How big is the Industrial Electrical Component Market?

The Industrial Electrical Component Market size is expected to reach USD 57.20 billion in 2024 and grow at a CAGR of greater than 4% to reach USD 90.48 billion by 2029. Read More

What is the current Industrial Electrical Component Market size?

In 2024, the Industrial Electrical Component Market size is expected to reach USD 57.20 billion. Read More

Who are the key players in Industrial Electrical Component Market?

ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Company and Schneider Electric SE are the major companies operating in the Industrial Electrical Component Market. Read More

Which is the fastest growing region in Industrial Electrical Component Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Electrical Component Market?

In 2024, the North America accounts for the largest market share in Industrial Electrical Component Market. Read More

What years does this Industrial Electrical Component Market cover, and what was the market size in 2023?

In 2023, the Industrial Electrical Component Market size was estimated at USD 54.91 billion. The report covers the Industrial Electrical Component Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Electrical Component Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Electrical Component Companies

This report lists the top Industrial Electrical Component companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Industrial Electrical Component industry.