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Global Electrical Panels Market Research Report 2025
Synopsis
An electrical panel is nothing but a load control center. All the electrical actions such as power distribution, power transmission, power system protection are performed by using electrical panel only.
The global Electrical Panels market was valued at US$ 2795 million in 2023 and is anticipated to reach US$ 3590.7 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
Global Electrical Panels key players include Schneider Electric, Eaton, ABB, Siemens, GE, etc. Global top five manufacturers hold a share over 55%.
North America is the largest market, with a share nearly 40%, followed by Europe and Asia-Pacific both have a share about 45 percent.
In terms of product, Main Breaker Type is the largest segment, with a share over 65%. And in terms of application, the largest application is Residential, followed by Commercial Applications.
This report aims to provide a comprehensive presentation of the global market for Electrical Panels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Panels.
Report Scope
The Electrical Panels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electrical Panels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Panels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schneider Electric
Eaton
ABB
Siemens
GE
Leviton
Legrand
Hager
Penbro Kelnick
Paneltronics
Altınsoy Enerji
Segment by Type
Main Breaker
Main Lugs
Segment by Application
Residential
Commercial
Other
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electrical Panels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electrical Panels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electrical Panels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
An electrical panel is nothing but a load control center. All the electrical actions such as power distribution, power transmission, power system protection are performed by using electrical panel only.
The global Electrical Panels market was valued at US$ 2795 million in 2023 and is anticipated to reach US$ 3590.7 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
Global Electrical Panels key players include Schneider Electric, Eaton, ABB, Siemens, GE, etc. Global top five manufacturers hold a share over 55%.
North America is the largest market, with a share nearly 40%, followed by Europe and Asia-Pacific both have a share about 45 percent.
In terms of product, Main Breaker Type is the largest segment, with a share over 65%. And in terms of application, the largest application is Residential, followed by Commercial Applications.
This report aims to provide a comprehensive presentation of the global market for Electrical Panels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Panels.
Report Scope
The Electrical Panels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electrical Panels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Panels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schneider Electric
Eaton
ABB
Siemens
GE
Leviton
Legrand
Hager
Penbro Kelnick
Paneltronics
Altınsoy Enerji
Segment by Type
Main Breaker
Main Lugs
Segment by Application
Residential
Commercial
Other
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electrical Panels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electrical Panels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electrical Panels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electrical Panels Market Overview
1.1 Product Definition
1.2 Electrical Panels Segment by Type
1.2.1 Global Electrical Panels Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Main Breaker
1.2.3 Main Lugs
1.3 Electrical Panels Segment by Application
1.3.1 Global Electrical Panels Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Electrical Panels Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electrical Panels Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electrical Panels Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electrical Panels Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electrical Panels Production Market Share by Manufacturers (2019-2024)
2.2 Global Electrical Panels Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electrical Panels, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electrical Panels Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electrical Panels Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electrical Panels, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electrical Panels, Product Offered and Application
2.8 Global Key Manufacturers of Electrical Panels, Date of Enter into This Industry
2.9 Electrical Panels Market Competitive Situation and Trends
2.9.1 Electrical Panels Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electrical Panels Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electrical Panels Production by Region
3.1 Global Electrical Panels Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electrical Panels Production Value by Region (2019-2030)
3.2.1 Global Electrical Panels Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electrical Panels by Region (2025-2030)
3.3 Global Electrical Panels Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electrical Panels Production by Region (2019-2030)
3.4.1 Global Electrical Panels Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electrical Panels by Region (2025-2030)
3.5 Global Electrical Panels Market Price Analysis by Region (2019-2024)
3.6 Global Electrical Panels Production and Value, Year-over-Year Growth
3.6.1 North America Electrical Panels Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electrical Panels Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Electrical Panels Production Value Estimates and Forecasts (2019-2030)
