Electric Control Panel Market Forecast to 2030

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

Report Code : TIPRE00015709 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 24/Jun/2022

The Electric Control Panel Market size is expected to grow from US$ 5,507.35 million in 2022 to US$ 9,096.16 million by 2030; it is expected to grow at a CAGR of 6.5% from 2022 to 2030.

Factory automation in manufacturing environments frequently employs pneumatic systems, hydraulic systems, and robotic arms to produce a more complicated system. Superior energy efficiency, stringent safety regulations, and better design result in outstanding production levels in automated factories. Moreover, automation can help lower process costs and ensure workers’ safety in adverse environments. An electrical control panel is a group of electrical devices that use electricity to regulate the mechanical functioning of industrial machinery or equipment. The existing renewable energy sources (RES) system is integrated with digital information processing and enhanced telemetry systems in the smart grid SCADA system. The rising integration and automation of the electric microgrid and utility grids presents new energy management development aspects. The rise in demand for factory automation serves as a significant driving force for the electric control panel market. Additionally, increased investments in new construction and production prompt the expansion of electrical installations in warehouses, factories, distribution facilities, etc. The implementation of control panels in renewable energy production and distribution applications is another factor driving the electric control panel market growth for the players.

The surging export and import of industrial control panels have been an indicator of high demand for this equipment, notably in Southeast Asian countries. Many industrial firms must upgrade essential equipment to remain competitive in their respective markets. Thus, the whole replacement or rebuilding of obsolete industrial control panels with newer components will contribute to a surge in the US and other Western countries. Thus, these factors are increasing demand for factory automation and are driving the electric control panel market growth.

COVID-19 Impact on Electric Control Panel Market Size

Germany, Italy, the UK, Russia, France, and Spain were the most-affected countries by the onset of the COVID-19 pandemic and the following limitations and restrictions imposed by governments. Several countries in Europe witnessed an economic hit and a decline in industrial activities in the Q2 of 2020. Many European countries partially closed their borders and implemented drastic measures on imports and exports of goods. These measures caused a decline in the production volumes in various industries, which hampered the demand for electric control panels in Europe in 2020.

The electric control panel market players took various initiatives in 2020. For instance, in November 2020, Siemens AG announced the configuration and ordering software—TIA Selection Tool—and integrated new features of electrical planning into this tool. This software allows the control panel manufacturers to make a value chain more economical with the help of digitization. The demand for electric control panels is expected to resurge by the end of 2022, considering the economic recovery and ongoing growth of end-user industries and companies investing in making operations more efficient and productive. This would boost the electric control panel market in the future.

Based on geography, the Europe electric control panel market analysis is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. The rise in adoption of consumer and commercial electrical components across the region owing to improved standard of living is propelling the demand for electric control panels from the industrial automation components manufacturers. Therefore, the growth of consumer and commercial electrical components would propel the electric control panel market in the coming years. Many companies focus on strengthening their position in the electric control panel market, and key vendors focus on introducing new advanced solutions and services and upgrading the capabilities of their current offerings.

The key stakeholders in the electric control panel market are raw material providers, electric control panel manufacturers, and industries. Raw material providers provide various components/parts such as enclosure, circuit breaker, surge arresters, transformers, terminal blocks, programmable logic controllers, network switches, relays and contactors, human machine interface (HMI) to electric control panel manufacturers. Manufacturing, chemical, automotive, food & beverages, power, oil & gas, pharmaceutical, textile are some of the industries where electric control panel are used. A few leading manufacturers profiled in the electric control panel market report are ABB Ltd.; Bectrol; Cetal; Eaton; Leviton Manufacturing Co., Ltd.; RITTAL GMBH & CO. KG; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; and SIMON PROtec. However, the electric control panels have high replacement and deployment costs. This factor is hindering the growth of the overall electric control panel market in a negative manner. Stringent standards, such as IEC 60204-1, UL 508A, National Fire Protection Agency (NFPA) 70/79A, BS EN 61439-2 are few major safety standards developed for the installation of the best possible safe control panel. The electric control panel manufacturers must comply with these standards. The steady growth in Industry industries will continue to drive the adoption of electric control panels which in turn will influence the electric control panel market growth.

