Press release
Distribution Panel Market Growth by Top Key Players Eaton Corporation, General Electric, ABB, Siemens, Schneider Electric, Larsen & Toubro, Legrand, Hager, Abunayyan Holding, Alfanar Group
Distribution Panel Market
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Leading Key Players in Distribution Panel Market are: Eaton Corporation, General Electric, ABB, Siemens, Schneider Electric, Larsen & Toubro, Legrand, Hager, NHP Electrical Engineering Products, Industrial Electric Mfg, ESL Power Systems, Arabian Gulf Switchgear, Abunayyan Holding, Alfanar Group, EAMFCO, BA`AMER ELECTRIC, Hawa Electric Panel Board Factory (HAWA-EBPF), Meba Electric Co. Ltd, Norelco
France distribution panel market is set to exceed USD 160 million by 2024. Legislative mandates toward the deployment of energy efficient systems will stimulate the business growth. As per the National Energy Efficiency Action Plan, the policymakers in the country are targeting to decrease the consumption of current building structures by 38% by 2020.
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China distribution panel market is set to witness high growth on account of growing demand of electricity coupled with government stringent targets. The Government of China introduced an ambitious plan to allocate USD 530 billion towards the smart grid network development, where USD 18 billion will be dedicated to strengthening the distribution capabilities.
Commercial distribution panel market is predicted to surpass over USD 1 billion by 2024. Rapidly growing service industries coupled with stringent measures toward energy conservation will positively impact the product penetration.
Growth Drivers OF Distribution Panel Market
o Positive outlook toward real estate sector
o Increasing electricity access
o Ongoing investments toward rural electrification
Egypt distribution panel market is set to expand over 7% owing to growing demand for continuous and reliable electricity along with government measures to expand existing distribution infrastructure. In 2016, Egyptian Electricity Holding invested USD 220 million for the consolidation of power distribution network.
Argentina distribution panel market is expected to witness steep progression on account of growing investments across the country's real estate industry. In 2016, as per the Government of Argentina, over 2000 property sales were registered every month irrespective of having population of 3 million.
Table of content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Distribution panel industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Voltage trends
2.1.3. Mounting trends
2.1.4. End use trends
2.1.5. Regional trends
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