About Distribution Boards
A distribution board is the key electrical supply system for any commercial or residential entity. The main cable comes into the distribution board and then via breakers get distributed in the secondary circuits such as plugs and lights. For optimal performance of every device, it is necessary to maintain a proper power distribution and is crucial for appliance and home safety. Distribution boards are duly fitted with DIN rail, BS bars, and neutral links.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 6.7% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that German Manufacturers will contribute the maximum growth to Global Distribution Boards market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), NHP Electrical Engineering Products (Australia), Legrand (France), Omran Holding Group (Oman), Hager (Germany), ESL Power Systems (United States), Arabian Gulf Switchgear (United Arab Emirates) and Siemens (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Larsen & Toubro (India), Finolex (India), Bill Tech (India) and Salzer Electronics Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Distribution Boards market by Type (Single Door Distribution Board and Double Door Distribution Board), Application (Transmission & Distribution Utilities, Manufacturing & Process Industries and Commercial & Residential Infrastructure) and Region.
On the basis of geography, the market of Distribution Boards has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Voltage, the sub-segment i.e. High Voltage Distribution Boards will boost the Distribution Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Protection of Electrical Devices & Network Components, Increasing Construction & Infrastructural Activities and Increasing Access to Electricity
Challenges:
Delays in Grid Expansion Projects
Restraints:
Product Failures May Hinder the Growth of the Market
Opportunities:
Growth in Renewable Power Generation, Adaption of Smart Grid Technology and Aging Power Infrastructure
Market Leaders and their expansionary development strategies
In January 2020, SiemensSiemens Ltd. (India) has acquire New Delhi-based C&S Electric Limited. The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens’ position as a key supplier of low-voltage power distribution and electrical installation technology in one of the world’s fastest-growing economies.
In November 2023, ABB has launched Protecta Power panel board supporting flexible power distribution. Integrates the latest digital monitoring and control technology while enhancing safety and durability
Key Target Audience
Distribution Board Manufacturers, Sub Component Manufacturers, Distribution Board Traders/Distributors, Distribution Board Importer/Exporter, Potential Technology Investors, Regulatory & Government Bodies, Industry Associations, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.