The overall electric control panel market analysis has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the electric control panel market. The process also serves the purpose of obtaining an overview and forecast of the electric control panel market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. The participants typically involved in the electric control panel market report include VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the electric control panel market.

According to the new research report titled “Electric Control Panel Market Forecast to 2030 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 9,096.16 million by 2030, registering a CAGR of 6.5% from 2022 to 2030.

Factory automation in manufacturing environments frequently employs pneumatic systems, hydraulic systems, and robotic arms to produce a more complicated system. High energy efficiency, stringent safety regulations, and better design result in outstanding production levels in automated factories. Moreover, automation can help lower process costs and ensure workers’ safety in adverse environments. An electrical control panel is a group of electrical devices that use electricity to regulate the mechanical functioning of industrial machinery or equipment. The existing renewable energy sources (RES) system is integrated with digital information processing and enhanced telemetry systems in the smart grid SCADA system. The rising integration and automation of the electric microgrid and utility grids present new energy management development aspects. The demand for factory automation is a significant driving factor for the electric control panel market size. Moreover, increased investments in new construction and production prompt the expansion of electrical installations in warehouses, factories, and distribution facilities. The implementation of control panels in renewable energy production and distribution applications is another area of revenue growth for the electric control panel market share players.

The electric control panels have high replacement and deployment costs. This factor is hindering the growth of the overall electric control panel market. IEC 60204-1, UL 508A, National Fire Protection Agency (NFPA) 70/79A, and BS EN 61439-2 are a few major safety standards developed for the installation of the best safe control panel. The electric control panel manufacturers must comply with these standards. The steady growth in industries will continue to boost the adoption of electric control panels, which will influence the electric control panel market growth.

Mobile machinery panels allow for quick and exact setup and positioning during commissioning, even for bigger manufacturing facilities, complex or enclosed machines, long materials handling or production lines, and conveyor systems. These panels also help machine operators ensure less time for operations such as retooling, maintenance, and repairs. For example, Siemens offers SIMATIC HMI Mobile Panels with a 4, 7, or 9-inch display and a PROFINET connection. The panels aid greater flexibility and convenience to users. The stunning widescreen display, with a 16:9 aspect ratio and 16 million colors, offers a clear, detailed representation of simple and complicated processes and plant images. Moreover, the unique lighted emergency STOP button, three-step enabling switch, and customizable analysis choices of safety elements support the integration of individual control units within a safety architecture for the mobile machinery.

The electric control panel market is segmented based on form, type, industry, and geography. Based on form, the electric control panel market is segmented into Enclosed, Open. Based on type, the electric control panel market is segmented into Low Tension, Medium and High Tension. Based on industry, the electric control panel market is categorized into Manufacturing, Chemical, Automotive, Food and Beverages, Power, Oil and Gas, Pharmaceutical, Textile, Other. On the basis of geography, the electric control panel market size is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

Key Findings of Study:

The global electric control panel market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). North America accounted for the largest electric control panel market share in 2021; however, the Asia Pacific electric control panel market is expected to grow with the highest CAGR during the forecast period. In the US, the rising disposable income and improvements in the standard of living are increasing the demand for consumer and commercial projects which require electric control panels. The electric control panels provide several advantages for experts, and they can create and organize the process control of various machines and operations using the controls offered on a panel. Industries might expect a reduction in overall processing costs due to enhanced efficiency. The miniaturization of devices demand is high with the growing popularity of AI (Artificial Intelligence) and Industry 4.0. Many manufacturers are investing a massive amount of capital in developing consumer and commercial electrical digitization systems, such as for home and factory automation. These factors are boosting the North America electric control panel market growth.

According to an IEA report, Asia Pacific is one of the world's fastest-growing regions in terms of electricity demand. Over the last 20 years, the demand for electricity has increased yearly by over 6%, driven by rising household and industrial equipment ownership and the growing use of products and services. The reduction in electricity demand is predicted to decline by ~1% due to the COVID-19 pandemic. The demand for electricity in Indonesia is likely to remain stable for the rest of the year, following a ~11% decline. The successfully ramped-up renewable energy projects to meet rising electricity demand and ensure access to electricity in rural areas of other Asia Pacific countries have increased the critical problems for the power sector. Although environmental effects are increasingly weighing into energy policy decisions, countries have prioritized cost and security while choosing a fuel for power generation throughout the last two decades.

