Asia Pacific Electric Control Panel Market Forecast to 2030 - COVID-19 Impact and Regional Analysis

List of Tables

The APAC electric control panel market is expected to grow from US$ 2,302.07 million in 2022 to US$ 4,005.95 million by 2030; it is estimated to grow at a CAGR of 7.2% from 2022 to 2030.

The implementation of Industry 4.0 results in full automation of manufacturing processes, requiring little to negligible human interference. Industry 4.0 combines the Industrial Internet of Things (IIoT), cyber-physical systems, cloud robotics, cloud computing, and Big Data. Automation has stirred the industrial sector, drastically changed production practices, and reduced manufacturing time and production costs. Manufacturers rely on Big Data and data analytics to improve the efficiency, productivity, security, and cost-effectiveness of their operations due to the rising popularity and adoption of the IoT and Industry 4.0. As many operations are being automated in the manufacturing sector, secure wireless networking has the potential to enable factory automation on a far greater scale. PaaS is a type of cloud computing service that lets users provide, run, and manage a modular package that includes a computer platform and one or more applications. This can be done without constructing and maintaining the infrastructure, which is generally associated with developing and launching the applications. Software as a Service (SaaS), also known as on-demand software, is a software distribution, licensing, and delivery paradigm in which software is licensed and hosted centrally on a subscription basis. Service providers offer consumers online access to applications developed by them. Instead of installing software on users' computers, this service allows them to access programs via the internet. SaaS allows users to have more control and understanding over their projects. The IIoT allows panel makers to provide their industrial manufacturing customers with cutting-edge control panels, which help them manage their automated and robotic systems. Further, the industrial transformation toward digitalization is converting manual processes into digital processes in the manufacturing sector, which is expected to support the growth of the electric control panel market in the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC electric control panel market. The APAC electric control panel market is expected to grow at a good CAGR during the forecast period.

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

APAC Electric Control Panel Market Segmentation

The APAC electric control panel market is segmented based on form, type, industry, and country. Based on form, the APAC electric control panel market is bifurcated into enclosed and open. The open segment dominated the market in 2022. Based on type, the APAC electric control panel market is bifurcated into low tension and medium and high tension. The medium and high-tension segment dominated the market in 2022. Based on industry, the APAC electric control panel market is segmented into manufacturing, chemical, automotive, food and beverages, power, oil and gas, pharmaceutical, aerospace and defense, and others. The power segment dominated the market in 2022. Based on country, the APAC electric control panel market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC. China would dominate the market in 2022.

ABB Ltd; Cetal; Eaton; Leviton Manufacturing Co., Inc.; Rittal Gmbh & Co. KG; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; and SIMON PROtec are among the leading companies in the APAC electric control panel market.

Reasons to Buy:

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

Product Code: BMIRE00026062

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. APAC Electric Control Panel Market Landscape

4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. APAC 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 - APAC Analysis

6.1 APAC Electric Control Panel Market Overview
6.2 APAC Electric Control Panel Market - Revenue and Forecast to 2030 (US$ Million)

7. APAC Electric Control Panel Market Analysis - By Form

7.1 Overview
7.2 APAC 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. APAC Electric Control Panel Market Analysis - By Type

8.1 Overview
8.2 APAC 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. APAC Electric Control Panel Market Analysis - By Industry

9.1 Overview
9.2 APAC 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. APAC Electric Control Panel Market - Country Analysis

10.1 Overview
- 10.1.1 APAC Electric Control Panel Market Breakdown, By Country
  - 10.1.1.1 Australia Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.1.1 Australia Electric Control Panel Market Breakdown, By Form
    - 10.1.1.1.2 Australia Electric Control Panel Market Breakdown, By Type
    - 10.1.1.1.3 Australia Electric Control Panel Market Breakdown, By Industry
  - 10.1.1.2 China Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.2.1 China Electric Control Panel Market Breakdown, By Form
    - 10.1.1.2.2 China Electric Control Panel Market Breakdown, By Type
    - 10.1.1.2.3 China Electric Control Panel Market Breakdown, By Industry
  - 10.1.1.3 Japan Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.3.1 Japan Electric Control Panel Market Breakdown, By Form
    - 10.1.1.3.2 Japan Electric Control Panel Market Breakdown, By Type
    - 10.1.1.3.3 Japan Electric Control Panel Market Breakdown, By Industry
  - 10.1.1.4 India Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.4.1 India Electric Control Panel Market Breakdown, By Form
    - 10.1.1.4.2 India Electric Control Panel Market Breakdown, By Type
    - 10.1.1.4.3 India Electric Control Panel Market Breakdown, By Industry
  - 10.1.1.5 South Korea Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.5.1 South Korea Electric Control Panel Market Breakdown, By Form
    - 10.1.1.5.2 South Korea Electric Control Panel Market Breakdown, By Type
    - 10.1.1.5.3 South Korea Electric Control Panel Market Breakdown, By Industry
  - 10.1.1.6 Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.6.1 Rest of APAC Electric Control Panel Market Breakdown, By Form
    - 10.1.1.6.2 Rest of APAC Electric Control Panel Market Breakdown, By Type
    - 10.1.1.6.3 Rest of APAC Electric Control Panel Market Breakdown, By Industry

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Cetal
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Eaton
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Leviton Manufacturing Co., Inc.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Rittal Gmbh & Co. KG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Rockwell Automation, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Schneider Electric SE
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Siemens AG
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 SIMON PROtec
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index