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Global Electrical Enclosures Market Share, Emerging Trends, Major Players, Analysis and Forecast to 2030
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In terms of revenue, the global electrical enclosures market was valued at US$ 6.02 Bn in 2021, growing at an estimated CAGR of 9.5% over the forecast period. Safety is the most important factor that when developing any type of mechanical or electrical products. Each passing day, with the technological evolution, safer and more efficient products are being developed. Electrical enclosure is one such product which is seeing tremendous demand. An electrical enclosure basically happens to be a cabinet for electronic equipment for mounting displays, switches and knobs mainly to prevent shock to those using it along with protecting the nearby environment. It safeguards the electronic devices from any rain, dust or changing climate. This electrical enclosure is a part of the electrical or electronic equipment which is visible to the users, and is likely to be designed for two things, one is utilitarian needs and pleasing to the eye. The manufacturing of an electrical enclosure is totally dependent on the industry it is being used as regulations are likely to dictate the kind of features it would have. The electrical enclosures market is rapidly growing in wake of several factors. One of the major factors that contributes in the growth of this market is rising safety standards across the globe.
The electrical enclosures market saw a dip in revenue generation during the period of coronavirus pandemic. Halt in infrastructure development projects in wake of restrictions imposed to curb the spread of the life-threatening SARS-CoV-2 virus, caused this downfall in the demand.
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Some of the Key Players Operating in the Global Electrical Enclosures Market include:
ABB
Adalet
Emerson Electric Co.
Giant Reinforced Plastic Industries
Intact Controls
Legrand SA
Rittal GmbH & Co. KG
RR Global
Schneider Electric
Scientechnic
Siemens
Other Market Participants
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Our 420+ Pages Report titled, Electrical Enclosures Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Electrical Enclosures Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Electrical Enclosures Market Segmentation:
By Material Type
Metallic
Non metallic
By Configuration
Wall mounting
Floor Standing
Pole Mount
Pad Mount
Others
By Distribution Channel
Indirect
Direct
By Enclosure Type
Large Electrical Enclosure
Modular Electrical Enclosure
Access Control Enclosure
Electrical Pedestal Enclosure
Double Door Electric Enclosure
Others
By End User
Industrial
Commercial
Residential
By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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