$9.23 Billion Worldwide Distribution Board Market to 2027 - Impact of COVID-19 on the Industry - ResearchAndMarkets.com

DUBLIN--()--The "Distribution Board - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Distribution Board market accounted for $5.21 billion in 2019 and is expected to reach $9.23 billion by 2027 growing at a CAGR of 7.4% during the forecast period.

Increasing access to electricity and growing construction & infrastructural activities are the major factors propelling market growth. However, factor such as product failures is hampering market growth.

A distribution board is also known as electric panel breaker panel or panel board. It is a characteristic of a power supply composition that segments an electrical power feed into supplementary circuits, although providing a protective fuse or circuit breaker for every circuit in a extensive field. Typically, in new boards, a main switch and additional residual current breakers with over current protection (RCBO) are also integrated. Distribution boards are normally used on provisional electrical installations.

Based on the end user, the transmission & distribution utilities segment is estimated to have a lucrative growth due to the accounted for the largest share of the total market. Substations are a crucial element of any grid system, and require high-level protection to ensure the stability of the system. The increasing electricity access across the world would result in an increase in the number of substations, which would in turn, raise the demand for distribution boards.

By geography, Asia Pacific is likely to have a huge demand due to lot of factors like the initiatives which have been taking place because of the effectual smart grid, industrialization, higher investments and urbanization in the upgrading of distribution and transmission infrastructure, energy efficiency measures and the renewable projects.

Companies Mentioned

  • ABB Limited
  • Arabian Gulf Switchgear
  • East Coast Power Systems Limited
  • Eaton Corporation PLC.
  • ESL Power Systems
  • General Electric
  • Hager
  • Industrial Electric Mfg. (IEM)
  • Larsen & Toubro
  • Legrand
  • NHP Electrical Engineering Products Pty Ltd.
  • Schneider Electric
  • Siemens AG

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company Profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 End User Analysis

3.7 Emerging Markets

3.8 Impact of COVID-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Distribution Board Market, By Distribution Board

5.1 Introduction

5.2 Medium Voltage

5.3 Low Voltage

6 Global Distribution Board Market, By End-User

6.1 Introduction

6.2 Commercial & Residential Infrastructure

6.3 Manufacturing & Process Industries

6.4 Transmission & Distribution Utilities

6.5 Other End Users

6.5.1 Power Generation

6.5.2 Transportation

6.5.3 Offshore

6.5.4 Mining

6.5.5 Marine

7 Global Distribution Board Market, By Geography

7.1 Introduction

7.2 North America

7.3 Europe

7.4 Asia Pacific

7.5 South America

7.6 Middle East & Africa

8 Key Developments

8.1 Agreements, Partnerships, Collaborations and Joint Ventures

8.2 Acquisitions & Mergers

8.3 New Product Launch

8.4 Expansions

8.5 Other Key Strategies

9 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/rju00v

Contacts

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Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900