Gitnux/Report 2026

Electrical Components Industry Statistics

286Statistics
80Sources
12Sections
1Visuals
48mRead
Electrical Components Industry Statistics
How this report is researched
01Editorial Scope

Before any source is gathered, an editor locks the question, what qualifies, and how the piece will be judged.

02Source Research

Search agents collect the source set and pull each data point out with its provenance attached.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The electrical components industry at a glance

The global electro industry is forecast to reach €6.2 trillion in 2026, with Asia accounting for 74% of production and electrification, data centers, automation and renewable-energy investment supporting demand.

€6.2T[66]
Global electro market, 2026 forecast
448,400[37]
U.S. industry jobs, October 2026
74%[66]
Asia production share, 2023
€1.23T[66]
Components and systems, 2023
Market size
ZVEI reported global electro-industry production and market value of €5.597 trillion in 2023. Within the sector breakdown, electric components and systems represented €1.2313 trillion, or 22.0% of the 2023 market.[66]
Forecast & CAGR
ZVEI forecasts the global electro market at €5.9 trillion in 2025 and €6.2 trillion in 2026, implying approximately 5% growth in 2026. A U.S. electrical-components report projects the narrower U.S. market to rise from about $105 billion in 2023 to $134 billion in 2028, a forecast CAGR of approximately 5.0%.[66]
Market share & regions
Asia generated €4.133 trillion, or 74% of global electro-industry production, in 2023; Europe accounted for 14% and the Americas for 11%. China alone represented 48% of global production, while the United States accounted for 8%.[66]
Segmentation
ZVEI’s 2023 sector segmentation placed electric components and systems first at 22.0% of the global electro market, followed by automation at 11.7%, communication technology at 8.8%, information technology at 8.7% and power engineering at 5.7%.[66]
Key players & concentration
The industry includes diversified manufacturers such as ABB, Eaton, Emerson, Hubbell, Legrand, nVent and Schneider Electric. Public comparable-company data cited in a 2024 industry report showed a current median enterprise-value-to-LTM-EBITDA multiple of 15.6x for electrical-component providers, versus 17.0x for the S&P 500; the available sources do not provide a reliable global revenue-concentration ratio.
Pricing
The U.S. producer price index for electrical equipment, appliance and component manufacturing reached 222.266 in September 2026, rising 0.3% from August; the import price index was 126.9. An industry report says post-pandemic pricing normalized and expected annual increases were in the low-to-mid single digits as of late 2024.[37]
Trends, drivers & challenges
ZVEI forecasts electric components and systems growth of 7% in 2026, while power engineering is forecast to grow 6%. Key demand drivers identified in industry research include renewable-energy deployment, electrification, connectivity and data-center infrastructure; challenges include inventory normalization, supply-chain exposure and rising unit labor costs, which increased 10.3% in U.S. NAICS 335 in 2025.[66][37]
Consumer behavior & competition
Demand is increasingly tied to infrastructure and industrial buyers rather than only household electronics: about 94% of Maverick Power’s products, acquired by nVent in 2026, served data centers. The U.S. subsector had 11,327 private establishments in the first quarter of 2026, indicating a broad supplier base alongside large multinational competitors.[67][37]
M&A
nVent announced a $1.75 billion acquisition of Maverick Power in 2026; Maverick had about 900 employees and approximately $700 million in annual revenue. Sonepar reported that its 17 acquisitions completed in 2024 represented €2.2 billion in additional sales, while acquisitions over the prior 20 years represented 60% of its total growth.[67][68]
Regulation
The EU RoHS framework restricts 10 hazardous substances in electrical and electronic equipment, including lead, mercury, cadmium and four phthalates. New EU Regulation 2025/2052 introduces ecodesign requirements for external power supplies, battery chargers, wireless chargers and USB Type-C cables from 14 December 2028.[69][70]
Latest news
The most significant recent transaction identified was nVent’s announced $1.75 billion purchase of Maverick Power, aimed at expanding power-distribution products for data centers. In November 2026, Sonepar also highlighted its global acquisition program and the addition of EOSYS, a U.S. industrial-automation solutions provider.[67][68]

02 Ranking

Top 10 Companies in the Electrical Components Industry

The leading companies in the electrical components industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

Amphenol leads Gitnux's 2026 electrical components ranking with an Overall score of 9.3, driven by operating margin 25.4% and R&D 2.8% of revenue. Schneider Electric is the highest-ranked energy distribution and automation systems provider at 9.1, with R&D at 5.6% of revenue and operating margin 18.7%.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in interconnect hardware

    Amphenol

    US

    Ranked #1 · 9.3 · Interconnect hardware

    Why we picked it: Interconnect, sensors and antennas show measurable profitability and R&D intensity.

  2. Leader in energy distribution & automation

    Schneider Electric

    FR

    Ranked #2 · 9.1 · Energy distribution & automation

    Why we picked it: Energy management and automation systems align with high digital and environmental data coverage.

  3. Leader in passive components

    TDK

    JP

    Ranked #3 · 9.1 · Passive components

    Why we picked it: Passive components and sensors sit in a segment defined by capacitors and inductive devices.

