With the rapid technology upgradations, electrical and electronics sectors are growing globally. Generally, these businesses are easy to start. Also, these are very lucrative business opportunities for the electrical engineers. However, any individual having experience and knowledge can start a business in this field. In this video, I put 10 chosen electrical and electronics business ideas for your ready reference.
The worldwide electrical and electronic industry is the most flourishing and extremely diversified sector. Furthermore, it consists manufacturers, suppliers, dealers, retailers, electrical engineers, electricians, electronic equipment manufacturers, and trade unions. In addition, United States, Japan, and Korea are the top three electrical and electronic goods manufacturing country in the world. The United States of America is the largest producer of electronic products in the world, contributing a total share of around 21%. Furthermore, it also occupies the largest market share with about 29% in the global market.
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