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. Electric Control Panel Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. 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 – Global Analysis

6.1 Global Electric Control Panel Market Overview

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

6.3 Market Positioning – Top 5 Players

6.4 Competitive Benchmarking

7. Electric Control Panel Market – By Form

7.1 Overview

7.2 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. Electric Control Panel Market Analysis – By Type

8.1 Overview

8.2 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. Electric Control Panel Market Analysis – By Industry

9.1 Overview

9.2 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. Electric Control Panel Market – Geographic Analysis

10.1 Overview

10.2 North America: Electric Control Panel Market

10.2.1 North America: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

10.2.2 North America: Electric Control Panel Market, By Form

10.2.3 North America: Electric Control Panel Market, By Type

10.2.4 North America: Electric Control Panel Market, By Industry

10.2.5 North America: Electric Control Panel Market, By Country

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

10.2.5.1.1 US: Electric Control Panel Market, By Form

10.2.5.1.2 US: Electric Control Panel Market, By Type

10.2.5.1.3 US: Electric Control Panel Market, By Industry

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

10.2.5.2.1 Canada: Electric Control Panel Market, By Form

10.2.5.2.2 Canada: Electric Control Panel Market, By Type

10.2.5.2.3 Canada: Electric Control Panel Market, By Industry

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

10.2.5.3.1 Mexico: Electric Control Panel Market, By Form

10.2.5.3.2 Mexico: Electric Control Panel Market, By Type

10.2.5.3.3 Mexico: Electric Control Panel Market, By Industry

10.3 Europe Electric Control Panel Market Revenue and Forecast to 2030

10.3.1 Overview

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

10.3.3 Europe Electric Control Panel Market Breakdown, By Form

10.3.4 Europe Electric Control Panel Market Breakdown, By Type

10.3.5 Europe Electric Control Panel Market Breakdown, By Industry

10.3.6 Europe Electric Control Panel Market Breakdown, By Country

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

10.3.6.1.1 Germany: Electric Control Panel Market, By Form

10.3.6.1.2 Germany: Electric Control Panel Market, By Type

10.3.6.1.3 Germany: Electric Control Panel Market, By Industry

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

10.3.6.2.1 France: Electric Control Panel Market, By Form

10.3.6.2.2 France: Electric Control Panel Market, By Type

10.3.6.2.3 France: Electric Control Panel Market, By Industry

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

10.3.6.3.1 Italy: Electric Control Panel Market, By Form

10.3.6.3.2 Italy: Electric Control Panel Market, By Type

10.3.6.3.3 Italy: Electric Control Panel Market, By Industry

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

10.3.6.4.1 UK: Electric Control Panel Market, By Form

10.3.6.4.2 UK: Electric Control Panel Market, By Type

10.3.6.4.3 UK: Electric Control Panel Market, By Industry

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

10.3.6.5.1 Russia: Electric Control Panel Market, By Form

10.3.6.5.2 Russia: Electric Control Panel Market, By Type

10.3.6.5.3 Russia: Electric Control Panel Market, By Industry

10.3.6.6 Rest of Europe: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

10.3.6.6.1 Rest of Europe: Electric Control Panel Market, By Form

10.3.6.6.2 Rest of Europe: Electric Control Panel Market, By Type

