List of Contents

Power Distribution Component Market Size, Share, and Trends 2024 to 2034

The global power distribution component market size was USD 107.06 billion in 2023, calculated at USD 113.48 billion in 2024 and is projected to surpass around USD 203.23 billion by 2034, expanding at a CAGR of 6% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 1351
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Application Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Power Distribution Component Market 

5.1. COVID-19 Landscape: Power Distribution Component Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Power Distribution Component Market, By Product Type

8.1. Power Distribution Component Market, by Product Type, 2024-2034

8.1.1. Switchgear

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Switchboard

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Distribution panel

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Motor control panels

8.1.4.1. Market Revenue and Forecast (2021-2034)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Power Distribution Component Market, By Configuration Type

9.1. Power Distribution Component Market, by Configuration Type, 2024-2034

9.1.1. Fixed mounting

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Plug-in

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Withdrawable

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Power Distribution Component Market, By Insulation Type 

10.1. Power Distribution Component Market, by Insulation Type, 2024-2034

10.1.1. Air 

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Gas

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Oil

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Vacuum

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Others

10.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Power Distribution Component Market, By Installation Type

11.1. Power Distribution Component Market, by Installation Type, 2024-2034

11.1.1. Indoor

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. Outdoor

11.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Power Distribution Component Market, By Voltage Rating

12.1. Power Distribution Component Market, by Voltage Rating, 2024-2034

12.1.1. < 11 kV

12.1.1.1. Market Revenue and Forecast (2021-2034)

12.1.2. 11 kV to 33 kV

12.1.2.1. Market Revenue and Forecast (2021-2034)

12.1.3. > 33 kV to 66 kV

12.1.3.1. Market Revenue and Forecast (2021-2034)

12.1.4. > 66 kV to 132 kV

12.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 13. Global Power Distribution Component Market, By Application

13.1. Power Distribution Component Market, by Configuration Type, 2024-2034

13.1.1. Residential

13.1.1.1. Market Revenue and Forecast (2021-2034)

13.1.2. Commercial

13.1.2.1. Market Revenue and Forecast (2021-2034)

13.1.3. Industrial

13.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 14. Global Power Distribution Component  Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Product (2021-2034)

14.1.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.1.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.1.4. Market Revenue and Forecast, by Installation (2021-2034)

14.1.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.1.6. Market Revenue and Forecast, by Application (2021-2034)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Product (2021-2034)

14.1.7.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.1.7.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.1.7.4. Market Revenue and Forecast, by Installation (2021-2034)

14.1.8. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.1.8.1. Market Revenue and Forecast, by Application (2021-2034) 

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Product (2021-2034)

14.1.9.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.1.9.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.1.9.4. Market Revenue and Forecast, by Installation (2021-2034)

14.1.10. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.1.11. Market Revenue and Forecast, by Application (2021-2034)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Product (2021-2034)

14.2.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.2.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.2.4. Market Revenue and Forecast, by Installation (2021-2034) 

14.2.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.2.6. Market Revenue and Forecast, by Application (2021-2034)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Product (2021-2034)

14.2.8.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.2.8.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.2.9. Market Revenue and Forecast, by Installation (2021-2034) 

14.2.10. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.2.10.1. Market Revenue and Forecast, by Application (2021-2034) 

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Product (2021-2034)

14.2.11.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.2.11.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.2.12. Market Revenue and Forecast, by Installation (2021-2034)

14.2.13. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.2.14. Market Revenue and Forecast, by Application (2021-2034)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Product (2021-2034)

14.2.15.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.2.15.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.2.15.4. Market Revenue and Forecast, by Installation (2021-2034)

14.2.16. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.2.16.1. Market Revenue and Forecast, by Application (2021-2034)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Product (2021-2034)

14.2.17.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.2.17.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.2.17.4. Market Revenue and Forecast, by Installation (2021-2034)

14.2.18. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.2.18.1. Market Revenue and Forecast, by Application (2021-2034)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Product (2021-2034)

14.3.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.3.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.3.4. Market Revenue and Forecast, by Installation (2021-2034)

14.3.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.3.6. Market Revenue and Forecast, by Application (2021-2034)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Product (2021-2034)

14.3.7.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.3.7.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.3.7.4. Market Revenue and Forecast, by Installation (2021-2034)

14.3.8. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.3.9. Market Revenue and Forecast, by Application (2021-2034)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Product (2021-2034)

