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North America Distribution Panel Market Share

Report ID: GMI8877
Published Date: Apr 2024
Report Format: PDF

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North America Distribution Panel Market Share

ABB maintains a significant share in the North American distribution panel market due to its robust product offerings, technological innovations, and established presence. Its comprehensive range of distribution panels caters to diverse industry needs, consolidating ABB's position as a key player in the region.

North America Distribution Panel Market Companies

Some of the key market players operating across the North America distribution panel industry are:

ABB
alfanar Group
Ardea Technologies
ESL POWER SYSTEMS, INC.
Eaton
General Electric
Hager Group
INDU-ELECTRIC North America, Inc.
INDUSTRIAL ELECTRIC MFG
Legrand
Larsen & Toubro Limited
Meba Electric Co., Ltd
R. STAHL AG
Raycap
Schneider Electric
SDM METRO
Segue Manufacturing Services
Siemens
Spike Electric Controls

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

North America distribution panel industry size was surpassed at USD 1.8 billion in 2023 and will grow at a 4.7% CAGR between 2024 and 2032, driven by region's robust construction and infrastructure development projects coupled with increasing adoption of smart grids and energy management systems.

Flush mounting distribution panel market will record more than 5% industry share by 2032, primarily due to the segment's sleek design, space-saving benefits, and aesthetic appeal for modern residential and commercial settings.

The medium voltage distribution panels will achieve USD 2.3 billion by 2032, propelled by region's extensive infrastructure development, increasing industrialization, and growing demand for reliable power distribution solutions.

Prominent companies including ABB, Ardea Technologies, ESL POWER SYSTEMS, INC., Eaton, General Electric, Hager Group, INDU-ELECTRIC North America, Inc., Legrand, Larsen & Toubro Limited, Meba Electric Co., Ltd, Schneider Electric, SDM METRO, Segue Manufacturing Services, Siemens, Spike Electric Controls are operating in the North America distribution panel industry.