Global Power Distribution Component Market Growth (Status and Outlook) 2025-2031

According to this study, the global Power Distribution Component market size will reach US$ 107580 million by 2031.

United States market for Power Distribution Component is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Power Distribution Component is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Power Distribution Component is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Power Distribution Component players cover General Electric, ABB Limited, Eaton Corporation, Schneider Electric, Siemens, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Power Distribution Component Industry Forecast” looks at past sales and reviews total world Power Distribution Component sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Distribution Component sales for 2025 through 2031. With Power Distribution Component sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Distribution Component industry.

This Insight Report provides a comprehensive analysis of the global Power Distribution Component landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Distribution Component portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Distribution Component market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Distribution Component and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Distribution Component.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Distribution Component market by product type, application, key players and key regions and countries.

Segmentation by Type:
Switchgear
Switchboard
Distribution Panel
Motor Control Panels
Others

Segmentation by Application:
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
ABB Limited
Eaton Corporation
Schneider Electric
Siemens
Hitachi Limited
Powell Industries
Hubbell Power Systems
Fuji Electric
L&T Electrical and Automation
E + I Engineering Ltd.
Lucy Electric UK Ltd.
Al Hassan Engineering Co. S.A.O.G.
START Electrical Switchgear Assembly LLC.
Norelco Oy
Skema S.p.A.
Mitsubishi Electric Corporation
Rittal GmbH & Co., KG
Hyundai Electric & Energy Systems
Hyosung Corporation
Crompton Greaves

Please note: The report will take approximately 2 business days to prepare and deliver. Show more