Press release
E-House Market research report features incredible demand globally
The E-House Market is expected to grow from US$ 1,614.70 million in 2022 to US$ 2,253.46 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.The E-house market is expected to experience a surge in growth during the forecast period due to the rapid expansion of the mining and oil & gas sectors in the Middle East, as well as the growing demand for E-houses in the African utility industry. Additionally, countries in the Middle East and Africa, such as Iraq, recovering from civil unrest, are expected to provide lucrative opportunities for E-house market growth. To restore basic amenities like power supply to businesses and people, Iraq's government ordered 12 mobile substations for its utility sector in 2017, installing new substations and overcoming the power shortage issue. Countries like Mozambique, Angola, and Libya drive the demand for E-houses in the MEA region.
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Analysis of the Top Market Players:
1. ABB Ltd
2. Eaton
3. Becker Mining Systems AG
4. Schneider Electric SE
5. Siemens AG
6. WEG
7. StarFlite Systems
8. S?cheron
9. Powergear Limited
10. Powell Industries, Inc.
In this report, the market has been segmented on the basis of:
Type (Fixed Substation and Mobile Substation)
Component (Transformer, Bus Bar, Power Management System, Variable Frequency Drive, Switchgear, HVAC, and Others)
Application (Industrial and Utilities)
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Kontrolmatik is a prominent E-house company operating in the MEA region. It manufactures complete prefabricated and containerized E-house solutions at its Mobile Energy Solutions Factory in Ankara, Turkey. The company is involved in various aspects of E-house systems, from equipment supply to system integration, engineering, testing, and commissioning. The MEA region's oil and gas projects, including Upper Zakum - Production Capacity Enhancement, Ruwais Refinery Complex - Refinery Expansion, Zubair Oil Field - Rehabilitation Phase and Enhanced Re-Development Phase, Ras Laffan - Qatargas - NFE, Basra Gas Gathering Project, and Al Zour Refinery, offer significant growth opportunities for the E-house market.
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