Market Overview:
The global power load center 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 power load centers from residential and commercial applications. Additionally, the growing demand for smart grid technologies is also contributing to the growth of the market. The main breaker type segment is expected to dominate the global power load center market during the forecast period.
Product Definition:
A power load center is a distribution panel that contains circuit breakers. The purpose of the power load center is to protect wiring and electrical equipment from overloads and short circuits.
Main Breaker:
The main breaker is a device used to interrupt the current flow in electric power transmission lines. It works as an electrical switch and prevents the flow of electric current from entering or leaving the load center. The main breakers are installed at intervals along power transmission lines to control and monitor electricity usage, protect equipment from short circuits, prevent overloads, and ensure safety measures are taken by workers operating near these devices.
Main Lug Only:
The main lug only (MLO) is a device used in the power distribution system to distribute the electrical load between two or more lugs. It is mainly used in switchgear and bus bar systems where there are several low voltage cables connected to different equipment. The MLO has no internal resistance, so it can handle high current and voltage loads with ease.
Application Insights:
Commercial application led the global power load center market and accounted for more than 60.0% share of the total revenue in 2017. The commercial sector is anticipated to witness significant growth over the forecast period owing to growing construction activities of shopping malls, office buildings, hotels and restaurants across countries such as China, India and Japan. Power load centers are widely used in commercial applications owing to benefits such as improved electrical grid stability resulting in reduced operational costs for business owners.
The residential segment is expected to expand at a CAGR of XX% from 2018 to 2030 due mainlyto rising demand for high-end residential complexes with advanced infrastructure coupled with rapid urbanization trends across various regions including Asia Pacific, North America and Europe Latin America). Power load centers play an important role in providing reliable electricity supply within households by eliminating single point of failure that commonly occurs when multiple appliances draw power from a single source (outlet).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power distribution units from various application segments, such as commercial and industrial, residential, and others in countries such as China and India. In addition, rising number of construction activities in developing economies including China and India are anticipated to boost product demand further.
The market in North America accounted for a significant share owing to presence of prominent players operating within the region along with high adoption rate of advanced technologies across U.S., Canada, Mexico among other countries within this region have contributed significantly toward industry growth over the past few years; however; Asia Pacific is projected to emerge as a potential destination for investors looking forward greater opportunities existing markets present throughout APAC while also considering risks involved with them’s investing decisions thereby making it an attractive investment destination at this time.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and growing disposable income of consumers in emerging economies
- Proliferation of smart grids and energy storage systems
- Stringent government regulations for energy conservation
- Technological advancements in power load center products
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Load Center Market Research Report
By Type
Main Breaker, Main Lug Only
By Application
Residential, Commercial, Others
By Companies
WEG, Siemens, Eaton, ASCO Power Technologies, Leviton, EandM, Schneider Electric, ABB, GE, Legrand
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Power Load Center Market Report Segments:
The global Power Load Center market is segmented on the basis of:
Types
Main Breaker, Main Lug Only
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, Commercial, 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:
- WEG
- Siemens
- Eaton
- ASCO Power Technologies
- Leviton
- EandM
- Schneider Electric
- ABB
- GE
- Legrand
Highlights of The Power Load Center 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:
- Main Breaker
- Main Lug Only
- By Application:
- Residential
- Commercial
- 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 Power Load Center 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?
The Power Load Center is a term used in the electrical industry to describe the point at which a load, such as an electric motor, begins to draw more current than it can handle.
Some of the major companies in the power load center market are WEG, Siemens, Eaton, ASCO Power Technologies, Leviton, EandM, Schneider Electric, ABB, GE, Legrand.
The power load center 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 Power Load Center 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 Power Load Center Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Load Center 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 Power Load Center 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 Power Load Center Market Size & Forecast, 2018-2028
4.5.1 Power Load Center Market Size and Y-o-Y Growth
4.5.2 Power Load Center Market Absolute $ Opportunity
Chapter 5 Global Power Load Center 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 Power Load Center Market Size Forecast by Type
5.2.1 Main Breaker
5.2.2 Main Lug Only
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Load Center 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 Power Load Center Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Load Center 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 Power Load Center 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 Power Load Center Analysis and Forecast
9.1 Introduction
9.2 North America Power Load Center 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 Power Load Center Market Size Forecast by Type
9.6.1 Main Breaker
9.6.2 Main Lug Only
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 Power Load Center Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Others
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 Power Load Center Analysis and Forecast
10.1 Introduction
10.2 Europe Power Load Center 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 Power Load Center Market Size Forecast by Type
10.6.1 Main Breaker
10.6.2 Main Lug Only
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 Power Load Center Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Others
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 Power Load Center Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Load Center 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 Power Load Center Market Size Forecast by Type
11.6.1 Main Breaker
11.6.2 Main Lug Only
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 Power Load Center Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Others
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 Power Load Center Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Load Center 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 Power Load Center Market Size Forecast by Type
12.6.1 Main Breaker
12.6.2 Main Lug Only
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 Power Load Center Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Others
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) Power Load Center Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Load Center 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) Power Load Center Market Size Forecast by Type
13.6.1 Main Breaker
13.6.2 Main Lug Only
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) Power Load Center Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Others
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 Power Load Center Market: Competitive Dashboard
14.2 Global Power Load Center Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WEG
14.3.2 Siemens
14.3.3 Eaton
14.3.4 ASCO Power Technologies
14.3.5 Leviton
14.3.6 EandM
14.3.7 Schneider Electric
14.3.8 ABB
14.3.9 GE
14.3.10 Legrand