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the electrical components industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

Amphenol

Interconnect hardware · US

9.3
2

Schneider Electric

Energy distribution & automation · FR

9.1
3

TDK

Passive components · JP

9.1
4

Eaton

Energy distribution & automation · IE

9.0
5

Siemens

Energy distribution & automation · DE

9.0
6

TE Connectivity

Interconnect hardware · CH

8.7
7

nVent Electric

Enclosures & wiring infrastructure · IE

8.5
8

Hubbell

Enclosures & wiring infrastructure · US

8.1
9

Belden

Industrial connectivity · US

8.1
10

Vishay Intertechnology

Passive components · US

7.7

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 11). Top 10 companies in the electrical components industry. In Electrical Components Industry Statistics. Gitnux. https://gitnux.org/electrical-components-industry-statistics/#top-companies

report visual · Comparison

Revenue of the largest electrical components companies

Siemens leads with $85.2B in annual revenue (group level, converted to USD).

Siemens$85.2B
Schneider Electric$43.2B
Eaton$27.4B
Amphenol$23.1B
TE Connectivity$17.3B
TDK$16.8B
source-verifiedpress.siemens.com · se.com · eaton.com · amphenol.com · te.com · tdk.com2026

04 Statistics

Technology & Innovation

AI adoption data shows split between in-house development and external providers in 2024, with 33% strategy presence and 22.73% edge computing adoption.

AI in the electrical components industry

  • 8.8% of electrical industries companies using AI applied it to supply-chain management in 2024.[1]
  • 10.5% of electrical industries companies using AI applied it in finance in 2024.[1]
  • 26% of electrical industries businesses using AI developed their AI systems in-house in 2024.[1]
  • 13.5% of electrical industries companies using AI applied it to production processes in 2024.[1]
  • 40% of electrical industries businesses using AI obtained AI systems through external service providers in 2024.[1]
  • 17.0% of electrical industries companies using AI applied it to product or service design in 2024.[1]

Digital Transformation in the electronics and semiconductors sector (sector benchmark)

  • Across semiconductor companies surveyed globally, 56% reported that IT was fully aligned with transformation priorities in 2024.[2]
  • Across semiconductor companies surveyed globally, 75% reported having some automated processes in 2024.[2]
  • Across semiconductor companies surveyed globally, 12% reported fully automated processes supported by advanced analytics in 2024.[2]
  • Across the electronics industrial ecosystem, 33% of companies had a concrete digital-transformation strategy in 2024, based on an enterprise survey.[3]

Technology Adoption in the electronics and semiconductors sector (sector benchmark)

  • Across the electronics industrial ecosystem, 22.73% of companies had adopted edge computing in 2024.[4]
  • Across the electronics industrial ecosystem, 31.43% of companies had adopted artificial intelligence in 2024.[4]
  • Across EU enterprises, 59% reached at least a basic level of digital intensity in 2023, including 91% of large enterprises and 58% of SMEs.[5]
  • Across the electronics industrial ecosystem, 4.98% of companies had adopted robotics in 2024.[4]

Cloud Computing in the electronics and semiconductors sector (sector benchmark)

  • Across EU enterprises, 45.2% purchased cloud-computing services in 2023.[5]
  • Among EU small and medium-sized enterprises, 44% purchased cloud-computing services in 2023.[5]
  • Among large EU enterprises, 78% purchased cloud-computing services in 2023.[5]
  • Across the electronics industrial ecosystem, 26.89% of companies had adopted cloud computing in 2024.[4]

Big Data in the electronics and semiconductors sector (sector benchmark)

  • Among medium-sized EU enterprises, 21% carried out big-data analysis in 2020.[4]
  • Among large EU enterprises, 34% carried out big-data analysis in 2020.[4]
  • Across the electronics industrial ecosystem, 11.43% of companies had adopted big-data technologies in 2024.[4]
  • Across EU enterprises, 14% used big-data analysis in 2020, the latest comparable EU-wide figure reported by the European Commission.[4]
  • Among small EU enterprises, 13% carried out big-data analysis in 2020.[4]

IoT in the electronics and semiconductors sector (sector benchmark)

  • Among large EU enterprises, 48% used Internet of Things devices or systems in 2021.[5]
  • Among small EU enterprises, 26% used Internet of Things devices or systems in 2021.[5]
  • Across EU enterprises, 29% used Internet of Things devices or systems in 2021.[5]
  • Across the electronics industrial ecosystem, 34.72% of companies had adopted Internet of Things technologies in 2024.[4]

Innovation in the electrical components industry

  • $3.391 billion in domestic company-performed R&D was reported by U.S. electrical equipment, appliance and component manufacturers in 2012.[6]
  • $4.461 billion in domestic company-performed R&D was reported by U.S. electrical equipment, appliance and component manufacturers in 2014.[6]
  • $3.007 billion in domestic company-performed R&D was reported by U.S. electrical equipment, appliance and component manufacturers in 2011.[6]

05 Statistics

Data & Analytics

The data emphasis is on product-data classification and bill-of-material validation friction; Schneider Electric tracked 75 product lines, 402 strategic product families in 2024.

Business intelligence in the electrical components industry

  • 60% of Schneider Electric’s 2024 product turnover was represented by products with at least 14 environmental attributes.[7]
  • 46% of respondents in Eaton’s 2024 power-management survey used digital solutions to address energy and power-efficiency goals.[8]
  • 51% of respondents in Eaton’s 2024 power-management survey used digital solutions to optimize business processes and operations.[8]
  • 40% of respondents in Eaton’s 2024 power-management survey expressed concerns about data privacy or security.[8]
  • 8.5 billion data points are referenced by Eaton in describing digitalized power-management capabilities and connected electrical infrastructure.[8]
  • 90,000 Schneider Electric products had at least 14 environmental attributes available in 2024, supporting product and sustainability intelligence.[7]

Data analytics in the electrical components industry

  • 75 product lines, 402 strategic product families, 2,389 product families and 16,800 product groups were tracked in Schneider Electric’s product-information classification system in 2024.[7]
  • 35 environmental data points were available across Schneider Electric’s Environmental Data Program categories in 2025.[7]
  • 120,000 Schneider Electric commercial product references were available online with environmental data by the end of 2025.[7]
  • Approximately 50% of ABB research-and-development employees worked on digital and software development involving analytics and data-enabled electrical solutions.[9]
  • 30 environmental attributes were included in Schneider Electric’s enhanced product-data program, covering materials, energy efficiency and environmental footprint.[7]
  • 80% of Schneider Electric product turnover was represented by references with at least 14 environmental attributes at the end of 2025.[7]

Data Quality in the electronics and semiconductors sector (sector benchmark)

  • 60% of electronics-industry survey respondents manually pulled data for a sourcing event for two weeks or more in 2024, indicating substantial data-preparation effort.[10]
  • 70% of electronics-industry professionals manually validate and optimize bills of materials without real-time intelligence, according to a 2024 global survey.[10]
  • 49% of supply-management organizations rated their data quality as good or excellent in the 2024 Institute for Supply Management survey.[11]
  • 40% of manufacturing leaders, across sectors including electronics, said their organizations were falling behind competitively because they were not adopting automation requiring high-quality data in 2024.[12]
  • 98% of manufacturing leaders, including electronics-related industries, reported operational data problems in a 2024 survey of 500 respondents; global manufacturing scope.[12]
  • 46.4% of manufacturing organizations reported having a process to verify raw-data accuracy or quality before decisions were made, in a 2023 survey.[13]

Data Governance in the electronics and semiconductors sector (sector benchmark)

  • 56% of semiconductor companies reported full alignment between IT and transformation priorities in Deloitte’s survey, up from 37% in 2021; semiconductor-industry scope.[2]
  • 81% of supply-management data-governance functions were housed in a center of excellence in the 2024 Institute for Supply Management survey.[11]
  • 61% of supply-management organizations reported having a dedicated data-governance function in the 2024 Institute for Supply Management survey.[11]
  • 12% of semiconductor respondents reported fully automated processes with advanced analytics, a governance-relevant indicator of enterprise data integration, in the 2024 study.[2]
  • 54% of supply-management organizations reported giving data top priority, while 90% agreed that data governance was necessary, in a 2024 survey.[11]
  • 47% of supply-management organizations said their data-governance program was useful in the 2024 Institute for Supply Management survey.[11]

KPIs in the electrical components industry

  • 19% of Schneider Electric’s selected materials met superior environmental and social value criteria in 2025.[7]
  • 14 points was Schneider Electric’s increase in net satisfaction score between 2019 and 2023.[7]
  • 74% was Schneider Electric’s recyclable-content KPI for products in 2024.[7]
  • 60% of Schneider Electric’s 2024 product turnover was covered by products carrying at least 14 environmental attributes.[7]
  • 88% of Schneider Electric’s 2024 product turnover was covered by products carrying at least 10 environmental attributes.[7]
  • 80% of ABB products and solutions is the 2030 target for coverage by a Circularity Approach with lifecycle key performance indicators.[14]

06 Statistics

Strategy & Growth

Revenue movement and deal activity are visible together, including nVent’s revenue rise from $3.006 billion (2024) to $3.893 billion (2025) and the $1.75 billion Maverick Power acquisition.

Growth in the electrical components industry

  • RFI Industries’ custom-cabling sales increased to $26.062 million in fiscal 2025 from $17.986 million in fiscal 2024.[15]
  • Eaton’s Electrical Global revenue increased to $6.815 billion in 2025 from $6.248 billion in 2024.[15]
  • nVent’s total revenue increased from $3.006 billion in 2024 to $3.893 billion in 2025.[15]
  • Power Integrations’ 2025 international revenue rose to $436.6 million from $412.5 million in 2024.[15]
  • Eaton’s Electrical Americas revenue increased to $13.276 billion in 2025 from $11.436 billion in 2024.[15]
  • RFI Industries’ integrated-solutions sales increased to $29.566 million in fiscal 2025 from $21.006 million in fiscal 2024.[15]

Differentiation in the electrical components industry

  • Eaton’s Electrical Americas 2025 revenue comprised $3.205 billion from products and $10.070 billion from systems.[15]
  • ABB’s Electrification business generated $17.4 billion in 2025 revenue and employed approximately 53,400 people, supporting differentiation through a broad global solutions portfolio.[14]
  • Eaton’s Electrical Global 2025 revenue comprised $3.885 billion from products and $2.930 billion from systems.[15]
  • CTS Corporation generated $356.805 million from power solutions and protection, $232.286 million from connectivity solutions and $86.364 million from magnetic solutions in 2025.[15]
  • The covered electronic-components company reported fiscal-2025 gross margin of 61.5%, compared with 57.1% in fiscal 2024.[15]
  • nVent generated $2.593 billion from systems protection and $1.300 billion from electrical connections in 2025.[15]

