Industry: Service & Software
Published Date: 2025-02-27
Pages: 98 Pages
Report ld: 4308906
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Electrical & Automation Market Size(US$)

CAGR 2025-2031
13.4%
Market Size,2031
USD 21,670
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Electrical & Automation was valued at US$ 9095 million in the year 2024 and is projected to reach a revised size of US$ 21670 million by 2031, growing at a CAGR of 13.4% during the forecast period.
North American market for Electrical & Automation is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Electrical & Automation is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Electrical & Automation in Marine is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Electrical & Automation include GE, Siemens, ABB, Honeywell, Wartsila, Larsen & Toubro, Mitsubishi Electric, Schneider Electric, Dubrule Electrical & Automation, C. Jackson Electric & Automation, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electrical & Automation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical & Automation.
The Electrical & Automation market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electrical & Automation market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical & Automation companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electrical & Automation company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electrical & Automation Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Hardware
1.2.3 Software
1.2.4 Service
1.3 Market by Application
1.3.1 Global Electrical & Automation Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Marine
1.3.3 Oil & Gas
1.3.4 Energy
1.3.5 Construction
1.3.6 Automotive
1.3.7 Household Appliances
1.3.8 Industrial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electrical & Automation Market Perspective (2020-2031)
2.2 Global Electrical & Automation Growth Trends by Region
2.2.1 Global Electrical & Automation Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Electrical & Automation Historic Market Size by Region (2020-2025)
2.2.3 Electrical & Automation Forecasted Market Size by Region (2026-2031)
2.3 Electrical & Automation Market Dynamics
2.3.1 Electrical & Automation Industry Trends
2.3.2 Electrical & Automation Market Drivers
2.3.3 Electrical & Automation Market Challenges
2.3.4 Electrical & Automation Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electrical & Automation Players by Revenue
3.1.1 Global Top Electrical & Automation Players by Revenue (2020-2025)
3.1.2 Global Electrical & Automation Revenue Market Share by Players (2020-2025)
3.2 Global Electrical & Automation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Electrical & Automation Revenue
3.4 Global Electrical & Automation Market Concentration Ratio
3.4.1 Global Electrical & Automation Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electrical & Automation Revenue in 2024
3.5 Global Key Players of Electrical & Automation Head office and Area Served
3.6 Global Key Players of Electrical & Automation, Product and Application
3.7 Global Key Players of Electrical & Automation, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Electrical & Automation Breakdown Data by Type
4.1 Global Electrical & Automation Historic Market Size by Type (2020-2025)
4.2 Global Electrical & Automation Forecasted Market Size by Type (2026-2031)
5 Electrical & Automation Breakdown Data by Application
5.1 Global Electrical & Automation Historic Market Size by Application (2020-2025)
5.2 Global Electrical & Automation Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Electrical & Automation Market Size (2020-2031)
6.2 North America Electrical & Automation Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Electrical & Automation Market Size by Country (2020-2025)
6.4 North America Electrical & Automation Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electrical & Automation Market Size (2020-2031)
7.2 Europe Electrical & Automation Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Electrical & Automation Market Size by Country (2020-2025)
7.4 Europe Electrical & Automation Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electrical & Automation Market Size (2020-2031)
8.2 Asia-Pacific Electrical & Automation Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Electrical & Automation Market Size by Region (2020-2025)
8.4 Asia-Pacific Electrical & Automation Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electrical & Automation Market Size (2020-2031)
9.2 Latin America Electrical & Automation Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Electrical & Automation Market Size by Country (2020-2025)
