Distribution Boards Market Insights and Growth by 2031
The distribution board is an assembly of fuses or miniature circuit breakers (MCBs) arranged for the distribution of electricity to final circuits as well as other distribution boards. It is the main electrical supply system for industrial and residential entities. It facilitates the drawing of power by individual circuits from circuit-breakers, which can be individually isolated when needed, without disrupting the rest of the power supply. Besides, the distribution board protects the circuits and electrical equipment with the help of a protective fuse or circuit breaker for each circuit within a common enclosure.
MARKET DYNAMICS
The distribution boards market is anticipated to grow in the forecast period owing to the increasing construction activities coupled with the growing necessity for protection of electrical devices and network components. Rising penetration of electricity in developing regions is another factor expected to fuel the growth of distribution boards market. However, market growth is negatively impacted due to product failures. On the other hand, the distribution boards market is likely to showcase significant opportunities with the adoption of smart grid technology and refurbishment of power infrastructure during the forecast period.
MARKET SCOPE
The "Global Distribution Boards Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of distribution boards market with detailed market segmentation by voltage type, end-use and geography. The global distribution boards market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading distribution boards market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global distribution boards market is segmented on the basis of voltage type and end-use. Based on voltage type, the market is segmented as low voltage distribution boards and medium voltage distribution boards. On the basis of the end-use, the market is segmented as transmission & distribution utilities, manufacturing & processing industry, commercial & residential sector and others. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global distribution boards market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The distribution boards market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting distribution boards market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the distribution boards market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global distribution boards market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The distribution boards market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting distribution boards market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the distribution boards market in these regions.
MARKET PLAYERS
The reports cover key developments in the distribution boards market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from distribution boards market are anticipated to lucrative growth opportunities in the future with the rising demand for distribution boards in the global market. Below mentioned is the list of few companies engaged in the distribution boards market.
The report also includes the profiles of key distribution boards companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Group
- Arabian Gulf Switchgear (AGS)
- Eaton Corporation
- ESL Power Systems, Inc.
- Hager Group
- Larsen & Toubro Limited
- Legrand
- NHP Electrical Engineering Products Pty Ltd
- Schneider Electric
- Siemens AG
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Distribution Boards Market - By Voltage Type
1.3.2 Distribution Boards Market - By End-Use
1.3.3 Distribution Boards Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DISTRIBUTION BOARDS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DISTRIBUTION BOARDS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DISTRIBUTION BOARDS MARKET - GLOBAL MARKET ANALYSIS
6.1. DISTRIBUTION BOARDS - GLOBAL MARKET OVERVIEW
6.2. DISTRIBUTION BOARDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DISTRIBUTION BOARDS MARKET - REVENUE AND FORECASTS TO 2028 - VOLTAGE TYPE
7.1. OVERVIEW
7.2. VOLTAGE TYPE MARKET FORECASTS AND ANALYSIS
7.3. LOW VOLTAGE DISTRIBUTION BOARDS
7.3.1. Overview
7.3.2. Low Voltage Distribution Boards Market Forecast and Analysis
7.4. MEDIUM VOLTAGE DISTRIBUTION BOARDS
7.4.1. Overview
7.4.2. Medium Voltage Distribution Boards Market Forecast and Analysis
8. DISTRIBUTION BOARDS MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
8.1. OVERVIEW
8.2. END-USE MARKET FORECASTS AND ANALYSIS
8.3. TRANSMISSION AND DISTRIBUTION UTILITIES
8.3.1. Overview
8.3.2. Transmission and Distribution Utilities Market Forecast and Analysis
8.4. MANUFACTURING AND PROCESSING INDUSTRY
8.4.1. Overview
8.4.2. Manufacturing and Processing Industry Market Forecast and Analysis
8.5. COMMERCIAL AND RESIDENTIAL SECTOR
8.5.1. Overview
8.5.2. Commercial and Residential Sector Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. DISTRIBUTION BOARDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Distribution Boards Market Overview
9.1.2 North America Distribution Boards Market Forecasts and Analysis
9.1.3 North America Distribution Boards Market Forecasts and Analysis - By Voltage Type
9.1.4 North America Distribution Boards Market Forecasts and Analysis - By End-Use
9.1.5 North America Distribution Boards Market Forecasts and Analysis - By Countries
9.1.5.1 United States Distribution Boards Market
9.1.5.1.1 United States Distribution Boards Market by Voltage Type
9.1.5.1.2 United States Distribution Boards Market by End-Use
9.1.5.2 Canada Distribution Boards Market
9.1.5.2.1 Canada Distribution Boards Market by Voltage Type
9.1.5.2.2 Canada Distribution Boards Market by End-Use
9.1.5.3 Mexico Distribution Boards Market
9.1.5.3.1 Mexico Distribution Boards Market by Voltage Type
9.1.5.3.2 Mexico Distribution Boards Market by End-Use
