The global power distribution component market size is expected to reach around US$ 164.38 billion by 2030 from US$ 102.10 billion in 2020 and is expected to grow at an impressive double-digit rate of 6.1% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global power distribution component market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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Crucial factors accountable for market growth are:
- Increase in demand for effective T&D control systems.
- Rapid urbanization and industrialization in the developing economies foster the market growth.
- Rise in demand for refurbishment of prevailing electrical setup coupled with regulatory & fiscal restructuring across the industrial sector.
- Government interest and heavy investment in developing efficient energy distribution infrastructure
Report Highlights
- The distribution panels & circuit breakers component segment is expected to lead the market with largest revenue share in the upcoming years
- The fixed mount Configuration type segment of the Power Distribution Component Market is estimated to lead the market with remarkable market share in 2020
- The < 11kV voltage rating type segment accounted largest revenue share in 2020
- The indoor Installation type segment of the market is estimated to lead the market with significant revenue share in 2020
- By Geography, North America holds a significant share in 2020 in the market in terms of revenue share because of the Government investment for developing long-distance distribution networks & refurbishment of domestic electric infrastructure.
Scope of the Power Distribution Component Market
Report Highlights | Details |
Market Size in 2020 | USD 102.10 billion |
Growth Rate From 2021 to 2030 | CAGR of 6.1% |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Why should you invest in this report?
If you are aiming to enter the global power distribution component market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for power distribution component are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Regional Snapshots
North America leads the power distribution component market contributing US$ xx in 2020 and will continue to grow remarkably in the upcoming years owing to the heavy Government investments in developing refurbishment of domestic electric infrastructure and long-distance distribution networks. For instance, On 3rd February 2021, GE Power Conversion and BLP Industry.AI have signed a Memorandum of Understanding (MOU) whereby the parties have agreed to work together to provide next generation AI technology and asset performance management solutions to help wind farm operators to maximize their asset availability and reliability. The technical expertise of GE Power Conversion’s Engineering Design Centre (EDC), in Chennai, India, will support, through software and analytics, the Asset Performance Management solutions for sector specific applications in marine, metals and renewable, etc., globally.
Some of the prominent players in the global power distribution component market includeABB, Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell, Fuji Electric, L&T, E+I Engineering, Lucy Electric, Al Hassan Engineering, START, Norelco, Skema, Mitsubishi, Rittal, Hyundai, Hyosung, and CG.
Market Segmentation:
By Product
- Switchgear
- Switchboard
- Distribution panel
- Motor control panels
- Others
By Configuration
- Fixed mounting
- Plug-in
- Withdrawable
By Insulation
- Air
- Gas
- Oil
- Vacuum
- Others
By Installation
- Indoor
- Outdoor
By Voltage Rating
- < 11 kV
- 11 kV to 33 kV
- > 33 kV to 66 kV
- > 66 kV to 132 kV
By Current
- AC
- DC
By Application
- Residential
- Commercial
- Industrial
Regional Analysis:
The geographical analysis of the global power distribution component market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global power distribution component Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global power distribution component market in 2030?
- What is the expected CAGR for the power distribution component market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global power distribution component market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Application Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Power Distribution Component Market
5.1. COVID-19 Landscape: Power Distribution Component Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Power Distribution Component Market, By Product Type
8.1. Power Distribution Component Market, by Product Type, 2021-2030
8.1.1. Switchgear
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Switchboard
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Distribution panel
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Motor control panels
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Power Distribution Component Market, By Configuration Type
9.1. Power Distribution Component Market, by Configuration Type, 2021-2030
9.1.1. Fixed mounting
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Plug-in
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Withdrawable
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Power Distribution Component Market, By Insulation Type
10.1. Power Distribution Component Market, by Insulation Type, 2021-2030
10.1.1. Air
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Gas
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Oil
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Vacuum
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Power Distribution Component Market, By Installation Type
11.1. Power Distribution Component Market, by Installation Type, 2021-2030
11.1.1. Indoor
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Outdoor
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Power Distribution Component Market, By Voltage Rating
12.1. Power Distribution Component Market, by Voltage Rating, 2021-2030
12.1.1. < 11 kV
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. 11 kV to 33 kV
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. > 33 kV to 66 kV
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. > 66 kV to 132 kV
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Power Distribution Component Market, By Application
13.1. Power Distribution Component Market, by Configuration Type, 2021-2030
13.1.1. Residential
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Commercial
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. Industrial
13.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Power Distribution Component Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.1.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.1.4. Market Revenue and Forecast, by Installation (2017-2030)
14.1.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.1.6. Market Revenue and Forecast, by Application (2017-2030)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.7.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.1.7.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.1.7.4. Market Revenue and Forecast, by Installation (2017-2030)
14.1.8. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.1.8.1. Market Revenue and Forecast, by Application (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.9.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Installation (2017-2030)
