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Power Distribution Component Market Share
- Report ID: GMI3091
- Published Date: Apr 2023
- Report Format: PDF
Power Distribution Component Market Share
Some of the leading companies include:
- General Electric
- ABB
- Eaton
- Schneider Electric
- Siemens
- Hitachi Energy Ltd
- Mitsubishi Electric Corporation
- Fuji Electric FA Components & Systems Co., Ltd
- Hubbell
- Lucy Group Ltd
- Powell Industries
- Hyundai Electric & Energy Systems Co Ltd
- Hyosung Heavy Industries
- L&T Electrical & Automation
- Norelco Oy
- START Electrical Switchgear Assembly LLC
- Rittal GmbH & Co. KG.
Frequently Asked Questions (FAQ) :
The market size of power distribution component was worth USD 200 billion in 2022 and is poised to expand at 8% CAGR during 2023 to 2032, explains GMI report.
Switchgear products captured 45% power distribution component industry share in 2022, due to the rising solar power generation capacity worldwide.
North America power distribution component industry size is estimated to amass USD 99 billion by 2032, owing to the growing investments in grid infrastructure modernization.
General Electric, ABB, Eaton, Schneider Electric, Siemens, Hubbell, Powell Industries, Norelco Oy, and Rittal GmbH & Co. KG. are some of the major manufacturers of power distribution components.
Power Distribution Component Market Scope
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