The global Power Distribution Component market was valued at US$ 78880 million in 2023 and is anticipated to reach US$ 102780 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
North American market for Power Distribution Component is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Power Distribution Component is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Power Distribution Component in Indoor is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Power Distribution Component include General Electric, ABB Limited, Eaton Corporation, Schneider Electric, Siemens, Hitachi Limited, Powell Industries, Hubbell Power Systems and Fuji Electric, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Power Distribution Component, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Distribution Component.
Report Scope
The Power Distribution Component market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Power Distribution Component market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Distribution Component companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Switchgear
Switchboard
Distribution Panel
Motor Control Panels
Others
Segment by Application
Indoor
Outdoor
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Power Distribution Component companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Power Distribution Component Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Switchgear
1.2.3 Switchboard
1.2.4 Distribution Panel
1.2.5 Motor Control Panels
1.2.6 Others
1.3 Market by Application
1.3.1 Global Power Distribution Component Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Indoor
1.3.3 Outdoor
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Power Distribution Component Market Perspective (2019-2030)
2.2 Power Distribution Component Growth Trends by Region
2.2.1 Global Power Distribution Component Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Power Distribution Component Historic Market Size by Region (2019-2024)
2.2.3 Power Distribution Component Forecasted Market Size by Region (2025-2030)
2.3 Power Distribution Component Market Dynamics
2.3.1 Power Distribution Component Industry Trends
2.3.2 Power Distribution Component Market Drivers
2.3.3 Power Distribution Component Market Challenges
2.3.4 Power Distribution Component Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Power Distribution Component Players by Revenue
3.1.1 Global Top Power Distribution Component Players by Revenue (2019-2024)
3.1.2 Global Power Distribution Component Revenue Market Share by Players (2019-2024)
3.2 Global Power Distribution Component Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Power Distribution Component Revenue
3.4 Global Power Distribution Component Market Concentration Ratio
3.4.1 Global Power Distribution Component Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Power Distribution Component Revenue in 2023
3.5 Power Distribution Component Key Players Head office and Area Served
3.6 Key Players Power Distribution Component Product Solution and Service
3.7 Date of Enter into Power Distribution Component Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Power Distribution Component Breakdown Data by Type
4.1 Global Power Distribution Component Historic Market Size by Type (2019-2024)
4.2 Global Power Distribution Component Forecasted Market Size by Type (2025-2030)
5 Power Distribution Component Breakdown Data by Application
5.1 Global Power Distribution Component Historic Market Size by Application (2019-2024)
5.2 Global Power Distribution Component Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Power Distribution Component Market Size (2019-2030)
6.2 North America Power Distribution Component Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Power Distribution Component Market Size by Country (2019-2024)
6.4 North America Power Distribution Component Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Power Distribution Component Market Size (2019-2030)
7.2 Europe Power Distribution Component Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Power Distribution Component Market Size by Country (2019-2024)
7.4 Europe Power Distribution Component Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Power Distribution Component Market Size (2019-2030)
8.2 Asia-Pacific Power Distribution Component Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Power Distribution Component Market Size by Region (2019-2024)
8.4 Asia-Pacific Power Distribution Component Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Power Distribution Component Market Size (2019-2030)
9.2 Latin America Power Distribution Component Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Power Distribution Component Market Size by Country (2019-2024)
9.4 Latin America Power Distribution Component Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Power Distribution Component Market Size (2019-2030)
10.2 Middle East & Africa Power Distribution Component Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Power Distribution Component Market Size by Country (2019-2024)
