Global Electrical Equipment Trends in 2022
Electrical Equipment is part of Manufacturing and includes a number of sub-sectors such as Turbine. You may also be interested in Metal Manufacturing, Electronic Component and Molding.
Global Electrical Equipment Export is set to reach $2,583,100,000,000 by 2026 from $2,408,200,000,000 in 2021, growing 1.3% year on year on average. Since 2017, Global supply jumped by 4.8% year on year. At $725,010,000,000 in 2021, China was number 1 in Global Electrical Equipment Export. South Korea, the United States and Germany respectively were numbers 2, 3 and 4 in this ranking. The Central African Republic jumped by 76.2% year on year, while Gambia decreased by 49.2% year on year since 2017.
Global Electrical Equipment Import is set to reach $2,854,400,000,000 by 2026 from $2,661,200,000,000 in 2021, growing 1.3% year on year average rate. Since 2017, Global demand rose 4.8% year on year. With $563,300,000,000 in 2021, China was number 1 in Global Electrical Equipment Import. The United States, Germany and Singapore respectively were numbers 2, 3 and 4 in this ranking. Malawi was up 20.3% year on year, while Uruguay decreased by 7.4% year on year since 2017.
European Electrical Equipment Revenue is set to reach €130,110 Million by 2026 from €133,510 Million in 2021, falling by 0.4% year on year on average. Since 2017, European market rose 1.1% year on year. In 2021, Germany ranked number 1 in Electrical Equipment Revenue with €52,830 Million. France, Italy and Spain respectively came in numbers 2, 3 and 4 in this ranking. Ireland was up 15.7% year on year, while Portugal fell by 11.5% year on year since 2017.
Top 10 countries
In 2022 major markets in the Electrical Equipment Industry were:
Electrical Equipment Market Data and Forecasts
How much the Electrical Equipment industry is expected to grow to 2026?
More in Electrical Equipment Industry for 2026What are the world's biggest Electrical Equipment markets?
More in Electrical Equipment MarketGlobal Electrical Equipment Statistics
- Electrical Equipment Import 193 countries (Asia, Africa, Latin America...)
- Electrical Equipment Export 190 countries (Asia, Africa, Latin America...)
- Motor And Generator Import 191 countries (Africa, Asia, Sub-Saharan Africa...)
- Trade Balance 225 countries (Asia, Europe, Africa...)
- Number Of Employees 206 countries (Europe, Northern Europe, Southern Europe...)
- Motor And Generator Export 188 countries (Asia, Africa, Latin America...)
- Electrical Equipment Production 65 countries (Europe, Northern Europe, Eastern Europe...)
- Industrial Equipment Import 192 countries (Asia, Africa, Sub-Saharan Africa...)
- Electronic Component Import 192 countries (Africa, Asia, Sub-Saharan Africa...)
- Industrial Equipment Export 189 countries (Asia, Latin America, Africa...)
