+1-888-308-5802     
News Contact Us

Power Distribution Component Market in U.S to exceed an annual installation of 9,000 ‘000 units by 2025

Author : Rahul Sankrityayan | Published Date : 2019-04-16 

Power distribution component market across the U.S. is predicted to exceed an annual installation of 9,000 ‘000 units by 2025. Increase in demand owing to rising investment towards the expansion of long-distance distribution infrastructure & retrofitting of domestic electric networks have amplified the industry outlook. In 2018, the U.S. Government led proposals to invest USD 10 billion for the development of new electric infrastructure, which is expected to decrease the curtailment rate across the regional grid networks.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3091

1250 pages

2157 market data tables

46 figures 

Power Distribution Component Market size will exceed USD 140 billion by 2025.Growing demand for refurbishment & retrofitting of existing electrical setup along with fiscal & regulatory restructuring across the large-scale industries will boost the global power distribution component market. Lack of reliable and efficient electric network across the emerging nations coupled with industrial inclination towards the advancement of existing electrical infrastructure have positively influenced the industry outlook.

Motor control panels have been a prominent breakthrough favoring the power distribution component market dynamics in ways to suit a hoard of applications. These products provide effective insulation for grid infrastructure and are best suited for motor-connected applications to resist vibrational hindrances & variable speed resonance. Distribution components have been largely deployed over the years; however, the ability to sustain across a network with excess fitting accessories provides these products a competitive edge over its counterparts.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3091

Fixed mounted power distribution component market has been anticipated to exceed USD 80,000 million by 2025. These units have gained application across high voltage industrial & utility distribution infrastructure owing to robust product build quality and stationary integration. Although, these products find applicability across residential and commercial distribution infrastructure however, the business prospects have primarily been influenced by their adoption across relatively higher voltage electric networks.

Vacuum insulation in 2018 valued over 50% of the overall power distribution component market size. High consumer reliability, lesser competitive influence from various auxiliary insulated components, economical price, leakage-free technology and operational reliability have been essential characteristics strengthening the product adoption. Although, the units incur higher initial costs when compared to other available technologies however, consumer inclination and utility preference has supported its installation on account of lower maintenance costs and longer lifecycle.

Electricity demand across the gulf, Africa & APAC regions has pre-dominantly been driven by its ongoing and planned commercial expansions. Henceforth, the demand for distribution components to cater the energy demand across these establishments have distinctly been high when compared to other auxiliary applications. Furthermore, growing focus towards the development of commercial zones coupled with high-end investment flow across the sector will significantly drive the power distribution component market growth.
 

Eminent power distribution component market players include ABB, GE, Eaton, Siemens, Schneider, Hitachi, Hubbell, Powell, Fuji Electric, E+I Engineering, L&T, Lucy Electric, START, Norelco, Al Hassan Engineering, Skema, Rittal, Hyundai, Mitsubishi, Hyosung, and CG.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/power-distribution-component-market

Power Distribution Component Market, By Product

  • Switchgear
  • Switchboard
  • Distribution Panel
  • Motor Control Panels
  • Others

Power Distribution Component Market, By Configuration

  • Fixed Mounting
  • Plug-in
  • Withdrawable

Power Distribution Component Market, By Voltage Rating

  • < 11 kV
  • 11 to 33 kV
  • > 33 to 66 kV
  • > 66 to 132 kV

Related Report:

 Levant Power Cable Market - https://www.marketwatch.com/press-release/levant-power-cable-market-by-industry-trend-growth-and-regional-forecast-2019-2024-2019-04-09

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Gourmet Salt Market driven by culinary & preserving applications in food industry, Europe to emerge as strong regional contender

Published Date: 2019-04-19         Author: Rahul Sankrityayan

Gourmet salt market has undoubtedly embarked on a profitable path over the recent past years, with restaurateurs and chefs seeking to unveil its culinary potential. There has been a paradigm shift in the business model of the hospitality sector, where consumers are not only interested in the taste f... Read More

Rice protein market valuation hit USD 115 million by 2024, Europe to majorly influence the regional landscape

Published Date: 2019-04-19         Author: Rahul Sankrityayan

Rice protein market is extensively characterized by novel product launches and lucrative mergers & acquisitions by major corporations. For instance, in August 2017, Bounce, a leading healthy snack making firm based in Australia, has introduced a new kind of vegetarian & plant-based protein p... Read More

Brewing Enzymes Market Trends Analysis Growth Forecast Insights 2024

Published Date: 2019-04-19         Author: Rahul Sankrityayan

Brewing enzymes market has lately been on an explosive growth path with the rising popularity of beer consumption. While the drinking of beer has held a strong place in the culture of various European and North American nations, the rising levels of disposable incomes in emerging nations and the gro... Read More

© 2019 Fractovia. All Rights Reserved