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 Market Share

Statistics for the 2023 & 2024 Industrial Electrical Component market share, created by Mordor Intelligence™ Industry Reports. Industrial Electrical Component share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Industrial Electrical Component Industry

The Industrial Electrical Component Market is fragmented. Some of the key players in this market include (in no particular order) Siemens AG, ABB Ltd., Toshiba, General Electric, and Schneider Electric.