9.2. EUROPE
9.2.1 Europe Distribution Boards Market Overview
9.2.2 Europe Distribution Boards Market Forecasts and Analysis
9.2.3 Europe Distribution Boards Market Forecasts and Analysis - By Voltage Type
9.2.4 Europe Distribution Boards Market Forecasts and Analysis - By End-Use
9.2.5 Europe Distribution Boards Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Distribution Boards Market
9.2.5.1.1 Germany Distribution Boards Market by Voltage Type
9.2.5.1.2 Germany Distribution Boards Market by End-Use
9.2.5.2 France Distribution Boards Market
9.2.5.2.1 France Distribution Boards Market by Voltage Type
9.2.5.2.2 France Distribution Boards Market by End-Use
9.2.5.3 Italy Distribution Boards Market
9.2.5.3.1 Italy Distribution Boards Market by Voltage Type
9.2.5.3.2 Italy Distribution Boards Market by End-Use
9.2.5.4 United Kingdom Distribution Boards Market
9.2.5.4.1 United Kingdom Distribution Boards Market by Voltage Type
9.2.5.4.2 United Kingdom Distribution Boards Market by End-Use
9.2.5.5 Russia Distribution Boards Market
9.2.5.5.1 Russia Distribution Boards Market by Voltage Type
9.2.5.5.2 Russia Distribution Boards Market by End-Use
9.2.5.6 Rest of Europe Distribution Boards Market
9.2.5.6.1 Rest of Europe Distribution Boards Market by Voltage Type
9.2.5.6.2 Rest of Europe Distribution Boards Market by End-Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Distribution Boards Market Overview
9.3.2 Asia-Pacific Distribution Boards Market Forecasts and Analysis
9.3.3 Asia-Pacific Distribution Boards Market Forecasts and Analysis - By Voltage Type
9.3.4 Asia-Pacific Distribution Boards Market Forecasts and Analysis - By End-Use
9.3.5 Asia-Pacific Distribution Boards Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Distribution Boards Market
9.3.5.1.1 Australia Distribution Boards Market by Voltage Type
9.3.5.1.2 Australia Distribution Boards Market by End-Use
9.3.5.2 China Distribution Boards Market
9.3.5.2.1 China Distribution Boards Market by Voltage Type
9.3.5.2.2 China Distribution Boards Market by End-Use
9.3.5.3 India Distribution Boards Market
9.3.5.3.1 India Distribution Boards Market by Voltage Type
9.3.5.3.2 India Distribution Boards Market by End-Use
9.3.5.4 Japan Distribution Boards Market
9.3.5.4.1 Japan Distribution Boards Market by Voltage Type
9.3.5.4.2 Japan Distribution Boards Market by End-Use
9.3.5.5 South Korea Distribution Boards Market
9.3.5.5.1 South Korea Distribution Boards Market by Voltage Type
9.3.5.5.2 South Korea Distribution Boards Market by End-Use
9.3.5.6 Rest of Asia-Pacific Distribution Boards Market
9.3.5.6.1 Rest of Asia-Pacific Distribution Boards Market by Voltage Type
9.3.5.6.2 Rest of Asia-Pacific Distribution Boards Market by End-Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Distribution Boards Market Overview
9.4.2 Middle East and Africa Distribution Boards Market Forecasts and Analysis
9.4.3 Middle East and Africa Distribution Boards Market Forecasts and Analysis - By Voltage Type
9.4.4 Middle East and Africa Distribution Boards Market Forecasts and Analysis - By End-Use
9.4.5 Middle East and Africa Distribution Boards Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Distribution Boards Market
9.4.5.1.1 South Africa Distribution Boards Market by Voltage Type
9.4.5.1.2 South Africa Distribution Boards Market by End-Use
9.4.5.2 Saudi Arabia Distribution Boards Market
9.4.5.2.1 Saudi Arabia Distribution Boards Market by Voltage Type
9.4.5.2.2 Saudi Arabia Distribution Boards Market by End-Use
9.4.5.3 U.A.E Distribution Boards Market
9.4.5.3.1 U.A.E Distribution Boards Market by Voltage Type
9.4.5.3.2 U.A.E Distribution Boards Market by End-Use
9.4.5.4 Rest of Middle East and Africa Distribution Boards Market
9.4.5.4.1 Rest of Middle East and Africa Distribution Boards Market by Voltage Type
9.4.5.4.2 Rest of Middle East and Africa Distribution Boards Market by End-Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Distribution Boards Market Overview
9.5.2 South and Central America Distribution Boards Market Forecasts and Analysis
9.5.3 South and Central America Distribution Boards Market Forecasts and Analysis - By Voltage Type
9.5.4 South and Central America Distribution Boards Market Forecasts and Analysis - By End-Use
9.5.5 South and Central America Distribution Boards Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Distribution Boards Market
9.5.5.1.1 Brazil Distribution Boards Market by Voltage Type
9.5.5.1.2 Brazil Distribution Boards Market by End-Use
9.5.5.2 Argentina Distribution Boards Market
9.5.5.2.1 Argentina Distribution Boards Market by Voltage Type
9.5.5.2.2 Argentina Distribution Boards Market by End-Use
9.5.5.3 Rest of South and Central America Distribution Boards Market
9.5.5.3.1 Rest of South and Central America Distribution Boards Market by Voltage Type
9.5.5.3.2 Rest of South and Central America Distribution Boards Market by End-Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DISTRIBUTION BOARDS MARKET, KEY COMPANY PROFILES
11.1. ABB GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARABIAN GULF SWITCHGEAR (AGS)
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ESL POWER SYSTEMS, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HAGER GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LARSEN AND TOUBRO LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LEGRAND
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NHP ELECTRICAL ENGINEERING PRODUCTS PTY LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHNEIDER ELECTRIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SIEMENS AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.ABB Group
2.Arabian Gulf Switchgear (AGS)
3.Eaton Corporation
4.ESL Power Systems, Inc.
5.Hager Group
6.Larsen and Toubro Limited
7.Legrand
8.NHP Electrical Engineering Products Pty Ltd
9.Schneider Electric
10.Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.