The global distribution boards market is estimated to record a market size of USD 4.33 Billion in 2016 and is projected to grow at a CAGR of 6.4% from 2016 to 2021, to reach USD 5.91 Billion by 2021. Market growth is driven by factors such as the growing need to protect electrical components and networks, increasing global electricity demand, subsequent investments in renewable power plants, and increasing construction and infrastructural activities across the globe.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the electric distribution boards market including ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (France), and Eaton Corporation (Ireland). These players are trying to penetrate developing economies and are adopting various methods to increase their market share.
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Scope of the Report:
·
By Voltage Rating
o Low Voltage
o Medium Voltage
·
By End-User
o Transmission &
Distribution Utilities
o Manufacturing & Process
Industries
o Commercial & Residential
Infrastructure
o Others, including Marine,
Mining, Offshore, Transportation, and Power Generation
·
By Region
o Asia-Pacific
o North America
o South America
o Europe
o Middle East & Africa
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Research Methodology
·
Analysis of key operational and upcoming
electric distribution board projects across the globe, along with voltage
ratings
·
Analysis of country-wise electrification rates
for the past 3 years
·
Analysis of grid upgrades and integration
across various regions
·
Analysis of power infrastructure projects and
trends related to construction and infrastructural activities across various
regions
·
Estimation of the installation cost of
distribution boards in various regions using cost variance models
·
Estimation of the total market size of
distribution boards using the market engineering process
·
Analysis of market trends in various
regions/countries according to current power distribution spending in
respective regions/countries
·
Overall market size values have been
finalized using the supply-side data, which includes recent market developments
and annual global sales of distribution boards
The ecosystem of the distribution boards market is often categorized into in-house and outsourced tasks. In-house activities mainly focus on critical aspects and components of a product, while the required auxiliary parts are usually outsourced. The basic components of the power distribution board are manufactured during this stage; these include the contacts and the tripping mechanism. The components are then assembled according to the required specification during the assembly stage. All parts are configured before the final packaging of the product. The product is introduced in the market through the process of distribution, marketing, and sales.
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Target Audience:
·
Distribution board manufacturers, dealers,
and suppliers
·
Transmission & distribution utilities
·
State and national regulatory authorities
·
Power generation plants
·
Consulting companies and associations in the
energy & power sector
·
Government and research organizations
·
Energy associations
·
Investment banks
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