Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#22 In EuropeBusiness
#26 In EuropeEmployees
#28 In EuropeWages
#21 In EuropeThe Electrical Equipment Manufacturing in Norway ranks 22nd in Europe with regards to its 2024 revenue (€2.5bn). Revenue received by operators in Norway has been low in volatility over the past five-year period, with the average annual change in revenue (8.7 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Electrical Equipment Manufacturing industry in Norway in 2024?
The market size of the Electrical Equipment Manufacturing industry in Norway is €2.5bn in 2024.
How many businesses are there in the Electrical Equipment Manufacturing in Norway industry in 2024?
There are 270 businesses in the Electrical Equipment Manufacturing industry in Norway, which has declined at a CAGR of 2.9 % between 2019 and 2024.
Has the Electrical Equipment Manufacturing industry in Norway grown or declined over the past 5 years?
The market size of the Electrical Equipment Manufacturing industry in Norway has been declining at a CAGR of 8.7 % between 2019 and 2024.
What is the forecast growth of the Electrical Equipment Manufacturing industry in Norway over the next 5 years?
Over the next five years, the Electrical Equipment Manufacturing industry in Norway is expected to grow.
What does the Electrical Equipment Manufacturing in Norway include?
Electric motors, generators, transformers and electricity distribution and control apparatus and Batteries and accumulators are part of the Electrical Equipment Manufacturing industry.
How competitive is the Electrical Equipment Manufacturing industry in Norway?
The level of competition is moderate and steady in the Electrical Equipment Manufacturing industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Electric Utilities in Norway
- Building Construction in Norway
- Electrical, Plumbing and Other Construction Installation in Norway
- Electrical Installation in Norway
- Household Textiles, Hardware, Carpets, Appliance & Furniture Retailers in Norway
- Household Electrical Appliance & Furniture Retailers in Norway
- Household Appliance & Garden Equipment Repair in Norway
Table of Contents
About this industry
Industry definition
This industry manufactures generators and other product which distribute and use electrical power. Also included is the manufacture of electrical lighting, signalling equipment, wires (including fibre optic) and electric household appliances.
What's included in this industry?
Electric motors, generators, transformers and electricity distribution and control apparatusBatteries and accumulatorsFbre optic cablesOther electronic and electric wires and cablesElectric lighting equipmentDomestic appliancesOther electrical equipmentIndustry Code
27 - Manufacture of electrical equipment in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Electrical Equipment Manufacturing in Norway
- Employees in the Electrical Equipment Manufacturing in Norway
- Business in the Electrical Equipment Manufacturing in Norway
- Profit in the Electrical Equipment Manufacturing in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Electrical Equipment Manufacturing in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Electrical Equipment Manufacturing in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
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