3.6.4 China Electrical Panels Production Value Estimates and Forecasts (2019-2030)
4 Electrical Panels Consumption by Region
4.1 Global Electrical Panels Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electrical Panels Consumption by Region (2019-2030)
4.2.1 Global Electrical Panels Consumption by Region (2019-2024)
4.2.2 Global Electrical Panels Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electrical Panels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electrical Panels Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electrical Panels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electrical Panels Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electrical Panels Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electrical Panels Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electrical Panels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electrical Panels Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electrical Panels Production by Type (2019-2030)
5.1.1 Global Electrical Panels Production by Type (2019-2024)
5.1.2 Global Electrical Panels Production by Type (2025-2030)
5.1.3 Global Electrical Panels Production Market Share by Type (2019-2030)
5.2 Global Electrical Panels Production Value by Type (2019-2030)
5.2.1 Global Electrical Panels Production Value by Type (2019-2024)
5.2.2 Global Electrical Panels Production Value by Type (2025-2030)
5.2.3 Global Electrical Panels Production Value Market Share by Type (2019-2030)
5.3 Global Electrical Panels Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electrical Panels Production by Application (2019-2030)
6.1.1 Global Electrical Panels Production by Application (2019-2024)
6.1.2 Global Electrical Panels Production by Application (2025-2030)
6.1.3 Global Electrical Panels Production Market Share by Application (2019-2030)
6.2 Global Electrical Panels Production Value by Application (2019-2030)
6.2.1 Global Electrical Panels Production Value by Application (2019-2024)
6.2.2 Global Electrical Panels Production Value by Application (2025-2030)
6.2.3 Global Electrical Panels Production Value Market Share by Application (2019-2030)
6.3 Global Electrical Panels Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schneider Electric
7.1.1 Schneider Electric Electrical Panels Corporation Information
7.1.2 Schneider Electric Electrical Panels Product Portfolio
7.1.3 Schneider Electric Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schneider Electric Main Business and Markets Served
7.1.5 Schneider Electric Recent Developments/Updates
7.2 Eaton
7.2.1 Eaton Electrical Panels Corporation Information
7.2.2 Eaton Electrical Panels Product Portfolio
7.2.3 Eaton Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Eaton Main Business and Markets Served
7.2.5 Eaton Recent Developments/Updates
7.3 ABB
7.3.1 ABB Electrical Panels Corporation Information
7.3.2 ABB Electrical Panels Product Portfolio
7.3.3 ABB Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 Siemens
7.4.1 Siemens Electrical Panels Corporation Information
7.4.2 Siemens Electrical Panels Product Portfolio
7.4.3 Siemens Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Siemens Main Business and Markets Served
7.4.5 Siemens Recent Developments/Updates
7.5 GE
7.5.1 GE Electrical Panels Corporation Information
7.5.2 GE Electrical Panels Product Portfolio
7.5.3 GE Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GE Main Business and Markets Served
7.5.5 GE Recent Developments/Updates
7.6 Leviton
7.6.1 Leviton Electrical Panels Corporation Information
7.6.2 Leviton Electrical Panels Product Portfolio
7.6.3 Leviton Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Leviton Main Business and Markets Served
7.6.5 Leviton Recent Developments/Updates
7.7 Legrand
7.7.1 Legrand Electrical Panels Corporation Information
7.7.2 Legrand Electrical Panels Product Portfolio
7.7.3 Legrand Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Legrand Main Business and Markets Served
7.7.5 Legrand Recent Developments/Updates
7.8 Hager
7.8.1 Hager Electrical Panels Corporation Information
7.8.2 Hager Electrical Panels Product Portfolio
7.8.3 Hager Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hager Main Business and Markets Served
7.7.5 Hager Recent Developments/Updates
7.9 Penbro Kelnick
7.9.1 Penbro Kelnick Electrical Panels Corporation Information
7.9.2 Penbro Kelnick Electrical Panels Product Portfolio
7.9.3 Penbro Kelnick Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Penbro Kelnick Main Business and Markets Served
7.9.5 Penbro Kelnick Recent Developments/Updates
7.10 Paneltronics
7.10.1 Paneltronics Electrical Panels Corporation Information
7.10.2 Paneltronics Electrical Panels Product Portfolio
7.10.3 Paneltronics Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Paneltronics Main Business and Markets Served
7.10.5 Paneltronics Recent Developments/Updates
7.11 Altınsoy Enerji
7.11.1 Altınsoy Enerji Electrical Panels Corporation Information
7.11.2 Altınsoy Enerji Electrical Panels Product Portfolio
7.11.3 Altınsoy Enerji Electrical Panels Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Altınsoy Enerji Main Business and Markets Served
7.11.5 Altınsoy Enerji Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electrical Panels Industry Chain Analysis
8.2 Electrical Panels Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electrical Panels Production Mode & Process
8.4 Electrical Panels Sales and Marketing
8.4.1 Electrical Panels Sales Channels
8.4.2 Electrical Panels Distributors
8.5 Electrical Panels Customers
9 Electrical Panels Market Dynamics
9.1 Electrical Panels Industry Trends
9.2 Electrical Panels Market Drivers
9.3 Electrical Panels Market Challenges
9.4 Electrical Panels Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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