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The global electrical enclosure market reached a value of around US$ 6 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An electrical enclosure refers to a closed cabinet that houses various equipment such as power generators, transformers and telecommunication devices along with various other components such as mount switches, knobs and display monitors. They are used to prevent the damage resulting from accidental contact by users and add to the aesthetic value of the space. The enclosures can be both metallic and non-metallic depending upon their application and the preference of the end user. Electrical enclosures seal tightly and prevent penetration of water or moisture. They also protect against electromagnetic interference, electrical breakdown and power dissipation. They find extensive applications in locations with potential risks of flammable gasses, combustible dust and volatile vapors or particles.
The growing trend of automation in industries, along with the increasing product integration in smart homes is one of the key factors driving the growth of the market. In various developing nations, there is an urgent need to upgrade the existing power infrastructure to meet the energy demand of the rapidly increasing population. This, coupled with the installation of power stations running on renewable energy sources such as solar and wind, is another factor contributing to the market growth. Additionally, governments of both the developed and emerging nations are mandating the installation of electrical enclosures in residential, commercial and industrial complexes in order to prevent accidents and casualties. Other factors such as increasing adoption of smart grids, growing demand for internet of things (IoT)-enabled industrial enclosures, rising awareness regarding the benefits of electrical enclosures, are further driving the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global electrical enclosure market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on type, material type, mounting type, form factor, product type, design and end-user.
Breakup by Type
Breakup by Material Type:
Breakup by Mounting Type:
Breakup by Form Factor:
Breakup by Product Type:
Breakup by Design:
Breakup by End-User:
Breakup by Region:
The report has also analyzed the competitive landscape of the market with some of the key players being Schneider Electric, ABB Ltd., Eaton Corporation, Adalet, Emerson Electric Company, Pentair, Siemens, Allied Moulded Products, AZZ Incorporated, Fibox Enclosures, GE, Legrand SA, Hubbell Incorporated, Socomec Group SA, Rittal GmbH & Co. Kg., etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Material Type, Mounting Type, Form Factor, Product Type, Design, End-User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Schneider Electric, ABB Ltd., Eaton Corporation, Adalet, Emerson Electric Company, Pentair, Siemens, Allied Moulded Products, AZZ Incorporated, Fibox Enclosures, GE, Legrand SA, Hubbell Incorporated, Socomec Group SA and Rittal GmbH & Co. Kg.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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