The global electric switchboard market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for electric switchboards in residential and commercial applications, owing to their high efficiency and low maintenance cost. The residential segment accounted for the largest share of the global electric switchboard market in 2018, followed by industrial applications.
The North American region accounted for the largest share of the global electric switchboard market in 2018, followed by Europe and Asia Pacific. The growth of this region can be attributed to factors such as increasing demand for electricity due to population growth and economic development; increased investments in infrastructure projects; and favorable government policies that promote renewable energy sources such as solar power plants.
- The increasing demand for electric switchboards in the global market is a major factor driving the growth of this market.
- The increasing number of power outages and blackouts in developing countries is also a major factor driving the growth of this market.
- The need to reduce carbon emissions and increase energy efficiency is also a major factor driving the growth of this market.
- Increasing investments by governments, private companies, and research organizations into renewable energy sources such as solar power are also factors that are expected to drive the growth of this market over the forecast period (2016-2026).
- Increasing demand for electric switchboards from industries such as oil & gas, mining, chemical processing, pulp & paper production, food processing etc, which require high voltage electricity are other factors that will drive the growth of this market over the forecast period (2016-2026).
Industry Growth Insights published a new data on “Electric Switchboard Market”. The research report is titled “Electric Switchboard Market research by Types (low-voltage, Middle-voltage, High-voltage), By Applications (Industrial, Residential, Commercial, Other), By Players/Companies Schneider Electric, GE, Nilsen, Leoni, Mastervolt, Siemens, Eaton, CUBIC, ROMAC, Rolla, Powerwell, Beier Integrated Systems, GEDAC ELECTRIC, IEM, C&S Electric, Kounis, Merriam-Webster, Aussie Switchboards”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Switchboard Market Research Report
By Type
low-voltage, Middle-voltage, High-voltage
By Application
Industrial, Residential, Commercial, Other
By Companies
Schneider Electric, GE, Nilsen, Leoni, Mastervolt, Siemens, Eaton, CUBIC, ROMAC, Rolla, Powerwell, Beier Integrated Systems, GEDAC ELECTRIC, IEM, C&S Electric, Kounis, Merriam-Webster, Aussie Switchboards
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Switchboard Market Report Segments:
The global Electric Switchboard market is segmented on the basis of:
Types
low-voltage, Middle-voltage, High-voltage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Residential, Commercial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- GE
- Nilsen
- Leoni
- Mastervolt
- Siemens
- Eaton
- CUBIC
- ROMAC
- Rolla
- Powerwell
- Beier Integrated Systems
- GEDAC ELECTRIC
- IEM
- C&S Electric
- Kounis
- Merriam-Webster
- Aussie Switchboards
Highlights of The Electric Switchboard Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- low-voltage
- Middle-voltage
- High-voltage
- By Application:
- Industrial
- Residential
- Commercial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Switchboard Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric switchboard is a device that allows an operator to control the flow of electricity in a circuit.
Some of the key players operating in the electric switchboard market are Schneider Electric, GE, Nilsen, Leoni, Mastervolt, Siemens, Eaton, CUBIC, ROMAC, Rolla, Powerwell, Beier Integrated Systems, GEDAC ELECTRIC, IEM, C&S Electric, Kounis, Merriam-Webster, Aussie Switchboards.
The electric switchboard market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Switchboard Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Switchboard Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Switchboard Market - Supply Chain
4.5. Global Electric Switchboard Market Forecast
4.5.1. Electric Switchboard Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Switchboard Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Switchboard Market Absolute $ Opportunity
5. Global Electric Switchboard Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Switchboard Market Size and Volume Forecast by Type
5.3.1. low-voltage
5.3.2. Middle-voltage
5.3.3. High-voltage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Switchboard Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Switchboard Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Residential
6.3.3. Commercial
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Switchboard Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Switchboard Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Switchboard Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Switchboard Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Switchboard Demand Share Forecast, 2019-2026
9. North America Electric Switchboard Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Switchboard Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Switchboard Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Residential
9.4.3. Commercial
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Switchboard Market Size and Volume Forecast by Type
9.7.1. low-voltage
9.7.2. Middle-voltage
9.7.3. High-voltage
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Switchboard Demand Share Forecast, 2019-2026
10. Latin America Electric Switchboard Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Switchboard Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Switchboard Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Residential
10.4.3. Commercial
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Switchboard Market Size and Volume Forecast by Type
10.7.1. low-voltage
10.7.2. Middle-voltage
10.7.3. High-voltage
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Switchboard Demand Share Forecast, 2019-2026
11. Europe Electric Switchboard Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Switchboard Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Switchboard Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Residential
11.4.3. Commercial
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Switchboard Market Size and Volume Forecast by Type
11.7.1. low-voltage
11.7.2. Middle-voltage
11.7.3. High-voltage
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Switchboard Demand Share, 2019-2026
12. Asia Pacific Electric Switchboard Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Switchboard Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Switchboard Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Residential
12.4.3. Commercial
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Switchboard Market Size and Volume Forecast by Type
12.7.1. low-voltage
12.7.2. Middle-voltage
12.7.3. High-voltage
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Switchboard Demand Share, 2019-2026
13. Middle East & Africa Electric Switchboard Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Switchboard Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Switchboard Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Residential
13.4.3. Commercial
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Switchboard Market Size and Volume Forecast by Type
13.7.1. low-voltage
13.7.2. Middle-voltage
13.7.3. High-voltage
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Switchboard Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Switchboard Market: Market Share Analysis
14.2. Electric Switchboard Distributors and Customers
14.3. Electric Switchboard Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nilsen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leoni
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mastervolt
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eaton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CUBIC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ROMAC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rolla
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Powerwell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beier Integrated Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GEDAC ELECTRIC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. IEM
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. C&S Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kounis
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Merriam-Webster
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Aussie Switchboards
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
