The global electrical and automation market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for automation in various industries, growing need for energy efficiency, and rising investments in the industry. The major players operating in this market are ABB Ltd, Siemens AG, Schneider Electric SE, General Electric Company (GE), Rockwell Automation Inc, Honeywell International Inc, Emerson Electric Co., Mitsubishi Electric Corporation (MELCO), Toshiba Corporation (TOSHIBA), Hitachi Ltd, and Yokogawa Electric Corporation.
Some Of The Growth Factors Of This Market:
- The growth of the global electrical and automation market is driven by the increasing demand for energy-efficient products, which will help reduce the carbon footprint of industries such as manufacturing, transportation, and construction.
- Technavio's research also found that the increasing demand for smart homes will drive growth in this sector over the next few years as well as increased investments in infrastructure projects in emerging economies such as India and China.
- The growing need for automation solutions in various sectors including healthcare, retail, hospitality & leisure industries will also contribute to this market's growth.
- Increasing investments by governments across Asia Pacific (APAC) countries are expected to fuel growth in this region.
Industry Growth Insights published a new data on “Electrical & Automation Market”. The research report is titled “Electrical & Automation Market research by Types (Hardware, Software, Service), By Applications (Marine, Oil & Gas, Energy, Construction, Automotive, Household Appliances, Industrial), By Players/Companies GE, Siemens, ABB, Honeywell, Wartsila, Larsen & Toubro, Mitsubishi Electric, Schneider Electric, Dubrule Electrical & Automation, C. Jackson Electric & Automation, SMS group, Harms Electric, Festo, ANDRITZ Group, Werner Electric, Emerson”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical & Automation Market Research Report
By Type
Hardware, Software, Service
By Application
Marine, Oil & Gas, Energy, Construction, Automotive, Household Appliances, Industrial
By Companies
GE, Siemens, ABB, Honeywell, Wartsila, Larsen & Toubro, Mitsubishi Electric, Schneider Electric, Dubrule Electrical & Automation, C. Jackson Electric & Automation, SMS group, Harms Electric, Festo, ANDRITZ Group, Werner Electric, Emerson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electrical & Automation Market Report Segments:
The global Electrical & Automation market is segmented on the basis of:
Types
Hardware, Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine, Oil & Gas, Energy, Construction, Automotive, Household Appliances, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Siemens
- ABB
- Honeywell
- Wartsila
- Larsen & Toubro
- Mitsubishi Electric
- Schneider Electric
- Dubrule Electrical & Automation
- C. Jackson Electric & Automation
- SMS group
- Harms Electric
- Festo
- ANDRITZ Group
- Werner Electric
- Emerson
Highlights of The Electrical & Automation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Service
- By Application:
- Marine
- Oil & Gas
- Energy
- Construction
- Automotive
- Household Appliances
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical & Automation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical & Automation is a trade association representing the interests of electrical and automation professionals. The organization provides resources, education, and networking opportunities for its members.
Some of the key players operating in the electrical & automation market are GE, Siemens, ABB, Honeywell, Wartsila, Larsen & Toubro, Mitsubishi Electric, Schneider Electric, Dubrule Electrical & Automation, C. Jackson Electric & Automation, SMS group, Harms Electric, Festo, ANDRITZ Group, Werner Electric, Emerson.
The electrical & automation market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical & Automation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical & Automation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical & Automation Market - Supply Chain
4.5. Global Electrical & Automation Market Forecast
4.5.1. Electrical & Automation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical & Automation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical & Automation Market Absolute $ Opportunity
5. Global Electrical & Automation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical & Automation Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. Software
5.3.3. Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical & Automation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical & Automation Market Size and Volume Forecast by Application
6.3.1. Marine
6.3.2. Oil & Gas
6.3.3. Energy
6.3.4. Construction
6.3.5. Automotive
6.3.6. Household Appliances
6.3.7. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical & Automation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical & Automation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical & Automation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical & Automation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical & Automation Demand Share Forecast, 2019-2026
9. North America Electrical & Automation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical & Automation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical & Automation Market Size and Volume Forecast by Application
9.4.1. Marine
9.4.2. Oil & Gas
9.4.3. Energy
9.4.4. Construction
9.4.5. Automotive
9.4.6. Household Appliances
9.4.7. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical & Automation Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. Software
9.7.3. Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical & Automation Demand Share Forecast, 2019-2026
10. Latin America Electrical & Automation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical & Automation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical & Automation Market Size and Volume Forecast by Application
10.4.1. Marine
10.4.2. Oil & Gas
10.4.3. Energy
10.4.4. Construction
10.4.5. Automotive
10.4.6. Household Appliances
10.4.7. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical & Automation Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. Software
10.7.3. Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical & Automation Demand Share Forecast, 2019-2026
11. Europe Electrical & Automation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical & Automation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical & Automation Market Size and Volume Forecast by Application
11.4.1. Marine
11.4.2. Oil & Gas
11.4.3. Energy
11.4.4. Construction
11.4.5. Automotive
11.4.6. Household Appliances
11.4.7. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical & Automation Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. Software
11.7.. Service
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical & Automation Demand Share, 2019-2026
12. Asia Pacific Electrical & Automation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical & Automation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical & Automation Market Size and Volume Forecast by Application
12.4.1. Marine
12.4.2. Oil & Gas
12.4.3. Energy
12.4.4. Construction
12.4.5. Automotive
12.4.6. Household Appliances
12.4.7. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical & Automation Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. Software
12.7.3. Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical & Automation Demand Share, 2019-2026
13. Middle East & Africa Electrical & Automation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical & Automation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical & Automation Market Size and Volume Forecast by Application
13.4.1. Marine
13.4.2. Oil & Gas
13.4.3. Energy
13.4.4. Construction
13.4.5. Automotive
13.4.6. Household Appliances
13.4.7. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical & Automation Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. Software
13.7.3. Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical & Automation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical & Automation Market: Market Share Analysis
14.2. Electrical & Automation Distributors and Customers
14.3. Electrical & Automation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wartsila
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Larsen & Toubro
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schneider Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dubrule Electrical & Automation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. C. Jackson Electric & Automation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SMS group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Harms Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Festo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ANDRITZ Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Werner Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Emerson
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook