The electrical equipment manufacturing industry is presently going through some robust changes. Electrical equipment are item, appliance, or material used for generating, transforming, or distributing electrical energy. Therefore, electrical equipment manufacturers are involved in the manufacturing of products or materials that generate, transform, distribute, and utilize electrical energy.
Examples of electrical equipment include electrical meter, non-metallic sheathed cable, single pole switch, circuit breaker, light fixture, and many more. Electrical equipment manufacturers are creating new innovations and ideas to transform the industry. Also, these manufacturers produce conductors, materials, small appliances, amongst many others.
Electrical equipment manufacturers have made sabasport a huge impact in the industry by seeking for ways to improve the processes. These manufacturers keep looking for how to innovate and improve communication between their workers and clients. Here, we have the best electrical equipment manufacturers you can work with.
Best Electrical Equipment Manufacturers
Hitachi Ltd
This multinational company was founded over a century ago by electrical engineer Namihel Odaira. Hitachi Ltd is a Japanese-based electrical equipment manufacturer involved in the production of industrial machinery, heavy equipment, IT systems, defense technology, and more.
This company invested in the expansion of its business in areas like IoT infrastructure, IT, big data, and other solutions that need innovative electrical equipment. Hitachi Ltd was able to achieve this expansion due to its vast experience acquired from previous power generation.
As of now, Hitachi is the second largest producer of electrical equipment in the world. The company has a market capitalization of about 6.47T. Also, it is highly ranked on the Nagoya Stock Exchange and Tokyo Stock Exchange. In the Forbes Global 2000 list, Hitachi Ltd was ranked 129th and 38th in the Fortune Global 500.
This multinational conglomerate has operations in sectors such as nuclear, engineering and electronics, and transportation. Hitachl’s products and services are widely used in applications like healthcare, communications, distribution, industry, manufacturing, and government among others.
Schneider Electric
Schneider Electric is a well-known electrical equipment manufacturer in France. This company offers automation and energy solutions to ensure sustainability and efficiency to serve various industries like data center, marine, utility, pharmaceutical, and electric utility. The company’s product portfolio includes advanced distribution management systems, variable speed drives, supervisory software for power management, and wireless energy sensor.
This company has more than 100 years experience in the manufacturing of electrical equipment. Schneider Electric has its headquarter in Rueil-Malmaison in France. This electrical equipment manufacturer believes that humans should have access to digital and energy. Therefore, Schneider Electric offers automation digital and energy solutions to various industries.
This multinational company integrates advanced energy technologies, software and services, and real-time automation for Infrastructure, Homes, and Industries. Schneider Electric is dedicated to discovering the infinite possibilities of a global, and innovative community.
Panasonic Corporation
Panasonic Corporation is a Japanese multinational company founded in 1918. This company started with the production of a light bulb socket. With its headquarter in Kadoma, Osaka, Panasonic creates innovation measures and integrative world-class technologies for the production of electrical equipment.
The electrical equipment manufacturer is one of the largest manufacturers of electrical equipment in the world at the end of the 20th century. Panasonic is now presently engaged in the production of consumer electronics. It provides products like industrial systems, rechargeable batteries, home renovation and construction, optical devices, and AC units to lighting.
This electrical equipment manufacturing company is ranked as the 4th largest electrical equipment manufacturer in the world with a market capitalization of 3.26T. Furthermore, Panasonic Corporation is a constituent of TOPIX indices and Nikkei 225. With over 140,000 patents and distribution companies in Asia, Europe, and America, Panasonic employs more than 244,479 workers across the globe.
Panasonic has gained popularity in the electrical equipment industry and is highly preferred among customers due to the quality of their electrical products.
General Electric
As a leader in manufacturing diverse electrical equipment and solution in consumer electronics, General Electric offers a wide range of electrical equipment across several fields like renewable energy, digital, weapons production, and more. It is one of the largest electrical equipment manufacturers in the world.
General Electric is a highly ranked electrical equipment manufacturer in the United Sates. It is ranked as the 33rd largest electrical equipment manufacturer in the U.S by gross revenue. This company has operations in about 170 countries in the world. As a global leader, this company has about 113.28B of market capitalization. Also, this giant electrical equipment company is a large employer of labor as it works it over 174,000 employees across the world.
General Electric was listed among the Fortune 500. The company reveals its plans to invest on new subsidiaries that focus on healthcare, renewable energy, digital, aviation, and more. The consumer products of this company are visible to the public, but they account for a small percentage of the annual sales of the company.
ELEO
Eleo is a leading electrical equipment manufacturer that specializes in the production of different types of battery systems for various applications. Also, this manufacturer produces various battery systems designed to power one or more appliances based on the demands of the consumer. Eleo’s battery systems are widely integrated in various markets like marine, industrial market, e-mobility, and e-vehicles.
Since Eleo was founded in 2015, it has invested more in creating ideas and innovations to make its battery solutions easily accessible to everyone. The main goal of this electrical equipment manufacturer is to enhance the world’s evolution to achieve a safer and better world by delivering high-performance battery system solutions to various machines and vehicles. This helps in achieving electrification via installation, plug & play stem, and smart features.
