Fixed Mounting Power Distribution Component Market - Top Companies and Manufacturers

  • Report ID: 6583
  • Published Date: Oct 21, 2024
  • Report Format: PDF, PPT

Companies Dominating the Fixed Mounting Power Distribution Component Market Landscape

    The global fixed mounting power distribution component market is extremely competitive and consists of several players that operate on global and regional levels. These players in the fixed mounting power distribution component market are adopting various organic and inorganic strategies such as new product introductions, technological advancements, mergers and acquisitions, collaborations, partnerships, and regional expansion to earn high profits. Industry giants are partnering with other players and collaborating with technology firms to introduce technologically advanced fixed mounting power distribution solutions. They are also tapping into high-potential economies to cater to a wider consumer base and earn high fixed mounting power distribution component market shares.  Some of the key players include:

    • ABB Ltd
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Schneider Electric
    • Siemens
    • Alstom SA
    • CG Power & Industrial Solutions Ltd.
    • Eaton Corporation
    • Lucy Group Ltd.
    • L&T Electrical & Automation
    • GE Grid Solutions
    • G&W Electric
    • Hitachi Energy Ltd
    • Meiden Europe GmbH
    • Ormazabal
    • Powell Industries

Browse Key Market Insights with Data Illustration:

In the News

  • In September 2023, ABB Ltd. announced the launch of its new air-insulated (AIS) medium-voltage (MV) switchgear, UniGear ZS1, 500mm panel version at ADIPEC 2023. This technology is gaining popularity among space constraint, end use organizations.
  • In October 2022, Schneider Electric revealed its advanced energy management solutions at the Innovation Summit World Tour. The products include GM AirSeT, a new gas-insulated switchgear, EcoStruxure Energy Hub, and Electric EcoCare.

Author Credits:  Dhruv Bhatia


  • Report ID: 6583
  • Published Date: Oct 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global fixed mounting power distribution component market will be valued at USD 171.9 billion in 2025.

Expanding at a CAGR of 8.1%, the global market is expected to increase from USD 159 billion in 2024 to USD 437.7 billion by 2037.

Some leading companies are ABB Ltd, Schneider Electric, Siemens, Alstom SA, CG Power & Industrial Solutions Ltd., and Eaton Corporation.

The switchgear segment is estimated to capture a strong 39.4% of the market share through 2037.

Asia Pacific is expected to hold 45.1% of the global market share through 2037.
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