Market Overview:
The global low-voltage distribution switchboards market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for low-voltage distribution switchboards from commercial, industrial, and residential applications. Additionally, the growing demand for energy-efficient and smart buildings is also contributing to the growth of this market. The universal distribution switchboard segment is expected to dominate the global low-voltage distribution switchboards market during the forecast period.
Product Definition:
Low-voltage distribution switchboards are used to distribute low-voltage power to electrical equipment. They are an important part of any electrical system, as they allow for the safe and efficient distribution of power.
Universal Distribution Switchboards:
The global universal distribution switchboards, also known as low-voltage distribution switchboards, are used to supply power to various appliances and equipment in commercial and residential buildings. They are available in different voltage ranges such as 220V, 230V, 240V and above 270V. The increasing demand for electricity due to the growing population has led to an increase in the number of power failures which is one of the major factors driving this industry.
Functional Distribution Switchboards:
Functional distribution switchboards are devices that help in maintaining the voltage levels of electrical equipment within a particular range. They can be used to reduce the risk of electric shock and damage to sensitive electronic components.
The major function performed by functional distribution switchboards is to protect the equipment from high voltages that are present on either side of a protective device or circuit, when an abnormal situation occurs in between two circuits, for example; short-circuit or open circuit.
Application Insights:
The distribution switchboards are majorly used in commercial buildings, industrial plants and residential areas. The commercial application segment dominated the global market in 2017. It is also expected to be the fastest-growing segment over the forecast period owing to growing demand for low-voltage switchgear from various sectors including healthcare, data centers, telecoms and ITU schools among others.
The functional distribution switchboard is mainly used for controlling power supply across several circuits within a building or an area of a building. These boards contain multiplexers that allow several circuits to share one power source by switching between them; they also have combiners that allow several feeders into one main circuit breaker panel so as to reduce overall cable length and improve safety conditions at installation sites.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing industrialization and rising commercial construction activities in countries, such as China, India, Japan, and South Korea. Furthermore, rising population coupled with rapid urbanization has resulted in an increased demand for electrical infrastructure across developing nations of Asia Pacific.
Europe held a significant share of around 27% in 2016 owing to early adoption by several countries across the region. For instance: Austria was one of the first European countries that adopted ULSBs for domestic applications while Switzerland remains one of its largest consumers globally owing to high standards associated with safety and dependability associated with these products.
Growth Factors:
- Increasing demand for low-voltage distribution switchboards from the construction sector as a result of growth in the construction industry.
- Rising demand for low-voltage distribution switchboards from the industrial sector due to growth in manufacturing and processing industries.
- Growing awareness about energy efficiency and its benefits is expected to boost demand for low-voltage distribution switchboards over the forecast period.
- Increasing investment by governments in smart grid infrastructure is anticipated to provide opportunities for growth of the market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-voltage Distribution Switchboards Market Research Report
By Type
Universal Distribution Switchboards, Functional Distribution Switchboards
By Application
Commercial, Industrial, Residential
By Companies
Schneider Electric, ABB, Eaton, IRBIS Technology, Dorman Smith Switchgear, Alfanar, Siemens, Legrand Group, Jean Muller GmbH, Gustav Hensel GmbH, CHINT Electrics, Zhejiang Ouer Complete Frame, Vertiv Group
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Low-voltage Distribution Switchboards Market Report Segments:
The global Low-voltage Distribution Switchboards market is segmented on the basis of:
Types
Universal Distribution Switchboards, Functional Distribution Switchboards
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
Commercial, Industrial, Residential
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
- ABB
- Eaton
- IRBIS Technology
- Dorman Smith Switchgear
- Alfanar
- Siemens
- Legrand Group
- Jean Muller GmbH
- Gustav Hensel GmbH
- CHINT Electrics
- Zhejiang Ouer Complete Frame
- Vertiv Group
Highlights of The Low-voltage Distribution Switchboards 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:
- Universal Distribution Switchboards
- Functional Distribution Switchboards
- By Application:
- Commercial
- Industrial
- Residential
- 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 Low-voltage Distribution Switchboards 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?
Low-voltage distribution switchboards are used to distribute power to various devices in a home or office. They use a variety of switches and outlets to provide power for lamps, appliances, computers, and other devices.
Some of the key players operating in the low-voltage distribution switchboards market are Schneider Electric, ABB, Eaton, IRBIS Technology, Dorman Smith Switchgear, Alfanar, Siemens, Legrand Group, Jean Muller GmbH, Gustav Hensel GmbH, CHINT Electrics, Zhejiang Ouer Complete Frame, Vertiv Group.
The low-voltage distribution switchboards market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low-voltage Distribution Switchboards Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low-voltage Distribution Switchboards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-voltage Distribution Switchboards Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low-voltage Distribution Switchboards Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low-voltage Distribution Switchboards Market Size & Forecast, 2018-2028
4.5.1 Low-voltage Distribution Switchboards Market Size and Y-o-Y Growth
4.5.2 Low-voltage Distribution Switchboards Market Absolute $ Opportunity
Chapter 5 Global Low-voltage Distribution Switchboards Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low-voltage Distribution Switchboards Market Size Forecast by Type
5.2.1 Universal Distribution Switchboards
5.2.2 Functional Distribution Switchboards
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low-voltage Distribution Switchboards Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low-voltage Distribution Switchboards Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-voltage Distribution Switchboards Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low-voltage Distribution Switchboards Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low-voltage Distribution Switchboards Analysis and Forecast
9.1 Introduction
9.2 North America Low-voltage Distribution Switchboards Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low-voltage Distribution Switchboards Market Size Forecast by Type
9.6.1 Universal Distribution Switchboards
9.6.2 Functional Distribution Switchboards
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low-voltage Distribution Switchboards Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low-voltage Distribution Switchboards Analysis and Forecast
10.1 Introduction
10.2 Europe Low-voltage Distribution Switchboards Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low-voltage Distribution Switchboards Market Size Forecast by Type
10.6.1 Universal Distribution Switchboards
10.6.2 Functional Distribution Switchboards
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low-voltage Distribution Switchboards Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low-voltage Distribution Switchboards Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low-voltage Distribution Switchboards Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low-voltage Distribution Switchboards Market Size Forecast by Type
11.6.1 Universal Distribution Switchboards
11.6.2 Functional Distribution Switchboards
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low-voltage Distribution Switchboards Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low-voltage Distribution Switchboards Analysis and Forecast
12.1 Introduction
12.2 Latin America Low-voltage Distribution Switchboards Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low-voltage Distribution Switchboards Market Size Forecast by Type
12.6.1 Universal Distribution Switchboards
12.6.2 Functional Distribution Switchboards
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low-voltage Distribution Switchboards Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low-voltage Distribution Switchboards Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low-voltage Distribution Switchboards Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low-voltage Distribution Switchboards Market Size Forecast by Type
13.6.1 Universal Distribution Switchboards
13.6.2 Functional Distribution Switchboards
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low-voltage Distribution Switchboards Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low-voltage Distribution Switchboards Market: Competitive Dashboard
14.2 Global Low-voltage Distribution Switchboards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 ABB
14.3.3 Eaton
14.3.4 IRBIS Technology
14.3.5 Dorman Smith Switchgear
14.3.6 Alfanar
14.3.7 Siemens
14.3.8 Legrand Group
14.3.9 Jean Muller GmbH
14.3.10 Gustav Hensel GmbH
14.3.11 CHINT Electrics
14.3.12 Zhejiang Ouer Complete Frame
14.3.13 Vertiv Group
