Distribution Board Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hager Group, Legrand, Siemens AG, ABB, Schneider Electric, Eaton, General Electric

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Distribution Board Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.7% during the review period (2022 to 2027).

Distribution Board Market Overview

The global distribution board market growth is driven by aspects such as the growing need to protect electrical components and networks, growing global electricity demand, followed by other aspects like the subsequent investments in renewable power plants and growing construction and infrastructural activities across the globe. The functional market is segmented by voltage rating, end-user, and region to meet the increasing needs of the global target audience.

Additional, the prominence of growing energy demands from the industries and rapid infrastructure development in the energy sector are likely to drive the distribution board market during the continuous period that ends in 2027. However, the market trends suggest that delays in implementing the distribution projects are anticipated to restrain the distribution board market expansion in the global market.

Due to the growing number of renewable energy installations that require a distribution board for the safety of various electric equipment, the power utilities segment is anticipated to be the largest growing segment for the distribution board market during the forecast period 2022-2027.The new technology of smart distribution boards, which enable to pinpoint overloads and inefficiencies proactively, and make informed decisions that improve operational efficiency, will likely create numerous opportunities for the market in the future.

Industry Development:

January 7, 2021:ABB India has launched Formula DIN-Rail, a complete range of Miniature Circuit Breakers (MCBs), Residual Current Circuit Breakers (RCCBs) and Isolators for the electrical retail market which is estimated to be worth 250 million USD in India.

Who are the Major Players in Distribution Board Market?

The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Hager Group, Legrand, Siemens AG, ABB, Schneider Electric, Eaton, General Electric, LARSEN & TOUBRO LIMITED, Havells India Ltd, East Coast Power Systems, INDUSTRIAL ELECTRIC MFG, Arabian Gulf Switchgear, OEZ, ESL Power Systems, INDU-ELECTRIC Gerber GmbH, Blakley Electrics and others.

What are the major Applications, Types and Regions for Distribution Board Market?

Distribution Board Market is segmented based on the voltage , applications, End users, companies and regions.

Global Distribution Board Market, by Voltage

• Low Voltage


• Medium Voltage

Global Distribution Board Market, by End user

• Transmission & Distribution Utilities


• Manufacturing & Process Industries


• Commercial & Residential Infrastructure


• Others, including Marine, Mining, Offshore, Transportation, and Power Generation

Distribution Board Market Regional Analysis

Asia Pacific dominated the global distribution board market in previous year. The distribution board market in the region is anticipated to expand at a substantial pace during the forecast period 2022-2027. Growth in construction and manufacturing sectors, and important increase in oil and gas exploration and production activities are expected to drive the distribution board market in Asia Pacific during the forecast period. China controls the distribution board market in Asia Pacific. The Government of China has implemented various favorable policies to reduce the down payment of loans on second-owned houses. The government has also exempted sales tax on residential housing. This has facilitated the recovery of the commercial housing sector in the country. These factors are likely to boost the market in Asia Pacific during the forecast period.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Distribution Board Market report scope?

Key Takeaways from this Distribution Board Report

• Evaluate Distribution Board market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Distribution Board market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Distribution Board market.

Frequently Asked Questions

What is the study period of this market?

The Distribution Board Market is studied from 2017 - 2027.

What is the growth rate of Distribution Board Market?

The Distribution Board Market is growing at a CAGR of 6.7% over the next 5 years.

Who are the leading key players in Distribution Board Market?

Hager Group, Legrand, Siemens AG, ABB, Schneider Electric, Eaton, General Electric, LARSEN & TOUBRO LIMITED, Havells India Ltd, East Coast Power Systems, INDUSTRIAL ELECTRIC MFG, Arabian Gulf Switchgear, OEZ, ESL Power Systems, INDU-ELECTRIC Gerber GmbH, Blakley Electrics

What regions regions does this Distribution Board Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant Types of Distribution Board Market?

Low Voltage, Medium Voltage

What are the significant Application of Distribution Board Market?

Transmission & Distribution Utilities, Manufacturing & Process Industries, Commercial & Residential Infrastructure, Others, including Marine, Mining, Offshore, Transportation, and Power Generation

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.