Press release
Electric Enclosure Market 2018 - Research on Top Industry Players: Rittal GmbH & Co. KG, Schneider Electric, ABB, Eaton Corporation, Emerson, Pentair, AZZ Incorporated, Legrand, Hubbell Incorporated, Bloomberg LP, Hammond Manufacturing Co. Ltd
Electric Enclosure Market
Global Electric Enclosure Market report provides historical data along with future forecast and detailed analysis for Electric Enclosure Market on a global and regional level. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The study encompasses a market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness.
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Major Market Drivers:
• Increasing demand for enclosures in the renewable energy sector.
• Safety and process regulations became strict.
• Increased industrial maintenance operations cost.
• Connected cities in developing regions are prioritized.
Restraints:
• Seal leakage problems in electric enclosure.
• Competition in prices.
Market Analysis:
The global electric enclosure market is expected to reach USD 8.2 billion by 2025, from USD 5.8 billion in 2017, growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
This market report defines the market trends and forecast the upcoming opportunities and threats of the electric enclosure market in the next 8 years. National electrical manufactures association, states that enclosure is a case, which provides protection against incidental contact and environmental condition. It is a cabinet for electronic components to cover displays, switches and knobs to avoid electric shocks. Electrical enclosures are used for the protection of electrical components such as power generators, transformers, and other telecommunication devices. The demand of electrical enclosures is basically driven by various national regulatory standards. Strict rules are imposed in hazardous areas to avoid fire and explosion risk. It is useful in locations such as coal mines and chemical plants, where risk is associated with flammable gases, combustible dust, and other volatile vapours. To circumvent these incidents, various regulations are formulated in the field of electric enclosure market, for instance According to, the association of electrical equipment and medical imaging manufacturers; NEMA 250-2014 covers enclosures for electrical components. It should not exceed more than 1000 V when installed in non-hazardous and hazardous locations and ANSI C37.50-2012 Covers the test procedures for enclosed low voltage ac power circuit.
Competitive Analysis:
The global electric enclosure market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electric enclosure market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
• Rittal GmbH & Co.
• Schneider Electric
• ABB
• Eaton.
• Emerson Electric Co.
• Pentair plc
• AZZ Inc.
• Legrand
• Hubbell.
• Bloomberg L.P.
• Hammond Manufacturing Ltd.
• FIBOX
• Saginaw Control and Engineering
• Leviton Manufacturing Co., Inc.
• Adalet.
• Eldon CS Enclosures Pvt Limited
• ALLIED MOULDED PRODUCTS, INC.
• Austin Electrical Enclosures.
• OMEGA Engineering
• Klassen Custom Fabricating Inc.
• Siemens Ltd.
• Others.
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Market Segmentation: Global Electric Enclosure Market
Based on application type:
• Power Generation
• Global Electrical Enclosures Market for Power Industry by T&D.
On the basis of service type:
• Automation and Integration Services
• Microservice Monitoring and Management Services
• API Management Services
• Support and Maintenance Services
• Training and Consulting Services
• Others
On the basis of product size:
• Small
• Compact
• Free Size
On the basis of end-use industry:
• Food & Beverages
• Commercial
• Energy & Power
• Others
On the basis of metallic enclosures:
• Metallic Enclosures
• Non-Metallic Enclosures
On the basis of mounting type:
• Wall-Mounted Enclosure
• Free-Standing Enclosure
• Underground Electric Enclosure
On the basis of form factor:
• Small Enclosures
• Compact Electric Enclosures
• Free-Size Electric Enclosures
On the basis of industry vertical:
• Power Generation and Distribution
• Oil & Gas
• Metals & Mining
• Medical
• Pulp & Paper
• Transportation
• Food & Beverages
• Other Industry Verticals
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Electric Enclosure Market?
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
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