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Home   Electronics    Electricity Control and Distribution Equipment

Electricity Control and Distribution Equipment

Global demand for electricity control and distribution equipment is forecast to expand 5.4% p.a. between 2015 and 2019. Currently, electrical distribution and control boards account for 28.9% of the global demand while the remaining market share is divided between electrical sockets and plugs (8.7%), electrical relays (5.0%), automatic circuit breakers (4.7%), not equipped electrical panels and boards (1.6%), electrical fuses (1.5%), isolating and make-and-break switches (voltage > 1 kV) (0.7%), electrical lamp-holders (voltage < 1 kV) (0.4%), lightning arresters and voltage/surge limiters (voltage > 1kV) (0.3%) and other electricity control and distribution equipment (48.3%).

China, Germany, Macedonia, South Korea and the United States are considered the highest potential markets in the coming years. China, Germany, Japan, South Korea and the United States represent the largest electricity control and distribution equipment markets while the strongest annual growth is forecast to occur in Macedonia (15.1%), Slovakia (14.4%), Morocco (12.7%), Vietnam (11.4%) and Latvia (10.9%).

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