Press release
North American Electric Enclosure Market: Analysis Report, Share, Trends and Overview 2020-2026
North American electric enclosure market is estimated to grow at a CAGR of 4.4% during the forecast period. As per the National Association of Manufacturers (NAM), manufacturers in the US represent 11.4% of the total output in the economy, which employs 8.5% of the workforce. In 2018, the total output from manufacturing was $2,334.6 billion. Additionally, in 2018, an average of 12.8 million manufacturing employees reported in the US. In 2018, there were 249,962 manufacturing firms in the US. Food and beverage are one of the main manufacturing sectors in the US.(Get 15% Discount on Buying this Report)
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Enclosures for electrical and switchgear equipment are crucial across the production and engineering sectors which includes food and beverage manufacturing firms. For sensitive electrical components, the enclosure develops a protective environment and protects operatives from coming into contact with the electrical circuitry. Enclosures are particularly designed to fulfill the needs of food and beverage manufacturing lines that are normally known as “Hygienic Design” enclosures. Everything which is linked with a food manufacturing line must fulfill the required standards for cleanliness, and that comprises the enclosures for the protection of electrical equipment that fuels any concerned automated processes.
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Scope of the North America Electric Enclosure Market
Market Coverage
• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Material and Vertical
• Countries Covered- US and Canada
• Competitive Landscape- Eaton Corp., Hubbell Inc., Emerson Electric Co., ABB Ltd., and Schneider Electric SE
Recent Strategic Initiatives in the North American Electric Enclosure Market
• In May 2019, Toshiba Mitsubishi-Electric Industrial Systems Corp. (TMEIC) declared the launch of the TMdrive-Guardian. It is an outdoor enclosure for its renowned TMdrive-MVe2 medium voltage (MV) variable frequency drive (VFD). This is a self-sufficient enclosure that avoids the requirement of the house the drive in a temperature-controlled industrial control building or E-house.
• In May 2019, Rittal launched the AX and KX enclosures that are fixed with digital processes. This new range delivers easier, increased safety, greater flexibility, and component installation, and faster assembly. These are redesigned with the principles of Industry 4.0.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
North American Electric Enclosure Market-Segmentation
By Material
• Metallic
• Non-Metallic
By Vertical
• Energy and Utilities
• Industrial (Automotive and Manufacturing)
• IT and Telecommunication
• Process Industries
• Others
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North American Electric Enclosure Market– Segment by Country
• US
• Canada
Company Profiles
• ABB, Ltd.
• Adalet/Scott Fetzer Co.
• Allied Moulded Materials, Inc.
• Austin Electrical Enclosures
• AZZ Inc.
• Eaton Corp.
• Emerson Electric Co.
• Hammond Manufacturing Ltd.
• Hubbell Inc.
• Klassen Custom Fabrication Inc.
• Leviton Manufacturing Ltd.
• Saginaw Control and Engineering
• Schneider Electric SE
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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