Pune, India, Sept. 20, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global electric power distribution equipment market was worth USD 1,08,180 million in 2020 and is slated to register a y-o-y growth rate of 3.7% over 2021-2027, to accumulate USD 1,39,510 million by the end of the forecast timeframe.
The research literature fragments the market into several segments with respect to product type, application ambit, and regional scope. The report also incorporates quantitative and qualitative characteristics in terms of all the sub-markets to pinpoint the areas with strong growth potential.
Besides, the study provides a detailed analysis of the competitive landscape by elaborating on product offerings, financials, and key strategies employed by leading players in this business vertical.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/3950944/
Growing demand for electricity, rapid expansion of distribution infrastructure, and widespread adoption of new power generation capacity additions are the primary factors influencing overall industry growth.
For the unversed, an electric power distribution system serves as the final stage in the delivery process of electric power. It supplies electricity from the transmission system to end consumers, while lowering the transmission voltage to 2-35 kV with the help of transformers.
Furthermore, increasing applications of smart grid technology, rising prevalence of advanced metering infrastructure, and the ongoing shift from conventional to modular switchgears are also propelling industry remuneration.
Market segmentation summary
Based on product type, global electric power distribution equipment market is arrayed into transformers, switchgears, and others. By application ambit, the industry classification comprises residential, commercial, and industrial & agriculture segments.
Regional scope
From a regional frame of reference, the research literature spans across North America (Canada, U.S.), Europe (Germany, U.K., France, Russia, Italy, Nordic countries, ROE), Asia-Pacific (Japan, China, South Korea, Australia, Southeast Asia, India, Rest of Asia), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (Turkey, UAE, Saudi Arabia, Rest of MEA).
The report elaborates on the market share, size, and scope of each regional segment to provide in-depth understanding of the market dynamics.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
Competitive landscape
The prominent players in global electric power distribution equipment marketplace are Toshiba Corp., Mitsubishi Electric Corp., Hitachi Ltd., Schneider Electric SE, and General Electric Co. among others.
The competitive landscape encompasses both small scale private companies and large multinational corporations. However, about 37.84% of the total industry revenue share is captured by the top 10 equipment manufacturers in this domain.
Global Electric Power Distribution Equipment Market by Product Type (Revenue, USD Million, 2016-2027)
- Transformers
- Switchgears
- Others
Global Electric Power Distribution Equipment Market by Application Scope (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
- Industrial & Agriculture
Global Electric Power Distribution Equipment Market Regional Outlook (Revenue, USD Million, 2016-2027)
North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Global Electric Power Distribution Equipment Market Competitive dashboard (Revenue, USD Million, 2016-2027)
- Baoding Tianwei Baobian Electric Co. Ltd. (BTW)
- Shanghai Electric Group Co. Ltd.
- China XD Electric Co. Ltd.
- TBEA Co. Ltd.
- Hyosung Corp.
- Alstom SA
- Fuji Electric Co. Ltd.
- Toshiba Corp.
- Hitachi Ltd.
- Mitsubishi Electric Corp.
- General Electric Co.
- Schneider Electric SE
- Siemens AG
- Eaton Corp.
- ABB Ltd.
Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electric Power Distribution Equipment Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Transformers
1.2.3 Switchgears
1.2.4 Others
1.3 Market by Application
1.3.1 Global Electric Power Distribution Equipment Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Residential
1.3.3 Industrial and Agriculture
1.3.4 Commercial
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Electric Power Distribution Equipment Market Perspective (2016-2027)
2.2 Electric Power Distribution Equipment Growth Trends by Regions
2.3 Electric Power Distribution Equipment Industry Dynamic
2.3.1 Electric Power Distribution Equipment Market Trends
2.3.2 Electric Power Distribution Equipment Market Drivers
2.3.3 Electric Power Distribution Equipment Market Challenges
2.3.4 Electric Power Distribution Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electric Power Distribution Equipment Players by Revenue
3.2 Global Electric Power Distribution Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Electric Power Distribution Equipment Revenue
3.4 Global Electric Power Distribution Equipment Market Concentration Ratio
3.4.1 Global Electric Power Distribution Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electric Power Distribution Equipment Revenue in 2020
3.5 Electric Power Distribution Equipment Key Players Head office and Area Served
4 Electric Power Distribution Equipment Breakdown Data by Type
4.1 Global Electric Power Distribution Equipment Historic Market Size by Type (2016-2021)
4.2 Global Electric Power Distribution Equipment Forecasted Market Size by Type (2022-2027)
