INDUSTRIAL EQUIPMENT
Electrification
World's Most Productive Companies
Electrification Leaders: Powering Long-Term Productivity
The Electrification Companies peer group comprises companies that manufacture technologies enabling, distributing, and managing electrical power across residential, commercial, and industrial applications. Their products encompass power distribution systems, electrical components, enclosures, and energy management solutions, playing a pivotal role in the global transition toward electrification, grid modernization, and enhanced energy efficiency. These companies are critical enablers of the clean energy economy, supporting the expansion of renewables, electric vehicles, and data center infrastructure worldwide.
The Electrification Companies peer group has delivered some of the strongest productivity gains in this industry, with 30.2% growth over the past 20 years. These improvements have been fueled by surging demand for power management, grid modernization, and energy-efficient infrastructure, alongside investments in digital platforms and smart electrical systems. However, productivity declined by 4% last year, reflecting the normalization of the supply chain and slower capital project activity after several years of exceptional growth.
Top 100 World's Most Productive Companies - Electrification
Productivity Snapshot
Eaton and Hubbell stand out as the world’s most productive companies in the Electrification peer group, each benefiting from strong execution and strategic alignment with global energy trends. Eaton’s focus on intelligent power management and electrified infrastructure, combined with Hubbell’s leadership in grid modernization and connectivity solutions, has driven exceptional efficiency gains and positioned both firms at the forefront of the global electrification movement.