14.3.10.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.3.10.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.3.10.4. Market Revenue and Forecast, by Installation (2021-2034)

14.3.11. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.3.11.1. Market Revenue and Forecast, by Application (2021-2034)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Product (2021-2034)

14.3.12.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.3.12.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.3.12.4. Market Revenue and Forecast, by Installation (2021-2034)

14.3.12.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.3.12.6. Market Revenue and Forecast, by Application (2021-2034)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Product (2021-2034)

14.3.13.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.3.13.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.3.13.4. Market Revenue and Forecast, by Installation (2021-2034)

14.3.13.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.3.13.6. Market Revenue and Forecast, by Application (2021-2034)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Product (2021-2034)

14.4.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.4.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.4.4. Market Revenue and Forecast, by Installation (2021-2034)

14.4.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.4.6. Market Revenue and Forecast, by Application (2021-2034)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Product (2021-2034)

14.4.7.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.4.7.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.4.7.4. Market Revenue and Forecast, by Installation (2021-2034)

14.4.8. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.4.9. Market Revenue and Forecast, by Application (2021-2034)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Product (2021-2034)

14.4.10.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.4.10.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.4.10.4. Market Revenue and Forecast, by Installation (2021-2034)

14.4.11. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.4.12. Market Revenue and Forecast, by Application (2021-2034)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Product (2021-2034)

14.4.13.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.4.13.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.4.13.4. Market Revenue and Forecast, by Installation (2021-2034)

14.4.13.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.4.13.6. Market Revenue and Forecast, by Application (2021-2034)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Product (2021-2034)

14.4.14.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.4.14.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.4.14.4. Market Revenue and Forecast, by Installation (2021-2034)

14.4.14.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.4.14.6. Market Revenue and Forecast, by Application (2021-2034)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Product (2021-2034)

14.5.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.5.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.5.4. Market Revenue and Forecast, by Installation (2021-2034)

14.5.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.5.6. Market Revenue and Forecast, by Application (2021-2034)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Product (2021-2034)

14.5.7.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.5.7.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.5.7.4. Market Revenue and Forecast, by Installation (2021-2034)

14.5.8. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.5.8.1. Market Revenue and Forecast, by Application (2021-2034)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Product (2021-2034)

14.5.9.2. Market Revenue and Forecast, by Configuration (2021-2034)

14.5.9.3. Market Revenue and Forecast, by Insulation (2021-2034)

14.5.9.4. Market Revenue and Forecast, by Installation (2021-2034)

14.5.9.5. Market Revenue and Forecast, by Voltage Rating (2021-2034)

14.5.9.6. Market Revenue and Forecast, by Application (2021-2034)

Chapter 15. Company Profiles

15.1. GE

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. ABB

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Eaton

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Schneider

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Siemens

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Hitachi

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Powell

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Hubbell

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Fuji Electric

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. L&T

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

15.11. E+I Engineering

15.11.1. Company Overview

15.11.2. Product Offerings

15.11.3. Financial Performance

15.11.4. Recent Initiatives

15.12. Lucy Electric

15.12.1. Company Overview

15.12.2. Product Offerings

15.12.3. Financial Performance

15.12.4. Recent Initiatives

15.13. Al Hassan Engineering

15.13.1. Company Overview

15.13.2. Product Offerings

15.13.3. Financial Performance

15.13.4. Recent Initiatives

15.14. START

15.14.1. Company Overview

15.14.2. Product Offerings

15.14.3. Financial Performance

15.14.4. Recent Initiatives

15.15. Norelco

15.15.1. Company Overview

15.15.2. Product Offerings

15.15.3. Financial Performance

15.15.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The global power distribution component market size was reached at USD 203.23 billion in 2023 and is projected to hit over USD 203.23 billion by 2034.

Increase in demand for effective T&D control systems and rapid urbanization and industrialization in the developing economies foster the power distribution component market growth.

The global power distribution component market is expected to reach growth at a CAGR of 6% from 2024 to 2034.

The major market player GE, ABB, Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell, Fuji Electric, L&T, E+I Engineering, Lucy Electric, Al Hassan Engineering, START, Norelco, Skema, Mitsubishi, Rittal, Hyundai, Hyosung, and CG.

The North America region will lead the power distribution component market and is expected to grow significantly at a CAGR during the forecast period.

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