10.4 Middle East & Africa Power Distribution Component Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Detail
11.1.2 General Electric Business Overview
11.1.3 General Electric Power Distribution Component Introduction
11.1.4 General Electric Revenue in Power Distribution Component Business (2019-2024)
11.1.5 General Electric Recent Development
11.2 ABB Limited
11.2.1 ABB Limited Company Detail
11.2.2 ABB Limited Business Overview
11.2.3 ABB Limited Power Distribution Component Introduction
11.2.4 ABB Limited Revenue in Power Distribution Component Business (2019-2024)
11.2.5 ABB Limited Recent Development
11.3 Eaton Corporation
11.3.1 Eaton Corporation Company Detail
11.3.2 Eaton Corporation Business Overview
11.3.3 Eaton Corporation Power Distribution Component Introduction
11.3.4 Eaton Corporation Revenue in Power Distribution Component Business (2019-2024)
11.3.5 Eaton Corporation Recent Development
11.4 Schneider Electric
11.4.1 Schneider Electric Company Detail
11.4.2 Schneider Electric Business Overview
11.4.3 Schneider Electric Power Distribution Component Introduction
11.4.4 Schneider Electric Revenue in Power Distribution Component Business (2019-2024)
11.4.5 Schneider Electric Recent Development
11.5 Siemens
11.5.1 Siemens Company Detail
11.5.2 Siemens Business Overview
11.5.3 Siemens Power Distribution Component Introduction
11.5.4 Siemens Revenue in Power Distribution Component Business (2019-2024)
11.5.5 Siemens Recent Development
11.6 Hitachi Limited
11.6.1 Hitachi Limited Company Detail
11.6.2 Hitachi Limited Business Overview
11.6.3 Hitachi Limited Power Distribution Component Introduction
11.6.4 Hitachi Limited Revenue in Power Distribution Component Business (2019-2024)
11.6.5 Hitachi Limited Recent Development
11.7 Powell Industries
11.7.1 Powell Industries Company Detail
11.7.2 Powell Industries Business Overview
11.7.3 Powell Industries Power Distribution Component Introduction
11.7.4 Powell Industries Revenue in Power Distribution Component Business (2019-2024)
11.7.5 Powell Industries Recent Development
11.8 Hubbell Power Systems
11.8.1 Hubbell Power Systems Company Detail
11.8.2 Hubbell Power Systems Business Overview
11.8.3 Hubbell Power Systems Power Distribution Component Introduction
11.8.4 Hubbell Power Systems Revenue in Power Distribution Component Business (2019-2024)
11.8.5 Hubbell Power Systems Recent Development
11.9 Fuji Electric
11.9.1 Fuji Electric Company Detail
11.9.2 Fuji Electric Business Overview
11.9.3 Fuji Electric Power Distribution Component Introduction
11.9.4 Fuji Electric Revenue in Power Distribution Component Business (2019-2024)
11.9.5 Fuji Electric Recent Development
11.10 L&T Electrical and Automation
11.10.1 L&T Electrical and Automation Company Detail
11.10.2 L&T Electrical and Automation Business Overview
11.10.3 L&T Electrical and Automation Power Distribution Component Introduction
11.10.4 L&T Electrical and Automation Revenue in Power Distribution Component Business (2019-2024)
11.10.5 L&T Electrical and Automation Recent Development
11.11 E + I Engineering Ltd.
11.11.1 E + I Engineering Ltd. Company Detail
11.11.2 E + I Engineering Ltd. Business Overview
11.11.3 E + I Engineering Ltd. Power Distribution Component Introduction
11.11.4 E + I Engineering Ltd. Revenue in Power Distribution Component Business (2019-2024)
11.11.5 E + I Engineering Ltd. Recent Development
11.12 Lucy Electric UK Ltd.
11.12.1 Lucy Electric UK Ltd. Company Detail
11.12.2 Lucy Electric UK Ltd. Business Overview
11.12.3 Lucy Electric UK Ltd. Power Distribution Component Introduction
11.12.4 Lucy Electric UK Ltd. Revenue in Power Distribution Component Business (2019-2024)
11.12.5 Lucy Electric UK Ltd. Recent Development
11.13 Al Hassan Engineering Co. S.A.O.G.
11.13.1 Al Hassan Engineering Co. S.A.O.G. Company Detail
11.13.2 Al Hassan Engineering Co. S.A.O.G. Business Overview
11.13.3 Al Hassan Engineering Co. S.A.O.G. Power Distribution Component Introduction
11.13.4 Al Hassan Engineering Co. S.A.O.G. Revenue in Power Distribution Component Business (2019-2024)
11.13.5 Al Hassan Engineering Co. S.A.O.G. Recent Development
11.14 START Electrical Switchgear Assembly LLC.
11.14.1 START Electrical Switchgear Assembly LLC. Company Detail
11.14.2 START Electrical Switchgear Assembly LLC. Business Overview
11.14.3 START Electrical Switchgear Assembly LLC. Power Distribution Component Introduction
11.14.4 START Electrical Switchgear Assembly LLC. Revenue in Power Distribution Component Business (2019-2024)
11.14.5 START Electrical Switchgear Assembly LLC. Recent Development
11.15 Norelco Oy
11.15.1 Norelco Oy Company Detail
11.15.2 Norelco Oy Business Overview
11.15.3 Norelco Oy Power Distribution Component Introduction
11.15.4 Norelco Oy Revenue in Power Distribution Component Business (2019-2024)
11.15.5 Norelco Oy Recent Development
11.16 Skema S.p.A.
11.16.1 Skema S.p.A. Company Detail
11.16.2 Skema S.p.A. Business Overview
11.16.3 Skema S.p.A. Power Distribution Component Introduction
11.16.4 Skema S.p.A. Revenue in Power Distribution Component Business (2019-2024)
11.16.5 Skema S.p.A. Recent Development
11.17 Mitsubishi Electric Corporation
11.17.1 Mitsubishi Electric Corporation Company Detail
11.17.2 Mitsubishi Electric Corporation Business Overview
11.17.3 Mitsubishi Electric Corporation Power Distribution Component Introduction
11.17.4 Mitsubishi Electric Corporation Revenue in Power Distribution Component Business (2019-2024)
11.17.5 Mitsubishi Electric Corporation Recent Development
11.18 Rittal GmbH & Co., KG
11.18.1 Rittal GmbH & Co., KG Company Detail
11.18.2 Rittal GmbH & Co., KG Business Overview
11.18.3 Rittal GmbH & Co., KG Power Distribution Component Introduction
11.18.4 Rittal GmbH & Co., KG Revenue in Power Distribution Component Business (2019-2024)
11.18.5 Rittal GmbH & Co., KG Recent Development
11.19 Hyundai Electric & Energy Systems
11.19.1 Hyundai Electric & Energy Systems Company Detail
11.19.2 Hyundai Electric & Energy Systems Business Overview
11.19.3 Hyundai Electric & Energy Systems Power Distribution Component Introduction
11.19.4 Hyundai Electric & Energy Systems Revenue in Power Distribution Component Business (2019-2024)
11.19.5 Hyundai Electric & Energy Systems Recent Development
11.20 Hyosung Corporation
11.20.1 Hyosung Corporation Company Detail
11.20.2 Hyosung Corporation Business Overview
11.20.3 Hyosung Corporation Power Distribution Component Introduction
11.20.4 Hyosung Corporation Revenue in Power Distribution Component Business (2019-2024)
11.20.5 Hyosung Corporation Recent Development
11.21 Crompton Greaves
11.21.1 Crompton Greaves Company Detail
11.21.2 Crompton Greaves Business Overview
11.21.3 Crompton Greaves Power Distribution Component Introduction
11.21.4 Crompton Greaves Revenue in Power Distribution Component Business (2019-2024)
11.21.5 Crompton Greaves Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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
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*If Applicable.