Mergers and acquisitions in the electrical components industry

  • AMD acquired data-center networking company Pensando for $1.9 billion.[16]
  • Littelfuse completed its acquisition of Basler Electric Company on December 11, 2025.[15]
  • onsemi completed its acquisition of Qorvo’s silicon-carbide JFET business for $115 million in January 2025.[17]
  • Sverica Capital Management acquired Electronic Source Company in the North American PCB and EMS sector in October 2024.[18]
  • The 2024 global electronic-parts-and-equipment M&A market was essentially flat compared with 2023, according to PitchBook data cited by BMI Mergers & Acquisitions.[19]
  • Bain Capital completed the acquisition of Italian PCB manufacturer Somacis in 2024.[18]

Strategic partnerships in the electrical components industry

  • Power Integrations maintained wafer-manufacturing relationships with Lapis Semiconductor, Seiko Epson and X-FAB in 2025.[15]
  • Eaton’s Electrification division delivered products through a global network of channel partners in 2025.[14]
  • Arrow Electronics partnered with hundreds of original component manufacturers in 2025 as an authorized distributor extending suppliers’ market reach.[20]
  • Intel and Tata Group announced a strategic partnership covering semiconductor manufacturing and packaging for the Indian market in 2026.[21]
  • Netlist announced agreements with Samsung covering a strategic alliance, patent cross-license, memory-product supply and technology cooperation in 2026.[15]
  • Arrow Electronics said its Global Components business partnered with suppliers to serve thousands of customers in 2025.[20]

07 Statistics

People & Workforce

Work patterns show limited fully remote penetration and higher hybrid approval; 33% of U.S. employees had hybrid arrangements in 2025.

Remote Work in the electronics and semiconductors sector (sector benchmark)

  • Globally, 6% of surveyed employees were fully remote, working in the office fewer than one day per week, in 2025.[22]
  • Globally, employees averaged 3.74 days per week in the office in 2025, indicating limited fully remote work across surveyed organizations.[22]
  • In the United States, 33% of surveyed employees had a hybrid arrangement in 2025, defined as working in the office one to four days weekly.[22]
  • Across computer and electronics manufacturing, 12.4% of positions were fully remote in the United States in 2024.[23]

Hybrid Work in the electronics and semiconductors sector (sector benchmark)

  • Across manufacturing, 45% of surveyed employees had hybrid working arrangements in 2025, defined as one to four days per week in the office.[22]
  • Across computer and electronics manufacturing, 49.9% of positions were fully hybrid in the United States in 2024.[23]
  • Globally, 44% of surveyed employees had hybrid working arrangements in 2025, defined as one to four days per week in the office.[22]
  • Globally, 74% of respondents approved of fully flexible hybrid work policies in 2025.[22]

Employee Engagement in the electronics and semiconductors sector (sector benchmark)

  • 81.2 points was United Microelectronics Corporation’s 2025 overall work-engagement index, compared with a semiconductor-industry norm of 76 points.[24]
  • 65% of employees at Powerchip Semiconductor Manufacturing were actively engaged in 2025, based on an employee engagement survey covering the company’s workforce.[24]
  • 80% was Micron’s FY2024 employee engagement and satisfaction score from its global Micron Voice survey.[24]
  • 8.4 out of 10 was KLA’s 2025 annual employee-engagement survey result across its global semiconductor workforce.[24]
  • 78.9% was ASML’s 2025 employee engagement score, measured as a three-year rolling average across its global semiconductor-industry workforce.[25]

DEI in the electrical components industry

  • 39.19% of Taiwan’s electronics-industry workforce was female in 2023.[26]
  • 31.18% of the United States’ electronics-industry workforce was female in 2023.[26]
  • 44.60% of India’s electronics-industry workforce was female in 2023.[26]
  • 68.22% of Thailand’s electronics-industry workforce was female in 2023.[26]
  • 33.00% of Japan’s electronics-industry workforce was female in 2023.[26]

Change Management in the electronics and semiconductors sector (sector benchmark)

  • Across semiconductor companies worldwide, 49% said their transformation strategies had materially changed because of market dynamics, shifting objectives, or technology drivers in 2023.[27]
  • Across semiconductor companies worldwide, 50% of senior leaders said skills gaps and upskilling requirements were slowing AI deployment in 2025.[28]
  • Across semiconductor companies worldwide, 36% of senior leaders identified employee resistance to change as a negative cultural impact of AI integration in 2025.[28]
  • Across semiconductor companies worldwide, 46% of senior leaders said their organizations were investing in upskilling for AI-driven transformation in 2025.[28]
  • Across semiconductor companies worldwide, 30% of senior leaders said their organizations lacked a clear AI strategy in 2025.[28]

08 Statistics

Customer & Sales

Customer-information handling and sourcing constraints show up in sourcing workflows; 31% of decision-makers reported onboarding new suppliers without approved-vendor qualification during 2020.

