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Distribution Boards Market

Nov 02, 2017

A Distribution Board (also known as panelboard, breaker panel, or electric panel) is a component of an electricity supply system that divides an electrical power feed into subsidiary circuits, while providing a protective fuse or circuit breaker for each circuit in a common enclosure.

The Distribution Boards Market is projected to grow from an estimated USD 4.33 Billion in 2016 to USD 5.91 Billion by 2021, registering a CAGR of 6.4% from 2016 to 2021. This growth can be attributed to the rise in construction and infrastructural activities, increasing power generation, and increasing upgradation of transmission & distribution infrastructure, triggered by the rising energy demand.