10.3.6.6.3 Rest of Europe: Electric Control Panel Market, By Industry

10.4 APAC Electric Control Panel Market Revenue and Forecast to 2030

10.4.1 Overview

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

10.4.3 APAC Electric Control Panel Market Breakdown, By Form

10.4.4 APAC Electric Control Panel Market Breakdown, By Type

10.4.5 APAC Electric Control Panel Market Breakdown, By Industry

10.4.6 APAC Electric Control Panel Market Breakdown, By Country

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

10.4.6.1.1 Australia Electric Control Panel Market Breakdown, By Form

10.4.6.1.2 Australia Electric Control Panel Market Breakdown, By Type

10.4.6.1.3 Australia Electric Control Panel Market Breakdown, By Industry

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

10.4.6.2.1 China Electric Control Panel Market Breakdown, By Form

10.4.6.2.2 China Electric Control Panel Market Breakdown, By Type

10.4.6.2.3 China Electric Control Panel Market Breakdown, By Industry

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

10.4.6.3.1 Japan Electric Control Panel Market Breakdown, By Form

10.4.6.3.2 Japan Electric Control Panel Market Breakdown, By Type

10.4.6.3.3 Japan Electric Control Panel Market Breakdown, By Industry

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

10.4.6.4.1 India Electric Control Panel Market Breakdown, By Form

10.4.6.4.2 India Electric Control Panel Market Breakdown, By Type

10.4.6.4.3 India Electric Control Panel Market Breakdown, By Industry

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

10.4.6.5.1 South Korea Electric Control Panel Market Breakdown, By Form

10.4.6.5.2 South Korea Electric Control Panel Market Breakdown, By Type

10.4.6.5.3 South Korea Electric Control Panel Market Breakdown, By Industry

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

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

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

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

10.5 MEA: Electric Control Panel Market

10.5.1 MEA Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.5.2 MEA: Electric Control Panel Market Breakdown, by Form

10.5.3 MEA: Electric Control Panel Market Breakdown, by Type

10.5.4 MEA: Electric Control Panel Market Breakdown, by Industry

10.5.5 MEA: Electric Control Panel Market Breakdown, by Country

10.5.5.1 South Africa Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.5.5.1.1 South Africa: Electric Control Panel Market Breakdown, by Form

10.5.5.1.2 South Africa: Electric Control Panel Market Breakdown, by Type

10.5.5.1.3 South Africa: Electric Control Panel Market Breakdown, by Industry

10.5.5.2 Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.5.5.2.1 Saudi Arabia: Electric Control Panel Market Breakdown, by Form

10.5.5.2.2 Saudi Arabia: Electric Control Panel Market Breakdown, by Type

10.5.5.2.3 Saudi Arabia: Electric Control Panel Market Breakdown, by Industry

10.5.5.3 UAE Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.5.5.3.1 UAE: Electric Control Panel Market Breakdown, by Form

10.5.5.3.2 UAE: Electric Control Panel Market Breakdown, by Type

10.5.5.3.3 UAE: Electric Control Panel Market Breakdown, by Industry

10.5.5.4 Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.5.5.4.1 Rest of MEA: Electric Control Panel Market Breakdown, by Form

10.5.5.4.2 Rest of MEA: Electric Control Panel Market Breakdown, by Type

10.5.5.4.3 Rest of MEA: Electric Control Panel Market Breakdown, by Industry

10.6 SAM: Electric Control Panel Market

10.6.1 SAM Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.6.2 SAM: Electric Control Panel Market Breakdown, by Form

