Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global ELECTRIC CONTROL PANEL market in this environment.
In terms of revenue, this research report indicated that the global ELECTRIC CONTROL PANEL market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of ELECTRIC CONTROL PANEL industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Schneider Electric aims at producing XX ELECTRIC CONTROL PANEL in 2020, with XX % production to take place in global market, ABB accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of ELECTRIC CONTROL PANEL Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in ELECTRIC CONTROL PANEL Market?
Schneider Electric
ABB
Siemens
GE
NSI
SIMON
Leviton
KBMC
Paneltronics
Penrbo Kelnick
Konark Automation
B&B Assemblies
PandAria
...
Major Type of ELECTRIC CONTROL PANEL Covered in XYZResearch report:
Low Tension Control Panels
High Tension Control Panels
Instrument Control Panels
Motor Control Panels
Lighting Control Panels
Generator Control Panels
Application Segments Covered in XYZResearch Market
Power Generation
Automotive Industries
Oil and Gas
Aerospace
Food And Beverage
Automation Industry
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global ELECTRIC CONTROL PANEL Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Low Tension Control Panels -Product Introduction and Major Manufacturers
1.1.2 High Tension Control Panels -Product Introduction and Major Manufacturers
1.1.3 Instrument Control Panels -Product Introduction and Major Manufacturers
1.1.4 Motor Control Panels -Product Introduction and Major Manufacturers
1.1.5 Lighting Control Panels -Product Introduction and Major Manufacturers
1.1.6 Generator Control Panels -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global ELECTRIC CONTROL PANEL Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China ELECTRIC CONTROL PANEL Market
3.1.1 Top Companies leading ELECTRIC CONTROL PANEL Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU ELECTRIC CONTROL PANEL Market
3.2.1 Top Companies leading ELECTRIC CONTROL PANEL Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA ELECTRIC CONTROL PANEL Market
3.3.1 Top Companies leading ELECTRIC CONTROL PANEL Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan ELECTRIC CONTROL PANEL Market
3.4.1 Top Companies leading ELECTRIC CONTROL PANEL Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India ELECTRIC CONTROL PANEL Market
3.5.1 Top Companies leading ELECTRIC CONTROL PANEL Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia ELECTRIC CONTROL PANEL Market
3.6.1 Top Companies leading ELECTRIC CONTROL PANEL Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America ELECTRIC CONTROL PANEL Market
3.7.1 Top Companies leading ELECTRIC CONTROL PANEL Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America ELECTRIC CONTROL PANEL Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 ELECTRIC CONTROL PANEL Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on ELECTRIC CONTROL PANEL Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global ELECTRIC CONTROL PANEL Sales and Growth Rate (2021-2026)
5.2 Global ELECTRIC CONTROL PANEL Sales Value and Growth Rate (2021-2026)
6 ELECTRIC CONTROL PANEL Competitive Analysis
6.1 Schneider Electric
6.1.1 Schneider Electric Company Profiles
6.1.2 Schneider Electric Product Introduction
6.1.3 Schneider Electric ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 ABB
6.2.1 ABB Company Profiles
6.2.2 ABB Product Introduction
6.2.3 ABB ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Siemens
6.3.1 Siemens Company Profiles
6.3.2 Siemens Product Introduction
6.3.3 Siemens ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 GE
6.4.1 GE Company Profiles
6.4.2 GE Product Introduction
6.4.3 GE ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 NSI
6.5.1 NSI Company Profiles
6.5.2 NSI Product Introduction
6.5.3 NSI ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 SIMON
6.6.1 SIMON Company Profiles
6.6.2 SIMON Product Introduction
6.6.3 SIMON ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Leviton
6.7.1 Leviton Company Profiles
6.7.2 Leviton Product Introduction
6.7.3 Leviton ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 KBMC
6.8.1 KBMC Company Profiles
6.8.2 KBMC Product Introduction
6.8.3 KBMC ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Paneltronics
6.9.1 Paneltronics Company Profiles
6.9.2 Paneltronics Product Introduction
6.9.3 Paneltronics ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Penrbo Kelnick
6.10.1 Penrbo Kelnick Company Profiles
6.10.2 Penrbo Kelnick Product Introduction
6.10.3 Penrbo Kelnick ELECTRIC CONTROL PANEL Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Konark Automation
6.12 B&B Assemblies
6.13 PandAria
7 Conclusion
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