Frequently Asked Questions
In 2022, the global Earthing Equipment market was estimated to be worth USD 4.7 billion.
The Earthing Equipment market is anticipated to develop at a CAGR of 6.30% between 2023 and 2030, reaching USD 7.2 billion in 2030.
CI flat is the leading segment by product.
During the forecast period, the Residential category is expected to register the highest CAGR.
The global Earthing Equipment market research report is divided into the following categories: By Product, By End User
North America is boosting the growth of the Earthing Equipment market.
The top players include Schneider Electric S.E., Alstom SA, and ABB Ltd. Other major players include Emerson Electric Co., General Electric Company, and Toshiba Corporation.
The primary factors driving the market growth are increased government expenditure in infrastructure development and the expansion of telecommunication networks.
The factors limiting the market growth are a high initial investment and slow adoption in certain sectors.
The market’s primary opportunities are renewable energy expansion and smart grid implementation.