Press release
Earthing Equipment Market Is Expected To Reach US$ 7.0 Billion By 2028
Earthing Equipment Market
Industry Definition and Application:
Earthing equipment is used for transmitting electricity directly to the plate of the Earth. It ensures the safety of electrical appliances and devices from electric shock and overvoltage. It also helps avoid the risk of fire in electrical installation systems. Some of the commonly available earthing equipment includes low resistance cables, clamp sticks, operating rod bags, pruning heads, and earth clamp application heads.
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Earthing Equipment Market Trends and Drivers:
A significant increase in the construction of residential and commercial complexes, coupled with the implementation of favorable government policies for improving existing infrastructure, represents one of the major factors bolstering the market growth. In addition, key players are introducing portable equipment and smart earthing monitors enabled with big data, the internet of Things (IoT), artificial intelligence (AI), digital platforms, and smart sensors. This, in confluence with the risingnumber of mining activities worldwide, is anticipated to influence the market positively in the coming years.
Report Segmentation:
The report has segmented the market into the following categories:
Competitive Landscape Key Player:
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
Toshiba Corporation
Breakup by Product:
MS Flat
CI Flat
GI Wire
Breakup by Application:
Residential
Commercial
Industrial
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Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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