Press release
Earthing Equipment Market Exhibit a Remarkable CAGR of 5.8% and is expected to reach $7.14 billion by 2025
Earthing Equipment Market
Request Sample Report at: -
https://www.alliedmarketresearch.com/request-sample/5097
Increase in demand for electricity due to rapid proliferation of the industrial and residential sectors coupled with rise in demand for turnkey earthing solution and rapid growth of the construction industry drive the growth of the global earthing equipment market. However, fluctuating cost of raw materials and low product differentiation hamper the market growth. On the contrary, launch of new and improved technologies is expected to create lucrative opportunities for the market players in the coming years.
GI wire segment to govern the global market
The GI wire segment held the largest share in 2017, contributing more than half of the total market revenue, owing to its increased usage in small- to large-scale earthing system and its requirement in completing the grounding circuit. Moreover, the segment is expected to manifest the fastest CAGR of 6.7% during the forecast period. The other segments analyzed in the report include MS flat and CI flat.
Major end users of the industry
The major end users analyzed in the global earthing equipment market include residential, commercial, and industrial. The industrial segment is expected to create lucrative opportunities in future. In 2017, the segment held the largest market share, contributing about half of the revenue owing to increased industrialization, where high power devices are used that require proper earthing for safety and security.
Buy Now this Report @checkout link
https://www.alliedmarketresearch.com/checkout-final/c2b569c4b69aae28a2b5d95e1781f3b0
Asia-Pacific to witness fastest growth through 2025
Asia-Pacific region is estimated to witness the fastest growth during the study period, registering the CAGR of 8.0%, owing to the introduction of new commercial and industrial building and developments in the region. However, North America dominated the global earthing equipment market in terms of revenue, contributing more than one-third of the total market share, owing to increased demand for earthing equipment due to higher number of electrically advanced residential, commercial, and industrial sectors. The other regions analyzed in the report include Europe and Latin America, Middle East and Africa (LAMEA).
Request For Purchase Enquiry at:
https://www.alliedmarketresearch.com/purchase-enquiry/5097
Leading companies in the market
The report analyzes the major active players in the global earthing equipment market, including ABB, Crompton Greaves, Emerson Electric, Harger Lightning & Grounding, Kingsmill Industries UK Ltd., Alstom, Eaton, GE, Schneider Electric, and Toshiba.
Similar Reports:
Construction Lasers Market
https://www.alliedmarketresearch.com/construction-lasers-market
Rotary Blasthole Drilling Rig Market
https://www.alliedmarketresearch.com/rotary-blasthole-drilling-rig-market
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Earthing Equipment Market Exhibit a Remarkable CAGR of 5.8% and is expected to reach $7.14 billion by 2025 here
News-ID: 3457069 • Views: …
More Releases from Allied market research
Low-Cost Airlines Market to Observe Highest Growth of USD 543.1 billion with Gro …
The global low cost airlines market was valued at $298.0 billion in 2023, and is projected to reach $543.1 billion by 2034, growing at a CAGR of 5.7% from 2024 to 2034
Request The Sample PDF of This Report: @ https://www.alliedmarketresearch.com/request-sample/4562
Low cost airlines, also known as budget or no-frills carriers, are airlines that offer low fares by minimizing traditional services and amenities. They typically use a single aircraft…
5G in Aviation Market Overview by Increasing Demands and Sales By 2021-2030
The global 5G in aviation market size was valued at $0.70 billion in 2020, and is projected to reach $4.68 billion by 2030, registering with a CAGR of 22.8% from 2021 to 2030.
The growth of the global 5G in aviation market is driven by growth in air passenger traffic across the globe, rise in inclination toward R&D activities for 5G network and related technology development, and changing aviation industry outlook.
Download…
Yerba Mate Market Current Trends, Future Prospects, and Competitive Landscape By …
The global yerba mate industry was generated $1.8 billion in 2022 and is anticipated to generate $2.9 billion by 2032, witnessing a CAGR of 5.2% from 2023 to 2032.
Yerba mate has strong cultural ties, especially in South America. As cultural diversity gains attention globally, there is an increasing interest in trying beverages with cultural significance. Yerba mate's unique cultural appeal contributes to its popularity among consumers seeking authentic and exotic…
Baby Care Products Market Trend to Eyewitness Huge Growth by 2031 | Baby Brezza, …
According to a new report published by Allied Market Research, titled, "Baby Care Products Market," The baby care products market size was valued at $38.0 billion in 2021, and is estimated to reach $58.8 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
➡️Download Research Report Sample & TOC : https://www.alliedmarketresearch.com/request-sample/17278
With the goal of promoting newborns' general health and wellbeing, the baby care products provide total skin…
More Releases for Earthing
Earthing Equipment Market Growth in Future Scope 2025-2032
Earthing Equipment Market size was valued at USD 5.37 Billion in 2023 and is poised to grow from USD 5.66 Billion in 2024 to USD 8.67 Billion by 2032, growing at a CAGR of 5.48% during the forecast period (2025-2032).
The Research report on Earthing Equipment Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR,…
Substation Earthing - Methods & Materials as per IEEE 80
21st September 2023: Axis India, a renowned leader in electrical and engineering solutions, is proud to introduce its state-of-the-art Substation Earthing systems, meticulously designed to adhere to the stringent guidelines outlined in the IEEE 80 standard. This revolutionary offering reaffirms Axis India's commitment to innovation and excellence in electrical engineering.
Substation Earthing plays a pivotal role in ensuring electrical installations' safety, reliability, and operational integrity.
The Importance of Substations Earthing
Let's explore!…
Earthing Equipment Market 2023 Size, Share, Industry, Forecast to 2030
The Earthing Equipment Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Earthing Equipment market. This report explores all the key factors affecting the growth of the global Earthing Equipment market, including…
Earthing Switches Market With Complete Analysis of Leading Players
Global Earthing Switches Market includes Elaborative company profiling of leading players of the Earthing Switches market. All of the segments studied in the report are analyzed based on different factors such as market share, revenue, and CAGR. it also covers exhaustive coverage of market revenue, upcoming industry trends, and challenges faced by top players.
Request to Fill The Form To Get a Sample Copy of This Report: https://www.fortunebusinessinsights.com/enquiry/queries/105970
Major Earthing Switches…
Earthing Equipment Market Principles Shaping the Future of Construction - 2025
Allied Market Research published a new report, titled, "Earthing Equipment Market: Global Opportunity Analysis and Industry Forecast, 2021-2025."
The research offers an extensive analysis of key players active in the global Earthing Equipment Market. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.
The major companies profiled in the Earthing Equipment Market include:
ABB, Alstom, Crompton Greaves, Eaton, Emerson Electric, GE, Harger Lightning…
Earthing Equipment Market Competitive Survey and Growth Factor Analysis - 2025
Global earthing equipment market is estimated to reach $7.14 billion by 2025, registering the CAGR of 5.8% during the forecast period. Increase in demand for electricity due to rapid proliferation of the industrial and residential sectors coupled with rise in demand for turnkey earthing solution and rapid growth of the construction industry drive the growth of the global earthing equipment market. However, fluctuating cost of raw materials and low product…
