According to the latest report by IMARC Group, titled “Earthing Equipment Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027″, The global earthing equipment market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.93% during 2022-2027.

Earthing equipment is used for transmitting electricity directly to the plate of the Earth. It ensures the safety of electrical appliances and devices from electric shock and overvoltage. It also helps avoid the risk of fire in electrical installation systems. Some commonly available earthing equipment includes low-resistance cables, clamp sticks, operating rod bags, pruning heads, and earth clamp application heads.

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Earthing Equipment Market Trends

A significant increase in the construction of residential and commercial complexes, coupled with the implementation of favorable government policies for improving existing infrastructure, represents one of the major factors bolstering market growth. In addition, key players are introducing portable equipment and smart earthing monitors enabled with big data, internet of things (IoT), artificial intelligence (AI), digital platforms, and smart sensors. This, in confluence with the rising number of mining activities worldwide, is anticipated to influence the market positively in the coming years.

Competitive Landscape Key Player:

  • ABB Ltd.

  • CG Power and Industrial Solutions Limited (Avantha Group)

  • Eaton Corporation Inc.

  • Emerson Electric Co.

  • General Electric

  • Harger Lightning & Grounding

  • Kingsmill Industries UK Ltd.

  • Schneider Electric SE

  • Toshiba Corporation

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Key Market Segmentation:

Our report has categorized the market based on region, product and application.

Breakup by Product:

  • MS Flat

  • CI Flat

  • GI Wire

Breakup by Application:

  • Residential

  • Commercial

  • Industrial

Breakup by Region:

  • North America: (United States, Canada)

  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)

  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)

  • Latin America: (Brazil, Mexico, Others)

  • Middle East and Africa

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