen by 2.3%. The country was 132nd in 2021, behind Belize's $59 million. The United States, Germany and Singapore were the top 3 countries in the ranking.

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Bermuda Electrical Equipment Market Data and Forecasts