Electrical Enclosure Market

Global Electrical Enclosure Market:

The global electrical enclosure market size reached US$ 7.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032. The rising adoption of EVs, coupled with the widespread popularity of automated control systems, is primarily augmenting the market.

Electrical Enclosure Market Analysis:

• Major Market Drivers: The proliferation of 5G technology is escalating the requirement for secure enclosures for telecommunications equipment, which is one of the key drivers fueling the market. Moreover, the rising demand for miniaturization in electrical components is also acting as another significant growth-inducing factor.
• Key Market Trends: The increasing integration of smart monitoring systems with renewable energy projects represents one of the emerging trends bolstering the overall market. Additionally, the introduction of new materials that offer better durability, optimal heat resistance, enhanced cost-efficiency, etc., is further strengthening the market.
• Competitive Landscape: Some of the prominent companies in the global 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, and Rittal GmbH & Co. Kg., among many others.
• Geographical Trends: Asia Pacific exhibits a clear dominance in the market, owing to the inflating number of technological parks, factories, and infrastructural development projects that are fueling the usage of electrical enclosures to meet different operational and safety needs.
• Challenges and Opportunities: The elevating concerns among industry players towards ensuring durability and protection against harsh environmental conditions are hindering the market. However, the development of advanced materials and robust design standards to enhance the reliability of these enclosures will continue to stimulate the market in the coming years.
   

Electrical Enclosure Market Trends:

Popularity of Connected Enclosures

The widespread proliferation of IoT devices and the expanding smart infrastructures are bolstering the demand for smart electrical enclosures, which, in turn, is stimulating the market across the globe. For example, in December 2023, Legrand introduced the Legrand Structured Wiring Enclosure UPS (UPS-SC600) for connected smart homes. Moreover, it features six surge-protected outlets, usually connected to a battery backup system. It comes in a small form factor to fit practically anywhere, even within a structured wiring enclosure. Additionally, in February 2023, SPAN, one of the residential energy storage device providers, developed a smart electrical enclosure that provides monitoring and load balancing of up to 32 circuits. In line with this, it is compatible with any grid-tied solar inverter and with battery backup systems. Furthermore, the growing popularity of enclosures that are equipped with connectivity features and sensors that enable remote monitoring and management of electrical systems also represents one of the electrical enclosure market opportunities. For instance, in March 2024, RMC Switchgears expanded its manufacturing capacity for SMC smart metering enclosures mainly to cater to the escalating demand for advanced metering infrastructure for smart payment (AMISP) projects. Similarly, in March 2024, Virgin Media O2 successfully trialed an innovative new way of expanding and improving mobile services by bringing together its fixed network infrastructure with new smart poles, which aid in boosting mobile coverage in local areas across the UK. It is further integrated with digital electricity technology. Apart from this, the growing need for protective casings that can safeguard sensitive sensors and data communication hardware is expected to catalyze the market over the forecasted period. For example, in May 2024, OKW extended its RAILTEC B range of DIN rail enclosures. It is a space-saving flat-profile variant for individual electronic devices that do not require multiple terminations. The ends are closed for mounting customer-specified connections and interfaces, including D-sub, USB, power supply, etc. The product variant is further ideal for applications such as smart factories, automation, building and safety technology, HVAC, measurement, communications, smart homes, lighting control, etc.

Increasing Number of Data Centers

Continuous improvements in cloud computing and data centers are augmenting the need for streamlining business operations and enhancing consumer services. This, in turn, is elevating the electrical enclosure market value. For example, in March 2024, one of the U.S. power management companies, Eaton, launched a novel modular data center solution that combines racks, cooling, and service enclosures to withstand up to 150kW of equipment load. Moreover, it is specifically designed for organizations looking to meet the increasing demand for machine learning, edge computing, AI, etc. Additionally, in March 2024, Rockwell Automation, Inc., one of the companies dedicated to industrial automation and digital transformation across the Asia Pacific, announced the regional availability of its CUBIC product line. CUBIC specializes in IEC-61439-compliant modular enclosure systems for the construction of power and electrical panels. In line with this, the variants cater to the data centers. Furthermore, as a brand of Elecprime, E-Abel provides custom electrical enclosures for data centers to ensure a stable data storage system. Besides this, the rising adoption of networking equipment is projected to offer lucrative opportunities to the industry players over the foreseeable future. For instance, in March 2024, Rittal LLC, one of the global manufacturers of industrial and IT enclosures, introduced the wall mount vented (WMV) outdoor UL 3R-type rated enclosure. This new variant accommodates easy in-field maintenance and features various core advantages, including integrated cooling, a durable design, easy access for routine maintenance, optimum corrosion protection, etc.

