Market Overview:
The global LV distribution board 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 LV distribution boards in residential, commercial, and industrial buildings. Additionally, the growing awareness about safety and security is also propelling the growth of this market. The global LV distribution board market can be segmented by type, application, and region. By type, the market can be divided into indoor and outdoor segments. By application, it can be classified into residential building, commercial buildingindustrial buildingother segments). Geographically speaking,,the global LV distribution boardmarketis segmentedinto North America,, Latin America,, Europe Asia Pacificand Middle East & Africa ).
Product Definition:
A LV Distribution Board is a type of electrical panel that distributes low voltage power to various devices within a building. It is important for safety and efficiency reasons, as it allows for safer and more organized wiring within a structure.
Indoor:
Indoor is the new term in the LV distribution board market and it has been growing at a significant rate. It started as an alternative to outdoor advertising but now it has become an important part of many businesses. Indoor advertising can be seen by people passing by on the street or any public place, therefore, making a good impact on its first impression.
Outdoor:
Outdoor is the part of LV distribution board market which includes all the products related to land-based telecommunication systems. It comprises of fiber optic cables, coaxial cables, twin wire Ethernet cable and optical fiber cables. Optical fibers are used in a vast range of applications from telecommunication to data storage owing to its high bandwidth capacity and low cost compared to other cable types.
Application Insights:
The global LV distribution board market has been segmented into residential building, commercial building, industrial building and others. The residential buildings segment accounted for the largest share in 2016 and is projected to continue leading over the forecast period. This can be attributed to increasing construction of single-family houses across various regions coupled with growing demand for electrical appliances from the end-use consumers.
The commercial buildings include corporate offices, hospitals, clinics and other medical facilities among others. The rapid growth of office spaces in emerging economies such as India & China is expected to contribute significantly towards product demand over the forecast period. In addition, a rise in infrastructural development activities supported by governments across various regions will boost product sales further during this period.
Regional Analysis:
North America dominated the global LV distribution board market in 2017. The growth of the region can be attributed to increasing demand for power infrastructure in countries, such as U.S., Canada, and Mexico. Moreover, presence of key players in this region is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and industrialization across emerging economies including China and India. In addition, rising number of construction activities due to growing population is further expected fuel regional demand for LV distribution boards over the forecast period The Middle East & Africa (MEA) market was valued at USD X million in 2017 owing its large construction industry coupled with steady increase in investments from public-private partnerships (PPPs).
Growth Factors:
- Increasing demand for LV distribution boards from the construction and infrastructure sectors
- Rising awareness about the benefits of using LV distribution boards in electrical systems
- Growing demand for energy-efficient LV distribution boards
- Technological advancements in the manufacturing of LV distribution boards
- Stringent government regulations mandating the use of LV distribution boards in electrical systems
Scope Of The Report
Report Attributes
Report Details
Report Title
LV Distribution Board Market Research Report
By Type
Indoor, Outdoor
By Application
Residential Building, Commercial Building, Industrial Building, Other
By Companies
Schneider Electric SE, ABB Ltd, Hager Group (Bocchiotti SPA), Legrand, Siemens AG, Eaton Corporation, INDU-ELECTRIC Gerber GmbH, Primiceri SpA, Larsen & Toubro, Blakley Electrics, General Electric, Havells India Ltd, East Coast Power Systems, Industrial Electric Mfg, OEZ, ESL Power Systems, NHP Electrical Engineering,, Arabian Gulf Switchgear, Abunayyan Holding, SEL SpA
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global LV Distribution Board Market Report Segments:
The global LV Distribution Board market is segmented on the basis of:
Types
Indoor, Outdoor
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
Residential Building, Commercial Building, Industrial Building, 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 SE
- ABB Ltd
- Hager Group (Bocchiotti SPA)
- Legrand
- Siemens AG
- Eaton Corporation
- INDU-ELECTRIC Gerber GmbH
- Primiceri SpA
- Larsen & Toubro
- Blakley Electrics
- General Electric
- Havells India Ltd
- East Coast Power Systems
- Industrial Electric Mfg
- OEZ
- ESL Power Systems
- NHP Electrical Engineering,
- Arabian Gulf Switchgear
- Abunayyan Holding
- SEL SpA
Highlights of The LV Distribution Board 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:
- Indoor
- Outdoor
- By Application:
- Residential Building
- Commercial Building
- Industrial Building
- 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 LV Distribution Board 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?
