Asia - Electrical Apparatus for Circuit Connection, Switching and Protection - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsia: Electrical Circuit Apparatus Market 2024
Electrical Circuit Apparatus Market Size in Asia
In 2021, the Asian electrical circuit apparatus market decreased by X% to $X, falling for the second consecutive year after eight years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Electrical Circuit Apparatus Production in Asia
In value terms, electrical circuit apparatus production amounted to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Electrical Circuit Apparatus Exports
Exports in Asia
In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were exported in Asia; jumping by X% against 2020. The total export volume increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical circuit apparatus exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
China dominates exports structure, finishing at X units, which was approx. X% of total exports in 2021. Hong Kong SAR (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%). South Korea (X units), Singapore (X units), Turkey (X units), Taiwan (Chinese) (X units), Thailand (X units), India (X units), Vietnam (X units), the United Arab Emirates (X units) and Malaysia (X units) held a little share of total exports.
From 2012 to 2021, average annual rates of growth with regard to electrical circuit apparatus exports from China stood at X%. At the same time, Vietnam (X%), the United Arab Emirates (X%), Thailand (X%), Singapore (X%), Taiwan (Chinese) (X%), Turkey (X%), Hong Kong SAR (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2021. India and Japan experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest electrical circuit apparatus supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Japan, with a X% share.
In China, electrical circuit apparatus exports increased at an average annual rate of X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Japan (X% per year).
Export Prices by Country
In 2021, the export price in Asia amounted to $X per unit, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices attained the maximum in 2021 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Turkey ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.
Electrical Circuit Apparatus Imports
Imports in Asia
In 2021, purchases abroad of electrical apparatus for circuit connection, switching and protection was finally on the rise to reach X units after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
The countries with the highest levels of electrical circuit apparatus imports in 2021 were South Korea (X units), Hong Kong SAR (X units), China (X units), Japan (X units), Malaysia (X units), Singapore (X units), Saudi Arabia (X units), Indonesia (X units), Thailand (X units), India (X units), Turkey (X units) and the United Arab Emirates (X units), together reaching X% of total import.
From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest electrical circuit apparatus importing markets in Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together comprising X% of total imports. Singapore, South Korea, Thailand, Malaysia, India, Turkey, Indonesia, the United Arab Emirates and Saudi Arabia lagged somewhat behind, together accounting for a further X%.
In terms of the main importing countries, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Asia stood at $X per unit in 2021, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while South Korea ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electrical circuit apparatus market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27121010 - Fuses for a voltage > 1 kV
- Prodcom 27121020 - Automatic circuit breakers
- Prodcom 27121030 - Isolating switches and make-and-break switches
- Prodcom 27121040 - Lightning arresters, voltage limiters and surge suppressors for a voltage > 1 kV
- Prodcom 27121090 - Other apparatus for switching... electrical circuits > 1 .000 V
- Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
- Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
- Prodcom 27122170 - Fuses for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122330 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and a current . .16 A (excluding fuses, a utomatic circuit breakers)
- Prodcom 27122350 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .16 A but . .125 A (excluding fuses, automatic circuit breakers)
- Prodcom 27122370 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .125 A (excluding fuses, a utomatic circuit breakers)
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
- Prodcom 27331100 - Electrical apparatus for switching electrical circuits for a voltage . 1 kV (including push-button and rotary switches) (excluding relays)
- Prodcom 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
- Prodcom 27331360 - Prefabricated elements for electrical circuits for a voltage . 1 kV
- Prodcom 27331370 - Connections and contact elements for wires and cables for a voltage . 1 kV
- Prodcom 27331380 - Other apparatus for connections to or in electrical circuit, v oltage . 1 .000 V
Country coverage:
- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cyprus
- Democratic People's Republic of Korea
- Georgia
- Hong Kong SAR
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Lebanon
- Macao SAR
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Asia, split by region and country
- Trade (exports and imports) in Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Hong Kong SAR
- Macao SAR
- Cyprus
- Georgia
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lebanon
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
- Lao People's Democratic Republic
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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