E-House Market Size, Share & Growth Forecasts to 2028 - Schneider Electric SE; Siemens AG; WEG; StarFlite Systems, Sécheron; Powergear

An electrical house (E-house) is a prefabricated mobile enclosure that contains various electrical and electronic components, including transmission devices, digital electronic systems, medium- and low-voltage switchgear, and other auxiliary equipment. It is utilized for power transmission and delivery in various end-use industries, including oil & gas, chemicals, trains, aerospace, and metal manufacturing. In both small and large-scale projects, it is frequently linked to the main loads to save the needed cable size and energy costs drastically. As E-house is such highly sophisticated machinery, any system flaws must be fixed and mitigated by qualified experts. Therefore, the e-house market growth is constrained by a shortage of skilled technicians. Additionally, since E-houses include switchgear, automated sensors, control power distribution boards, and other parts that require expensive maintenance, they can only be used in sectors with low investment potential, which hinders the expansion of the global e-house market size.

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ABB Ltd.; Eaton; Becker Mining System AG; Schneider Electric SE; Siemens AG; WEG; StarFlite Systems; Sécheron; Powergear Limited; and Powell Industries, Inc. are a few key players that are profiled during the e-house market analysis. Moreover, the performances of several other essential players were also analyzed to get a holistic view of the e-house market size and its ecosystem.

Impact of COVID-19 Pandemic on E-House Market Analysis

Before the outbreak of COVID-19, the e-house market experienced substantial growth due to the rising demand from oil & gas, mining, steel and metal, and heavy industries as they depended on E-house for power supply. The pandemic resulted in a worldwide health and economic crisis. Many industries were shut down, or operations were limited. For instance, in March 2021, the Netaji Subhash Chandra Bose International Airport in Kolkata halted an expansion project worth US$ 137.48 million due to the pandemic.

Restrictions imposed by governments in various countries halted the growth of the transportation industry, negatively affecting the oil & gas sector and consequently impacting E-houses sales. For instance, in April 2020, Brazil's oil & gas regulator ANP temporarily suspended the 17th round of auction bids due to economic uncertainty in the wake of the COVID-19 pandemic. However, as industrial activities gradually returned to normalcy by the last quarter of 2020, market players witnessed steady growth in demand for E-houses. For example, in September 2020, the Netherlands government has located US$ 2,255.01 million for the maintenance and replacement of railways, roads, dams, waterways, and dykes.

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Key stakeholders in the global e-house market analysis ecosystem include component suppliers, manufacturers, system integrators, distributors, end users, and regulatory bodies. Components used in making E-houses are transformers, bus bars, power management systems, variable frequency drives, switchgear, HVACs, and others.

Strategic insights:
E-house market players are actively adopting strategic market initiatives, which involve the expansion of their footprints globally and meeting the surge in customer demand. The E-house market players are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.

- In May 2022, A purpose-designed electrical house (E-House) from Zest WEG is driving one of the largest new High-Intensity Grinding (HIG) mills in the southern hemisphere, which was recently installed at a platinum mine in South Africa's Northwest province.
- In September 2020, Zest WEG, a subsidiary of WEG Group, supplied a complete low-voltage substation to Sasol's Prillan plant in Sasolburg, South Africa. The custom-designed solution includes a double-story E-house, transformers, variable speed drive (VSD) panels, and distribution boards. The specialized E-house has several fit-for-purpose features.

In January 2022, a new rail project was inaugurated in South Korea to connect the Donghae line between Jejin Station, Goseong, and Gangneung. The project is worth US$ 2.31 billion and is expected to be completed by 2027. This will require power supply systems for the installation of route lines and other operations for the construction of rail project. Thus, the growing construction of such projects and government initiatives to develop infrastructure across Asia Pacific countries are expected to boost the E-house market growth in the region.

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