Market Overview:
The global earthing switches market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in electrical infrastructure across the globe. In addition, growing awareness about safety and security is also propelling the growth of this market. The global earthing switches market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into independent earthing switches, combined earthing switches, and others. On the basis of application, it can be classified into railway electrification, transmission and distribution (T&D), power generation plants (PGP), oil & gas pipelines & refineries (O&GPR), data centers/telecom towers/smart grids (DCTs/TTs/SG), airports & seaports (A&SP) among others. Region-wise, it is analyzed across North America,, Latin America,, Europe,, Asia Pacific,, Middle East & Africa,. Backed by an increase in electric consumption owing to population growth as well as rapid industrialization in emerging economies such as China and India; Asia Pacific accounted for around one-third share of global Earthing Switches Market revenue generated in 2017 .
Product Definition:
Earthing switches are used to connect the electrical equipment chassis to earth ground. This provides a low-impedance path for fault current, and helps protect personnel from electrical shock.
Independent Earthing Switches:
An independent earthing switches is a device used in electrical equipment for the protection of connected devices from fault currents. It consists of two metal blades, which are separated by an insulating space and can be manually operated or automatically activated by a controlling mechanism. The operation depends on the position of two blades; one blade acts as an earth terminal while the other serves as a control terminal.
The product finds its application in switchboards, domestic appliances, telephones.
Combined Earthing Switches:
A combined earthing switches is a device that enables two conductors to be used in one cable, thereby reducing the overall cost of installation. It also helps in minimizing the number of wires required for electrical installations. The product finds application in commercial and residential buildings for switching electricity supply and can be used with PVC, PEF, EPEF or XLPE insulated cables.
Application Insights:
The railway electrification application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing railway infrastructure across developing countries, such as China, India and Brazil is expected to drive demand over the coming years.
Earthing switches are used in power generation plants for earthing protection of equipments and structures against high electric potentials that may occur due to lightning or from any other cause. The power generation industry includes coal-fired, oil-fired, gas-fired plants as well as nuclear power plants generating electricity through steam turbines or combustion turbines respectively.
Regional Analysis:
Europe was the largest market for earth grounding switches, accounting for more than 35.0% of global revenue in 2017. The region is characterized by a well-established power generation and distribution sector as well as an extensive railway network that requires regular maintenance and repair works to be carried out. In addition, the growing number of renewable energy projects in countries such as Germany is expected to drive demand over the forecast period.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to increasing infrastructure activities across emerging economies including China and India along with rising electricity demand due to rapid industrialization and urbanization witnessed in these countries over past few years (see Figure 1). Moreover, favorable government policies aimed at promoting investments through FDI are also anticipated boost industry growth over next eight years or so (see Figure 2).
Growth Factors:
- Increasing demand for earthing switches in the industrial sector as a safety measure
- Growing awareness about the benefits of earthing switches among consumers
- Rising investments by key players in research and development to develop new and innovative products
- Proliferation of online platforms that offer discounts on earthing switches products
- Emergence of smart cities that are increasingly adopting advanced technologies such as smart grids, which will create opportunities for growth in the Earthing Switches market
Scope Of The Report
Report Attributes
Report Details
Report Title
Earthing Switches Market Research Report
By Type
Independent Earthing Switches, Combined Earthing Switches, Others
By Application
Railway Electrification, Transmission and Distribution, Power Generation, Others
By Companies
Autometers Alliance, Cisak, COELME, COET Costruzioni Elettrotecniche, Electro Mechanic Equipment, Hapam BV, Huayi Electric, Insulect, IVEP, R＆S, Raychem RPG, SDCEM, Sécheron Hasler, Shubhada Polymers Products, Siemens Energy, Tellhow, Yueqing Liyond Electric
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Earthing Switches Market Report Segments:
The global Earthing Switches market is segmented on the basis of:
Types
Independent Earthing Switches, Combined Earthing Switches, Others
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
Railway Electrification, Transmission and Distribution, Power Generation, 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:
- Autometers Alliance
- Cisak
- COELME
- COET Costruzioni Elettrotecniche
- Electro Mechanic Equipment
- Hapam BV
- Huayi Electric
- Insulect
- IVEP
- R＆S
- Raychem RPG
- SDCEM
- Sécheron Hasler
- Shubhada Polymers Products
- Siemens Energy
- Tellhow
- Yueqing Liyond Electric
Highlights of The Earthing Switches 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:
- Independent Earthing Switches
- Combined Earthing Switches
- Others
- By Application:
- Railway Electrification
- Transmission and Distribution
- Power Generation
- 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 Earthing Switches 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?
Earthing switches are a type of electrical switch that is used to turn an electrical outlet on or off. Earthing switches are typically found in homes and offices, and they are often used to connect electronic devices such as lamps, phones, and computers to an electric grid.
Some of the major companies in the earthing switches market are Autometers Alliance, Cisak, COELME, COET Costruzioni Elettrotecniche, Electro Mechanic Equipment, Hapam BV, Huayi Electric, Insulect, IVEP, R＆S, Raychem RPG, SDCEM, S©cheron Hasler, Shubhada Polymers Products, Siemens Energy, Tellhow, Yueqing Liyond Electric.
The earthing switches market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Earthing Switches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Earthing Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Earthing Switches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Earthing Switches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Earthing Switches Market Size & Forecast, 2020-2028
4.5.1 Earthing Switches Market Size and Y-o-Y Growth
4.5.2 Earthing Switches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Independent Earthing Switches
5.2.2 Combined Earthing Switches
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Railway Electrification
6.2.2 Transmission and Distribution
6.2.3 Power Generation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Earthing Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Earthing Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Independent Earthing Switches
9.6.2 Combined Earthing Switches
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Railway Electrification
9.10.2 Transmission and Distribution
9.10.3 Power Generation
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Independent Earthing Switches
10.6.2 Combined Earthing Switches
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Railway Electrification
10.10.2 Transmission and Distribution
10.10.3 Power Generation
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Independent Earthing Switches
11.6.2 Combined Earthing Switches
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Railway Electrification
11.10.2 Transmission and Distribution
11.10.3 Power Generation
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Independent Earthing Switches
12.6.2 Combined Earthing Switches
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Railway Electrification
12.10.2 Transmission and Distribution
12.10.3 Power Generation
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Independent Earthing Switches
13.6.2 Combined Earthing Switches
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Railway Electrification
13.10.2 Transmission and Distribution
13.10.3 Power Generation
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Earthing Switches Market: Competitive Dashboard
14.2 Global Earthing Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autometers Alliance
14.3.2 Cisak
14.3.3 COELME
14.3.4 COET Costruzioni Elettrotecniche
14.3.5 Electro Mechanic Equipment
14.3.6 Hapam BV
14.3.7 Huayi Electric
14.3.8 Insulect
14.3.9 IVEP
14.3.10 R＆S
14.3.11 Raychem RPG
14.3.12 SDCEM
14.3.13 Sécheron Hasler
14.3.14 Shubhada Polymers Products
14.3.15 Siemens Energy
14.3.16 Tellhow
14.3.17 Yueqing Liyond Electric
