The distribution board is an assembly of fuses or miniature circuit breakers (MCBs) arranged for the distribution of electricity to final circuits as well as other distribution boards. It is the main electrical supply system for industrial and residential entities. It facilitates the drawing of power by individual circuits from circuit-breakers, which can be individually isolated when needed, without disrupting the rest of the power supply. Besides, the distribution board protects the circuits and electrical equipment with the help of a protective fuse or circuit breaker for each circuit within a common enclosure.
MARKET DYNAMICS
The distribution boards market is anticipated to grow in the forecast period owing to the increasing construction activities coupled with the growing necessity for protection of electrical devices and network components. Rising penetration of electricity in developing regions is another factor expected to fuel the growth of distribution boards market. However, market growth is negatively impacted due to product failures. On the other hand, the distribution boards market is likely to showcase significant opportunities with the adoption of smart grid technology and refurbishment of power infrastructure during the forecast period.
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Companies Mentioned:
- ABB Group
- Arabian Gulf Switchgear (AGS)
- Eaton Corporation
- ESL Power Systems, Inc.
- Hager Group
- Larsen & Toubro Limited
- Legrand
- NHP Electrical Engineering Products Pty Ltd
- Schneider Electric
- Siemens AG
This market research report administers a broad view of the Distribution Boards market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Distribution Boards market’s growth in terms of revenue.
The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Distribution Boards market growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Distribution Boards market through the segments and sub-segments.
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The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The Distribution Boards Market report also analyzes factors affecting Distribution Boards market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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