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.
The rising demand from the residential sector is the key driver for the growth of this market. Earthing is required in residential buildings to protect residents, machinery, and appliances from electrical surges. The ability of earthing equipment to provide a safe path for the dissipation of short circuit currents and to provide a secure platform for the operation of sensitive electronic equipment will result in its increased implementation in residential buildings during the forecast period.
The global market for earthing equipment is highly fragmented due to the presence of numerous small and large vendors. The providers in the market compete on the basis of price, quality, and value-added services to gain a competitive edge over their rivals. To survive and succeed in this market, the vendors have to continually innovate and develop new products, as it will help them to bolster their revenue generating capacity.
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The global Earthing Equipment market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Earthing Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Earthing Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Earthing Equipment Market report are Abb, Emerson Electric, Ge, Schneider Electricand more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Earthing Equipment Market Overview
2 Global Earthing Equipment Market Competition by Manufacturers
3 Global Earthing Equipment Production Market Share by Regions
4 Global Earthing Equipment Consumption by Regions
5 Global Earthing EquipmentProduction, Revenue, Price Trend by Type
6 Global Earthing Equipment Market Analysis by Applications
7 Company Profiles and Key Figures in Earthing Equipment Business
8 Earthing Equipment Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Earthing Equipment Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source