Rising Renewable Energy Projects

The growing inclination towards smart grid energy solutions, owing to the escalating electricity requirements, is increasing the electrical enclosure market demand. For example, in July 2023, Weidmuller USA released a product line of DC combiner boxes for the solar industry that offer users the ability to integrate short-circuit and overvoltage protection. Moreover, the rising emphasis on renewable energy solutions also requires robust electrical enclosures that can withstand elements like high winds, salt water, extreme temperatures, etc., which is acting as another significant growth-inducing factor. For example, nVent ERIFLEX provides low-voltage connection and distribution products for numerous applications, including fast DC chargers, battery packs, inverters, energy storage systems, transformers, combiner boxes, recombiners, the interconnection between electrical systems, etc. Apart from this, key players are focusing on protecting sensitive electronic components for energy storage solutions, thereby fueling the overall market. In April 2024, Schneider Electric launched a battery energy storage system (BESS) equipped with a small and hybrid 7-ft NEMA 3R enclosure. Additionally, with the capacity to store energy for immediate access during outages, BESS can deliver up to 2 MW of power when needed.

Global Electrical Enclosure Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with the electrical enclosure market forecast at the global and regional levels for 2024-2032. Our report has categorized the market based on the 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
   

Among these, junction enclosures currently exhibit a clear dominance in the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes junction, disconnect, operator interface, environment and climate control, and push button enclosures. According to the report, junction enclosures represented the largest market segmentation.

Junction enclosures play a crucial role in protecting electrical connections from environmental hazards and ensuring safety and reliability in electrical systems. These enclosures are designed to house and safeguard junctions where multiple cables or wires are connected, preventing exposure to moisture, dust, and other contaminants. Made from durable materials like plastic, metal, or fiberglass, junction enclosures provide a robust barrier against physical damage and corrosion. They are commonly used in residential, commercial, and industrial settings, offering versatile solutions for a wide range of applications. For example, in July 2023, Pratley, one of the manufacturers of innovative electrical termination products, launched the Flameproof Ex d Envirobox, a corrosion-resistant, direct-entry, polymeric, and flameproof junction enclosure. In addition to protection, junction enclosures also facilitate organized wiring and easy access for maintenance, reducing the risk of electrical faults and enhancing overall system performance. As per the electrical enclosure market segmentation, their adaptability to different environmental conditions and regulatory standards makes them an essential component in modern electrical infrastructure. In April 2024, Amphenol Industrial Operations officially announced the beginning of solar junction box manufacturing at its new factory in Arizona, U.S., producing approximately 3,000 junction boxes per day.

Breakup by Material Type:

• Metallic
• Nonmetallic
   

Currently, nonmetallic holds the largest electrical enclosure market share

The report has provided a detailed breakup and analysis of the market based on the material type. This includes metallic and nonmetallic. According to the report, nonmetallic materials represented the largest market segmentation.

Non-metallic materials are increasingly being used in electrical enclosures due to their unique benefits and versatility. Materials such as polycarbonate, fiberglass, and thermoplastics offer superior resistance to corrosion, making them ideal for harsh environments where metallic enclosures might degrade over time. For instance, in July 2023, Allied Moulded Products, Inc. unveiled their new 1099-AB adjustable fiberglass outlet box that provides optimal strength and durability, while also being lightweight and easy to handle. Non-metallic enclosures provide excellent electrical insulation, enhancing safety by minimizing the risk of short circuits and electrical hazards. In June 2023, AttaBox Enclosures, one of the manufacturers of high-performing non-metallic electrical and industrial enclosures, introduced its AttaBox weight distribution shelf and side panel that exhibits rugged support and improves installation quality. Additionally, they are highly customizable, allowing manufacturers to design enclosures with specific shapes, sizes, and features tailored to diverse industry needs. Their resilience to extreme temperatures and UV radiation further extends their suitability for outdoor and industrial applications, which is propelling the electrical enclosure market growth rate in this segmentation.

