
Industrial Electrical Equipment & Accessories Market by Product (Accessories, Equipment), Application (Aftermarket, OEM), End-user - Global Forecast 2024-2030
Description
Industrial Electrical Equipment & Accessories Market by Product (Accessories, Equipment), Application (Aftermarket, OEM), End-user - Global Forecast 2024-2030
The Industrial Electrical Equipment & Accessories Market size was estimated at USD 774.82 billion in 2023 and expected to reach USD 812.65 billion in 2024, at a CAGR 5.27% to reach USD 1,110.47 billion by 2030.
Global Industrial Electrical Equipment & Accessories Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Industrial Electrical Equipment & Accessories Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial Electrical Equipment & Accessories Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Industrial Electrical Equipment & Accessories Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., CG Power and Industrial Solutions Limited, Danaher Corporation, Delta Electronics, Inc., Eaton Corporation PLC, Emerson Electric Co., Fuji Electric Co., Ltd., General Electric Company, Haier Group, Honeywell International Inc., Incotex Electronics Group,, Johnson Controls International PLC, Larsen and Toubro Ltd., Mitsubishi Electric Corporation, Omron Corporation, Panasonic Corporation, Rockwell Automation Inc., Samsung Electronics Co. Ltd., Schneider Electric SE, Siemens AG, TE Connectivity Ltd., The 3M Company, and Toshiba Corporation.
Market Segmentation & Coverage
This research report categorizes the Industrial Electrical Equipment & Accessories Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Accessories
Electrical Enclosure
Panelboards
Wire cable
Equipment
Automation & Control Equipment
Connectors & Wiring Devices
Electric Motors & Starters
Fuses, Circuit Breakers & Switches
Industrial Lighting Fixtures & LED Lights
Miniature Circuit Breaker
Monitoring & Controlling Devices
Motor Control Solution
Power Distribution Equipment
Pushbuttons
Sockets
Switchgear
Transformers
Application
Aftermarket
OEM
End-user
Manufacturing
Oil & Gas
Power Utility
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Industrial Electrical Equipment & Accessories Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial Electrical Equipment & Accessories Market?
3. What are the technology trends and regulatory frameworks in the Industrial Electrical Equipment & Accessories Market?
4. What is the market share of the leading vendors in the Industrial Electrical Equipment & Accessories Market?
5. Which modes and strategic moves are suitable for entering the Industrial Electrical Equipment & Accessories Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Industrial Electrical Equipment & Accessories Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising need for uninterrupted and reliable power transmission system at industrial scale
- 5.1.1.2. Substantial adoption from oil & gas and manufacturing sector
- 5.1.1.3. Favorable regulations and guidelines for electrical safety
- 5.1.2. Restraints
- 5.1.2.1. Concern regarding failure issues of industrial electrical equipment & accessories
- 5.1.3. Opportunities
- 5.1.3.1. Emerging trend in the utilization of renewable energy in production plants
- 5.1.3.2. Integration of advanced technologies and introduction of innovative materials
- 5.1.4. Challenges
- 5.1.4.1. Issues pertaining to counterfeit industrial electrical equipment & accessories
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Industrial Electrical Equipment & Accessories Market, by Product
- 6.1. Introduction
- 6.2. Accessories
- 6.3.1. Electrical Enclosure
- 6.3.2. Panelboards
- 6.3.3. Wire cable
- 6.3. Equipment
- 6.4.1. Automation & Control Equipment
- 6.4.2. Connectors & Wiring Devices
- 6.4.3. Electric Motors & Starters
- 6.4.4. Fuses, Circuit Breakers & Switches
- 6.4.5. Industrial Lighting Fixtures & LED Lights
- 6.4.6. Miniature Circuit Breaker
- 6.4.7. Monitoring & Controlling Devices
- 6.4.8. Motor Control Solution
- 6.4.9. Power Distribution Equipment
- 6.4.
- 10. Pushbuttons
- 6.4.
- 11. Sockets
- 6.4.
- 12. Switchgear
- 6.4.
- 13. Transformers
- 7. Industrial Electrical Equipment & Accessories Market, by Application
- 7.1. Introduction
- 7.2. Aftermarket
- 7.3. OEM
- 8. Industrial Electrical Equipment & Accessories Market, by End-user
- 8.1. Introduction
- 8.2. Manufacturing
- 8.3. Oil & Gas
- 8.4. Power Utility
- 9. Americas Industrial Electrical Equipment & Accessories Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Industrial Electrical Equipment & Accessories Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.
- 10. South Korea
- 10.
- 11. Taiwan
- 10.
- 12. Thailand
- 10.
- 13. Vietnam
- 11. Europe, Middle East & Africa Industrial Electrical Equipment & Accessories Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.
- 10. Nigeria
- 11.
- 11. Norway
- 11.
- 12. Poland
- 11.
- 13. Qatar
- 11.
- 14. Russia
- 11.
- 15. Saudi Arabia
- 11.
- 16. South Africa
- 11.
- 17. Spain
- 11.
- 18. Sweden
- 11.
- 19. Switzerland
- 11.
- 20. Turkey
- 11.
- 21. United Arab Emirates
- 11.
- 22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. ABB Ltd.
- 13.1.2. CG Power and Industrial Solutions Limited
- 13.1.3. Danaher Corporation
- 13.1.4. Delta Electronics, Inc.
- 13.1.5. Eaton Corporation PLC
- 13.1.6. Emerson Electric Co.
- 13.1.7. Fuji Electric Co., Ltd.
- 13.1.8. General Electric Company
- 13.1.9. Haier Group
- 13.1.
- 10. Honeywell International Inc.
- 13.1.
- 11. Incotex Electronics Group,
- 13.1.
- 12. Johnson Controls International PLC
- 13.1.
- 13. Larsen and Toubro Ltd.
- 13.1.
- 14. Mitsubishi Electric Corporation
- 13.1.
- 15. Omron Corporation
- 13.1.
- 16. Panasonic Corporation
- 13.1.
- 17. Rockwell Automation Inc.
- 13.1.
- 18. Samsung Electronics Co. Ltd.
- 13.1.
- 19. Schneider Electric SE
- 13.1.
- 20. Siemens AG
- 13.1.
- 21. TE Connectivity Ltd.
- 13.1.
- 22. The 3M Company
- 13.1.
- 23. Toshiba Corporation
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET RESEARCH PROCESS
- FIGURE 2. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, 2023 VS 2030
- FIGURE 3. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET DYNAMICS
- FIGURE 7. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 10. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 12. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. INDUSTRIAL ELECTRICAL EQUIPMENT & ACCESSORIES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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