The global electrical enclosure market is poised for significant growth, driven by increasing demand across various industries such as energy, data centers, military and defense, and test and measurement. Electrical enclosures are critical for protecting electrical components from environmental hazards, ensuring safety, and enhancing operational efficiency. The market is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2030, reaching a market size of approximately $7.8 billion by 2030.
In 2025, the global electrical enclosure market is estimated to be valued at $6.1 billion. By 2030, the market is expected to expand to $7.8 billion, reflecting a steady growth trajectory. The market is segmented by product type, process, application, end-use, and region. Key players such as nVent Electric plc, Hubbell, Rittal, Legrand, Eaton, APC, AZZ Inc, Maysteel Industries, AMCO Enclosures, Equipto Electronics, and Hammond Mfg dominate the market, collectively holding a market share of 45%-50%.
The electrical enclosure market is witnessing several key trends:
Recent developments in the electrical enclosure market include:
The electrical enclosure market is segmented as follows:
The global electrical enclosure market is set for robust growth, driven by technological advancements, increasing industrialization, and the rising demand for energy-efficient solutions. Key players are focusing on innovation, sustainability, and strategic partnerships to strengthen their market position. With a projected CAGR of 5.2% and a market size of $7.8 billion by 2030, the electrical enclosure market offers significant opportunities for stakeholders across industries.
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