Asia Pacific Electric Control Panel Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Form (Enclosed and Open), Type (Low Tension and Medium and High Tension), and Industry (Manufacturing, Chemical, Automotive, Food and Beverages, Power, Oil and Gas, Pharmaceutical, Aerospace and Defense, and Others)
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.
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
LIST OF TABLES
Table 1. APAC Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 3. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 4. Australia Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 5. China Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 6. China Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 7. China Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 8. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 9. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 10. Japan Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 11. India Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 12. India Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 13. India Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 14. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 15. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 16. South Korea Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 17. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Form (US$ Million)
Table 18. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Type (US$ Million)
Table 19. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 – By Industry (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Electric Control Panel Market Segmentation
Figure 2. APAC Electric Control Panel Market Segmentation – By Country
Figure 3. APAC Electric Control Panel Market Overview
Figure 4. APAC Electric Control Panel Market, By Form
Figure 5. APAC Electric Control Panel Market, By Country
Figure 6. APAC – PEST Analysis
Figure 7. APAC Electric Control Panel Market– Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. APAC Electric Control Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. APAC Electric Control Panel Market Revenue Share, by Form (2021 and 2030)
Figure 12. APAC Enclosed: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. APAC Open: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. APAC Electric Control Panel Market Revenue Share, by Type (2021 and 2030)
Figure 15. APAC Low Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. APAC Medium and High Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. APAC Electric Control Panel Market Revenue Share, by Industry (2021 and 2030)
Figure 18. APAC Manufacturing: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. APAC Chemical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. APAC Automotive: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. APAC Food & Beverages: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. APAC Power: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. APAC Oil & Gas: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. APAC Pharmaceutical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. APAC Aerospace and Defense: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. APAC Others: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. APAC: Electric Control Panel Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. APAC Electric Control Panel Market Breakdown, By Country, 2021 and 2030(%)
Figure 29. Australia Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
Figure 30. China Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
Figure 31. Japan Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
Figure 32. India Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
Figure 33. South Korea Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
Figure 34. Rest of APAC Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)
- ABB Ltd
- Cetal
- Eaton
- Leviton Manufacturing Co., Inc.
- Rittal Gmbh & Co. KG
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- SIMON PROtec
- 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