9.4 Latin America Electrical & Automation Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electrical & Automation Market Size (2020-2031)
10.2 Middle East & Africa Electrical & Automation Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Electrical & Automation Market Size by Country (2020-2025)
10.4 Middle East & Africa Electrical & Automation Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE
11.1.1 GE Company Details
11.1.2 GE Business Overview
11.1.3 GE Electrical & Automation Introduction
11.1.4 GE Revenue in Electrical & Automation Business (2020-2025)
11.1.5 GE Recent Development
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens Electrical & Automation Introduction
11.2.4 Siemens Revenue in Electrical & Automation Business (2020-2025)
11.2.5 Siemens Recent Development
11.3 ABB
11.3.1 ABB Company Details
11.3.2 ABB Business Overview
11.3.3 ABB Electrical & Automation Introduction
11.3.4 ABB Revenue in Electrical & Automation Business (2020-2025)
11.3.5 ABB Recent Development
11.4 Honeywell
11.4.1 Honeywell Company Details
11.4.2 Honeywell Business Overview
11.4.3 Honeywell Electrical & Automation Introduction
11.4.4 Honeywell Revenue in Electrical & Automation Business (2020-2025)
11.4.5 Honeywell Recent Development
11.5 Wartsila
11.5.1 Wartsila Company Details
11.5.2 Wartsila Business Overview
11.5.3 Wartsila Electrical & Automation Introduction
11.5.4 Wartsila Revenue in Electrical & Automation Business (2020-2025)
11.5.5 Wartsila Recent Development
11.6 Larsen & Toubro
11.6.1 Larsen & Toubro Company Details
11.6.2 Larsen & Toubro Business Overview
11.6.3 Larsen & Toubro Electrical & Automation Introduction
11.6.4 Larsen & Toubro Revenue in Electrical & Automation Business (2020-2025)
11.6.5 Larsen & Toubro Recent Development
11.7 Mitsubishi Electric
11.7.1 Mitsubishi Electric Company Details
11.7.2 Mitsubishi Electric Business Overview
11.7.3 Mitsubishi Electric Electrical & Automation Introduction
11.7.4 Mitsubishi Electric Revenue in Electrical & Automation Business (2020-2025)
11.7.5 Mitsubishi Electric Recent Development
11.8 Schneider Electric
11.8.1 Schneider Electric Company Details
11.8.2 Schneider Electric Business Overview
11.8.3 Schneider Electric Electrical & Automation Introduction
11.8.4 Schneider Electric Revenue in Electrical & Automation Business (2020-2025)
11.8.5 Schneider Electric Recent Development
11.9 Dubrule Electrical & Automation
11.9.1 Dubrule Electrical & Automation Company Details
11.9.2 Dubrule Electrical & Automation Business Overview
11.9.3 Dubrule Electrical & Automation Electrical & Automation Introduction
11.9.4 Dubrule Electrical & Automation Revenue in Electrical & Automation Business (2020-2025)
11.9.5 Dubrule Electrical & Automation Recent Development
11.10 C. Jackson Electric & Automation
11.10.1 C. Jackson Electric & Automation Company Details
11.10.2 C. Jackson Electric & Automation Business Overview
11.10.3 C. Jackson Electric & Automation Electrical & Automation Introduction
11.10.4 C. Jackson Electric & Automation Revenue in Electrical & Automation Business (2020-2025)
11.10.5 C. Jackson Electric & Automation Recent Development
11.11 SMS group
11.11.1 SMS group Company Details
11.11.2 SMS group Business Overview
11.11.3 SMS group Electrical & Automation Introduction
11.11.4 SMS group Revenue in Electrical & Automation Business (2020-2025)
11.11.5 SMS group Recent Development
11.12 Harms Electric
11.12.1 Harms Electric Company Details
11.12.2 Harms Electric Business Overview
11.12.3 Harms Electric Electrical & Automation Introduction
11.12.4 Harms Electric Revenue in Electrical & Automation Business (2020-2025)
11.12.5 Harms Electric Recent Development
11.13 Festo
11.13.1 Festo Company Details
11.13.2 Festo Business Overview
11.13.3 Festo Electrical & Automation Introduction
11.13.4 Festo Revenue in Electrical & Automation Business (2020-2025)
11.13.5 Festo Recent Development
11.14 ANDRITZ Group
11.14.1 ANDRITZ Group Company Details
11.14.2 ANDRITZ Group Business Overview
11.14.3 ANDRITZ Group Electrical & Automation Introduction
11.14.4 ANDRITZ Group Revenue in Electrical & Automation Business (2020-2025)
11.14.5 ANDRITZ Group Recent Development
11.15 Werner Electric
11.15.1 Werner Electric Company Details
11.15.2 Werner Electric Business Overview
11.15.3 Werner Electric Electrical & Automation Introduction
11.15.4 Werner Electric Revenue in Electrical & Automation Business (2020-2025)
11.15.5 Werner Electric Recent Development
11.16 Emerson
11.16.1 Emerson Company Details
11.16.2 Emerson Business Overview
11.16.3 Emerson Electrical & Automation Introduction
11.16.4 Emerson Revenue in Electrical & Automation Business (2020-2025)
11.16.5 Emerson Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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