All battery systems produced by Eleo are assembled at their world-class production facility in Netherlands. Their production facility was specially built to ensure reliable and highly robust manufacturing process that guarantees safety standards and high quality of every pack going out of the facility.
Eleo hopes to build a future where customers will be provided with high-performance battery systems that can electrify heir machinery and vehicles.
Samsung Electronics
This South Korean giant electronics corporation is ranked as the world’s second largest technology company. As a top leader in electrical equipment manufacturing, Samsung Electronics has $22.47 billion as its market capitalization. Presently, this company has sales networks and assembly plants in about 74 countries.
Samsung Electronics works with a great team of professionals who dedicate their time to providing solutions to issues arising in the electrical equipment manufacturing industry. This company specializes in the production of electronic components like semiconductors, camera modules, lithium-ion batteries, image sensors and more for brands like Nokia, Sony, Apple, and HTC.
Samsung Electronics engages in the manufacturing of appliances to telecommunication equipment to computers. According to an estimate, Samsung Electronics will become the leading producer of electrical equipment in the world. With its great expertise and integration of advanced technologies, this company has been able to stay on top of its game.
Its electrical products are widely integrated across several industries like consumer electronics, telecommunications, and information technology among others. Samsung employs cutting-edge technology to achieve its mission and such as become a household name. This company produces about 20% of the total exports of South Korea.
Sentor Electrical
Sentor Electrical is an emerging electrical equipment company founded in 2008. This electrical equipment manufacturer provides security, lightning, cabling, earthing, and other services. Also, this company manufactures a wide range of product which include valves, electrical accessories, and more. This electrical equipment manufacturer is well-known for its expertise in electrical equipment manufacturing.
Sentor Electrical supplies their electrical products to some of the best FM companies and MEP contractors. Also, their products are widely integrated across all sectors like industries, healthcare, power, and government. This company has rights to the In-Country Value certificate of the UAE. Therefore, this enables them to deliver future projects across the UAE region.
As a leading supplier of electrical equipment across the UAE region, this company keeps delivering quality. Sentor Electrical works with a team of highly skilled engineers who are dedicated to creating innovative ideas that will transform the electrical equipment industry and as well contribute to the development of the industry.
If you are looking for a reliable electrical equipment manufacturer, Sentor Electrical is the right option for you.
Mitsubishi Electric Corp
Mitsubishi Electric is popular electrical equipment company in Japan. This multinational company has its headquarter in Tokyo, Japan. As a world leader in the manufacturing of multi-field electrical equipment, this company has over 95 domestic companies in the country. Asides from that, it has 108 international companies across the world.
Mitsubishi Electric is a core company of Mitsubishi Group. In 2020, this company earned over 4,462.5 billion yen as revenue. It has a market capitalization of 3.25T. The production of electrical products like automation parts, air conditioners, semiconductors, high-performance home appliances, trains systems, satellites, and electric motors among others contributed to the revenue generated by Mitsubishi Electric.
The company which was founded in 1921 has more than 70 years experience in the production of electrical equipment. Its product portfolio includes data communication systems, household appliances, heavy electric machinery amongst others. Mitsubishi Electric Corp specializes in the development, production, and distribution of electronic equipment.
This company keeps contributing to the economic growth of Japan. Also, Mitsubishi Electric’s electrical products undergo strict testing and inspection procedures before mass production.
How to Choose the Best Electrical Equipment Manufacturer
There are several factors to look into before you hire an electrical equipment manufacturing. These factors include:
Level of expertise
You need to consider your manufacturer’s level of expertise especially as regards your own industry. For instance, if you need an electrical product in the consumer electronics industry, you should inquire if your manufacturer specializes in consumer electronics. You need to work with a team that specializes in what you need.
Certifications
You need to be sure your electrical equipment manufacturer has the right certifications. Certifications are ways manufacturers earn the trust of their clients. This assures their clients the quality of their products.
Customer support
Your manufacturer needs to be responsive to your needs. Also, this manufacturer must be able to deliver at your deadline. The best manufacturer will keep you updated as regards your needs and seek for means to meet all your demands.
Challenges in the Electrical Equipment Manufacturing Industry
The manufacturing world is presently experiencing huge changes, even after the pandemic hit. This industry is experiencing challenges like labor shortages, supply chain shortages, and lack of technology. These challenges have been affecting consumers as they are at the forefront of this negative trend. As a result of this manufacturers are seeking for ways to modernize the way they carry out their business.
What challenges are electrical equipment manufacturers presently facing?
Supply chain shortages
Companies are beginning to combine external and internal resources while adhering to international standards. Problems like compliance and traceability are contributing to operational burdens. Also, it is usual for components to go on a long journey before getting to the final consumer.
Labor shortages
Another big challenge electrical equipment manufacturer are faced with is labor shortages. Lack of labor tends to bring a setback to the electrical equipment industry. This industry needs highly skilled and professional engineers, developers, and designers. However, this continues to be a major problem in this industry.
Uncertain demand
Economic volatility can result in fluctuations in production. Consumer preference can lead to spikes in demand for a separate company or product. Furthermore, there should be efficient capabilities to align inventory with demand.
Shrinking operating margins
New innovations are being made in the electrical equipment industry. Global competition is reducing prices of goods. Since most companies need to stay relevant in the industry irrespective of the competition, these companies need to be more cost-efficient.