5 Electric Power Distribution Equipment Breakdown Data by Application
5.1 Global Electric Power Distribution Equipment Historic Market Size by Application (2016-2021)
5.2 Global Electric Power Distribution Equipment Forecasted Market Size by Application (2022-2027)
6 North America
6.1 North America Electric Power Distribution Equipment Market Size (2016-2027)
6.2 North America Electric Power Distribution Equipment Market Size by Type
6.2.1 North America Electric Power Distribution Equipment Market Size by Type (2016-2021)
6.2.2 North America Electric Power Distribution Equipment Market Size by Type (2022-2027)
6.2.3 North America Electric Power Distribution Equipment Market Size by Type (2016-2027)
6.3 North America Electric Power Distribution Equipment Market Size by Application
7 Europe
7.1 Europe Electric Power Distribution Equipment Market Size (2016-2027)
7.2 Europe Electric Power Distribution Equipment Market Size by Type
7.2.1 Europe Electric Power Distribution Equipment Market Size by Type (2016-2021)
7.2.2 Europe Electric Power Distribution Equipment Market Size by Type (2022-2027)
7.2.3 Europe Electric Power Distribution Equipment Market Size by Type (2016-2027)
7.3 Europe Electric Power Distribution Equipment Market Size by Application
8 Asia-Pacific
8.1 Asia-Pacific Electric Power Distribution Equipment Market Size (2016-2027)
8.2 Asia-Pacific Electric Power Distribution Equipment Market Size by Type
8.2.1 Asia-Pacific Electric Power Distribution Equipment Market Size by Type (2016-2021)
8.2.2 Asia-Pacific Electric Power Distribution Equipment Market Size by Type (2022-2027)
8.2.3 Asia-Pacific Electric Power Distribution Equipment Market Size by Type (2016-2027)
8.3 Asia-Pacific Electric Power Distribution Equipment Market Size by Application
9 Latin America
9.1 Latin America Electric Power Distribution Equipment Market Size (2016-2027)
9.2 Latin America Electric Power Distribution Equipment Market Size by Type
9.2.1 Latin America Electric Power Distribution Equipment Market Size by Type (2016-2021)
9.2.2 Latin America Electric Power Distribution Equipment Market Size by Type (2022-2027)
9.2.3 Latin America Electric Power Distribution Equipment Market Size by Type (2016-2027)
9.3 Latin America Electric Power Distribution Equipment Market Size by Application
10 Middle East & Africa
10.1 Middle East & Africa Electric Power Distribution Equipment Market Size (2016-2027)
10.2 Middle East & Africa Electric Power Distribution Equipment Market Size by Type
10.2.1 Middle East & Africa Electric Power Distribution Equipment Market Size by Type (2016-2021)
10.2.2 Middle East & Africa Electric Power Distribution Equipment Market Size by Type (2022-2027)
10.2.3 Middle East & Africa Electric Power Distribution Equipment Market Size by Type (2016-2027)
10.3 Middle East & Africa Electric Power Distribution Equipment Market Size by Application
11 Key Players Profiles
Related Report:
Power Rental Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2021 - 2027
The power rental market is expected to witness substantial growth by 2027 due to increasing energy demand across the globe and prevalent use of electrical appliances. In addition, accelerating adoption of solar power for varied applications is also expected to create numerous growth opportunities for industry participants in the coming years. During the COVID-19 pandemic, overall power demand in commercial buildings and manufacturing plants dropped massively. However, energy consumption for housing applications rose by around 30% over the 2020 lockdown period. The increase in household power demand was driven by higher occupancy patterns during the day due to extended stay-at-home regulations. As a result, there was a surge in the use of energy intensive systems, such as lighting, air conditioning, heating, and appliances. The Latin America power rental market is expected to expand at a steady pace over 2021-2027. Increased deployment across the healthcare sector, coupled with rising demand from commercial facilities like hotels, airports, and public establishments, is expected to enhance industry outlook through the projected timeline.
Global Power Distribution Unit Market Size and Regional Forecasts 2020-2027
Global Power Distribution Unit Market size to reach USD 6.40 billion by 2027. Global Power Distribution Unit Market is valued approximately USD 3.70 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.10% over the forecast period 2020-2027. The power distribution unit or main distribution unit is a device widely used for distribution of electric power, which is designed and fitted with multiple outputs to do so. It has a commendable role in data center to supply electricity to computers and networking equipment. It resolves the problems associated with data centers regarding power protection and management solution, and further helps in improving efficiency, uptime, and growth of data centers. The global pandemic of COVID-19 favorably affected the growth of market. The data centers and communication infrastructure industries are expected to rise in upcoming period in COVID-19 period with strategic investment made to support the increased network traffic and data usage for remote working while the time phase of lockdown.
About US:
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.