Breakup by Mounting Type:

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

Floor-mounted/free-standing enclosure represents the largest mounting type

The report has provided a detailed breakup and analysis of the market based on the mounting type. This includes wall-mounted enclosure, floor-mounted/free-standing enclosure, and underground. According to the report, floor-mounted/free-standing enclosure represented the largest market segmentation.

Floor-mounted or free-standing enclosures are essential components in electrical systems, offering robust protection and housing for larger electrical equipment and control panels. These enclosures are designed to be placed directly on the floor, providing a stable and secure environment for critical electrical components. Typically constructed from durable materials such as steel or aluminum, floor-mounted enclosures are engineered to withstand harsh industrial conditions, including exposure to dust, moisture, and mechanical impacts. For instance, in February 2024, Deye, one of the inverter manufacturers based in China, developed an all-in-one energy storage system (ESS) with 50 kW of output and 61.4 kWh of storage capacity. It is equipped with a floor-mount enclosure that provides an IP55-rated interior environment to protect the batteries and other sensitive components from moisture, dust, and other contaminants. They feature ample space for housing complex wiring and large devices, facilitating easy access for maintenance and upgrades. Additionally, these enclosures can be equipped with various accessories like mounting panels, ventilation systems, and cable management solutions to enhance their functionality. As per the electrical enclosure industry outlook, their versatility and durability make them a preferred choice for ensuring the safety and efficiency of electrical infrastructure in demanding environments.

Breakup by Form Factor:

• Small 
• Compact 
• Full-size 
   

The report has provided a detailed breakup and analysis of the market based on the form factor. This includes small, compact, and full-size.

Electrical enclosures come in various form factors to meet the diverse needs of different applications, ranging from small and compact to full-size units. Small and compact enclosures are typically used in residential and commercial settings where space is limited, and the electrical components are less complex. These enclosures are ideal for housing small circuit breakers, switches, and control panels, providing essential protection while maintaining a low profile. On the other hand, full-size enclosures are designed for industrial and large-scale commercial applications that require significant space for complex electrical systems, including extensive wiring, large control panels, and high-power equipment. Full-size enclosures offer robust protection against environmental factors such as dust, moisture, and mechanical impacts, ensuring the safety and reliability of critical electrical components. The form factor of an enclosure is a crucial consideration, as it directly impacts the ease of installation, accessibility for maintenance, and overall system efficiency, allowing for tailored solutions that match the specific demands of each application.

Breakup by Product Type:

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

The report has provided a detailed breakup and analysis of the market based on the product type. This includes drip-tight, hazardous environment, flame/explosion proof, dust-tight, and others.

According to the electrical enclosure market research report, various product types address the specific protection needs of different environments and applications. Drip-tight enclosures are designed to shield electrical components from dripping water and light moisture, making them suitable for indoor applications where occasional water exposure might occur. Enclosures for hazardous environments are built to withstand harsh conditions such as extreme temperatures, corrosive substances, and high humidity, ensuring the safety and longevity of electrical systems in industrial settings. Flame and explosion-proof enclosures are critical in industries like oil and gas, where the risk of fire or explosion is high; these enclosures are engineered to contain and suppress any internal ignition, preventing it from spreading to the external atmosphere. Dust-tight enclosures provide a sealed environment to protect sensitive electrical components from dust and particulate matter, which is essential in manufacturing and processing plants. Additionally, there are enclosures designed for specific needs, such as weatherproof, submersible, and EMI/RFI shielded enclosures, each offering tailored protection to ensure the reliability and safety of electrical systems in their respective applications.

Breakup by Design:

• Standard Type
• Custom Type
   

The report has provided a detailed breakup and analysis of the market based on the design. This includes standard type and custom type.

