Market Reports Center One Stop Market Reaserch Shop Earthing Equipment Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report – Global Earthing Equipment Market 20162020 Technavio recognizes the following companies as the key players in the global earthing equipment market: ABB, Emerson Electric, GE, and Schneider Electric. Commenting on the report, an analyst from Technavio’ s team said: “Demand for turnkey solutions will be a key trend for market growth. In order to survive the intensely competitive market environment, vendors direct their efforts toward offering differentiated products to end-users. However, the market lacks new, upcoming technologies in the field of earthing and grounding systems. Thus, vendors are focusing on establishing long-term relationships with end-users by offering turnkey solutions. These solutions provide installation of the earthing and grounding equipment along with complete electrical wiring systems, and testing of the protection systems.” Browse full report with TOC@ https://marketreportscenter.com/reports/349492/global-earthingequipment-market-2016-2020 According to the report, one of the key drivers for market growth will be rise in demand from power sector. The global rise in energy consumption and growing electricity demand has resulted in the massive development of power generation, distribution, and transmission infrastructure. Growing investments to scale up electricity transmission and distribution infrastructure is a potential driver of the Market Reports Center One Stop Market Reaserch Shop global earthing equipment market. The global electric power transmission network market is expected to rise from 5.48 million Ckm in 2014 to 6.6 million Ckm in 2019, growing at a CAGR of 2.80%. Further, the report states that lack of product differentiation will be a challenge for the market. The market includes local, regional, and international vendors offering similar products at competitive prices. However, with a small scope for product differentiation in earthing equipment, the manufacturers in the market have a lower bargaining power. Moreover, many vendors are trying to offer reliable equipment at cheaper rates to stay ahead of their competitors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/349492 About Earthing Equipment The earthing system involves a combination of protective devices, such as residual current devices and fuses. The purpose of these devices is to ensure that no one should come in physical contact with any metal whose relative potential exceeds the threshold level of approximately 50 V. Earthing equipment is vital to the proper operation of electrical systems and to preserve their integrity. The market is projected to grow during the forecast period because of the need to meet the rising electricity demand and construction activities globally and the revamping of existing power grids. Technavio’ s analysts forecast the global earthing equipment market to grow at a CAGR of 6.12% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global earthing equipment market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of earthing equipment. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Earthing Equipment Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Market Reports Center One Stop Market Reaserch Shop To Get Discount On The Report @ https://marketreportscenter.com/request-discount/349492 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
According to the report, one of the key drivers for market growth will be rise in demand from power sector. The global rise in energy consumption and growing electricity demand has resulted in the massive development of power generation
© Copyright 2024 Paperzz
