Global Electrical Equipment Market Future Industry Growth Analysis 2021

Posted by vamshi krishna on January 12th, 2021

The Electrical Equipment Global Market Report 2020-30 by The Business Research Company describes and explains the global electrical equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The Electrical Equipment Global Market Report 2021 covers electrical equipment market drivers, electrical equipment market trends, electrical equipment market segments, electrical equipment market growth rate, electrical equipment market major players, and electrical equipment market size.

The electrical equipment market report provides an in-depth analysis of the impact of COVID-19 on the global electrical equipment industry, along with revised market numbers due to the effects of the coronavirus and the expected electrical equipment market growth numbers 2021-2030.

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Electrical Equipment Global Market Report 2021 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 of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global electrical equipment market is expected to grow from 79.97 billion in 2020 to 71.11 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The market is expected to reach 61.61 billion in 2025 at a CAGR of 7%.

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The report covers the electrical equipment market’s 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

Subsegments 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

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