The Story of Distribution Boards Market and its Revenue till
2021
Distribution Boards Market: Size, Status, Share, Forecast to
2021
Distribution Boards Market Cross Revenue of $5.91 Billion
by 2021
Distribution Boards Market Strategy with Growth Analysis
till 2021
This is The Most Important Revenue Impact Resources in
Distribution Boards Market
The distribution boards market is projected to grow from an estimated USD 4.33 Billion in 2016
to USD 5.91 Billion by 2021, registering a CAGR of 6.4% from 2016 to 2021. Factors such as
growing investments in transmission & distribution infrastructure and increasing construction
and infrastructural activities are driving the global market for distribution boards.
To enable an in-depth understanding of the competitive landscape, the report includes profiles
of some of the leading players in the electric distribution boards market including ABB Ltd.
(Switzerland), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (France), and
Eaton Corporation (Ireland). These players are trying to penetrate developing economies and are
adopting various methods to increase their market share.
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The distribution boards market is primarily driven by the growing need to protect electrical
networks and components, increasing transmission & distribution activities, power generation
capacity additions, growth in the manufacturing and process industries, and rising commercial and
residential construction activities.