Asia Pacific Electric Control Panel Market Forecast to 2030

Report Code : BMIRE00026062 | Region : Asia Pacific | Industry : Electronics and Semiconductor | Published Date : 19/Sep/2022

Asia Pacific Electric Control Panel Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Form (Enclosed and Open), Type (Low Tension and Medium and High Tension), and Industry (Manufacturing, Chemical, Automotive, Food and Beverages, Power, Oil and Gas, Pharmaceutical, Aerospace and Defense, and Others)

The APAC electric control panel market is expected to grow from US$ 2,302.07 million in 2022 to US$ 4,005.95 million by 2030; it is estimated to grow at a CAGR of 7.2% from 2022 to 2030.

The implementation of Industry 4.0 results in full automation of manufacturing processes, requiring little to negligible human interference. Industry 4.0 combines the Industrial Internet of Things (IIoT), cyber-physical systems, cloud robotics, cloud computing, and Big Data. Automation has stirred the industrial sector, drastically changed production practices, and reduced manufacturing time and production costs. Manufacturers rely on Big Data and data analytics to improve the efficiency, productivity, security, and cost-effectiveness of their operations due to the rising popularity and adoption of the IoT and Industry 4.0. As many operations are being automated in the manufacturing sector, secure wireless networking has the potential to enable factory automation on a far greater scale. PaaS is a type of cloud computing service that lets users provide, run, and manage a modular package that includes a computer platform and one or more applications. This can be done without constructing and maintaining the infrastructure, which is generally associated with developing and launching the applications. Software as a Service (SaaS), also known as on-demand software, is a software distribution, licensing, and delivery paradigm in which software is licensed and hosted centrally on a subscription basis. Service providers offer consumers online access to applications developed by them. Instead of installing software on users’ computers, this service allows them to access programs via the internet. SaaS allows users to have more control and understanding over their projects. The IIoT allows panel makers to provide their industrial manufacturing customers with cutting-edge control panels, which help them manage their automated and robotic systems. Further, the industrial transformation toward digitalization is converting manual processes into digital processes in the manufacturing sector, which is expected to support the growth of the electric control panel market in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC electric control panel market. The APAC electric control panel market is expected to grow at a good CAGR during the forecast period.

APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

APAC Electric Control Panel Market Segmentation

The APAC electric control panel market is segmented based on form, type, industry, and country. Based on form, the APAC electric control panel market is bifurcated into enclosed and open. The open segment dominated the market in 2022. Based on type, the APAC electric control panel market is bifurcated into low tension and medium and high tension. The medium and high-tension segment dominated the market in 2022. Based on industry, the APAC electric control panel market is segmented into manufacturing, chemical, automotive, food and beverages, power, oil and gas, pharmaceutical, aerospace and defense, and others. The power segment dominated the market in 2022. Based on country, the APAC electric control panel market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC. China would dominate the market in 2022.

ABB Ltd; Cetal; Eaton; Leviton Manufacturing Co., Inc.; Rittal Gmbh & Co. KG; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; and SIMON PROtec are among the leading companies in the APAC electric control panel market.

The List of Companies - Asia Pacific Electric Control Panel Market

● ABB Ltd

● Cetal

● Eaton

● Leviton Manufacturing Co., Inc.

● Rittal Gmbh & Co. KG

● Rockwell Automation, Inc.

● Schneider Electric SE

● Siemens AG

● SIMON PROtec

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Electric Control Panel Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Electric Control Panel Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Demand for Factory Automation

