Electric Enclosure market size is estimated to be worth USD 6957 million in 2022 and is forecast to a readjusted size of USD 9323 million by 2028 with a CAGR of 5.0% - Valuates Reports

Due to the COVID-19 pandemic, the global Electric Enclosure market size is estimated to be worth USD 6957 million in 2022 and is forecast to a readjusted size of USD 9323 million by 2028 with a CAGR of 5.0% during the review period.

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Fully considering the economic change by this health crisis, Metallic accounting for % of the Electric Enclosure global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Commercial & Industrial segment is altered to an % CAGR throughout this forecast period.

What Is Electric Enclosure?
Electrical enclosure is used to protect the electrical equipment such as power generators, transmitters, power distributers and other electrical equipment. Electrical enclosure includes two types' metallic and nonmetallic. Equipment such as power generation, transmitters and power distribution uses enclosure as a cabinet to mount switches, display and knobs and to prevent electric shock to users and protect the equipment various environmental changes. The enclosure will not be created for utilitarian requirements but also to please the eye of the consumer.

Electric Enclosure Market Size and Share
The major players in global Electric Enclosure market include Rittal, Schneider, Pentair, etc. The top 3 players occupy about 25% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 60% of the global market. Metallic is the main type, with a share about 60%. Commercial & Industrial is the main application, which holds a share about 40%.

In terms of production side, this report researches the Electric Enclosure capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Electric Enclosure by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Electric Enclosure Market Scope and Segment
Electric Enclosure market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Electric Enclosure market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Electric Enclosure Market Segment By Type
Metallic
Non-Metallic

Electric Enclosure Market Segment By Application
Commercial & Industrial
Energy & Power
Food & Beverage
Others

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Similar Reports -

Metallic Electrical Enclosure Market - https://reports.valuates.com/market-reports/QYRE-Auto-35G9481/global-metallic-electrical-enclosure

Wall-mounted Electrical Enclosure Market - https://reports.valuates.com/market-reports/QYRE-Auto-33X2867/global-wall-mounted-electrical-enclosure

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