Electric Control Panel Market Analysis

  • Report ID: 3768
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

  1. An Outline of the Electric Control Panel Market
    1. Market Definition
    2. Market Segmentation
  1. Assumptions and Acronyms
  2. Research Methodology
    1. Research process
    2. Primary Research
    3. Secondary Research
    4. Market Size Estimation
  3. Summary of the Report for Key Decision Markers
  4. Forces of the Market Constituents
    1. Factors/Drivers Impacting the Growth of the Market
    2. Market Trends for Better Business Practices
  5. Key Market Opportunities for Business Growth
  6. Major Roadblocks for the Market Growth
  7. Government Regulation: How They Would Aid Business?
  8. Industry Risk Analysis
  9. Global Economic Outlook: Challenges for Global Recovery and Its Impact on Global Electric Control Panel
    1. Ukraine-Russia Crisis
    2. Potential US Economic Slowdown
  10. Impact of COVID-19 on Global Electric Control Panel Market
  11. Analysis on Recent Trends and Developments in the Global Electric Control Panel Market
    1. Improved Control Panel Efficiency and Safety
    2. Higher Quality Control Panel for Fabrication
    3. Evolving Control Panel Sizes
  12. Industry Pricing Benchmarking & Analysis
  13. Industry Growth Outlook
  14. Industry Supply Chain Analysis
  15. Product Feature Analysis
  16. End Use Usability Analysis
  17. Competitive Model: A Detailed Inside View for Investors
    1. Market Share Analysis, 2023
      1. Market Share Analysis of Major Players (%), 2023
      2. Market Share of Players by Size, 2023
    2. Competitive Benchmarking
    3. Competitive Positioning
      1. Schneider Electric
      2. ABB
      3. Siemens AG
      4. Paneltronics Inc.
      5. General Electric
      6. Rockwell Automation, Inc.
      7. Eaton
      8. IndustLabs
      9. Solution Control System, Inc.
      10. Keltour
  18. Global Electric Control Panel Market Outlook & Projections, Opportunity Assessment, 2023 to 2023
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Units)
  19. Global Electric Control Panel Market – Segmentation Analysis, 2023-2036
    1. By Type
      1. Low Tension, 2023-2036F (USD million & Thousand Units)
      2. Medium & High Tension, 2023-2036F (USD million & Thousand Units)
    2. By End-Use Industry
      1. Aerospace & Defense, 2023-2036F (USD million & Thousand Units)
      2. Chemical, 2023-2036F (USD million & Thousand Units)
      3. Automotive, 2023-2036F (USD million & Thousand Units)
      4. Food & Beverages, 2023-2036F (USD million & Thousand Units)
      5. Power Generation, 2023-2036F (USD million & Thousand Units)
      6. Oil & Gas, 2023-2036F (USD million & Thousand Units)
      7. Pharmaceutical, 2023-2036F (USD million & Thousand Units)
      8. Others, 2023-2036F (USD million & Thousand Units)
    3. By Region
      1. North America, 2023-2036F (USD million & Thousand Units)
      2. Latin America, 2023-2036F (USD million & Thousand Units)
      3. Europe, 2023-2036F (USD million & Thousand Units)
      4. Asia Pacific, 2023-2036F (USD million & Thousand Units)
      5. Middle East & Africa, 2023-2036F (USD million & Thousand Units)
  20. North America Electric Control Panel Market Outlook
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Units)
      1. By Type
      2. By End-Use Industry
      3. By Country
        1. US, 2023-2036F (USD million & Thousand Units)
        2. Canada, 2023-2036F (USD million & Thousand Units)
  21. Europe Electric Control Panel Market Outlook
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Units)
      1. By Type
      2. By End-use Industry
      3. By Country
        1. UK, 2023-2036F (USD million & Thousand Units)
        2. Germany, 2023-2036F (USD million & Thousand Units)
        3. France, 2023-2036F (USD million & Thousand Units)
        4. Italy, 2023-2036F (USD million & Thousand Units)
        5. Spain, 2023-2036F (USD million & Thousand Units)
        6. Russia, 2023-2036F (USD million & Thousand Units)
        7. Netherlands, 2023-2036F (USD million & Thousand Units)
        8. Rest of Europe, 2023-2036F (USD million & Thousand Units)
  22. Asia Pacific Electric Control Panel Market Outlook
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Unit)
      1. By Type
      2. By End-Use Industry
      3. By Country
        1. China, 2023-2036F (USD million & Thousand Units)
        2. India, 2023-2036F (USD million & Thousand Units)
        3. Japan, 2023-2036F (USD million & Thousand Units)
        4. South Korea, 2023-2036F (USD million & Thousand Units)
        5. Singapore, 2023-2036F (USD million & Thousand Units)
        6. Australia, 2023-2036F (USD million & Thousand Units)
        7. Rest of Asia Pacific, 2023-2036F (USD million & Thousand Units)
  23. Latin America Electric Control Panel Market Outlook
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Unit)
      1. By Type
      2. By End-Use Industry
      3. By Country
        1. Brazil, 2023-2036F (USD million & Thousand Units)
        2. Argentina, 2023-2036F (USD million & Thousand Units)
        3. Mexico, 2023-2036F (USD million & Thousand Units)
        4. Rest of Latin America, 2023-2036F (USD million & Thousand Units)
  24. Middle East & Africa Electric Control Panel Market Outlook
    1. Market Overview
    2. Market by Value (USD million)
    3. Market by Volume (Thousand Unit)
      1. By Type
      2. By End-Use Industry
      3. By Country
        1. GCC, 2023-2036F (USD million & Thousand Units)
        2. Israel, 2023-2036F (USD million & Thousand Units)
        3. South Africa, 2023-2036F (USD million & Thousand Units)
        4. Rest of Middle East and Africa, 2023-2036F (USD million & Thousand Units)
  25. Primary Interview Analysis

