About Cabinet Power Distribution
Power distribution cabinet or feeder cabinet is a device equipped with various components like a circuit breaker, CT, PT, isolating knife, etc. that supplies and redistributes energy to the equipment or consumer. It is widely used for industrial applications to protect machinery or equipment in case of failure or abnormal operations. Rapidly growing industrialization and increasing energy demand across the globe due to the adoption of machinery or equipment to improve productivity and reduce operational costs will boost the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Cabinet Power Distribution 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.
Siemens (Germany), ABB Limited (Switzerland), Schneider Electric (France), Eaton Corporation (Ireland), Delta Power Solutions (Taiwan), Belden (United States), C&C POWER INC. (United States), Electroalfa (Romania), Norelco Oy (Finland), Sobem-Scame (France) and Liebert Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Cabinet Power Distribution market by , Application (Commercial, Industrial and Utility) and Region.
On the basis of geography, the market of Cabinet Power Distribution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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. Low will boost the Cabinet Power Distribution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Aluminum will boost the Cabinet Power Distribution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Curreent, the sub-segment i.e. Up to 300 A will boost the Cabinet Power Distribution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Low Voltage Power Distribution Cabinets Due to Decentralization Concept for Low-Voltage Electricity Infrastructure
Market Growth Drivers:
Increasing Automation, Adoption of Robots, and Installation of Digital Devices in Various Industries and Increasing Energy Demand and Rapidly Growing renewable Energy Sector
Challenges:
Intense Competition Due to Availability of large Number of Global Players
Restraints:
High Cost Associated with some Power Distribution Cabinets
Opportunities:
Surging Demand of Power Distribution Cabinet in the Data Centers to Improve Efficiency and Uptime
Market Leaders and their expansionary development strategies
In January 2022, Power management company Eaton acquired of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. The acquisition will expand growth opportunities.
In November 2023, ABB launched Protecta Power panel board supporting flexible power distribution.Protecta Power panel board is designed for commercial, industrial, and institutional buildings and Integrates the latest digital monitoring and control technology while enhancing safety and durability
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Power Distribution Cabinet Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, 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.