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Electrical Equipment Manufacturing Market Global Briefing 2018

Electrical Equipment Manufacturing Market Global Briefing 2018

  • January 2018
  • 39 pages
  • ID: 4907957

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The electrical equipment industry comprise establishments manufacturing electric lighting equipment, household appliances, electrical equipment manufacturing batteries, wires, and relay and other electrical equipment, electronic products and components.

Power Generation, Transmission and Control Manufacturing was the largest segment in the electrical equipment manufacturing market with around 30% share of the market. This can be attributed to comparatively high value of power, distribution and specialty transformers.

Household Appliances Manufacturing was the second largest segment with around 27% share of the market. This was mainly due to high demand for household appliances such as refrigerators, laundry equipment, electric and non-electric cooking appliances from many developed and developing economies. Wire And Cable Manufacturing was the third largest segment in the electrical equipment manufacturing market with around 25% share of the market.

It is followed by batteries manufacturing with around 11% share of the market. Electric Lighting Equipment Manufacturing was the fifth largest segment with around 7% share of the market. This was smallest segment in the electrical equipment manufacturing industry mainly due to comparatively low value of lighting equipment.

Asia Pacific was the largest region in the electrical equipment manufacturing market in 2017, accounting for around 58% market share. Western Europe was the second largest region accounting for around 18% market share. Middle East was the smallest region accounting for around 3% market share.

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