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Earthing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global earthing equipment market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a growth rate (CAGR) of 5.87% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Earthing equipment refers to various devices used for transferring electricity directly to the earth’s plate. Some of the commonly used earthing equipment includes low resistance cables, insulated operating rods, pruning heads, clamp sticks, specialist and earth clamp application heads and operating rod bags. These components connect buildings with a conductive surface placed inside the earth or at a neutral point in the soil for enhanced safety. They provide protection from significant electrical disturbances, such as lightning strikes and power surges and aid in minimizing the risk of electric shock from current leaking from uninsulated metal parts of electrical devices. As a result, they are commonly used in commercial and residential buildings and industrial plants.

Earthing Equipment Market Trends:

Rapid industrialization,along with significant growth in the construction industry in recent years, represent as the key factors creating a positive outlook for the market. With the increasing construction of commercial and residential buildings, roads, tunnels, manufacturing plants and railways tracks, especially in developing nations, there is a growing requirement for efficient earthing equipment. This, in turn, is contributing to the market growth. Earthing is essential in buildings to protect residents, machinery and appliances from electrical surges and dissipate short circuit current. Additionally, various technological advancements, such as the integration of consumer electronics with artificial intelligence (AI) and the Internet of Things (IoT), are acting as other growth-inducing factors. This has resulted in the increasing utilization of smart devices, such as televisions and refrigerators, which require constant earthing, thereby creating a positive outlook for the market. Other factors, including the increasing product demand from automobile manufacturers, along with the reconstruction of the existing power grids, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global earthing equipment market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.

Breakup by Product:

  • MS Flat
  • CI Flat
  • GI Wire
     

Breakup by Application:

  • Residential
  • Commercial
  • Industrial
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Inc., Emerson Electric Co., General Electric, Harger Lightning & Grounding, Kingsmill Industries UK Ltd., Schneider Electric SE and Toshiba Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., CG Power and Industrial Solutions Limited (Avantha Group), Eaton Corporation Inc., Emerson Electric Co., General Electric, Harger Lightning & Grounding, Kingsmill Industries UK Ltd., Schneider Electric SE and Toshiba Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Earthing Equipment Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    MS Flat
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    CI Flat
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    GI Wire
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Application
    7.1    Residential
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Industrial
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis
    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    ABB Ltd.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    CG Power and Industrial Solutions Limited (Avantha Group)
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio 
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Eaton Corporation Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    Emerson Electric Co.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    General Electric
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
           13.3.5.3 Financials
           13.3.5.4 SWOT Analysis
        13.3.6    Harger Lightning & Grounding
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Kingsmill Industries UK Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio 
        13.3.8    Schneider Electric SE
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    Toshiba Corporation
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio 
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis

List of Figures

Figure 1: Global: Earthing Equipment Market: Major Drivers and Challenges
Figure 2: Global: Earthing Equipment Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Earthing Equipment Market: Breakup by Product (in %), 2021
Figure 4: Global: Earthing Equipment Market: Breakup by Application (in %), 2021
Figure 5: Global: Earthing Equipment Market: Breakup by Region (in %), 2021
Figure 6: Global: Earthing Equipment Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Earthing Equipment (MS Flat) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Earthing Equipment (MS Flat) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Earthing Equipment (CI Flat) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Earthing Equipment (CI Flat) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Earthing Equipment (GI Wire) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Earthing Equipment (GI Wire) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Earthing Equipment (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Earthing Equipment (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Earthing Equipment (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Earthing Equipment (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Earthing Equipment (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Earthing Equipment (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Canada: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Canada: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Asia Pacific: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Asia Pacific: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: China: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: China: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Japan: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Japan: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: South Korea: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: South Korea: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Australia: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Australia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Indonesia: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Indonesia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Others: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Europe: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Europe: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Germany: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Germany: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: France: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: France: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United Kingdom: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United Kingdom: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Italy: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Italy: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Spain: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Spain: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Russia: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Russia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Latin America: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Latin America: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Brazil: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Brazil: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Mexico: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Mexico: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Middle East and Africa: Earthing Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Middle East and Africa: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Global: Earthing Equipment Industry: SWOT Analysis
Figure 68: Global: Earthing Equipment Industry: Value Chain Analysis
Figure 69: Global: Earthing Equipment Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Earthing Equipment Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Earthing Equipment Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Earthing Equipment Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Earthing Equipment Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Earthing Equipment Market Structure
Table 6: Global: Earthing Equipment Market: Key Players


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Key Questions Answered in This Report

The global earthing equipment market was valued at US$ 4.6 Billion in 2021.

We expect the global earthing equipment market to exhibit a CAGR of 5.87% during 2022-2027.

The growing number of smart infrastructures that are mostly installed with various electronic and
automated devices is primarily driving the global earthing equipment market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations, resulting in the temporary halt in numerous
construction activities, thereby negatively impacting the demand for earthing equipment.

Based on the product, the global earthing equipment market has been segmented into MS flat, CI
flat, and GI wire. Currently, CI flat represents the largest market share.

Based on the application, the global earthing equipment market can be bifurcated into residential,
commercial, and industrial. Among these, the industrial sector accounts for the majority of the total
market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global earthing equipment market include ABB Ltd., CG Power and
Industrial Solutions Limited (Avantha Group), Eaton Corporation Inc., Emerson Electric Co., General
Electric, Harger Lightning & Grounding, Kingsmill Industries UK Ltd., Schneider Electric SE, and
Toshiba Corporation.

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