Distribution Board Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the distribution board industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected distribution board market growth numbers 2021-2030.
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The Distribution Board Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global distribution board market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Distribution Board Global Market Report 2021 covers distribution board market drivers, distribution board market trends, distribution board market growth rate, distribution board market major players, player-adopted strategies in the market, and distribution board market size.
The global distribution board market is expected to grow from $4.39 billion in 2020 to $5.19 billion in 2021 at a compound annual growth rate (CAGR) of 18.2%. The growth is mainly due to increase in electricity demand which can be attributed to the growing urbanization and growing demand for electronics. The market is expected to reach $8.01 billion in 2025 at a CAGR of 11.5%.
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The report covers the distribution board market segments-
1) By Voltage: Low Voltage, Medium Voltage
2) By Mounting: Flush Mounting, Surface Mounting
3) By End-User: Transmission And Distribution Utilities, Manufacturing And Process Industries, Commercial And Residential Infrastructure, Others
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