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Company profiles provide the following insights:
- Company summary
- Product and service offerings
- Risk level report
- Financial reports and management team contacts
- Similar companies and competitors (by region)
- Industry trends and challenges
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Electrical Equipment Manufacturing Industry Insights: Trends and Challenges
Smart grid technology is creating many opportunities for the electrical equipment manufacturing industry as it enables electric power conditioning and control over generation and distribution of electric power. Smart grid development is also leading to increased investment and partnerships in the industry, helping to drive immense growth in the industry.
Due to aging populations around the world, the electrical equipment industry's shortage of skilled workers will have long-term effects, posing a serious challenge for manufacturers. To combat these challenges, companies are investing more in high-cost workforces that are appropriately skilled and leveraging new technologies such as automation to reduce dependence on human skills.
Electrical Equipment Manufacturing Company Insights on BizVibe: Top Players and Specialized Manufacturers
Some of the public and private electrical equipment manufacturing companies on BizVibe include:
Market Leaders:
- Samsung Electronics Co Ltd
- Hitachi Ltd
- General Electric
- Panasonic Corporation
- Siemens AG
Specialized Manufacturers:
- WEG
- TBEA Co. Ltd
- Franklin Electric Co. Inc.
- Regal Beloit Corporation
- Aetz Ao
View 50+ insights for all electrical equipment companies
Key Segments Covered
BizVibe's electrical equipment manufacturing industry insights cover the following segments.
Top Electrical Equipment Categories:
- Electric Motor and Generator Manufacturers
- Transformer Manufacturers
Top Specialized Categories:
- Relay and Industrial Control Manufacturers
- Switchgear and Switchboard Apparatus Manufacturers
- Other Electrical Equipment Manufacturers
Learn more about company insights for this industry
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SOURCE BizVibe
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