ELECTRIC CONTROL PANELMARKET REPORT OVERVIEW Global electric control panel market size was USD 1.45 billion in 2023 and market is projected to touch USD 2.06 billion by 2032 at CAGR 3.95% during the forecast period. Electric control panel is a cabinet, which contains electrical components to control the motors and equipment. These are designed to control every piece of equipment in every industry. Electric control panel is used to control mechanical equipment, each one is designed for a particular equipment arrangement and includes devices that allow an operator to control specific equipment.Electric instruments that monitor and control machinery or mechanical equipment operations are assembled in rigid enclosures known as electric control panels. Manufacturing sector is turning manual operations into digital processes due to the industrial transition toward digitalization, which is anticipated to assist the expansion of the electric control panel market in the subsequent years. Participants are fixing their efforts on encouraging R& D. Technological development are supporting the regional market growth. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Companies coming up with progressive technological solutions for firming their positions.