The Distribution Panel market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
Selbyville, DE -- (SBWIRE) -- 10/12/2018 -- Market Study Report adds a new Distribution Panel Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.
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
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.
Distribution Panel Market will exceed USD 7 billion by 2024, according to a new research report.
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Egypt distribution panel market is projected to witness gain of over 7% by 2024. Government measure to strengthen ageing distribution infrastructure along with growing demand for reliable and continuous electricity will complement the business growth. In 2016, Egyptian Electricity Holding Co. allocated USD 220 million towards the consolidation of the country's power distribution network.
Argentina distribution panel market will witness strong growth due to rising investments across country's real estate industry. According to Government of Argentina, in 2016 over 2000/month property sales were registered regardless of having population of 3 million.
Government measures toward rural electrification along with growing adoption of distributed generation systems will stimulate the distribution board market. As per the recent study conducted by the World Bank over 15% of the global population lacks continuous or direct access to electric grid. In 2016, International Energy Agency stated that over USD 718 billion investment is required to achieve 100% percent electrification across the globe. Ambitious electrification targets with ongoing funding will positively influence the business landscape.
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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.
Table of Content:
Chapter 1. Methodology and Scope
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
Chapter 2. Executive Summary
2.1. Distribution panel industry 360 degree 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
Chapter 3. Distribution Panel Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation & sustainability
3.5. Regulatory landscape
3.6. Industry impact forces
3.6.1. Growth drivers
220.127.116.11. Positive outlook toward real estate sector
18.104.22.168. Increasing electricity access
22.214.171.124. Ongoing investments toward rural electrification
3.6.2. Industry pitfalls & challenges
126.96.36.199. Volatile raw material prices
3.7. Growth potential analysis
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