Electrical Equipment Market in Bosnia and Herzegovina 2016-2020
- Published: Dec 2016
- Pages: 50
- SKU: IRTNTR10003
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This market research study presents a comprehensive analysis of the electrical equipment market in Bosnia and Herzegovina by type of product (electrical and electronic wires and cables, electric lighting equipment, batteries and accumulators, and wiring devices). This report also analyzes the leading players in the market including TT cables, Electrokontakt Zagreb, Tvornica elektro opreme, and Kapis Tvornica kabela Tomislavgrad.
Overview of the electrical equipment market in Bosnia and Herzegovina
Extensive research carried out by the analysts at Technavio has shown that the electrical equipment market in Bosnia and Herzegovina will witness steady growth and will post a CAGR of more than 6% over the forecast period. With the growth of the housing market in the country, the electrical equipment market is anticipated to have a positive outlook in the coming years. Although the pace of recovery of the housing sector is slow, the real estate will grow steadily because of an increase in interest from international developers and investors. This recovery is contributing to a slow but steady increase in demand for electrical equipment.
The augmented demand for LED-based lighting products is one of the emerging trends driving this market’s growth during the forecast period. Manufacturers that cater to such residential end-users are focussing on the introduction of products with innovative designs and aesthetic appeal to enhance sales. Moreover, fluorescent tubes are being increasingly substituted with LED-based lighting systems, which will also contribute to this market’s growth during the predicted period. The government’s implementation of the National Energy Efficiency Action Plan in 2012 is also expected to aid in the increased adoption of energy-efficient systems such as LED-based lighting products.
Segmentation by type of product and analysis of the electrical equipment market in Bosnia and Herzegovina
- Electrical and electronic wires and cables
- Electric lighting equipment
- Batteries and accumulators
- Wiring devices
The electrical and electronic wires and cables segment led the electrical equipment market in Bosnia and Herzegovina and accounted for more than 84% of the market shares in terms of revenue. Increasing demand from export markets in the EU is one of the key factors impelling the growth prospects of this market segment.
Competitive landscape and key vendors
The electrical equipment market in Bosnia and Herzegovina is characterized by the presence of several well-established international and regional vendors. The majority of international players have increased in their footprint in the market through strong distribution strategies. As a result, the domestic manufacturers are finding it increasingly difficult to compete with international players in terms of quality, technology, and pricing. The competitive environment in this market will likely intensify with an increase in product/service extensions and technological innovations.
Key vendors in this market are -
- TT cables
- Electrokontakt Zagreb
- Tvornica elektro opreme
- Kapis Tvornica kabela Tomislavgrad
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the electrical equipment market in Bosnia and Herzegovina?
- What are the key market trends impacting the growth of the electrical equipment market in Bosnia and Herzegovina?
- What are the challenges to market growth?
- Who are the key vendors in the electrical equipment market in Bosnia and Herzegovina?
- What are the market opportunities and threats faced by the vendors in the electrical equipment market in Bosnia and Herzegovina?
- Trending factors influencing the market shares of Bosnia and Herzegovina.
- What are the key outcomes of the five forces analysis of the electrical equipment market in Bosnia and Herzegovina?
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This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive landscape
- Other prominent vendors
PART 14: Key vendor analysis
PART 15: Appendix
- List of abbreviation
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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