Press release
Electric Enclosure Market 2017- Fibox Enclosures, Hubbel, Eldon, ENSTO, Schneider, Eaton, ABB, Emerson, Adalet, Nitto Kogyo, GE, Siemens, Legrand, BOXCO
Electric Enclosure Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors. “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.Scope of the Report:
This report focuses on the Electric Enclosure in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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According to the report, global revenue for Electric Enclosure market was valued at $ 4759.46 million in 2015, and is expected to generate revenue of $ 5981.48 million by end of 2021, growing at a CAGR of slightly above 3.89 % between 2015 and 2021. Electric Enclosure market by volume, which measures output worldwide, was expected to reach 28,556 K Units in 2016 with an increase of 5.50% from its year-earlier level.
Market Segment by Manufacturers, this report covers
The global Electric Enclosure industry is relatively fragmented, with the market share of top 10 Electric Enclosure producers around 58.30 % in 2016. Rittal is the global largest vendors accounted for 13.16 % of the industry revenue share in 2016. Key market players include Pentair, Fibox Enclosures, Hubbel, Eldon, ENSTO, Schneider, Eaton, ABB, Emerson, Adalet, Nitto Kogyo, GE, Siemens, Legrand, BOXCO, SRBox, Allied Moulded Products, ITS Enclosures, Bison ProFab among others.
Market Segment by Regions, regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
Latin America, Middle and Africa
Market Segment by Type, covers
Metallic Electric Enclosure
Non-Metallic Electric Enclosure
An electrical enclosure can be metallic or nonmetallic, based on the application. With the replacement of nonmetallic enclosures, these problems are being solved. Global nonmetallic electric enclosures revenue amounted to $1043.18 million in 2014 and grew by 21.91% to reach $ 1545.26 million in 2015. The market is predicted to increase to about $ 3479.01 million in 2021 with a 17.62 % CAGR from 2016 through 2021
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Market Segment by Applications, can be divided into
Commercial & Industrial
Energy & Power
Food & Beverage
Others
Globally the energy & power sector is growing, and the high demand for enclosures in this vertical is expected to drive the global electrical enclosures market. The growing residential & industrial infrastructure and the expansion in the energy T&D network are the major driving factors for the growth of electrical enclosure market.
There are 13 Chapters to deeply display the global Electric Enclosure market.
This Electric Enclosure Industry report also states Company Profile, sales, Electric Enclosure Market revenue, and price, market share, Contact Information and gross margin by regions.
Finally, the feasibility of new investment projects is assessed, and methodology of the report are offered.
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