LV Distribution Board is a board that distributes power to the various devices in an electrical system.
Some of the key players operating in the lv distribution board market are Schneider Electric SE, ABB Ltd, Hager Group (Bocchiotti SPA), Legrand, Siemens AG, Eaton Corporation, INDU-ELECTRIC Gerber GmbH, Primiceri SpA, Larsen & Toubro, Blakley Electrics, General Electric, Havells India Ltd, East Coast Power Systems, Industrial Electric Mfg, OEZ, ESL Power Systems, NHP Electrical Engineering,, Arabian Gulf Switchgear, Abunayyan Holding, SEL SpA.
The lv distribution board 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 LV Distribution Board 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 LV Distribution Board Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 LV Distribution Board 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 LV Distribution Board 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 LV Distribution Board Market Size & Forecast, 2018-2028 4.5.1 LV Distribution Board Market Size and Y-o-Y Growth 4.5.2 LV Distribution Board Market Absolute $ Opportunity
Chapter 5 Global LV Distribution Board 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 LV Distribution Board Market Size Forecast by Type
5.2.1 Indoor
5.2.2 Outdoor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LV Distribution Board 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 LV Distribution Board Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Industrial Building
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LV Distribution Board 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 LV Distribution Board 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 LV Distribution Board Analysis and Forecast
9.1 Introduction
9.2 North America LV Distribution Board 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 LV Distribution Board Market Size Forecast by Type
9.6.1 Indoor
9.6.2 Outdoor
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 LV Distribution Board Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Industrial Building
9.10.4 Other
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 LV Distribution Board Analysis and Forecast
10.1 Introduction
10.2 Europe LV Distribution Board 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 LV Distribution Board Market Size Forecast by Type
10.6.1 Indoor
10.6.2 Outdoor
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 LV Distribution Board Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Industrial Building
10.10.4 Other
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 LV Distribution Board Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LV Distribution Board 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 LV Distribution Board Market Size Forecast by Type
11.6.1 Indoor
11.6.2 Outdoor
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 LV Distribution Board Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Industrial Building
11.10.4 Other
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 LV Distribution Board Analysis and Forecast
12.1 Introduction
12.2 Latin America LV Distribution Board 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 LV Distribution Board Market Size Forecast by Type
12.6.1 Indoor
12.6.2 Outdoor
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 LV Distribution Board Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Industrial Building
12.10.4 Other
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) LV Distribution Board Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LV Distribution Board 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) LV Distribution Board Market Size Forecast by Type
13.6.1 Indoor
13.6.2 Outdoor
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) LV Distribution Board Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Industrial Building
13.10.4 Other
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 LV Distribution Board Market: Competitive Dashboard
14.2 Global LV Distribution Board Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric SE
14.3.2 ABB Ltd
14.3.3 Hager Group (Bocchiotti SPA)
14.3.4 Legrand
14.3.5 Siemens AG
14.3.6 Eaton Corporation
14.3.7 INDU-ELECTRIC Gerber GmbH
14.3.8 Primiceri SpA
14.3.9 Larsen & Toubro
14.3.10 Blakley Electrics
14.3.11 General Electric
14.3.12 Havells India Ltd
14.3.13 East Coast Power Systems
14.3.14 Industrial Electric Mfg
14.3.15 OEZ
14.3.16 ESL Power Systems
14.3.17 NHP Electrical Engineering,
14.3.18 Arabian Gulf Switchgear
14.3.19 Abunayyan Holding
14.3.20 SEL SpA