Customer experience in the electrical components industry

  • 5 was the average Net Promoter Score for 12 electronics companies rated by 4,100 U.S. consumers in 2020.[29]
  • 56% of electronics suppliers and distributors used relatively immature customer-insight techniques based on hard-to-access data and simple segmentation in 2021.[30]
  • 2.4 out of 5 was the average customer-engagement maturity score for 180 global electronics suppliers and distributors surveyed in 2021.[30]
  • 40% of global electronics suppliers and distributors launched a customer-experience or e-commerce digital-transformation initiative in the previous year, based on a 2021 survey.[30]
  • 42% of electronics suppliers and distributors changed their sales organizations to support remote or inside sales in 2021.[30]

Customer retention in the electrical components industry

  • 89% of electronics-company promoters said they were likely to purchase more from the company, compared with 21% of detractors, in a 2020 U.S. consumer study.[29]
  • 4.2 times as likely were electronics-company promoters to purchase more from the company than detractors in 2020.[29]
  • 4.0 times as likely were electronics-company promoters to forgive a company mistake than detractors in 2020.[29]
  • 71% of electronics-company promoters said they would forgive the company after a mistake, compared with 18% of detractors, in a 2020 U.S. consumer study.[29]
  • 83% of electronics-company promoters said they trusted the company, compared with 20% of detractors, in a 2020 U.S. consumer study.[29]

Customer acquisition in the electrical components industry

  • 46% of electronics suppliers and distributors planned to maintain digital-advertising budgets in 2021.[30]
  • 42% of electronics suppliers and distributors reported changing their sales organization for remote or inside selling in 2021.[30]
  • 31% of electronics-component sourcing decision-makers said their companies onboarded new suppliers without approved-vendor qualification during 2020.[30]
  • 66% of electronics suppliers and distributors planned to maintain or increase digital-advertising budgets in 2021.[30]
  • 20% of electronics suppliers and distributors planned to increase digital-advertising budgets in 2021.[30]

Customer loyalty in the electrical components industry

  • 71% of electronics-company promoters said they would forgive the company after a mistake in 2020.[29]
  • 83% of electronics-company promoters said they trusted the company in 2020.[29]
  • 5 was the average NPS for electronics companies in a 2020 study of 4,100 U.S. electronics-company customers.[29]
  • 54% of electronics-company passives said they would purchase more from the company in 2020.[29]
  • 89% of electronics-company promoters said they would purchase more from the company in 2020.[29]

Lead generation in the electrical components industry

  • 81% of electronics-component sourcing decision-makers said sourcing applications prevented selection of optimal-cost options in 2020.[30]
  • 77% of electronics-component sourcing decision-makers said ERP and PLM systems did not fit their sourcing needs in 2020.[30]
  • 99% of electronics-component sourcing decision-makers reported direct benefits from early collaboration between engineering and sourcing teams in 2020.[30]
  • 91% of electronics-component sourcing decision-makers said more effective sourcing technology could help their companies grow faster in 2020.[30]
  • 85% of electronics-component sourcing decision-makers said their companies would benefit from earlier engineering-and-sourcing collaboration in 2020.[30]

09 Statistics

Marketing & Brand

Buying behavior is described alongside budget and tooling adoption, with 62% of technical buyers completing the buying process online before engaging a vendor in 2026.

Marketing in the electrical components industry

  • 20% of global electronics suppliers and distributors planned to increase digital-advertising budgets in 2021.[30]
  • 34% of global electronics suppliers and distributors planned to decrease digital-advertising budgets by 5% to 20% in 2021.[30]
  • 32% of global electronics suppliers and distributors spent less than 1% of revenue on marketing in 2021.[30]
  • 42% of global electronics suppliers and distributors changed sales organizations to support remote or inside selling in 2021.[30]
  • 66% of global electronics suppliers and distributors planned to maintain or increase digital-advertising budgets in 2021.[30]

Digital marketing in the electrical components industry

  • 18% of global electronics suppliers and distributors used modern marketing technology with marketing automation or real-time analytics in 2021.[30]
  • 10% of global electronics suppliers and distributors used robust marketing automation in 2021.[30]
  • 40% of global electronics suppliers and distributors launched a customer-experience or e-commerce digital-transformation initiative in the prior year, according to a 2021 survey.[30]
  • 48% of global electronics suppliers and distributors used multiple digital channels to engage target markets in 2021.[30]
  • 8% of global electronics suppliers and distributors used real-time analytics in marketing in 2021.[30]

Branding in the electrical components industry

  • 85% of technical buyers were willing to provide personal information for valuable technical content in 2026.[31]
  • 94% of technical buyers subscribed to newsletters in 2026.[31]
  • 53% of technical buyers said brand familiarity influenced their most recent purchase in 2026.[31]
  • 62% of technical buyers completed the buying process online before engaging with a vendor in 2026.[31]
  • 91% of technical buyers attended at least one work-related webinar during an average year in 2026.[31]

Social media in the electrical components industry

  • 13.91% of employees at ChargePoint shared company content in May 2024, the highest rate among organizations in the electrical and electronic manufacturing leaderboard.[32]
  • 40% of electrical-contracting professionals used YouTube for work-related purposes in 2021.[33]
  • 34% of electrical-contracting professionals used Facebook for work-related purposes in 2021.[33]
  • 74% of electrical-contracting professionals used social media for work-related purposes in 2021.[33]
  • 37% of electrical-contracting professionals used LinkedIn for work-related purposes in 2021.[33]

Influencer Marketing in the electronics and semiconductors sector (sector benchmark)

  • 88% of Snapchatters in Saudi Arabia consider creators’ social-media recommendations as trustworthy as recommendations from friends and family for electronics, in 2025.[34]
  • 5% of technology marketers globally reported dedicated but shrinking creator or influencer budgets in Nielsen’s 2026 survey.[35]
  • 27% of technology marketers globally reported dedicated but flat creator or influencer budgets in Nielsen’s 2026 survey.[35]
  • 93% of Snapchatters in Saudi Arabia follow influencers or creators specifically for electronics recommendations, according to a 2025 study.[34]
  • 64% of technology marketers globally reported dedicated and growing budgets for creator or influencer marketing in Nielsen’s 2026 survey.[35]

10 Statistics

Operations & Execution

Execution constraints include long lead times and measurable destructive-analysis failure rates; U.S. lead time for low-voltage switchgear was 54 weeks in August 2026.

Process optimization in the electrical components industry

  • 93.4 index points was U.S. labor productivity in electrical equipment, appliance and component manufacturing in 2025, down from 95.6 in 2024 (2017=100).[36]
  • 2.3% was the 2025 labor-productivity decline in U.S. other electrical equipment and components manufacturing (NAICS 3359).[37]
  • 4.4% was the 2025 labor-productivity increase in U.S. semiconductor and electronic-component manufacturing (NAICS 3344).[37]
  • 5.3% was the 2025 labor-productivity decline in U.S. electrical-equipment manufacturing (NAICS 3353).[37]

Operational efficiency in the electrical components industry

  • 108.6 index points was U.S. labor productivity in the electrical-equipment, appliance and component industry in 2022 (2017=100).[36]
  • 93.4 index points was U.S. labor productivity in electrical equipment, appliance and component manufacturing in 2025, measured as output per labor hour (2017=100).[36]
  • 105.9 index points was U.S. labor productivity in the electrical-equipment, appliance and component industry in 2021 (2017=100).[36]
  • 94.6 index points was U.S. labor productivity in the electrical-equipment, appliance and component industry in 2023 (2017=100).[36]

Quality management in the electrical components industry

  • 7% was the 2024 destructive-physical-analysis failure rate for connectors among analyzed electronic components.[38]
  • 18% was the 2024 destructive-physical-analysis failure rate for capacitors among analyzed electronic components.[38]
  • 77% of 2,908 electronic-component destructive physical analyses passed in 2024, while 17% failed and 6% required customer review.[38]
  • 12% was the 2024 destructive-physical-analysis failure rate for magnetics among analyzed electronic components.[38]
  • 31% was the 2024 destructive-physical-analysis failure rate for hybrid electronic components.[38]

Supply chain in the electrical components industry

  • 54 weeks was the U.S. lead time for low-voltage switchgear in August 2026.[39]
  • 27 weeks was the U.S. lead time for busduct or busway in August 2026.[39]
  • 94.0% was overall electronic-component stock availability in July 2026, up from 90.0% in June.[40]
  • 44 weeks was the U.S. lead time for medium-voltage switchgear in August 2026.[39]
  • 21–32 weeks was the U.S. lead-time range for panelboards in August 2026.[39]

Outsourcing / Offshoring in the electronics and semiconductors sector (sector benchmark)

  • China- and Taiwan-based outsourced semiconductor assembly and test providers commanded roughly 80% of the global OSAT market in 2022.[2]
  • Approximately 60% of global semiconductor assembly, test and packaging was outsourced in 2022, while under 2% was performed in the United States.[41]
  • Just 2.8% of foundational chips used by surveyed U.S. manufacturers came from Chinese-owned foundries in January 2024, although over two-thirds of respondents’ products contained at least one such chip.[42]
  • Over 80% of surveyed integrated device manufacturers used external production for some front-end fabrication in 2022, with foundries receiving an average 19.6% of product revenue.[41]
  • More than 75% of global semiconductor wafer-fab capacity was located in Asia in 2022, rising to 90% for assembly and testing.[2]

11 Statistics

Finance & Pricing

Pricing signals point to moderate movements by component type, while margins and investment scale are tracked via company figures and R&D-linked spend proxies.

Pricing strategy in the electrical components industry

  • 2.5% was the July 2026 price movement reported for frequency-control electronic components.[40]
  • 0.1% was the July 2026 price movement reported for battery components despite a 21.0% lead-time increase.[40]
  • 4.5% was the July 2026 price movement reported for capacitor components.[40]

Cost reduction in the electrical components industry

  • $623 million was TE Connectivity’s fiscal-2025 gross-margin improvement versus 2024, attributed primarily to higher volume and improved manufacturing productivity.[43]
  • 19.4% was Eaton’s 2025 operating margin, up from 18.4% in 2024.[8]
  • 35% was the share of discrete manufacturers reporting investment in automation in the 2025 manufacturing-industry survey.[44]
  • 18.4% was Eaton’s 2024 operating margin before it increased to 19.4% in 2025 amid operating and cost-management actions.[8]

Profitability in the electrical components industry

  • 18.6% was TE Connectivity’s fiscal-2025 operating margin.[15]
  • 35.2% was TE Connectivity’s fiscal-2025 gross margin on electrical and electronic connector products.[15]
  • 17.8% was Vishay’s combined passive-segment operating margin in fiscal 2025.[45]
  • 29.6% was Rogers Corporation’s advanced-electronics-segment gross margin in fiscal 2025.[45]
  • 22.7% was Vishay’s combined passive-segment gross margin in fiscal 2025.[45]

Financial planning in the electrical components industry

  • 35–50% of revenue was the 2025 capital-spending range reported for semiconductor foundries.[45]
  • $166 billion was estimated semiconductor-industry capital spending in 2025.[45]
  • Nearly $200 billion was projected semiconductor-industry capital spending for 2026.[45]
  • $700 million was Schneider Electric’s planned investment in U.S. operations through 2027, announced in 2025.[46]

12 Statistics

Product & Service

Product and service reporting ties engineering effort to measurable environmental and service coverage; Schneider Electric reported 4,000 certified partners in 2024.

Product development in the electrical components industry

  • $102.4 million was spent on research and development by Littelfuse in fiscal 2023 for electrical and electronic component product development.[47]
  • 800 people work in Hager Group research and development, focusing mainly on electromobility, smart-home technology and energy efficiency.[48]
  • Approximately 50% of ABB’s research-and-development employees work on digital and software development integrated into electrical products and systems.[9]
  • $106.9 million was spent on research and development by Littelfuse in fiscal 2025, supporting new electrical and electronic component products globally.[47]
  • NT$8 million was budgeted for 2026 MOSFET, power-discrete lead-frame and CPU/GPU vapor-chamber product development by ECE.[49]

Product lifecycle in the electrical components industry

  • 77% was Philips’ theoretical recyclability rate for products in 2024.[50]
  • 80% of ABB products and solutions are targeted to be covered by its Circularity Approach by 2030.[14]
  • 97% was Philips’ theoretical recyclability rate for packaging in 2024.[50]
  • 74% of Schneider Electric products’ content was recyclable in 2024, according to the company’s product-circularity methodology.[7]
  • 334,364 metric tonnes of primary resources had been avoided by Schneider Electric’s take-back and recycling initiatives since 2017.[7]

After-sales in the electrical components industry

  • More than $1.1 billion in revenue was generated by ABB Electrification Service in 2024.[51]
  • 14 points was Schneider Electric’s increase in net satisfaction score between 2019 and 2023, reflecting customer-service improvement.[7]
  • More than 1 million electricians were included in Schneider Electric’s global service and partner network in 2024.[7]
  • 4,000 certified partners supported Schneider Electric customers globally in 2024.[7]
  • More than 4,000 employees worked in ABB Electrification Service across more than 50 countries in 2024.[51]

Value proposition in the electrical components industry

  • 31 billion dollars or more is Eaton’s target for Electrical business sales in 2030, emphasizing digital power-management solutions and engineering services.[8]
  • 70% of new homebuyers sought smart-home features in Eaton’s 2025 electrical-installer research, supporting demand for intelligent electrical solutions.[8]
  • 26% of Eaton’s Electrical Americas and Electrical Global sales came from eight large electrical-products, systems and services customers in 2024.[8]
  • 19% of Schneider Electric’s selected materials had superior environmental and social value in 2025, supporting its sustainability-oriented product proposition.[7]
  • $25 billion was Eaton’s revenue in 2024, generated from power-management products, systems and services for customers in more than 160 countries.[8]

13 Statistics

Sustainability & Ethics

Sustainability measures include operational supplier impact and emissions avoidance; Schneider Electric reported 40% reduction in operational emissions achieved by top 1,000 suppliers by end of 2024.

Sustainability in the electrical components industry

  • 53.4 million people had gained access to clean and reliable electricity through Schneider Electric initiatives by the end of 2024.[7]
  • 90% of Schneider Electric sites in water-stressed areas had implemented water-conservation action plans in 2024.[7]
  • 159,280 tonnes of secondary or recycled components, intermediary products and materials were used by Schneider Electric in 2024.[7]
  • 87% of Schneider Electric’s North American electricity consumption came from renewable sources in 2024.[7]
  • 40% was the reduction in operational emissions achieved by Schneider Electric’s top 1,000 suppliers by the end of 2024.[7]

ESG in the electrical components industry

  • 7,690 companies across 62 industries were analyzed in S&P Global’s CSA referenced by LG Energy Solution in 2024.[52]
  • 22.6% of ABB’s senior-management roles were held by women in 2025.[9]
  • 19% of Schneider Electric’s material selection met its responsible-material criteria in 2025.[7]
  • LG Energy Solution ranked in the top 5% of electrical-components and equipment companies in S&P Global’s 2024 CSA.[52]

Ethics in the electrical components industry

  • 51% of electronics-sector companies did not disclose conflict-minerals policies or due-diligence measures in the analyzed sample.[53]
  • 4% of electronics-sector companies mentioned efforts to restrict or stop sourcing from regions involving state-imposed forced labor.[53]
  • 1 electronics-sector company disclosed measures addressing artisanal and small-scale mining in the analyzed sample.[53]
  • 4,348 Schneider Electric suppliers underwent on-site or remote vigilance assessments during 2021–2025.[7]
  • 3,000 additional Schneider Electric suppliers were assessed through remote self-declaration processes during 2021–2025.[7]

CSR in the electrical components industry

  • 87% of Schneider Electric’s North American electricity was renewable in 2024.[7]
  • 23 Zero CO2 sites were achieved by Schneider Electric in North America in 2024.[7]
  • 16.3% was the reduction in Schneider Electric’s North American energy consumption from 2021 to 2024.[7]
  • 679 million tonnes of CO2 emissions had been saved or avoided by Schneider Electric customers since 2018 by the end of 2024.[7]
  • 23 Schneider Electric North American sites were classified as Waste to Resource sites in 2024.[7]

