In 2021, the Global Electrical Equipment Market’s size was valued at USD 532.1 billion and is estimated to reach USD 691.8 billion by 2028 and is expected to be growing at a CAGR of 45.6 % throughout the forecast period. In this report, 2021 has been taken as the base year while 2020 is the historical year. The forecast year for the report is 2028 to approximate the size of the market for Electrical Equipment.

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Icon Market Research’s report on Electrical Equipment studies the past and current opportunities of growth and trends to get a clear picture of the growth indicators of the market for the forecast period 2021 to 2028.