The power distribution component market is expected to surpass $140 billion by 2025, driven by demand for more efficient transmission and distribution systems and development of electrical infrastructure. Circuit breakers and distribution panels have gained prominence due to their versatility across applications. Indoor power distribution component installations are predicted to grow over 10% annually to 2025 due to space constraints driving compact equipment. The market in Asia Pacific, Middle East, and Africa is growing due to investment in transmission and distribution systems. Major players in the power distribution component market include Eaton, Schneider, GE, ABB, and Siemens.

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Power Distribution Component Market Share, by
Application, Production, Revenue & Forecast to 2025

2. Global Market Scenario of Power Distribution Component Industry
 Power Distribution Component Market will surpass USD 140,000 million by 2025. Growing
demand for efficient transmission and distribution control systems along with ongoing
development of existing electrical infrastructure will augment the industry landscape.
Increasing refurbishment demand of prevailing electrical setup in line with regulatory and
fiscal restructuring & retrofitting across the large-scale manufacturing industries will further
escalate the product demand.
 Circuit breakers and distribution panels in the current industry scenario have gained impetus
owing to their diverse applicability and product versatility across electric distribution
infrastructure. These units yield wide scale deployment across diverse applications ranging
between utility-based distribution network and low voltage suburban infrastructure. The
industry players and manufacturers have shifted their focus towards the effective distribution
and development of these products augmenting the overall power distribution component
market.
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3.  Power distribution component market from indoor installation is predicted to grow at a rate
of over 10% by 2025. Growing space constraints in line with rapid fund allocation in research
and development for the expansion of compact and smart control equipment will boost the
product penetration. Continuous fund flow across commercial and residential establishments
including private and public apartments, educational premises, offices, data and
communication centers coupled with similar space restraint will further sway the business
dynamics.
 Voltage rating have acted as a standard industry protocol toward the installation of power
components reliant on regulatory preference, deployment areas, and the group of products
to be enclosed. Ongoing development of low-voltage distribution infrastructure across
commercial and residential deployments have positively influenced the < 11kV power
distribution component market.
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U.S. Power Distribution Component Market Size, By Application, 2018 & 2025 (USD Million)
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market

5.  The power distribution component market across Asia Pacific, Middle East and Africa has
observed significant growth on account of the growing demand for effective T&D systems.
Rising demand for retrofitting of existing electrical setup coupled with increasing fund
allocation across the power sector will sway the industry growth. In 2018, regulators across
Saudi Arabia have planned a fund flow of USD 133 Billion for its Water and Energy projects.
 Eminent power distribution component market players include Eaton, Schneider, GE, ABB,
L&T, Siemens, Powell, Hitachi, E+I Engineering, START, Al Hassan Engineering, Skema, Hubbell,
Norelco, Rittal, Mitsubishi, Fuji Electric, Hyundai, Lucy Electric, CG and Hyosung.
360° Industry Analysis
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Industry Background

7. Competitive Analysis:
 Eaton
 Schneider
 GE
 ABB
 L&T
 Siemens
 Powell
 Hitachi
 Al Hassan Engineering
 Skema
 Hubbell
 Norelco
 Rittal
 Mitsubishi
 Fuji Electric
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analysis/digital-oilfield-market
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