Global Electric Enclosure Market, By Material Type (Metallic Enclosures, Non-Metallic Enclosures), Mounting Type (Wall-Mounted Enclosure, Free-Standing Enclosure, Underground Electric Enclosure), Form Factor (Small Enclosures, Compact Electric Enclosures, Free-Size Electric Enclosures), Industry Vertical (Power Generation and Distribution, Oil and gas, Metals and Mining, Medical, Pulp and Paper, Food and Beverages, Transportation, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses the electric enclosure market will exhibit a CAGR of 6.75% for the forecast period of 2022-2029.
The electric enclosure is a cabinet used to install switches, knobs, and displays on electric equipment to prevent electrical shock and protect the content from the elements. Electrical equipment such as power distribution systems, power generators, transmitters, and others are protected by the enclosure. Weather threats such as sleet, rain, snow or dirt are protected by the enclosure.
The growing need for enclosures in the renewable energy sector is a key element driving market expansion. The electric enclosure market is also being driven by factors such as rising industrial maintenance costs, a growing focus on connected cities in developing areas, and strict safety and process laws, among others. Furthermore, expanding trend of automation in industries and the rising product integration in smart homes will enhance the growth rate of electric enclosure market.
Moreover, the growing relevance of customer services and the demand for internet of things (IoT) -enabled industrial enclosures will create beneficial opportunities for the growth of the market.
However, price competitiveness and seal leakage difficulties in electric enclosures will hamper the market’s growth rate and minimizing lead time will further pose a challenge to the market.
This electric enclosure market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on electric enclosure market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Electric Enclosure Market Scope and Market Size
The electric enclosure market is segmented on the basis of material type, mounting type, form factor and industry vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of material type, the electric enclosure market is segmented into metallic enclosures and non-metallic enclosures.
- On the basis of mounting type, the electric enclosure market is segmented into wall-mounted enclosure, free-standing enclosure and underground electric enclosure.
- The electric enclosure market is also segmented on the basis of form factor into small enclosures, compact electric enclosures and free-size electric enclosures.
- Based on industry vertical, the electric enclosure market is segmented into power generation and distribution, oil and gas, metals and mining, medical, pulp and paper, food and beverages, transportation and others.
Electric Enclosure Market Country Level Analysis
The electric enclosure market is analysed and market size, volume information is provided by country, material type, mounting type, form factor and industry vertical as referenced above.
The countries covered in the electric enclosure market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the electric enclosure market and will continue to flourish its trend of dominance due to the growing investment in the power generation and distribution industry and presence of vast rail and road network in this region.
The country section of the electric enclosure market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Electric Enclosure Market Share Analysis
The electric enclosure market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric enclosure market.
Some of the major players operating in the electric enclosure market are Rittal GmbH & Co. KG, Schneider Electric, ABB, Eaton, Emerson Electric Co., Pentair., AZZ Inc., Hubbell Incorporated., Legrand., Hammond Manufacturing Ltd., Saginaw Control & Engineering, Leviton Manufacturing Co., Inc., Adalet, TAKACHI ELECTRONICS ENCLOSURE CO., LTD., Austin Electrical Enclosures., OMEGA Engineering, Fibox Oy Ab, Siemens, General Electric, and Socomec, among others.
Customization Available : Global Electric Enclosure Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.