Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Electrical Apparatus Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Electrical Apparatus industry at home and abroad, estimate the overall market scale of the Electrical Apparatus industry and the market share of major countries, Electrical Apparatus industry, and study and judge the downstream market demand of Electrical Apparatus through systematic research, Analyze the competition pattern of Electrical Apparatus, so as to help solve the pain points of various stakeholders in Electrical Apparatus industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Electrical Apparatus Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Electrical Apparatus Market?
ABB
Emerson Network Power
Schneider Shanghai Industrial Control Co
GE Power Control SP
Rockwell Automation
SIEMENS
Honeywell
Eaton
3M
Leviton
NEC Corporation
Phoenix
Molex
Midwest
Cherry Corp
Major Type of Electrical Apparatus Covered in VIC Research report:
Generator
Transformer
Power Line
Circuit Breaker
Other
Application Segments Covered in VIC Research Market
Electronics Industry
Construction Industry
Automobile Industry
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Electrical Apparatus Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Electrical Apparatus Market by Value
2.2.1 Global Electrical Apparatus Revenue by Type
2.2.2 Global Electrical Apparatus Market by Value (%)
2.3 Global Electrical Apparatus Market by Production
2.3.1 Global Electrical Apparatus Production by Type
2.3.2 Global Electrical Apparatus Market by Production (%)
3. The Major Driver of Electrical Apparatus Industry
3.1 Historical & Forecast Global Electrical Apparatus Demand
3.2 Largest Application for Electrical Apparatus (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Electrical Apparatus Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Electrical Apparatus Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Electrical Apparatus Production, Revenue (2019-2028)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Electrical Apparatus Production, Revenue (2019-2028)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Electrical Apparatus Production, Revenue (2019-2028)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Electrical Apparatus Production, Revenue (2019-2028)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Electrical Apparatus Production, Revenue (2019-2028)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Electrical Apparatus Production, Revenue (2019-2028)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Electrical Apparatus Production, Revenue (2019-2028)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. Global Electrical Apparatus Average Price Trend
12.1 Market Price for Each Type of Electrical Apparatus in US (2019-2023)
12.2 Market Price for Each Type of Electrical Apparatus in Europe (2019-2023)
12.3 Market Price for Each Type of Electrical Apparatus in China (2019-2023)
12.4 Market Price for Each Type of Electrical Apparatus in Japan (2019-2023)
12.5 Market Price for Each Type of Electrical Apparatus in India (2019-2023)
12.6 Market Price for Each Type of Electrical Apparatus in Korea (2019-2023)
12.7 Market Price for Each Type of Electrical Apparatus in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Electrical Apparatus Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Electrical Apparatus
14. Electrical Apparatus Competitive Landscape
14.1 ABB
14.1.1 ABB Company Profiles
14.1.2 ABB Product Introduction
14.1.3 ABB Electrical Apparatus Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Emerson Network Power
14.2.1 Emerson Network Power Company Profiles
14.2.2 Emerson Network Power Product Introduction
14.2.3 Emerson Network Power Electrical Apparatus Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 Schneider Shanghai Industrial Control Co
14.3.1 Schneider Shanghai Industrial Control Co Company Profiles
14.3.2 Schneider Shanghai Industrial Control Co Product Introduction
14.3.3 Schneider Shanghai Industrial Control Co Electrical Apparatus Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 GE Power Control SP
14.4.1 GE Power Control SP Company Profiles
14.4.2 GE Power Control SP Product Introduction
14.4.3 GE Power Control SP Electrical Apparatus Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Rockwell Automation
14.5.1 Rockwell Automation Company Profiles
14.5.2 Rockwell Automation Product Introduction
14.5.3 Rockwell Automation Electrical Apparatus Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 SIEMENS
14.6.1 SIEMENS Company Profiles
14.6.2 SIEMENS Product Introduction
14.6.3 SIEMENS Electrical Apparatus Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Honeywell
14.7.1 Honeywell Company Profiles
14.7.2 Honeywell Product Introduction
14.7.3 Honeywell Electrical Apparatus Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Eaton
14.8.1 Eaton Company Profiles
14.8.2 Eaton Product Introduction
14.8.3 Eaton Electrical Apparatus Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 3M
14.9.1 3M Company Profiles
14.9.2 3M Product Introduction
14.9.3 3M Electrical Apparatus Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Leviton
14.10.1 Leviton Company Profiles
14.10.2 Leviton Product Introduction
14.10.3 Leviton Electrical Apparatus Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 NEC Corporation
14.12 Phoenix
14.13 Molex
14.14 Midwest
14.15 Cherry Corp
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Electrical Apparatus Industry (Volume)
Figure 2. Electrical Apparatus Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Electrical Apparatus Revenue in 2023
