分電盤市場調査レポート情報 電圧タイプ別(低圧および中圧)、エンドユーザー別(送電および配電事業、製造および加工産業、商業および住宅部門)、地域別(北米、ヨーロッパ、アジア太平洋、および世界のその他の地域) – 2032年までの市場予測
ID: MRFR/E&P/2306-HCR | 188 Pages | Author: Priya Nagrale| August 2025
As per Market Research Future Analysis, the Global Distribution Boards Market was valued at USD 4.78 Billion in 2023 and is projected to grow to USD 7.86 Billion by 2032, with a CAGR of 5.59% from 2024 to 2032. Key drivers include increased demand for electrical network protection, urbanization, and investments in renewable energy. The market is characterized by a shift towards smart grid systems and digital circuit breakers, enhancing operational efficiency. However, challenges such as product recalls and competition from alternative products may hinder growth.
The Distribution Boards market is witnessing significant growth driven by various factors.
Key players include General Electric Inc., Havells India Limited, Siemens AG, and Schneider Electric.
Attribute/Metric | Details |
Market Size 2023 | USD 4.78 Billion |
Market Size 2024 | USD 5.09 Billion |
Market Size 2032 | USD 7.86 Billion |
Compound Annual Growth Rate (CAGR) | 5.59% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018- 2022 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Voltage Type, End User, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered | The US, Canada, German, France, UK, Italy, China, Japan, Spain, India, Australia, South Korea, and Brazil |
Key Companies Profiled | General Electric Inc., Havells India Limited, Lewden Palazzoli, Sterlite Power Transmission Ltd., Siemens AG, Larsen & Toubro Limited, Blakley Electrics, Legrand, ESL Power Station |
Key Market Opportunities | The new project launches, aging power infrastructure, and rising R&D activities. |
Key Market Dynamics | Increased demand for protecting the devices and rising urbanization globally. |
Frequently Asked Questions (FAQ):
The Distribution Boards market size was valued at USD 4.78 Billion in 2023.
The market is foreseen to grow at a CAGR of 5.59% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in market are General Electric Inc., Havells India Limited, Lewden Palazzoli, Sterlite Power Transmission Ltd., Siemens AG, Larsen & Toubro Limited, Blakley Electrics, Legrand, and ESL Power Station.
The medium voltage category dominated the market in 2022.
The transmission & distribution utilities had the largest share in the market.
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