14.1.10. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.1.11. Market Revenue and Forecast, by Application (2017-2030)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.2.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.2.4. Market Revenue and Forecast, by Installation (2017-2030)
14.2.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.2.6. Market Revenue and Forecast, by Application (2017-2030)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.8.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.2.9. Market Revenue and Forecast, by Installation (2017-2030)
14.2.10. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.2.10.1. Market Revenue and Forecast, by Application (2017-2030)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.11.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.2.12. Market Revenue and Forecast, by Installation (2017-2030)
14.2.13. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.2.14. Market Revenue and Forecast, by Application (2017-2030)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.15.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.2.15.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.2.15.4. Market Revenue and Forecast, by Installation (2017-2030)
14.2.16. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.2.16.1. Market Revenue and Forecast, by Application (2017-2030)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.17.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.2.17.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.2.17.4. Market Revenue and Forecast, by Installation (2017-2030)
14.2.18. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.2.18.1. Market Revenue and Forecast, by Application (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.3.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.3.4. Market Revenue and Forecast, by Installation (2017-2030)
14.3.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.3.6. Market Revenue and Forecast, by Application (2017-2030)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.7.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.3.7.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.3.7.4. Market Revenue and Forecast, by Installation (2017-2030)
14.3.8. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.3.9. Market Revenue and Forecast, by Application (2017-2030)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.10.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Installation (2017-2030)
14.3.11. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.3.11.1. Market Revenue and Forecast, by Application (2017-2030)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.12.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.3.12.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.3.12.4. Market Revenue and Forecast, by Installation (2017-2030)
14.3.12.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.3.12.6. Market Revenue and Forecast, by Application (2017-2030)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.13.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.3.13.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.3.13.4. Market Revenue and Forecast, by Installation (2017-2030)
14.3.13.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.3.13.6. Market Revenue and Forecast, by Application (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.4.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.4.4. Market Revenue and Forecast, by Installation (2017-2030)
14.4.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.4.6. Market Revenue and Forecast, by Application (2017-2030)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.7.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.4.7.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.4.7.4. Market Revenue and Forecast, by Installation (2017-2030)
14.4.8. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.4.9. Market Revenue and Forecast, by Application (2017-2030)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.10.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Installation (2017-2030)
14.4.11. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.4.12. Market Revenue and Forecast, by Application (2017-2030)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.13.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.4.13.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.4.13.4. Market Revenue and Forecast, by Installation (2017-2030)
14.4.13.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.4.13.6. Market Revenue and Forecast, by Application (2017-2030)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.14.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.4.14.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.4.14.4. Market Revenue and Forecast, by Installation (2017-2030)
14.4.14.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.4.14.6. Market Revenue and Forecast, by Application (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.5.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.5.4. Market Revenue and Forecast, by Installation (2017-2030)
14.5.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.5.6. Market Revenue and Forecast, by Application (2017-2030)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.7.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.5.7.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.5.7.4. Market Revenue and Forecast, by Installation (2017-2030)
14.5.8. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.5.8.1. Market Revenue and Forecast, by Application (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.9.2. Market Revenue and Forecast, by Configuration (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Insulation (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Installation (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Voltage Rating (2017-2030)
14.5.9.6. Market Revenue and Forecast, by Application (2017-2030)
Chapter 15. Company Profiles
15.1. GE
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. ABB
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Eaton
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Schneider
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Siemens
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Hitachi
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Powell
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Hubbell
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Fuji Electric
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. L&T
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
15.11. E+I Engineering
15.11.1. Company Overview
15.11.2. Product Offerings
15.11.3. Financial Performance
15.11.4. Recent Initiatives
15.12. Lucy Electric
15.12.1. Company Overview
15.12.2. Product Offerings
15.12.3. Financial Performance
15.12.4. Recent Initiatives
15.13. Al Hassan Engineering
15.13.1. Company Overview
15.13.2. Product Offerings
15.13.3. Financial Performance
15.13.4. Recent Initiatives
15.14. START
15.14.1. Company Overview
15.14.2. Product Offerings
15.14.3. Financial Performance
15.14.4. Recent Initiatives
15.15. Norelco
15.15.1. Company Overview
15.15.2. Product Offerings
15.15.3. Financial Performance
15.15.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
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