Electrical Enclosure - Global Market Outlook (2016-2022)

Electrical Enclosure - Global Market Outlook (2016-2022)

  • Published: January 2017
  • ID: SMRC16245

According to Stratistics MRC, the Global Electrical Enclosure market is estimated at $4.99 billion in 2015 and is expected to reach $8.29 billion by 2022 growing at a CAGR of 7.15% from 2015 to 2022. The Primary factors driving the electrical enclosure market are attractive industrial automation, home automation segments and industrial safety regulations. Huge investments in renewable energy projects by various governments and heavy demand for process automation in food & beverage sector are the opportunities involved for the market growth. The high price of enclosures and highly fragmented market are the major restraints for the market growth.

The smart home equipment penetration is expected to boost the demand for electrical enclosure market. Asia Pacific electrical enclosure market is expected to register a significant CAGR during the forecast period. Stringent government regulations against emission, increasing automotive production, changing consumer preferences are some of the factors which are influencing the market growth in Asia Pacific region.

Some of the key players in the market include General Electric, Emerson Electric Company, Eaton Corporation, Rittal GmbH & Co. KG, ABB Ltd., Legrand, Siemens AG, Adalet Inc, Schneider Electric SE, Hubbell, Inc., Eldon Holding AB, AZZ, Inc. and Pentair PLC.

Materials Covered:
• Metallic
o Aluminum
o Mild-Steel
o Stainless Steel
• Non-Metallic
o Plastic/ Polyvinyl Chloride (PVC)
o Polycarbonate
o Polyester
o Fiberglass

Form Factors Covered:
• Small
• Compact
• Free-Size

Product Types Covered:
• Flame/Explosion-Proof
• Dust-Tight
• Drip-Tight
• Hazardous Environment
• Other Product Type

End Users Covered:
• Energy & Power
• Food & Beverages
• Commercial & Industrial
• Transportation
• Other End Users  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain  
o Rest of Europe    
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific    
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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