Analysis of Global Total Researchers in the Manufacture of Electrical Equipment reveals China as the clear leader with a significant share of 60.92%. South Korea, Germany, Japan, and the United Kingdom follow with shares of 10.64%, 9.22%, 7.57%, and 2.07%, respectively. In 2023, notable year-on-year variations include increases in South Korea (4.54%) and Poland (5.73%), while Japan and Canada saw declines of 6.75% and 6.44%, respectively. Over the past five years, CAGR trends underscore steady growth in most European countries, with varying dynamics in the Asia-Pacific region.
Future trends to watch include potential shifts in research focus as technological advancements drive demand for innovation in electrical equipment. Countries like China, South Korea, and Germany are likely to maintain their leading positions, though shifts toward renewable and smart technologies may redefine competitive dynamics and alter regional shares in years to come.
Top countries in Total Researchers in Manufacture of Electrical Equipment Share by Country (Units (Full-Time Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 60.92 | 2023 | +1.67% | +2.43% | View data |
| 2 | 2 South Korea | 10.64 | 2023 | +4.44% | +4.54% | View data |
| 3 | 3 Germany | 9.22 | 2023 | +2.34% | +1.76% | View data |
| 4 | 4 Japan | 7.57 | 2023 | -8.86% | -6.75% | View data |
| 5 | 5 United Kingdom | 2.07 | 2023 | +3.42% | +3.08% | View data |
| 6 | 6 Italy | 2 | 2023 | +3.3% | +2.92% | View data |
| 7 | 7 Taiwan | 1.94 | 2023 | +2.81% | +2.44% | View data |
| 8 | 8 Poland | 1.53 | 2023 | +4.02% | +5.73% | View data |
| 9 | 9 Czech Republic | 1.4 | 2023 | +4.39% | +2.82% | View data |
| 10 | 10 Canada | 0.81 | 2023 | +0.22% | -6.44% | View data |
