Market Overview:
The global electrical equipment for the power distribution market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electricity and the growing need for smart grids and smart meters. The switchgear segment is expected to dominate the global electrical equipment for the power distribution market, followed by power cables, transformers, and smart meters. Asia Pacific is expected to be the fastest-growing region in this market during the forecast period.
Product Definition:
Electrical equipment for the power distribution is important because it helps to deliver power to different parts of a building or facility. This equipment can include circuit breakers, switches, transformers, and wiring. By using this equipment, facilities can ensure that they have the power they need to run smoothly.
Switchgear:
Electricity distribution is carried out by means of switches, fuses and circuit breakers. The equipment used for electricity distribution is known as switchgear. Switchgear plays an important role in the electrical equipment industry owing to its properties such as high mechanical strength, fire protection and immunity from EMI/RFI interference among others. It also helps in reducing maintenance costs due to its easy maintenance characteristics.
Power cables:
Power cables and it's usage in electrical equipment for the power distribution market is expected to witness significant growth over the forecast period. The primary function of power cables is to carry electricity from one point to another. Power cable consists of a set of conductors that are used for electric current transmission or reception. These wires are employed in transformers, switchgears, circuit breakers, outlets, lamps as well as other electrical equipment which has a protective insulation layer surrounding its outer surface.
Application Insights:
The industry application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growing demand for electrical equipment from various industries including oil & gas, mining, etc. is expected to drive the growth of this segment over the coming years.
Industrial applications include chemical plants, paper mills and refineries among others which require a steady and uninterrupted supply of electricity. Growing industrialization across developing countries such as India, China South Korea Vietnam among others are anticipated to propel product demand in near future.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for smart grid systems in countries, such as China and India. In addition, rising investments in distribution lines are also likely to drive the market growth over the coming years.
The European electrical equipment for power distribution market is anticipated to witness a CAGR of XX% from 2018 To 2030 owing to stringent regulations regarding energy efficiency and emission control standards by various regulatory bodies, such as ETSI (European Telecommunication Standards Institute), VDE (Verein Deutscher Elektrotechniker) and others.
North America accounted for a significant share of revenue share within 2017 on account of high penetration rates associated with smart meters installed across numerous residential buildings/households throughout U.S.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Stringent government regulations for power quality and safety
- Technological advancements in electrical equipment that improve performance and efficiency
- Growing demand for renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Equipment for the Power Distribution Market Research Report
By Type
Switchgear, Power cables, Transformers, Smart meters
By Application
Industry, Power Industry, Others
By Companies
ABB, Eaton, Emerson Electric, Schneider, Siemens, Alstom, GE, Mitsubishi, Koncar, Schweitzer Engineering Laboratories
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Equipment for the Power Distribution Market Report Segments:
The global Electrical Equipment for the Power Distribution market is segmented on the basis of:
Types
Switchgear, Power cables, Transformers, Smart meters
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
Industry, Power Industry, Others
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:
- ABB
- Eaton
- Emerson Electric
- Schneider
- Siemens
- Alstom
- GE
- Mitsubishi
- Koncar
- Schweitzer Engineering Laboratories
Highlights of The Electrical Equipment for the Power Distribution 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:
- Switchgear
- Power cables
- Transformers
- Smart meters
- By Application:
- Industry
- Power Industry
- Others
- 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 Electrical Equipment for the Power Distribution 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electrical equipment for the power distribution includes switches, transformers, and other components that allow electricity to be transferred from one location to another.
Some of the major players in the electrical equipment for the power distribution market are ABB, Eaton, Emerson Electric, Schneider, Siemens, Alstom, GE, Mitsubishi, Koncar, Schweitzer Engineering Laboratories.
The electrical equipment for the power distribution market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Equipment for the Power Distribution 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. Electrical Equipment for the Power Distribution Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Equipment for the Power Distribution Market - Supply Chain
4.5. Global Electrical Equipment for the Power Distribution Market Forecast
4.5.1. Electrical Equipment for the Power Distribution Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Equipment for the Power Distribution Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Equipment for the Power Distribution Market Absolute $ Opportunity
5. Global Electrical Equipment for the Power Distribution 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. Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Type
5.3.1. Switchgear
5.3.2. Power cables
5.3.3. Transformers
5.3.4. Smart meters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Equipment for the Power Distribution 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. Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
6.3.1. Industry
6.3.2. Power Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Equipment for the Power Distribution 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. Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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. Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Demand Share Forecast, 2019-2026
9. North America Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
9.4.1. Industry
9.4.2. Power Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Type
9.7.1. Switchgear
9.7.2. Power cables
9.7.3. Transformers
9.7.4. Smart meters
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 Electrical Equipment for the Power Distribution Demand Share Forecast, 2019-2026
10. Latin America Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
10.4.1. Industry
10.4.2. Power Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Type
10.7.1. Switchgear
10.7.2. Power cables
10.7.3. Transformers
10.7.4. Smart meters
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 Electrical Equipment for the Power Distribution Demand Share Forecast, 2019-2026
11. Europe Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
11.4.1. Industry
11.4.2. Power Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Equipment for the Poer Distribution Market Size and Volume Forecast by Type
11.7.1. Switchgear
11.7.2. Power cables
11.7.3. Transformers
11.7.4. Smart meters
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 Electrical Equipment for the Power Distribution Demand Share, 2019-2026
12. Asia Pacific Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
12.4.1. Industry
12.4.2. Power Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Type
12.7.1. Switchgear
12.7.2. Power cables
12.7.3. Transformers
12.7.4. Smart meters
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 Electrical Equipment for the Power Distribution Demand Share, 2019-2026
13. Middle East & Africa Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution 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 Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Application
13.4.1. Industry
13.4.2. Power Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Equipment for the Power Distribution Market Size and Volume Forecast by Type
13.7.1. Switchgear
13.7.2. Power cables
13.7.3. Transformers
13.7.4. Smart meters
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 Electrical Equipment for the Power Distribution Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Equipment for the Power Distribution Market: Market Share Analysis
14.2. Electrical Equipment for the Power Distribution Distributors and Customers
14.3. Electrical Equipment for the Power Distribution Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Emerson Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alstom
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Koncar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schweitzer Engineering Laboratories
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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