Electrical Enclosure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Electrical Enclosure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1583
Buy Now

Market Overview:

The global electrical enclosure market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.51% during 2023-2028.

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global electrical enclosure market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, material type, mounting type, form factor, product type, design and end-user.

Breakup by Type:

  • Junction Enclosures
  • Disconnect Enclosures
  • Operator Interface Enclosures
  • Environment and Climate Control Enclosures
  • Push Button Enclosures
     

Breakup by Material Type:

  • Metallic
  • Nonmetallic
     

Breakup by Mounting Type:

  • Wall-Mounted Enclosure
  • Floor-Mounted/Free-Standing Enclosure
  • Underground
     

Breakup by Form Factor:

  • Small 
  • Compact 
  • Full-size 
     

Breakup by Product Type:

  • Drip-Tight
  • Hazardous Environment
  • Flame/Explosion Proof
  • Dust-Tight
  • Others 
     

Breakup by Design:

  • Standard Type
  • Custom Type
     

Breakup by End-User:

  • Power Generation
  • Transmission and Distribution
  • Other Electrical Equipment
     

Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America


Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Schneider Electric, ABB Group, Eaton Corporation, Adalet, Emerson Electric Company, Pentair, Siemens Aktiengesellschaft, Allied Moulded Products, AZZ Incorporated, Fibox Oy Ab, General Electric Company, Legrand SA, Hubbell Incorporated, Socomec Group SA and Rittal GmbH & Co. Kg., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
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 Group, Eaton Corporation, Adalet, Emerson Electric Company, Pentair, Siemens Aktiengesellschaft, Allied Moulded Products, AZZ Incorporated, Fibox Oy Ab, General Electric Company, 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$ 2499
Five User License: US$ 3499
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

The global electrical enclosure market was valued at US$ 6.7 Billion in 2022.

We expect the global electrical enclosure market to exhibit a CAGR of 7.51% during 2023-2028.

The growing levels of automation across various industries, coupled with the extensive applications of electrical enclosure in locations with potential risks of flammable gasses, combustible dust, and volatile vapors, are primarily driving the global electrical enclosure market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries, thereby limiting the demand for electrical enclosures.

Based on the type, the global electrical enclosure market has been segmented into junction enclosures, disconnect enclosures, operator interface enclosures, environment and climate control enclosures, and push button enclosures. Among these, junction enclosures currently hold the majority of the total market share.

Based on the material type, the global electrical enclosure market can be divided into metallic and nonmetallic. Currently, nonmetallic exhibits a clear dominance in the market.

Based on the mounting type, the global electrical enclosure market has been categorized into wall- mounted enclosure, floor-mounted/free-standing enclosure, and underground. Among these, floor- mounted/free-standing enclosure currently accounts for the majority of the global market share.

Based on the end user, the global electrical enclosure market can be segregated into power generation, transmission and distribution, and other electrical equipment. Currently, power generation holds the largest market share.

On a regional level, the market has been classified into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global electrical enclosure market include Schneider Electric, ABB Group, Eaton Corporation, Adalet, Emerson Electric Company, Pentair, Siemens Aktiengesellschaft, Allied Moulded Products, AZZ Incorporated, Fibox Oy Ab, General Electric Company, Legrand SA, Hubbell Incorporated, Socomec Group SA, Rittal GmbH & Co. Kg., etc.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Electrical Enclosure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Select License Type



Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More