According to Goldstein Research, North America electrical equipment manufacturing market is expected to reach USD0.72 billion by the end of 2024 from USD 0.5 billion in 2016, growing at a CAGR of 10.2% over the forecast period, 2016-2024. The rebounded manufacturing industry after 2008 crisis and development of new technologies are driving the growth of the market.North AmericaElectrical equipment manufacturing market segmentation has beendoneon the basis of type of equipment, end-users and geography. Of all the type of equipment, power generation, transmission and control equipment accounted for largest revenue share in 2016. North America Electrical equipment manufacturing market is dominated by the U.S. in terms of revenue generation on the back of heavy manufacturing processes and high demand of equipment across the verticals.
Market Segmentation
On the basis of our in-depth analysis, North AmericaElectrical Equipment ManufacturingMarket can be segmented as follows:
• By Type of Equipment
o Household Appliances
o Lighting Equipment
o Wiring and Cables
o Batteries
o Power Generation Equipment
o Transmission and Control Equipment

• By End User
o Commercial Users
o Residential/ Domestic Users

• On the basis of region
o United States {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
o Canada {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}


“North America Electrical Equipment Manufacturing Market Outlook 2024”contains detailed overview of the North America Electrical equipment manufacturing market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type of equipment and end-user.
Further, for the in-depth analysis, North America Electrical Equipment Manufacturing Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asSamsung Electronics, Generic Electric, Panasonic Corporation, Philips, Siemens, Toshiba, LG Electronics Inc, Whirlpool Corp, Schneider Electric S.A., Bosch Gmbh,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the North AmericaElectrical equipment manufacturing market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of North America and regional variations along with competitors’ overview. Our analysts working on manufacturing reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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