The earthing system involves a combination of protective devices, such as residual current devices and fuses. The purpose of these devices is to ensure that no one should come in physical contact with any metal whose relative potential exceeds the threshold level of approximately 50 V. Earthing equipment is vital to the proper operation of electrical systems and to preserve their integrity. The market is projected to grow during the forecast period because of the need to meet the rising electricity demand and construction activities globally and the revamping of existing power grids.
The rising demand from the residential sector is the key driver for the growth of this market. Earthing is required in residential buildings to protect residents, machinery, and appliances from electrical surges. The ability of earthing equipment to provide a safe path for the dissipation of short circuit currents and to provide a secure platform for the operation of sensitive electronic equipment will result in its increased implementation in residential buildings during the forecast period.
The global market for earthing equipment is highly fragmented due to the presence of numerous small and large vendors. The providers in the market compete on the basis of price, quality, and value-added services to gain a competitive edge over their rivals. To survive and succeed in this market, the vendors have to continually innovate and develop new products, as it will help them to bolster their revenue generating capacity.
The Earthing Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Earthing Equipment.
This report presents the worldwide Earthing Equipment market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ABB
Emerson Electric
GE
Schneider Electric
Earthing Equipment Breakdown Data by Type
MS flat
CI flat
GI wire
Earthing Equipment Breakdown Data by Application
Residential
Commercial
Industrial
Earthing Equipment Production by Region
United States
Europe
China
Japan
Other Regions
Earthing Equipment Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Earthing Equipment status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Earthing Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Earthing Equipment :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Earthing Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Earthing Equipment. Industry analysis & Market Report on Earthing Equipment is a syndicated market report, published as Global Earthing Equipment Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Earthing Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.