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Distribution Panel Market Forecast to 2024 in a Newly Released Report Profiling GE, Siemens, Eaton, Hager, NHP Electrical Engineering, ABB, Industrial Electric Mfg, ESL Power Systems

11-14-2018 05:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

Distribution Panel

Distribution Panel

MarketStudyReport.com Adds New Distribution Panel Market report evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017 – 2024.

France distribution board market is predicted to surpass USD 160 million by 2024. Strict government mandates toward installation of energy efficient systems will further complement the industry outlook. As per the country's National Energy Efficiency Action Plan, policymakers are targeting to reduce consumption of existing building structures by 38% by 2020.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/797216/

Notable players across the distribution panel market include Legrand, GE, Siemens, Eaton, Hager, NHP Electrical Engineering, ABB, Industrial Electric Mfg, ESL Power Systems, Larsen & Toubro, Schneider Electric, Arabian Gulf Switchgear, and Abunayyan Holding.

A vertical fundamentally driven by the burgeoning power grid sector, the distribution panel market is poised to garner substantial revenue over the years ahead owing to enormous funds being directed toward overhauling the aging grid infrastructure and distribution networks. The swift pace of technological advancements and rising inclination toward clean energy have been instrumental in propelling the demand for energy-efficient distribution panels. The dire need to optimize power transmission and energy utilization would assist distribution panel industry to register steady growth rate in the ensuing years.

Distribution Panel Market will exceed USD 7 billion by 2024, according to a new research report. Growing measures to cater the electricity demand supply mismatch will drive the distribution panel market. Over the past two decades there has been significant upsurge in the electricity consumption. As per IEA global consumption has expanded from 6,799 TWh in 1980 to 20,775 TWh in 2015. This in turn is anticipated to have substantial impact in the industry outlook.

Commercial distribution panel market is expected to reach over USD 1 billion by 2024. Rapidly expanding service industries along with strict measure toward energy conservation will stimulate the product demand.
Egypt distribution panel market is projected to witness gain of over 7% by 2024.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/797216/

China distribution panel market is predicted to witness steep progression owing to growing electricity demand. The Government of China has laid down its ambitious plan to invest USD 530 billion towards the development of smart grid network under which USD 18 billion will be used to enhance the distribution capabilities.

Table of Content:

Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Distribution Panel Industry Insights
Chapter 4. Distribution Panel Market, By Voltage
Chapter 5. Distribution Panel Market, By Mounting
Chapter 6. Distribution Panel Market, By End Use
Chapter 7. Distribution Panel Market, By Region
Chapter 8. Company Profiles

For More Details on this Report At: https://www.marketstudyreport.com/reports/distribution-panel-market

Related Report:

Middle East Distribution Panel Market Share & Forecast, 2018 - 2024

Middle East Distribution Panel Market will exceed USD 440 million by 2024. Ongoing funding activities toward the upgradation of the existing transmission & distribution infrastructure coupled with the need of efficient and reliable power supply will foster the industry growth.

https://www.marketstudyreport.com/reports/middle-east-distribution-panel-market/?utm_source=RR-PSR

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