Global Electric Enclosure Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Electric Enclosure Industry Forecast” looks at past sales and reviews total world Electric Enclosure sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Enclosure sales for 2023 through 2029. With Electric Enclosure sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Enclosure industry.
This Insight Report provides a comprehensive analysis of the global Electric Enclosure landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Enclosure portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Enclosure market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Enclosure and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Enclosure.
The global Electric Enclosure market size is projected to grow from US$ 6455.5 million in 2022 to US$ 9197.3 million in 2029; it is expected to grow at a CAGR of 9197.3 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Enclosure market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Metallic
Non-Metallic
Segmentation by application
Commercial & Industrial
Energy & Power
Food & Beverage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rittal
Schneider
Pentair
ABB
Hubbel
Eaton
Fibox Enclosures
GE
Emerson
Eldon
Nitto Kogyo
ENSTO
Siemens
Legrand
Adalet
Allied Moulded Products
BOXCO
Bison ProFab
SRBox
ITS Enclosures
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Enclosure market?
What factors are driving Electric Enclosure market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Enclosure market opportunities vary by end market size?
How does Electric Enclosure break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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