5.1.2 Increase in Use of Electric Panels in Mobile Machinery

5.2 Market Restraints

5.2.1 High Replacement and Deployment Costs, and Regulatory Non-Compliance

5.3 Market Opportunities

5.3.1 Need for Higher Quality Control and Panel Fabrication

5.4 Future Trends

5.4.1 Integration of Advanced Computing Services

5.5 Impact Analysis of Drivers and Restraints

6. Electric Control Panel Market – APAC Analysis

6.1 APAC Electric Control Panel Market Overview

6.2 APAC Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

7. APAC Electric Control Panel Market Analysis – By Form

7.1 Overview

7.2 APAC Electric Control Panel Market, by Form (2021 and 2030)

7.3 Enclosed

7.3.1 Overview

7.3.2 Enclosed: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

7.4 Open

7.4.1 Overview

7.4.2 Open: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

8. APAC Electric Control Panel Market Analysis – By Type

8.1 Overview

8.2 APAC Electric Control Panel Market, By Type (2021 and 2030)

8.3 Low Tension

8.3.1 Overview

8.3.2 Low Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

8.4 Medium and High Tension

8.4.1 Overview

8.4.2 Medium and High Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9. APAC Electric Control Panel Market Analysis – By Industry

9.1 Overview

9.2 APAC Electric Control Panel Market, By Industry (2021 and 2030)

9.3 Manufacturing

9.3.1 Overview

9.3.2 Manufacturing: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.4 Chemical

9.4.1 Overview

9.4.2 Chemical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.5 Automotive

9.5.1 Overview

9.5.2 Automotive: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.6 Food & Beverages

9.6.1 Overview

9.6.2 Food & Beverages: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.7 Power

9.7.1 Overview

9.7.2 Power: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.8 Oil & Gas

9.8.1 Overview

9.8.2 Oil & Gas: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.9 Pharmaceutical

9.9.1 Overview

9.9.2 Pharmaceutical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.10 Aerospace and Defense

9.10.1 Overview

9.10.2 Aerospace and Defense: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.11 Others

9.11.1 Overview

9.11.2 Others: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

10. APAC Electric Control Panel Market – Country Analysis

10.1 Overview

10.1.1 APAC Electric Control Panel Market Breakdown, By Country

10.1.1.1 Australia Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.1.1 Australia Electric Control Panel Market Breakdown, By Form

10.1.1.1.2 Australia Electric Control Panel Market Breakdown, By Type

10.1.1.1.3 Australia Electric Control Panel Market Breakdown, By Industry

10.1.1.2 China Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.2.1 China Electric Control Panel Market Breakdown, By Form

10.1.1.2.2 China Electric Control Panel Market Breakdown, By Type

10.1.1.2.3 China Electric Control Panel Market Breakdown, By Industry

10.1.1.3 Japan Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.3.1 Japan Electric Control Panel Market Breakdown, By Form

10.1.1.3.2 Japan Electric Control Panel Market Breakdown, By Type

10.1.1.3.3 Japan Electric Control Panel Market Breakdown, By Industry

10.1.1.4 India Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.4.1 India Electric Control Panel Market Breakdown, By Form

10.1.1.4.2 India Electric Control Panel Market Breakdown, By Type

10.1.1.4.3 India Electric Control Panel Market Breakdown, By Industry

10.1.1.5 South Korea Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.5.1 South Korea Electric Control Panel Market Breakdown, By Form

10.1.1.5.2 South Korea Electric Control Panel Market Breakdown, By Type

10.1.1.5.3 South Korea Electric Control Panel Market Breakdown, By Industry

10.1.1.6 Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

10.1.1.6.1 Rest of APAC Electric Control Panel Market Breakdown, By Form

10.1.1.6.2 Rest of APAC Electric Control Panel Market Breakdown, By Type

10.1.1.6.3 Rest of APAC Electric Control Panel Market Breakdown, By Industry

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Cetal

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Eaton

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Leviton Manufacturing Co., Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Rittal Gmbh & Co. KG

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Rockwell Automation, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Schneider Electric SE

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Siemens AG

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 SIMON PROtec

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. APAC Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Table 2. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 3. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 4. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 5. China Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 6. China Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 7. China Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 8. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 9. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 10. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 11. India Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 12. India Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 13. India Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 14. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 15. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 16. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 17. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 18. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 19. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 20. List of Abbreviation

The List of Companies - Asia Pacific Electric Control Panel Market

● ABB Ltd

● Cetal

● Eaton

● Leviton Manufacturing Co., Inc.

● Rittal Gmbh & Co. KG

● Rockwell Automation, Inc.

● Schneider Electric SE

● Siemens AG

● SIMON PROtec

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC electric control panel market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC electric control panel market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the electric control panel market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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