© Nationale Statistische Länder / ZVEI

The ZVEI's global electrical market forecast:
The global electrical market grew by 6% to €4,223 billion last year 2017. "We expect growth of 5% and 4% for 2018 and 2019," predicts Dr. Gontermann. The Asian market (+6% and +5%) is expected to grow faster than the American (+5% and +4%) and European (+4% and +3%) markets.