Energy and Power Distribution Boards MarketThe global distribution
No Matter What You Know About the Distribution Boards
Market, This Report Surely Enough
In-depth understanding of the competitive landscape of
Distribution Boards Market
A Good and Bad Things of Distribution Boards Market and
its Revenue
Distribution Boards Market is Projected to USD 5.91 Billion
by 2021
This are The Most Important Revenue Impact Resources in
Distribution Boards Market
The global distribution boards market is projected to reach USD 5.91 billion by 2021, growing
at a CAGR of 6.4% from 2016 to 2021. This growth can be attributed to the rise in construction
and infrastructural activities, increasing power generation, and increasing upgradation of
transmission & distribution infrastructure, triggered by the rising energy demand.
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 need to protect electrical devices and network components is expected to drive the demand for
power distribution boards during the forecast period. Electricity access is increasing in countries
across the world, with the emerging economies of regions such as Asia-Pacific and Africa receiving
foreign investments to develop their electricity infrastructure. Most developing countries have
started shifting from an agrarian economy to the industrial and service sectors, thereby increasing
the rate of urbanization.