Electrical Board and Console Market

Electrical board and console market: get the latest info enhanced by an Ai-driven business intelligence platform. Information provide production, imports, market size, market prices, exports, trade, consumption, and companies. Here is a breakdown by country, including EU, the U.S., the U.K., the Middle East, Latin America, Africa, Russia, and China. Market dynamics and forecast to 2030 are also featured in the reports.

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Electrical Board and Console - World's Largest Markets

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Japan.

In the United States, the electrical board and console market increased at an average annual rate of +2.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: China (+4.6% per year) and Japan (-10.2% per year).

Electrical Board And Console Prices

Electrical Board and Console - Top Importers

In value terms, the United States ($372M), China ($322M) and the United Arab Emirates ($198M) were the countries with the highest levels of imports in 2020, with a combined 17% share of global imports. Iraq, Thailand, Indonesia, Russia, Germany, the Philippines, Vietnam, Denmark, Finland and Sweden lagged somewhat behind, together accounting for a further 24%.

Iraq (+79.0% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Electrical Board and Console - Top Exporters

In value terms, the largest electrical board and console supplying countries worldwide were China ($1.2B), Germany ($1.1B) and France ($349M), with a combined 44% share of global exports. Spain, Poland, Turkey, the Czech Republic, Italy, Norway, the Philippines, South Korea, India and Estonia lagged somewhat behind, together comprising a further 28%.

The Philippines (+413.8% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Electrical Board and Console - Market Forecast

Driven by rising demand for electrical board and console worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Electrical Board and Console - Top Companies

Xinjiang Xindadi Industry and Trade Co., Ltd., ALPS ELECTRIC CO., LTD., Infineon Technologies Austria AG, Schneider Electric Usa, Inc., Siemens Aktiengesellschaft Österreich, Zhejiang Chint Electrics Co., Ltd., MEIDENSHA CORPORATION, Robert Bosch Elektronika Gyártó Kft., Daqo Group Co., Ltd., Phoenix Contact GmbH & Co. KG, SIEMENS LIMITED, DELTA ELECTRONICS (THAILAND) PUBLIC COMPANY LIMITED, Henan Pinggao Electric Co., Ltd., Littelfuse, Inc., Tianjin Anjia Electric Control Equipment Factory, NITTO KOGYO CORPORATION, CG POWER AND INDUSTRIAL SOLUTIONS LIMITED, Sensata Technologies Holland B.V., PV TECH PTE. LTD.- PHILIPPINE BRANCH OFFICE, Qingdao TGOOD Electric Co., Ltd.

Electrical Board and Console - Product Coverage

• HS 853720 - Boards, panels, consoles, desks and other bases; for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage exceeding 1000 volts

Source: IndexBox Market Intelligence Platform