Modular Panelboard System MPS Market
Modular Panelboard System MPS Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Modular Panelboard System MPS Market Size and Growth
The Modular Panelboard System (MPS) market is experiencing steady growth, driven by rising demands for efficient power distribution in commercial and industrial sectors. The market size is projected to reach approximately $1.2 billion by 2026, influenced by advancements in technology and increasing adoption of energy-efficient solutions globally. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Eaton
◍ ABB
◍ Siemens
◍ GE
◍ Schneider Electric
◍ Legrand
◍ Omran Holding Group
◍ Select Switchgear Limited
◍ IEM
◍ East Coast Power Systems
◍ Thomson Power Systems
The Modular Panelboard System (MPS) market features key players like Eaton, ABB, Siemens, GE, Schneider Electric, and Legrand. These companies innovate through modular designs, enhancing efficiency and customization, thus driving market growth. Notable sales revenues include Eaton: $20 billion, ABB: $28 billion, Siemens: $63 billion, Schneider Electric: $30 billion.
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Market Segmentation
By Application
Commercial Buildings
Healthcare
Data Centers
Industrial
Others
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By Product
I-LINE Panelboards
Others
$ 5.50 Billion
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