Market Overview:
The global earthing equipment market to grow at a CAGR of around 5% during the forecast period (2021-2026). 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 industries. 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 for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
Breakup by Product:
Breakup by Application:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
Key Questions Answered in This Report:
- How has the global earthing equipment market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global earthing equipment market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global earthing equipment market and who are the key players?
- What is the degree of competition in the industry?
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$), 2015-2020
Figure 3: Global: Earthing Equipment Market: Breakup by Product (in %), 2020
Figure 4: Global: Earthing Equipment Market: Breakup by Application (in %), 2020
Figure 5: Global: Earthing Equipment Market: Breakup by Region (in %), 2020
Figure 6: Global: Earthing Equipment Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Earthing Equipment (MS Flat) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Earthing Equipment (MS Flat) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Earthing Equipment (CI Flat) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Earthing Equipment (CI Flat) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Earthing Equipment (GI Wire) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Earthing Equipment (GI Wire) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Earthing Equipment (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Earthing Equipment (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Earthing Equipment (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Earthing Equipment (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Earthing Equipment (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Earthing Equipment (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: North America: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: North America: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Canada: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Canada: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: China: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: China: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Japan: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Japan: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: India: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: India: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: South Korea: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: South Korea: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Australia: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Australia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Indonesia: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Indonesia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Others: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Germany: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Germany: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: France: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: France: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: United Kingdom: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: United Kingdom: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Italy: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Italy: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Spain: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Spain: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Russia: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Russia: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Others: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Brazil: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Brazil: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Mexico: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Mexico: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Middle East and Africa: Earthing Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Middle East and Africa: Earthing Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Earthing Equipment Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Earthing Equipment Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Earthing Equipment Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Earthing Equipment Market Structure
Table 6: Global: Earthing Equipment Market: Key Players