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Distribution Boards Market Outlook 2021, Global Opportunity & Growth Analysis

The distribution boards market is projected to grow from an estimated USD 4.33 Billion in 2016 to USD 5.91 Billion by 2021, registering a CAGR of 6.4% from 2016 to 2021. Factors such as growing investments in transmission & distribution infrastructure and increasing construction and infrastructural activities are driving the global market for distribution boards.

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Distribution Boards Market Outlook 2021, Global Opportunity & Growth Analysis

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  1. Distribution Boards Market Outlook 2021, Global Opportunity & Growth Analysis www.MarketsandMarkets.com

  2. The report "Distribution Boards Market by Voltage Rating (Low Voltage, Medium Voltage), by End-User (Transmission & Distribution Utilities, Manufacturing & Processing Industry, Commercial & Residential Sector, and Others), and by Region - Global Forecast and Trends to 2021", The distribution boards market is projected to grow from an estimated USD 4.33 Billion in 2016 to USD 5.91 Billion by 2021, registering a CAGR of 6.4% from 2016 to 2021. Factors such as growing investments in transmission & distribution infrastructure and increasing construction and infrastructural activities are driving the global market for distribution boards. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=10103490

  3. Transmission & distribution utilities the key end-user of distribution boards Distribution boards primarily find application in transmission & distribution utilities. In 2015, transmission & distribution utilities constituted the largest segment of the distribution boards market, and accounted for the largest share of the total market. Substations are a crucial element of any grid system, and require high-level protection to ensure the stability of the system. Distribution boards are used extensively by utilities to prevent damages to expensive and critical equipment. Growing inclination towards medium voltage distribution boards The report also segments the distribution boards market on the basis of rated voltage into low voltage and medium voltage. Medium voltage distribution boards have received widespread acceptance in the past few years. The increasing investments in transmission & distribution infrastructure and in renewable power plants will likely provide a major boost to the market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=10103490

  4. Browse >> 73market data tables 44 figures 145 pagesand in-depth TOC on “Distribution Boards Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. Asia-Pacific to dominate the market for distribution boards In this report, the electric distribution boards market has been analyzed with respect to five regions namely, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific is estimated to dominate the market, owing to factors such as urbanization, industrialization, effective smart grid initiatives, high investments in the upgradation of transmission & distribution infrastructure, energy efficiency measures, and renewable projects. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the electric distribution boards market including ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (France), and Eaton Corporation (Ireland). These players are trying to penetrate developing economies and are adopting various methods to increase their market share. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=10103490

  6. Scope of the Report: • By Voltage Rating • Low Voltage • Medium Voltage • By End-User • Transmission & Distribution Utilities • Manufacturing & Process Industries • Commercial & Residential Infrastructure • Others, including Marine, Mining, Offshore, Transportation, and Power Generation • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=10103490

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • ABB Ltd. (Switzerland) • Siemens AG (Germany) • General Electric (U.S.) • Schneider Electric SE (France) • Eaton Corporation (Ireland) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=10103490

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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