Electrical Equipment Global Market Size, Share, By Type, By Sales Channel, By Mode, By End User, By Regional Forecast 2023-2032 | Samsung Electronics Co. Ltd., Haier Smart Home Co. Ltd., Siemens AG, LG Electronics, Panasonic Corporation

The Business Research Company’s Electrical Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electrical Equipment Global Market Report 2023 evaluates electrical equipment market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global electrical equipment market grew from $1503.21 billion in 2022 to $1630.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electrical equipment market is expected to grow to $2190.31 billion in 2027 at a CAGR of 7.7%.

The electrical equipment market segments in the report are:

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

Top 5 Major Key Players Are:

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The table of contents in TBRC’s electrical equipment market report includes:

  1. Executive Summary
  2. Report Structure
  3. Electrical Equipment Market Characteristics
  4. Electrical Equipment Market Product Analysis
  5. Electrical Equipment Market Supply Chain


  1. Electrical Equipment Market Competitive Landscape
  2. Key Mergers And Acquisitions In The Electrical Equipment Market
  3. Market Background: Electrical And Electronics Manufacturing Market
  4. Recommendations
  5. Appendix

List Of Tables

Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Electrical Equipment Market, 2022, By Region, Value ($ Billion)
Table 4: Global Electrical Equipment Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Electrical Equipment Market, Growth And Market Share Comparison, By Region
Table 123: Global Electrical And Electronics Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 124: Global Electrical And Electronics Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 125: Global Electrical Equipment Market In 2027- Growth Countries
Table 126: Global Electrical Equipment Market In 2027- Growth Segments
Table 127: Global Electrical Equipment Market In 2027- Growth Strategies

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