Electrical enclosures are available in both standard and custom designs to accommodate a wide range of application needs and preferences. Standard-type enclosures come in predefined sizes and configurations, offering a cost-effective and readily available solution for common electrical applications. These enclosures are ideal for general-purpose use and provide reliable protection for electrical components in various settings, from residential to industrial environments. On the other hand, custom type enclosures are tailored to specific requirements, allowing for modifications in size, shape, material, and internal layout to meet unique operational demands. Custom enclosures are particularly beneficial in complex or specialized applications where standard solutions may not provide adequate protection or functionality. For example, industries with unique environmental challenges or specific regulatory compliance needs often opt for custom-designed enclosures to ensure optimal performance and safety. The ability to customize every aspect of the enclosure, from entry points and mounting options to cooling systems and finish, ensures that the final product precisely matches the needs of the application, providing enhanced protection, efficiency, and durability.

Breakup by End-User:

• Power Generation
• Transmission and Distribution
• Other Electrical Equipment
   

Power generation accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the end-user. This includes power generation, transmission and distribution, and other electrical equipment. According to the report, power generation represented the largest market segmentation.

Electrical enclosures for power generation play a vital role in safeguarding the critical electrical infrastructure that ensures continuous and efficient energy production. These enclosures are designed to protect sensitive equipment such as generators, transformers, switchgear, and control systems from environmental hazards, mechanical impacts, and unauthorized access. For example, in June 2023, Weidmuller USA launched PV DC combiner boxes with engineered enclosures that offer exceptional performance, reliability, and flexibility for solar power applications in all industries. By ensuring the integrity and reliability of electrical components, these enclosures help prevent downtime, reduce maintenance costs, and enhance the overall safety and efficiency of power generation operations. Their design also includes considerations for easy access and maintenance, ensuring that essential systems remain operational and responsive to the dynamic demands of power generation.

Breakup by Region:

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

Asia Pacific currently dominates the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. According to the report, Asia Pacific accounted for the largest market share. 

The Asia Pacific electric enclosure market is experiencing significant growth, driven by rapid industrialization, urbanization, and increasing investments in infrastructure development. The region's burgeoning economies, such as China and India, are witnessing a surge in demand for advanced electrical systems across various sectors, including manufacturing, energy, and transportation. In February 2023, Hitachi Energy inaugurated a new high-voltage direct current (HVDC) and power quality factory in Chennai, India, to accelerate the integration of renewable sources and support the energy transition. Additionally, the growing focus on renewable energy projects and smart grid installations is further boosting the market, as these applications require specialized enclosures for protection and integration. For example, in March 2024, Rockwell Automation, Inc., one of the companies dedicated to industrial automation and digital transformation across Asia Pacific, announced the regional availability of its CUBIC product line. CUBIC specializes in IEC-61439-compliant modular enclosure systems for the construction of power and electrical panels. Technological advancements and stringent safety regulations are also encouraging the adoption of high-quality enclosures. For instance, in April 2024, OCulink introduced a GPU enclosure in China that is specifically designed to meet specific industry standards.

Competitive Landscape:

Companies are investing in research and development (R&D) activities to develop innovative products with advanced features, such as IoT-enabled enclosures, better thermal management, and modular designs. Additionally, many electrical enclosure manufacturers are forming strategic partnerships with tech firms, material suppliers, and competitors to accelerate innovation and gain access to specialized technologies. Apart from this, they are setting up local production units and distribution channels to reduce shipping and manufacturing costs and allow them to adapt products to local needs. Furthermore, they are focusing on online sales channels and digital marketing strategies to reach a broader audience and offer convenient purchase options.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major electrical enclosure market companies have also been provided. Some of the key players in the 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.
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Electrical Enclosure Market Developments:

• June 2024: Rencol Components extended its range of enclosure hardware with four new types of hinges specifically designed for machinery and electrical cabinets.
• May 2024: OKW introduced its RAILTEC B range of DIN rail electric enclosures that do not require multiple terminations.
• April 2024: Schneider Electric, one of the energy management companies based in France, developed a novel battery energy storage system (BESS) for microgrids. It is commonly available in two enclosure sizes and has different storage configurations.

Electrical Enclosure Market Report Scope:

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the electrical enclosure market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global electrical enclosure market.
• The study maps the leading, as well as the fastest-growing, regional markets.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the electrical enclosure industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.