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.
In 2019, the market size of Earthing Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Earthing Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Earthing Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Emerson Electric
GE
Schneider Electric
...
Market Segment by Product Type
MS flat
CI flat
GI wire
Market Segment by Application
Residential
Commercial
Industrial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Earthing Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Earthing Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Earthing Equipment. Industry analysis & Market Report on Earthing Equipment is a syndicated market report, published as Global (United States, European Union and China) Earthing Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Earthing Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.