Figure 5. US Electrical Apparatus Production, Demand (2019-2028)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Electrical Apparatus Production, Demand (2019-2028)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Electrical Apparatus Production, Demand (2019-2028)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Electrical Apparatus Production, Demand (2019-2028)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Electrical Apparatus Production, Demand (2019-2028)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Electrical Apparatus Production, Demand (2019-2028)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Electrical Apparatus Production, Demand (2019-2028)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2028)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Electrical Apparatus Revenue, by Type (Million USD) (2019-2028)
Table 4. Electrical Apparatus Production, by Type (K Unit) (2019-2028)
Table 5. Electrical Apparatus Demand (K Unit) by Application (2019-2028)
Table 6. Electrical Apparatus Demand (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Electrical Apparatus Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 13. Current and Estimated Production Breakdown by Type (2019-2028)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 19. Current and Estimated Production Breakdown by Type (2019-2028)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 30. Current and Estimated Production Breakdown by Type (2019-2028)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 36. Current and Estimated Production Breakdown by Type (2019-2028)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 42. Current and Estimated Production Breakdown by Type (2019-2028)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Electrical Apparatus Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2028)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Electrical Apparatus in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Electrical Apparatus in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Electrical Apparatus in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Electrical Apparatus in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Electrical Apparatus in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Electrical Apparatus in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Electrical Apparatus in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB Profiles
Table 61. ABB Electrical Apparatus Product Introduction
Table 62. ABB Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB Strategic initiatives
Table 64. Emerson Network Power Profiles
Table 65. Emerson Network Power Electrical Apparatus Product Introduction
Table 66. Emerson Network Power Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Emerson Network Power Strategic initiatives
Table 68. Schneider Shanghai Industrial Control Co Profiles
Table 69. Schneider Shanghai Industrial Control Co Electrical Apparatus Product Introduction
Table 70. Schneider Shanghai Industrial Control Co Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. Schneider Shanghai Industrial Control Co Strategic initiatives
Table 72. GE Power Control SP Profiles
Table 73. GE Power Control SP Electrical Apparatus Product Introduction
Table 74. GE Power Control SP Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. GE Power Control SP Strategic initiatives
Table 76. Rockwell Automation Profiles
Table 77. Rockwell Automation Electrical Apparatus Product Introduction
Table 78. Rockwell Automation Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Rockwell Automation Strategic initiatives
Table 80. SIEMENS Profiles
Table 81. SIEMENS Electrical Apparatus Product Introduction
Table 82. SIEMENS Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. SIEMENS Strategic initiatives
Table 84. Honeywell Profiles
Table 85. Honeywell Electrical Apparatus Product Introduction
Table 86. Honeywell Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Honeywell Strategic initiatives
Table 88. Eaton Profiles
Table 89. Eaton Electrical Apparatus Product Introduction
Table 90. Eaton Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Eaton Strategic initiatives
Table 92. 3M Profiles
Table 93. 3M Electrical Apparatus Product Introduction
Table 94. 3M Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. 3M Strategic initiatives
Table 97. Leviton Profiles
Table 98. Leviton Electrical Apparatus Product Introduction
Table 99. Leviton Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. Leviton Strategic initiatives
Table 101. NEC Corporation Profiles
Table 102. NEC Corporation Electrical Apparatus Product Introduction
Table 103. NEC Corporation Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. NEC Corporation Strategic initiatives
Table 105. Phoenix Profiles
Table 106. Phoenix Electrical Apparatus Product Introduction
Table 107. Phoenix Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. Phoenix Strategic initiatives
Table 109. Molex Profiles
Table 110. Molex Electrical Apparatus Product Introduction
Table 111. Molex Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. Molex Strategic initiatives
Table 113. Midwest Profiles
Table 114. Midwest Electrical Apparatus Product Introduction
Table 115. Midwest Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Midwest Strategic initiatives
Table 117. Cherry Corp Profiles
Table 118. Cherry Corp Electrical Apparatus Product Introduction
Table 119. Cherry Corp Electrical Apparatus Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. Cherry Corp Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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