Global Switchboard Industry (2020 to 2027) – Market Trends and Drivers – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Feb 4, 2021–
The "Switchboard – Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com’s offering.
The publisher brings years of research experience to the 9th edition of this report. The 159-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Switchboard Market to Reach US$166.4 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Switchboard estimated at US$125.5 Billion in the year 2020, is projected to reach a revised size of US$166.4 Billion by 2027, growing at a CAGR of 4.1% over the period 2020-2027.
The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 6.8% CAGR for the Period of 2020-2027
The Switchboard market in the U.S. is estimated at US$36.2 Billion in the year 2020. The country currently accounts for a 28.84% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$29.3 Billion in the year 2027 trailing a CAGR of 6.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR while Rest of European market (as defined in the study) will reach US$29.3 Billion by the year 2027.
Competitors identified in this market include, among others:

  • ABB Ltd.
  • Emerson Process Management
  • Mitsubishi Electric Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SA

Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Switchboard Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION

  • Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/joab8l
View source version on businesswire.com:https://www.businesswire.com/news/home/20210204005568/en/
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SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 02/04/2021 06:10 AM/DISC: 02/04/2021 06:10 AM
http://www.businesswire.com/news/home/20210204005568/en