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North America Utility Distribution Panel Market Share

Report ID: GMI10021
Published Date: Jun 2024
Report Format: PDF

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North America Utility Distribution Panel Market Share

North America Utility Distribution Panel Market Company Share Analysis, 2023

ABB plays a significant role in the North American utility distribution panel market, offering innovative solutions tailored to meet the region's evolving needs. With a focus on reliability, efficiency, and grid modernization, ABB's distribution panels are poised to capitalize on the growing demand driven by factors like urbanization, industrialization, and renewable energy integration. ABB's commitment to technological advancement positions it as a key player in shaping the future of the sector.

North America Utility Distribution Panel Market Companies

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

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

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

North America utility distribution panel market reached USD 549.4 million in 2023 and is expected to grow at 4.2% CAGR during 2024-2032, driven by the rising electricity demand.

The medium voltage utility distribution panel segment is projected to exceed USD 770 million by 2032, driven by increasing demand for reliable and efficient power distribution infrastructure across various industries.

U.S. utility distribution panel market is projected to surpass USD 640 million by 2032, attributed to a heightened demand for efficient electricity distribution infrastructure.

Alfanar Group, ABB, Ardea Technologies, Eaton, ESL POWER SYSTEMS, INC, General Electric, INDUSTRIAL ELECTRIC MFG, INDU-ELECTRIC North America, Inc, Legrand among others.