An exciting new study from the team of Lucintel has found that the Panelboard Market is expected to grow with a CAGR of 6.7%. There are siginificant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize return on their investment.
Lucintel forecasts that distribution of lighting panelboard is expected to witness higher growth over the forecast period because of expanding demand from end-use sectors like residential, commercial, and industrial structures combined with rising regional power consumption, as well as, rise in government programs for energy-saving measures.
Schneider Electric, Eaton, Siemens, ABB, Legrand, General Electric Company, and Rockwell Automation are the major suppliers in the panelboard market.
Some of the Key Questions answered in this exclusive report are:
Q.1. What are some of the most promising, high-growth opportunities for the panelboard market by product type (distribution or lighting panelboards and appliance panelboards), application (industrial, commercial, residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]