Global Earthing Equipment Market, By Product (MS Flat, CI Flat, and GI Wire), By End User (Residenti

Published Date: | Report Code : EQ1958416

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Earthing Equipment is used to reduce the danger of electrical shock caused by current leakage from uninsulated metal components of electrical equipment and others. The earthing equipment consist of isolated working rods, pruning heads, clamp sticks, professional application heads, low voltage earthing kits, earth clamp heads, and operating rod bags.

Global earthing equipment market is growing with the rise in the consumer electronics industries globally. Also, rise in demand for alternative energy sources, and rapid growth of the construction industry in emerging economies are the factors boosting the demand for global earthing equipment market. Additionally, growing construction activities, and increasing government investment in infrastructure development are also the factors fueling the growth for global earthing equipment market.

Key Factors Impacting Market Growth:
    • Huge demand for earthing equipment in the developing economies
    • Increasing population globally
    • Rising disposable income levels
    • Fluctuation in the cost of raw materials

Regional Analysis:

Major regions for the earthing equipment market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for earthing equipment owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major end-use industries in these regions are estimated to be municipal, industrial. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the mining equipment market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region have witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. These industries, are estimated to register a high demand for the mining equipment market during the forecast period.

Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the earthing equipment market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the earthing equipment market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: ABB, Alstom, Crompton Greaves, Eaton, Emerson Electric, GE, Harger Lightning & Grounding, Schneider Electric, Kingsmill Industries UK Ltd, and Toshiba...

Market Segmentation:
By Product:
    • MS Flat
    • CI Flat
    • GI Wire

By End User:
    • Residential
    • Commercial
    • Industrial

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Product
        ◦ By End User
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
        ◦ By Product
        ◦ By End User
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Product
        ◦ By End User
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
        ◦ By Product
        ◦ By End User
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
        ◦ By Product
        ◦ By End User
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Product
        ◦ By End User

Reasons To Buy This Report:
    • Market size estimation of the global earthing equipment market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country

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