The U.S. Non-Metallic Enclosure Market is expected to grow with the CAGR of 5.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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The U.S. non-metallic enclosure market is a highly consolidated, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in the U.S. non-metallic enclosure market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This has helped companies to maximize the sales with enhanced product portfolio. For instance, in February 2018, Hubbell announced its complete acquisition of Aclara Technologies LLC. Aclara Technologies LLC provides a comprehensive suite of solutions including advanced metering infrastructure, meters and edge devices among others. The acquisition enhanced Hubbell’s competitive position across power utility markets. This strengthened the company’s visibility in the market and added to the market growth.
Hubbell is the dominating player in the U.S. non-metallic enclosure market. The other key players existing in the non-metallic enclosure market include Allied Moulded Products, Inc., OMEGA Engineering (a subsidiary of Spectris), Arlington Industries, Inc., Robroy Industries, Schneider Electric, ABB, Legrand SA, Eaton, Emerson Electric Co., Polycase, nVent, FIBOX Enclosures and others.
Hubbell is headquartered in Connecticut, U.S. and was incorporated in 1888. The company focuses on the manufacture of quality electrical products and utility solutions for multiple end market applications. The company operates its business via several segments including electrical solutions segment and utility solutions segment in which utility solutions segment is the market focused segment. The company has several products under categories which are data & communications, electrical & electronics, lighting & controls and power & utilities in which power & utilities is the market focused category.
The company has presence across North America, South America, Europe and Asia-Pacific. The company also has various subsidiaries including Bel Manufacturera, S.A. de C.V. (Mexico), GAI-Tronics S.r.l. (Italy), Haefely Test, AG (Switzerland), Dongguan Hubbell Electrical Products Company Limited (China), Harvey Hubbell Limited (U.K.) among others.
ABB is headquartered in Zurich, Switzerland and was founded in 1988. The company provides software solutions and electrical products for the end user in domains such as electrification and automation among others. The company operates its business via several segments including electrification, industrial automation, motion and robotics & discrete automation in which electrification is the market focused segment. The company has several products under categories including protection & distribution, critical power and installation products in which installation products is the market focused category.
The company has wide presence across Americas, Europe, Asia-Pacific and Middle East and Africa. The company also has various subsidiary companies including ABB S.A. (Argentina), ABB Electrification Canada ULC (Canada), ABB Beijing Switchgear Limited (China), ABB Xiamen Low Voltage Equipment Co. Ltd. (China) and ABB Xinhui Low Voltage Switchgear Co. Ltd. (China) among others.
nVent is headquartered in London, U.K. and was founded in 1903. The company provides high quality electrical connection and protection solutions for sensitive equipment, building and critical process among others. The company operates its business via several segments including enclosures, electrical & fastening solutions and thermal management in which enclosures is the market focused segment. The company has several products under categories which are cabinets & electronics packaging, concrete reinforcing steel connections, data center & networking solutions, electrical enclosures, electrical fasteners, hangers & support, electrical heat tracing systems, enclosure cooling & heating, facility electrical protection, fire rated wiring, floor heating, leak detection and low voltage power & grounding in which electrical enclosures is the market focused category.
The company has presence across Americas, Europe, Asia-Pacific and Middle East and Africa. The company also has various subsidiaries including Alberta Electronic Company Limited (Hong Kong), Eldon Electric Limited (U.K.), Eldon CS Enclosures Pvt Limited (India), Eldon GmbH (Germany), ERICO Lightning Technologies Pty. Limited (Australia) among others.
U.S. Non-Metallic Enclosure Market – Industry Trends and Forecast to 2028