Electric Control Panel Market Analysis

The global electric control panel market is segmented and analyzed for demand and supply by end user into aerospace, chemical, automotive, food & beverages, power generation, oil & gas, pharmaceutical, and others. Out of the eight types of end users, the oil & gas segment is estimated to gain the largest market size of USD 3,338 million by the end of 2036 by growing at a CAGR of 7.4% over the projected time frame. Moreover, the segment garnered a revenue of USD 1,537.3 million in 2022. The growth of the segment can be attributed to the growing demand for oil and gas, followed by a rise in the worldwide economy. According to the Organization of the Petroleum Exporting Countries, between now and 2045, it is anticipated that the global economy is likely to more than quadruple in size and the world's population would increase by 1.6 billion. The demand for primary energy is likely to continue to rise over the medium and long term, rising by a sizable 23% between now and 2045. Up to 2045, the globe must add an average of 2.7 million barrels of oil equivalent every year.

The global electric control panel market is also segmented and analyzed for demand and supply by type into low tension and medium & high tension. Amongst these two segments, the medium & high-tension segment is expected to garner a significant share. Moreover, it is forecasted to grow at a CAGR of 6.6% over the forecast period. Medium tension is used to power different electrical devices both indoors and outdoors. On the other hand, high tension is used to power the manufacturing of semiconductors and power substation. Furthermore, rising investment in the semiconductors industry and a higher number of manufacturers of semiconductors is to boost the segment growth. For instance, the government of China has planned to invest more than USD 150 billion in semiconductors between the years 2014 to 2030. Furthermore, in China, there were more than 22,800 companies that manufacture semiconductors in 2020.

Our in-depth analysis of the global electric control panel market includes the following segments:

              By Type

  • Low Tensionand
  • Medium & High Tension

              By End User

  • Aerospace
  • Chemical
  • Automotive
  • Food & Beverages
  • Power Generation
  • Oil & Gas
  • Pharmaceutical
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3768
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of electric control panel is assessed at USD 6.64 Billion.

The electric control panel market size was valued at USD 6.31 Billion in 2023 and is likely to reach USD 13.73 Billion by the end of 2036, registering around 6.1% CAGR during the forecast period i.e., between 2024-2036. Increasing demand of electricity, power, rise in the use of electricity machines by industry and higher deployment of electric vehicle are the few factors is to boost the market growth.

Europe industry revenue is projected to cross USD 4.17 Billion by 2036, propelled by surging demand for electricity and the higher sales of electric vehicles.

Schneider Electric, ABB, Siemens AG, Paneltronics Inc., General Electric, Rockwell Automation, Inc., Eaton, IndustLabs, Solution Control System, Inc., Keltour
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