|By PR Newswire||
|April 4, 2014 03:30 AM EDT||
DUBLIN, April 4, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/53rvwh/global_electrical) has announced the addition of the "Global Electrical Equipment Market 2012-2016" report to their offering.
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The analysts forecast the Global Electrical Equipment market to grow at a CAGR of 4.92 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for electrical equipment from developing nations. The Global Electrical Equipment market has also been witnessing an increasing number of mergers and acquisitions. However, fluctuating costs of raw materials could pose a challenge to the growth of this market.
The report, the Global Electrical Equipment Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Electrical Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Due to increasing ecological concerns and stringent government regulations for air pollution, government and private power-generating companies are exploring new opportunities for clean energy generation. Power-generating companies are looking for alternative options such as wind energy, solar energy, and tidal energy for power generation. This has led to an increase in demand for electrical equipment such as turbines, power cables, and generator and sets. In 2012, 66 percent of the Global Electrical Equipment market share was held by turbines, power cables, and generators and sets, generating revenue of US$189,486 million. Developed countries such as the US, the UK, and Germany are increasing their investment in clean energy production.
According to the report, one of the major growth drivers in the market is the increasing demand for electrical equipment from the Power industry. The Power industry in the APAC region is trying to increase its capacity, which in turn has made them invest in electrical equipment.
Further, the report states that one of the major challenges is fluctuations in the price of raw materials. Prices of metals and other raw materials are volatile and they tend to keep increasing year-on-year, resulting in a negative impact on the revenue of vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ABB Ltd., BHEL, Caterpillar Inc., Eaton Corp. plc, and Larsen and Toubro Ltd.
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.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Product Segmentation
8. Geographical Segmentation
9. Key Leading Countries
10. Vendor Landscape
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Key Vendor Analysis
18. Other Reports in this Series
- Alstom SA
- Eaton Corporation plc
- General Electric Co.
- Schneider Electric SA
- Siemens AG.
For more information visit http://www.researchandmarkets.com/research/53rvwh/global_electrical
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets