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The Electrical Equipment Manufacturing industry in North Macedonia has a market size of €344.6m in 2026 with annual revenue growth of 13.6 %. 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.
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IBISWorld's research coverage on the Electrical Equipment Manufacturing industry in North Macedonia includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.
The Electrical Equipment Manufacturing industry in North Macedonia operates under the industry code MK-C27. 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. Related terms covered in the Electrical Equipment Manufacturing industry in North Macedonia include transformer, circuit breaker, smart meter and electric motor.
Products and services covered in Electrical Equipment Manufacturing industry in North Macedonia include .
The Electrical Equipment Manufacturing industry in North Macedonia is highly fragmented with no companies holding a market share greater than 5%.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Electrical Equipment Manufacturing industry in North Macedonia.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Electrical Equipment Manufacturing industry in North Macedonia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Electrical Equipment Manufacturing industry in North Macedonia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Electrical Equipment Manufacturing industry in North Macedonia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
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Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Electrical Equipment Manufacturing industry in North Macedonia.
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The market size of the Electrical Equipment Manufacturing industry in North Macedonia is €344.6m in 2026.
There are 120 businesses in the Electrical Equipment Manufacturing industry in North Macedonia, which has grown at a CAGR of 1.5 % between 2020 and 2025.
The market size of the Electrical Equipment Manufacturing industry in North Macedonia has been growing at a CAGR of 12.2 % between 2020 and 2025.
Over the next five years, the Electrical Equipment Manufacturing industry in North Macedonia is expected to grow.
Electric motors, generators, transformers and electricity distribution and control apparatus and Batteries and accumulators are part of the Electrical Equipment Manufacturing industry in North Macedonia.
The level of competition is very low and decreasing in the Electrical Equipment Manufacturing industry in North Macedonia.