Circular economy in the electrical components industry

  • 28% more low-carbon steel, aluminum and thermoplastics were used by Schneider Electric in manufacturing than in 2021.[54]
  • 100% of Schneider Electric packaging was targeted to use recycled cardboard and no single-use plastic under its 2021–2025 procurement framework.[7]
  • 120,000 Schneider Electric commercial references had environmental data available online at the end of 2025.[7]
  • 14 environmental attributes were available for at least Schneider Electric’s qualifying product references at the end of 2025.[7]

Carbon footprint in the electrical components industry

  • 2.0 million metric tons of CO2e were reported by the US electrical-equipment production and use sector in 2023.[55]
  • 4.3 million metric tons of CO2e were reported by the US electrical-equipment production and use sector in 2011.[55]
  • 98 facilities reported greenhouse-gas emissions in the US electrical-equipment production and use sector in 2023.[55]
  • 69% of US electrical equipment, appliances and components emissions were attributed to upstream Scope 3 in the 2018 DOE analysis.[56]
  • 0.1 million metric tons of CO2e were reported by US electrical-equipment manufacturers in 2023.[55]

15 Statistics

Globalization & Expansion

Regional revenue dispersion shows where demand and production channels concentrate; Eaton’s 2025 net sales include $17.122 billion from the United States.

Globalization in the electrical components industry

  • $3.158 billion of nVent’s 2025 electrical-connections and systems-protection revenue came from the Americas, versus $587.3 million from EMEA and $147.5 million from Asia-Pacific.[15]
  • $17.122 billion of Eaton’s 2025 net sales came from the United States, compared with $5.078 billion from Europe and $2.704 billion from Asia Pacific.[15]
  • $5.360 billion was Sensata Technologies’ 2025 revenue across the Americas, EMEA and Asia-Pacific.[15]
  • $27.448 billion was Eaton’s electrical and industrial components revenue across the United States, Canada, Latin America, Europe and Asia Pacific in 2025.[15]
  • $436.6 million was Power Integrations’ international revenue in 2025, up from $412.5 million in 2024.[15]

Supplier management in the electrical components industry

  • Littelfuse operated across three supplier-linked geographic regions in 2025: the Americas, Asia-Pacific and Europe.[15]
  • Littelfuse completed its acquisition of the Dortmund wafer fabrication facility in fiscal 2025 to strengthen its power-semiconductor supply chain.[15]
  • Arrow Electronics said it worked with hundreds of component suppliers and thousands of customers in its 2025 strategy overview.[20]
  • Microchip stated that its products were available from several suppliers and that it generally relied on more than one supplier for each item in 2025.[15]
  • Three foundries manufactured the vast majority of Power Integrations’ silicon wafers in 2025: Lapis Semiconductor, Seiko Epson and X-FAB Semiconductor Foundries.[15]

Distribution channels in the electrical components industry

  • Littelfuse sold products worldwide in 2025 through distributors, a direct sales force and manufacturers’ representatives in certain regions.[15]
  • $304.6 million of Power Integrations’ 2025 sales were made to distributors, with the remainder sold directly to OEMs and power-supply manufacturers.[15]
  • Arrow Electronics expected nearly $21 billion in Global Components sales for fiscal 2025, with Asia as its largest regional business.[20]
  • Eaton sold electrical products in 2025 through distributors, resellers, manufacturers’ representatives and direct sales to OEMs, utilities and other end users.[15]
  • $496.643 million of the covered electrical-components company’s 2025 sales were direct to customers, while $178.812 million came through distribution.[15]

Key questions about the electrical components industry

What is the 2026 market size for the global electro industry?
The global electro industry is forecast to reach €6.2 trillion in 2026.
How fast is the electro market expected to grow into 2026?
ZVEI forecasts €5.9 trillion in 2025 and €6.2 trillion in 2026, implying approximately 5% growth in 2026.
Which companies lead the electrical components industry?
Amphenol leads Gitnux's 2026 electrical components ranking with an Overall score of 9.3, driven by operating margin 25.4% and R&D 2.8% of revenue. Schneider Electric is the highest-ranked energy distribution and automation systems provider at 9.1, with R&D at 5.6% of revenue and operating margin 18.7%.
Which technology shifts show up in the data for 2024?
Across the electronics industrial ecosystem, 31.43% of companies adopted artificial intelligence in 2024, and 26.89% adopted cloud computing in 2024.
How is industry production distributed by region?
Asia generated €4.133 trillion, or 74% of global electro-industry production, in 2023, with Europe at 14% and the Americas at 11%.
What does the data center segment imply for demand of electrical products?
About 94% of Maverick Power’s products acquired by nVent in 2026 served data centers.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Samuel Norberg. (2026, November 11). Electrical Components Industry Statistics. Gitnux. https://gitnux.org/electrical-components-industry-statistics
MLA
Samuel Norberg. "Electrical Components Industry Statistics." Gitnux, 11 Nov 2026, https://gitnux.org/electrical-components-industry-statistics.
Chicago
Samuel Norberg. 2026. "Electrical Components Industry Statistics." Gitnux. https://gitnux.org/electrical-components-industry-statistics.