Earthing Equipment Market Size To Expand at a Notable CAGR Of 5.5% During 2018 – 2023
The global earthing equipment market is anticipated to witness sustainable growth during the forecast period. Widespread use of earthing equipment in warehousing and manufacturing industry, the booming construction and earthing equipment industry, is anticipated to improve sales prospects. However, high cost of the raw materials, hinder the growth of the earthing equipment market.
The prominent players in the earthing equipment market are ABB Ltd (Switzerland), Alstom SA (France), Crompton Greaves, Eaton (Ireland), Emerson Electric (US), GE (US), Harger Lightning & Grounding (US), Schneider Electric (France), Kingsmill Industries UK Ltd, and Toshiba (Japan).
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Asia-Pacific region, to see a gradual increase in the earthing equipment market over the forecast period
Based on region, the global earthing equipment market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America region dominated the global earthing equipment market, followed by Europe and Asia-Pacific, primarily due to the increasing manufacturing sectors that has led to the demand for earthing equipment market. Asia-Pacific is projected to be the most lucrative region with construction industry investing in earthing equipment. Furthermore, various global equipment manufacturers are investing in the manufacturing sector, which is further expected to boost the demand for earthing equipment market. Hence, the earthing equipment market is expected witness a CAGR of 5.5% between 2018 and 2023.
CI earthing flat segment, to witness maximum growth rate in the overall earthing equipment market
Based on product, the CI earthing flat segment, accounted for the highest contributor to the Global Earthing Equipment Market in terms of value and volume both in 2017, which is expected to contnue its dominance between 2018 and 2023, which is attributable to the rapid urbanization and increase in construction activities in the industrial and residential projects across the emerging economies. However, the MS earthing flat segment is anticipated to exhibit maximum growth rate in the earthing equipment market between 2018 and 2023. This is attributed to its lucrative features such as high strenght and excellent resistivity against corrosion of the product.
Intended Audience:
- Raw Material Suppliers
- End Users
- Equipment Manufacturers
- Traders & Distributors
- Regulatory Bodies
- Market Research and Consulting Firms
Scope of the Report
This study provides an overview of the global earthing equipment market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global earthing equipment market by product, end-user, and region.
By Product
- MS Earthing Flat
- GI Earthing Flat
- CI Earthing Flat
By End-User
- Industrial
- Commercial
- Residential
By Region
- North America
- Asia-Pacific
- Europe
- Rest of the World
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Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis
Continued…….
List of Tables
Table 1 Global Earthing Equipment Market: by Region, 2018-2023
Table 2 North America Earthing Equipment Market: by Country, 2018-2023
Table 3 Europe Earthing Equipment Market: by Country, 2018-2023
Table 4 Asia-pacific Earthing Equipment Market: by Country, 2018-2023
Table 5 Row Earthing Equipment Market: by Country, 2018-2023
Table 6 Global Earthing Equipment Market, by Product, by Region, 2018-2023
Table 7 North America Earthing Equipment Market, by Product, by Country, 2018-2023
Continued……..
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Earthing Equipment Market Share, by Product, 2017 (%)
Continued……..
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