Global Power Distribution Component Market Growth (Status and Outlook) 2023-2029

Global Power Distribution Component Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Power Distribution Component Industry Forecast” looks at past sales and reviews total world Power Distribution Component sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Distribution Component sales for 2023 through 2029. With Power Distribution Component sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Distribution Component industry.

This Insight Report provides a comprehensive analysis of the global Power Distribution Component landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Distribution Component portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Distribution Component market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Distribution Component and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Distribution Component.

The global Power Distribution Component market size is projected to grow from US$ 77160 million in 2022 to US$ 98350 million in 2029; it is expected to grow at a CAGR of 3.5% from 2023 to 2029.

United States market for Power Distribution Component is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Power Distribution Component is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Power Distribution Component is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Power Distribution Component players cover General Electric, ABB Limited, Eaton Corporation, Schneider Electric, Siemens, Hitachi Limited, Powell Industries, Hubbell Power Systems and Fuji Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Distribution Component market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Switchgear
Switchboard
Distribution Panel
Motor Control Panels
Others

Segmentation by application
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
ABB Limited
Eaton Corporation
Schneider Electric
Siemens
Hitachi Limited
Powell Industries
Hubbell Power Systems
Fuji Electric
L&T Electrical and Automation
E + I Engineering Ltd.
Lucy Electric UK Ltd.
Al Hassan Engineering Co. S.A.O.G.
START Electrical Switchgear Assembly LLC.
Norelco Oy
Skema S.p.A.
Mitsubishi Electric Corporation
Rittal GmbH & Co., KG
Hyundai Electric & Energy Systems
Hyosung Corporation
Crompton Greaves

Please note: The report will take approximately 2 business days to prepare and deliver.