Electric Control Panel Market, By Type (Automation and Instrumentation, Power and Control, Power and Distribution, and DG Control), By Voltage (Medium, High, and Low), By End-use Industry (Chemicals, Oil & Gas, Pharmaceuticals, Utilities & Energy, and Oth
Description
The global electric control panel market has been witnessing significant growth in recent years. An electric control panel is a cabinet where controls for machines and processes are mounted. It houses all components required for controlling, protecting and monitoring industrial machinery and equipment. Control panels are customized as per the requirements of a particular industry or manufacturing process. Rising automation and digital transformation across industries has fueled demand for intelligent electric control panels with remote monitoring capabilities. Advancements in control systems, connectivity solutions and networking technologies have enabled development of more sophisticated control panels. Going forward, the market is expected to grow further driven by increasing focus on industrial automation, especially in the manufacturing sector.
Market Dynamics:
Global electric control panel market is driven by rapid industrialization and growing automation across industries. Increasing investments in manufacturing facilities and adoption of advanced machinery have propelled installations of electric control panels. Several industries such as oil & gas, chemicals, food & beverages, power, and automotive are increasingly automating their operations, thus augmenting market revenues. Additionally, development of smart factories and implementation of Industry 4.0 concepts have increased deployment of digital and networked control systems. This presents lucrative opportunities for vendors. However, high initial costs associated with electric control panels hampers their widespread adoption, especially in price-sensitive markets. Infrastructural challenges and lack of technical expertise in some regions like North America and Europe also restrain market growth. Nonetheless, emergence of internet of things (IoT) and cloud-based solutions is expected to present new growth avenues for market players.
Key features of the study:
Market Dynamics:
Global electric control panel market is driven by rapid industrialization and growing automation across industries. Increasing investments in manufacturing facilities and adoption of advanced machinery have propelled installations of electric control panels. Several industries such as oil & gas, chemicals, food & beverages, power, and automotive are increasingly automating their operations, thus augmenting market revenues. Additionally, development of smart factories and implementation of Industry 4.0 concepts have increased deployment of digital and networked control systems. This presents lucrative opportunities for vendors. However, high initial costs associated with electric control panels hampers their widespread adoption, especially in price-sensitive markets. Infrastructural challenges and lack of technical expertise in some regions like North America and Europe also restrain market growth. Nonetheless, emergence of internet of things (IoT) and cloud-based solutions is expected to present new growth avenues for market players.
Key features of the study:
- This report provides in-depth analysis of the global electric control panel market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global electric control panel market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Siemens AG, ABB Ltd., Schneider Electric, General Electric Company, Mitsubishi Electric Corporation, and Eaton Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global electric control panel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric control panel market.
- By Type Insights (Revenue, USD, 2020 - 2032)
- Automation and Instrumentation
- Power and Control
- Power and Distribution
- DG Control
- By Voltage Insights (Revenue, USD, 2020 - 2032)
- Medium
- High
- Low
- By End-user Industry Insights (Revenue, USD, 2020 - 2032)
- Chemicals
- Oil & Gas
- Pharmaceuticals
- Utilities & Energy
- Other
- By Regional Insights (Revenue, USD, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Siemens AG
- Schneider Electric
- ABB Ltd
- General Electric (GE)
- Eaton
- Rockwell Automation
- Larsen & Toubro
- Mitsubishi Electric
- Omron Corporation
Table of Contents
145 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Voltage
- Market Snippet, By End-use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, And Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Recent Developments/Updates
- Industry Trend
- 4. Global Electric Control Panel Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Smart Payment Systems Market – COVID-19
- Impact Analysis
- 5. Global Electric Control Panel Market, By Type, 2020-2032, (USD BN)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Automation and Instrumentation
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Power and Control
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Power and Distribution
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- DG Control
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- 6. Global Electric Control Panel Market, By Voltage, 2025-2032, (USD BN)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Medium
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- High
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Low
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- 7. Global Electric Control Panel Market, By End-use Industry, 2025-2032, (USD BN)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Chemicals
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Oil & Gas
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Pharmaceuticals
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Utilities & Energy
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Other
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- 8. Global Electric Control Panel Market, By Region, 2020 - 2032, Value (USD BN)
- Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- North America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020- 2032, (US$ Bn)
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020- 2032, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020- 2032, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020- 2032, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020- 2032, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
- Market Size and Forecast, By Type, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Voltage, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2020- 2032, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2020- 2032, (US$ Bn)
- South Africa
- North Africa
- Central Africa
- 9. Competitive Landscape
- Siemens AG
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Schneider Electric
- ABB Ltd
- General Electric (GE)
- Eaton
- Rockwell Automation
- Larsen & Toubro
- Mitsubishi Electric
- Omron Corporation
- 10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 11. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Global Electric Control Panel Market' - Global forecast to 2032
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