The Global Electrical And Electronics Manufacturing Market

Posted by praneeth on July 9th, 2018

The electrical and electronics manufacturing market industry comprises of establishments that are involved in manufacturing of equipment such as electric motors, primary and storage batteries, generators, semiconductors and household appliances

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The market is valued at more than USD 2 trillion in 2017 due to the adoption of virtual reality technologies by electronic manufacturing companies to improve manufacturing efficiency.

The electrical and electronics manufacturing market in The Business Research Company’s report is segmented into three segments, namely electrical equipment manufacturing, electronic products manufacturing, and navigational, measuring, electro medical and control instruments manufacturing.While the first segment accounts for more than half of the market share, the remaining share is attributed to the other segments.

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China was the largest country in the electrical and electronics manufacturing market in 2017, accounting for almost one-third of the market share. China was followed by the USA and Germany as the next largest countries in the market.

Samsung Electronics Co Ltd. was the largest company in the electrical and electronics manufacturing market, followed by Panasonic CorporationandIntel Corporation.Samsung Electronics Co Ltd. Is headquartered in South Korea. Samsung is a global electronic manufacturing company founded in 1969 and has 169 subsidiaries worldwide. The company employs more than 300,000 employees across 80 countries.

About The Business Research Company.

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