Global Distribution Boards Market Forecast 2023-2030| Will Escalate Rapidly In The Future With Top Leading Players

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Global Distribution Boards Market Was Valued At USD 5.48 Billion In 2021 And Is Expected To Reach USD 8.92 Billion By The Year 2028, At A CAGR Of 7.2%.

Market Overview:

The main power source, commonly referred to as a switchboard or control panel, is a distribution board. Its primary function is to distribute the power supply to various separate circuits. The distributor and other wires are connected to the main cable. They're dispersed in plugs and lights. The distribution board's primary function is to distribute the power supply to the various circuits of the structure or business park. Security is currently of utmost importance, particularly when it comes to wires and connections in homes and businesses.

Key Players Covered in Distribution Boards market:

Eaton, ABB, Schneider Electric, NHP Electrical Engineering Products Pty Ltd, Legrand, Omran Holding Group, General Electric, IEM, S. J. Controls, ESL, Ap Power Technologies, LynTec, SDK Power Tech, East Coast Power Systems AL MINA and other major players.

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Segmentation of Distribution Boards Market

By Voltage, Medium voltage is the dominating segment in the Distribution Boards Market. Medium voltage distribution boards are the most Widley used switchgear in commercial and industrial applications. Medium voltage switchgear offers indoor and outdoor applications with a variety of boards such as medium voltage Gas-insulated switchgear, Metal-enclosed switchgear, Pad-mounted switchgear, Vault, or subsurface switchgear, and arc resistant switchgear.

  • Low Voltage
  • Medium Voltage
  • High Voltage

By End User, Commercial and residential infrastructure is the dominating in the end-user segment of distribution boards market. Distribution boards are essential; parts of the electrical system of any building which required electricity distribution to power various units all over the building. Residential distribution boards allow low and medium-voltage load and distribute via circuit breakers to various parts of the home.

  • Transmission Distribution Utilities
  • Manufacturing Process Industries
  • Commercial Residential Infrastructure
  • Others

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Regional Analysis of Distribution Boards Market

The Asia Pacific region dominated the global distribution board market. The distribution board market in the region is expected to grow significantly during the forecast period. Growth in the construction and manufacturing sector, as well as significant increases in oil and gas exploration and production activities, are expected to drive the distribution board market in the Asia Pacific region over the forecast period. China dominates the distribution board market in the Asia Pacific region.

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Developments of Distribution Boards Market

October 2020, ABB announced System pro-E® energy range of sub-distribution boards, which provide superior reliability, flexibility and significantly decreases assembly time by 40 percent The System pro E® energy range offers commercial and industrial applications with  to install, flexible and safe applications that can integrate all types electrical devices to build distribution panels up to 800A

February 2018, Fast Moving Electrical Goods (FMEG) leader Havells India Limited made a presence in northern India: Punjab, Jammu Kashmir, and Himachal Pradesh with the introduction of innovative switchgear products such as distribution boards and ACCL and circuit breaker (MCB / RCCB)

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