10.6.3 SAM: Electric Control Panel Market Breakdown, by Type

10.6.4 SAM: Electric Control Panel Market Breakdown, by Industry

10.6.5 SAM: Electric Control Panel Market Breakdown, by Country

10.6.5.1 Brazil Electric Control Panel Market: Revenue and Forecast to 2030

10.6.5.1.1 Brazil: Electric Control Panel Market Breakdown, by Form

10.6.5.1.2 Brazil: Electric Control Panel Market Breakdown, by Type

10.6.5.1.3 Brazil: Electric Control Panel Market Breakdown, by Industry

10.6.5.2 Argentina Electric Control Panel Market: Revenue and Forecast to 2030

10.6.5.2.1 Argentina: Electric Control Panel Market Breakdown, by Form

10.6.5.2.2 Argentina: Electric Control Panel Market Breakdown, by Type

10.6.5.2.3 Argentina: Electric Control Panel Market Breakdown, by Industry

10.6.5.3 Rest of SAM Electric Control Panel Market: Revenue and Forecast to 2030

10.6.5.3.1 Rest of SAM: Electric Control Panel Market Breakdown, by Form

10.6.5.3.2 Rest of SAM: Electric Control Panel Market Breakdown, by Type

10.6.5.3.3 Rest of SAM: Electric Control Panel Market Breakdown, by Industry

11. Impact of COVID-19 Pandemic

11.1 Impact of COVID-19 Pandemic on Global Electric Control Panel Market

11.1.1 North America: Impact Assessment of COVID-19 Pandemic

11.1.2 Europe: Impact Assessment of COVID-19 Pandemic

11.1.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 ABB Ltd

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Bectrol

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Cetal

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Eaton

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Leviton Manufacturing Co., Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 RITTAL GMBH & CO. KG

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Rockwell Automation, Inc.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Schneider Electric SE

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Siemens AG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 SIMON PROtec

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 20. France Electric Control Panel Market, By Form– Revenue and Forecast to 2030 (US$ Million)

Table 21. France Electric Control Panel Market, By Type– Revenue and Forecast to 2030 (US$ Million)

Table 22. France Electric Control Panel Market, By Industry– Revenue and Forecast to 2030 (US$ Million)

Table 23. Italy Electric Control Panel Market, By Form – Revenue and Forecast to 2030 (US$ Million)

Table 24. Italy Electric Control Panel Market, By Type – Revenue and Forecast to 2030 (US$ Million)

Table 25. Italy Electric Control Panel Market, By Industry – Revenue and Forecast to 2030 (US$ Million)

Table 26. UK Electric Control Panel Market, By Form– Revenue and Forecast to 2030 (US$ Million)

Table 27. UK Electric Control Panel Market, By Type – Revenue and Forecast to 2030 (US$ Million)

Table 28. UK Electric Control Panel Market, By Industry – Revenue and Forecast to 2030 (US$ Million)

Table 29. Russia Electric Control Panel Market, By Form– Revenue and Forecast to 2030 (US$ Million)

Table 30. Russia Electric Control Panel Market, By Type – Revenue and Forecast to 2030 (US$ Million)

Table 31. Russia Electric Control Panel Market, By Industry – Revenue and Forecast to 2030 (US$ Million)

Table 32. Rest of Europe Electric Control Panel Market, By Form– Revenue and Forecast to 2030 (US$ Million)

Table 33. Rest of Europe Electric Control Panel Market, By Type– Revenue and Forecast to 2030 (US$ Million)

Table 34. Rest of Europe Electric Control Panel Market, By Industry – Revenue and Forecast to 2030 (US$ Million)

Table 35. APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 36. APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 37. APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 38. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 39. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 40. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 41. China Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 42. China Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 43. China Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 44. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 45. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 46. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 47. India Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 48. India Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 49. India Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 50. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 51. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 52. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 53. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)

Table 54. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)

Table 55. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 56. MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 57. MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 58. MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 59. South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 60. South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Type(US$ Million)

Table 61. South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 62. Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 63. Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 64. Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 65. UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 66. UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Type(US$ Million)

Table 67. UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 68. Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 69. Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 70. Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 71. SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 72. SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 73. SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 74. Brazil Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 75. Brazil Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 76. Brazil Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 77. Argentina Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 78. Argentina Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 79. Argentina Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 80. Rest of SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 81. Rest of SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 82. Rest of SAM Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 83. List of Abbreviation

LIST OF FIGURES.

Figure 1. Electric Control Panel Market Segmentation

Figure 2. Electric Control Panel Market Segmentation – By Geography

Figure 3. Global Electric Control Panel Market Overview

Figure 4. Open Electric Control Panel Contributed the Largest Market Share

Figure 5. Medium and High Tension Held the Largest Market Share in 2021

Figure 6. Power Segment Held the Largest Share in 2021

Figure 7. APAC Held the Largest Share in 2021

Figure 8. North America – PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. APAC – PEST Analysis

Figure 11. MEA – PEST Analysis

Figure 12. SAM – PEST Analysis

Figure 13. Electric Control Panel Market– Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Electric Control Market Impact Analysis of Drivers and Restraints

Figure 16. Geographic Overview of Electric Control Panel Market

Figure 17. Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 18. Electric Control Panel Market – Top 5 Players

