Distribution Board Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Distribution Boards (DB) Manufacturers and the market is segmented by End-User (Power Utilities, Commercial and Industrial, and Residential), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Distribution Board Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Distribution Board Market Size

Distribution Board Market Overview
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Distribution Board Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Distribution Board Market with other markets in Energy & Power Industry

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Distribution Board Market Analysis

The Distribution Board Market is expected to register a CAGR of greater than 3% during the forecast period.

  • Due to the increasing number of renewable energy installations that require a distribution board for the safety of various electric equipment, the power utilities segment is expected to be the largest growing segment for the distribution board market during the forecast period.
  • The new technology of smart distribution boards, which enable to pinpoint overloads and inefficiencies proactively, and make informed decisions that improve operational efficiency will likely create several opportunities for the distribution board market in the future.
  • Due to its increasing demand for electricity and the rising electricity generation projects and connecting them in the country's grid, Asia-Pacific is expected to be the largest market for distribution board.

Distribution Board Industry Overview

The distribution board market is fragmented. Some of the key players in this market include Siemens AG, ABB Ltd., Eaton Corporation PLC, Larsen & Toubro Limited, and Schneider Electric SE.

Distribution Board Market Leaders

  1. Siemens AG

  2. ABB Ltd.

  3. Eaton Corporation PLC

  4. Larsen & Toubro Limited

  5. Schneider Electric SE

  6. *Disclaimer: Major Players sorted in no particular order
Siemens AG, ABB Ltd., Eaton Corporation PLC, Larsen & Toubro Limited, Schneider Electric SE
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Distribution Board Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Force Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 End-User
    • 5.1.1 Power Utilities
    • 5.1.2 Commercial and Industrial
    • 5.1.3 Residential
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia-Pacific
    • 5.2.4 South America
    • 5.2.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaboration and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Company Profiles
    • 6.3.1 Siemens AG
    • 6.3.2 ABB Ltd.
    • 6.3.3 Eaton Corporation PLC
    • 6.3.4 Larsen & Toubro Limited
    • 6.3.5 Schneider Electric SE
    • 6.3.6 Legrand SA
    • 6.3.7 Havells India Ltd
    • 6.3.8 Alfanar Group
    • 6.3.9 Hager Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Distribution Board Industry Segmentation

The distribution board market report include:

End-User Power Utilities
Commercial and Industrial
Residential
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Distribution Board Market Research FAQs

What is the current Distribution Board Market size?

The Distribution Board Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Distribution Board Market?

Siemens AG, ABB Ltd., Eaton Corporation PLC, Larsen & Toubro Limited and Schneider Electric SE are the major companies operating in the Distribution Board Market.

Which is the fastest growing region in Distribution Board Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Distribution Board Market?

In 2025, the Asia Pacific accounts for the largest market share in Distribution Board Market.

What years does this Distribution Board Market cover?

The report covers the Distribution Board Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Distribution Board Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Distribution Board Industry Report

Statistics for the 2025 Distribution Board market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Distribution Board analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.