Electrical and Electronics Fairs

Electrical and Electronics Sector

 

The electrical and electronics sector encompasses the design, development, production, and use of electrical and electronic systems, devices, and products. It includes the manufacture of components and assemblies for a wide range of applications, such as power generation and distribution, lighting, communications, and entertainment.

Since the electrical and electronics sector is a constantly developing and renewing sector, international exhibitions are regularly organized. These exhibitions bring together the industry's leading companies, experts, and professionals to showcase and share the latest technologies and innovations. 

 

Electrical and Electronics Sector Report

Some of the key areas within the electrical and electronics sector include:

  1. Energy: This includes the generation, transmission, and distribution of electrical power, as well as the development of renewable energy technologies such as wind and solar power.
  2. Consumer electronics: This includes the design, manufacture, and sale of electronic devices for personal use, such as smartphones, laptops, and televisions.
  3. Automation and control: These include the development of control systems for industrial and commercial applications, as well as the design and manufacture of automation systems for manufacturing and process control.
  4. Lighting: This includes the design, manufacture, and sale of lighting products, including LED lighting and smart lighting systems.
  5. Communications: This includes the design, development, and production of products and services for communication networks, including wired and wireless networks, as well as satellite communications.

The electrical and electronics sector plays a critical role in modern society, as it provides the infrastructure and technology needed to support modern communication, entertainment, and business. It is also a rapidly evolving sector, with new technologies and innovations emerging regularly to meet the ever-changing needs of consumers and industry.

 

  • The market size of the sector was USD 729,11 billion in 2019
  • Pasific Asia was at the level of USD 274,00 as the leading region in the sector in 2019.
  • The electronic devices segment is the leading segment in the electrical and electronics sector.
  • A reason for the growing of the market is the rising numbers of households in urban regions.
  • The increasing demand of the people to the smart and energy efficient products is driving the adoption to the sector.
  • Turkey has a very strong position in the white goods (manufacture of electrical household appliances) sector, which is one of the sub-sectors of the electricity and electronics sector. Turkey ranks 1st in Europe and 3rd in the world with a production capacity of approximately 29 million units.
  • The countries with the highest potential in the sector are the UK, the USA, China, Germany and Russia.

 

According to “Electrical And Electronics Global Market Briefing 2023” from marketresearch.com :

  • The global electrical and electronics market was worth 3455.2 billion dollars in 2022.
  • In terms of per capita consumption, the market reached 442.9 dollars.
  • In terms of global GDP, a value of 3.24% emerged.
  • Electrical equipment was the most profitable segment in the electrical and electronics sector with 43.5%, followed by electronic products with 34.3%.


According to ““Electrical And Electronics Global Market Report” from thebusinessresearchcompany.com :

  • Sector will reach to $3739.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%.
  • The electrical and electronics market is expected to reach 4986.91 billion in 2027, at a CAGR of 7.5%.

 

What are the Electrical and Electronics Trade Shows?

There are many trade shows dedicated to the electrical and electronics industry, showcasing the latest products, technologies, and innovations in the sector. Some of the most well-known trade shows include:

Consumer Electronics Show (CES): The exhibition held annually in Las Vegas, USA, this is one of the largest and most influential trade shows in the consumer electronics industry, showcasing the latest technology and products for personal use.

Hannover Messe: The show held annually in Hannover, Germany, this is one of the largest trade shows in the industrial and electrical engineering sector, featuring products and solutions for energy, automation, and control.

Electronica: Held every two years in Munich, Germany, this is one of the largest trade shows in the electronics industry, showcasing products and solutions for the electronics manufacturing sector.

IFA Berlin: It is the world's number one trade show for consumer electronics, a sub-branch of the electrical and electronics industry. This exhibition, which takes place every year in Berlin, one of the most important cities in Europe, is an event that brings together not only Europe but also all countries of the world and where the latest technological products are exhibited.

Light + Building: It is held every two years in Frankfurt, Germany, this trade show focuses on the lighting and building technology sector, showcasing the latest products and innovations in lighting, smart home systems, and building automation.

China International Industry Fair (CIIF): The event held annually in Shanghai, China. This trade show showcases products and solutions in the electrical and electronics industry, as well as in other industrial sectors such as machinery, automation, and materials.

 

Which Sector Companies Can Participate in Electrical and Electronics Sector Exhibitions?

Electrical and electronics sector exhibitions welcome participation from a wide range of companies across various industries. These exhibitions attract companies engaged in electronics manufacturing, offering a diverse array of electronic components and devices.  The telecommunications sector is another prominent participant, presenting cutting-edge communication systems and network solutions. Consumer electronics manufacturers, automation and control systems companies, companies in the renewable energy sector, firms in medical and health sector, firms in build and construction can exhibit these fairs and show their latest developments. 

 

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