Figure 19. Electric Control Panel Market Revenue Share, by Form (2021 and 2030)

Figure 20. Enclosed: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 21. Open: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 22. Electric Control Panel Market Revenue Share, by Type (2021 and 2030)

Figure 23. Low Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 24. Medium and High Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 25. Electric Control Panel Market Revenue Share, by Industry(2021 and 2030)

Figure 26. Manufacturing: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 27. Chemical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 28. Automotive: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 29. Food & Beverages: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 30. Power: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 31. Oil & Gas: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 32. Pharmaceutical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 33. Aerospace and Defense: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 34. Others: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 35. Global Electric Control Panel Market Revenue Share, By Region (2021 and 2030)

Figure 36. North America: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 37. North America Electric Control Panel Market Revenue Share, By Form (2021 and 2030)

Figure 38. North America Electric Control Panel Market Revenue Share, By Type (2021 and 2030)

Figure 39. North America Electric Control Panel Market Revenue Share, By Industry (2021 and 2030)

Figure 40. North America Electric Control Panel Market Revenue Share, By Country (2021 and 2030)

Figure 41. US: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 42. Canada: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 43. Mexico: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 44. Europe Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 45. Europe Electric Control Panel Market Breakdown, By Form, 2021 and 2030 (%)

Figure 46. Europe Electric Control Panel Market Breakdown, By Type, 2021 and 2030 (%)

Figure 47. Europe Electric Control Panel Market Breakdown, By Industry, 2021 and 2030 (%)

Figure 48. Europe Electric Control Panel Market Breakdown, By Country, 2021 and 2030(%)

Figure 49. Germany: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 50. France: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 51. Italy: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 52. UK: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 53. Russia: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 54. Rest of Europe: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Figure 55. APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 56. APAC Electric Control Panel Market Breakdown, By Form, 2021 and 2030 (%)

Figure 57. APAC Electric Control Panel Market Breakdown, By Type, 2021 and 2030 (%)

Figure 58. APAC Electric Control Panel Market Breakdown, By Industry, 2021 and 2030 (%)

Figure 59. APAC Electric Control Panel Market Breakdown, By Country, 2021 and 2030(%)

Figure 60. Australia Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 61. China Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 62. Japan Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 63. India Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 64. South Korea Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 65. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

Figure 66. MEA Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 67. MEA: Electric Control Panel Market Breakdown, by Form, 2021 & 2030 (%)

Figure 68. MEA: Electric Control Panel Market Breakdown, by Type, 2021 & 2030 (%)

Figure 69. MEA: Electric Control Panel Market Breakdown, by Industry, 2021 & 2030 (%)

Figure 70. MEA: Electric Control Panel Market Breakdown, by Country, 2021 & 2030 (%)

Figure 71. South Africa Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 72. Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 73. UAE Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 74. Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 75. SAM Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 76. SAM: Electric Control Panel Market Breakdown, by Form, 2021 & 2030 (%)

Figure 77. SAM: Electric Control Panel Market Breakdown, by Type, 2021 & 2030 (%)

Figure 78. SAM: Electric Control Panel Market Breakdown, by Industry, 2021 & 2030 (%)

Figure 79. SAM: Electric Control Panel Market Breakdown, by Country, 2021 & 2030 (%)

Figure 80. Brazil Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 81. Argentina Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 82. Rest of SAM Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

Figure 83. Impact of COVID-19 Pandemic on Market in North American Countries

Figure 84. Impact of COVID-19 Pandemic on Market in European Countries

Figure 85. Impact of COVID-19 Pandemic on Market in Asia Pacific Countries

Figure 86. Impact of COVID-19 Pandemic on Market in Middle East and Africa Countries Markets

Figure 87. Impact of COVID-19 Pandemic on Market in South America Countries

The List of Companies – Electric Control Panel Market

1. ABB Ltd.

2. Bectrol

3. Cetal

4. Eaton

5. Leviton Manufacturing Co., Ltd.

6. RITTAL GMBH & CO. KG

7. Rockwell Automation, Inc.

8. Schneider Electric SE

9. Siemens AG

10. SIMON PROtec

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global 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 global 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 global market trends and outlook coupled with the factors driving the 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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