The global electrical RIGs market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for electrical RIGs in various industries such as automotive industry, public utilities, machinery and equipment, and others. The increasing demand for electrical RIGs in these industries is due to the growing need for power supply in these sectors.
The global Class1 segment accounted for the largest share of this market in 2018 and it is expected to continue its dominance throughout the forecast period. This can be attributed to its high demand among various industries such as automotive industry, public utilities, machinery and equipment, and others. The Class2 segment accounted for a significant share of this market in 2018 owing to its high demand among various industries such as electrical and electronics industry which has been witnessing an increase in power consumption owing to technological advancements like IoT (Internet of Things).
Some Of The Growth Factors Of This Market:
- The increasing demand for electrical power in developing countries is a major factor driving the growth of the electrical RIGs market.
- The increasing number of electric vehicles and renewable energy sources are also driving the growth of this market.
- The need to reduce carbon emissions is also a major factor that will drive the growth of this market in future years.
- Increasing investments by governments and private companies in renewable energy sources will also drive the growth of this market in future years as they provide an alternative to fossil fuels which are not sustainable resources for power generation purposes, and have been found to be harmful to human health and environment due to their emission of greenhouse gases such as CO2, NOx, SOx etc, which contribute towards global warming and climate change issues like melting glaciers, rising sea levels etc,.
- Increasing awareness about environmental sustainability among consumers is another factor that will drive the growth of this market in future years.
Industry Growth Insights published a new data on “Electrical RIGs Market”. The research report is titled “Electrical RIGs Market research by Types (Class1 and Class2, Class3 and Class4, Class0 and Class00), By Applications (Electrical and Electronics, Automotive Industry, Public Utilities, Machinery and Equipment, Others), By Players/Companies Ansell, Dipped Products PLC (DPL), YOTSUGI, Hubbell Power Systems, Regeltex, GB Industries, Biname Electroglove, Protective Industrial Products (PIP), Derancourt, Saf-T-Gard, Stanco Manufacturing, CATU, Secura B.C., Shuangan”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical RIGs Market Research Report
By Type
Class1 and Class2, Class3 and Class4, Class0 and Class00
By Application
Electrical and Electronics, Automotive Industry, Public Utilities, Machinery and Equipment, Others
By Companies
Ansell, Dipped Products PLC (DPL), YOTSUGI, Hubbell Power Systems, Regeltex, GB Industries, Biname Electroglove, Protective Industrial Products (PIP), Derancourt, Saf-T-Gard, Stanco Manufacturing, CATU, Secura B.C., Shuangan
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electrical RIGs Market Report Segments:
The global Electrical RIGs market is segmented on the basis of:
Types
Class1 and Class2, Class3 and Class4, Class0 and Class00
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
Electrical and Electronics, Automotive Industry, Public Utilities, Machinery and Equipment, Others
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:
- Ansell
- Dipped Products PLC (DPL)
- YOTSUGI
- Hubbell Power Systems
- Regeltex
- GB Industries
- Biname Electroglove
- Protective Industrial Products (PIP)
- Derancourt
- Saf-T-Gard
- Stanco Manufacturing
- CATU
- Secura B.C.
- Shuangan
Highlights of The Electrical RIGs 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:
- Class1 and Class2
- Class3 and Class4
- Class0 and Class00
- By Application:
- Electrical and Electronics
- Automotive Industry
- Public Utilities
- Machinery and Equipment
- Others
- 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 RIGs 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.
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- Correctly Positioning New Products
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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 RIGs are a type of electrical equipment used in the oil and gas industry. Electrical RIGs include tools used to measure, inspect, test and monitor oil and gas wells.
Some of the major players in the electrical rigs market are Ansell, Dipped Products PLC (DPL), YOTSUGI, Hubbell Power Systems, Regeltex, GB Industries, Biname Electroglove, Protective Industrial Products (PIP), Derancourt, Saf-T-Gard, Stanco Manufacturing, CATU, Secura B.C., Shuangan.
The electrical rigs market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical RIGs 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 RIGs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical RIGs Market - Supply Chain
4.5. Global Electrical RIGs Market Forecast
4.5.1. Electrical RIGs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical RIGs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical RIGs Market Absolute $ Opportunity
5. Global Electrical RIGs 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 RIGs Market Size and Volume Forecast by Type
5.3.1. Class1 and Class2
5.3.2. Class3 and Class4
5.3.3. Class0 and Class00
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical RIGs 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 RIGs Market Size and Volume Forecast by Application
6.3.1. Electrical and Electronics
6.3.2. Automotive Industry
6.3.3. Public Utilities
6.3.4. Machinery and Equipment
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical RIGs 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 RIGs 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 RIGs 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 RIGs 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 RIGs Demand Share Forecast, 2019-2026
9. North America Electrical RIGs 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 RIGs 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 RIGs Market Size and Volume Forecast by Application
9.4.1. Electrical and Electronics
9.4.2. Automotive Industry
9.4.3. Public Utilities
9.4.4. Machinery and Equipment
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical RIGs Market Size and Volume Forecast by Type
9.7.1. Class1 and Class2
9.7.2. Class3 and Class4
9.7.3. Class0 and Class00
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 RIGs Demand Share Forecast, 2019-2026
10. Latin America Electrical RIGs 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 RIGs 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 RIGs Market Size and Volume Forecast by Application
10.4.1. Electrical and Electronics
10.4.2. Automotive Industry
10.4.3. Public Utilities
10.4.4. Machinery and Equipment
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical RIGs Market Size and Volume Forecast by Type
10.7.1. Class1 and Class2
10.7.2. Class3 and Class4
10.7.3. Class0 and Class00
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 RIGs Demand Share Forecast, 2019-2026
11. Europe Electrical RIGs 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 RIGs 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 RIGs Market Size and Volume Forecast by Application
11.4.1. Electrical and Electronics
11.4.2. Automotive Industry
11.4.3. Public Utilities
11.4.4. Machinery and Equipment
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical RIGs Market Size and Volume Forecast by Type
11.7.1. Class1 and Class2
11.7.2. Class3 and Class4
11.7.3. Class0 and Class00
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 RIGs Demand Share, 2019-2026
12. Asia Pacific Electrical RIGs 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 RIGs 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 RIGs Market Size and Volume Forecast by Application
12.4.1. Electrical and Electronics
12.4.2. Automotive Industry
12.4.3. Public Utilities
12.4.4. Machinery and Equipment
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical RIGs Market Size and Volume Forecast by Type
12.7.1. Class1 and Class2
12.7.2. Class3 and Class4
12.7.3. Class0 and Class00
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 RIGs Demand Share, 2019-2026
13. Middle East & Africa Electrical RIGs 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 RIGs 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 RIGs Market Size and Volume Forecast by Application
13.4.1. Electrical and Electronics
13.4.2. Automotive Industry
13.4.3. Public Utilities
13.4.4. Machinery and Equipment
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical RIGs Market Size and Volume Forecast by Type
13.7.1. Class1 and Class2
13.7.2. Class3 and Class4
13.7.3. Class0 and Class00
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 RIGs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical RIGs Market: Market Share Analysis
14.2. Electrical RIGs Distributors and Customers
14.3. Electrical RIGs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ansell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dipped Products PLC (DPL)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. YOTSUGI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hubbell Power Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Regeltex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GB Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Biname Electroglove
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Protective Industrial Products (PIP)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Derancourt
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Saf-T-Gard
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Stanco Manufacturing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CATU
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Secura B.C.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shuangan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
