Global Electric Enclosure Market Size, Share & Trends Analysis Report, By Material (Metallic and Non-Metallic), By Vertical (Energy and Utilities, Industrial, IT and Telecommunication, Process Industries, and Other) and Forecast, 2020-2026.
The global electric enclosure market is estimated to witness significant growth during the forecast period. Rising demand in the food and beverage sector is one of the pivotal factors driving market growth. Enclosures for electrical and switchgear equipment are crucial across the production and engineering sectors which includes food and beverage manufacturing firms. For sensitive electrical components, the enclosure develops a protective environment and protects operatives from coming into contact with the electrical circuitry. Enclosures are particularly designed to fulfill the needs of food and beverage manufacturing lines that are normally known as “Hygienic Design” enclosures. Everything which is linked with a food manufacturing line must fulfill the required standards for cleanliness, and that comprises the enclosures for the protection of electrical equipment that fuels any concerned automated processes. Owing to the design characteristics, these enclosures are commonly referred to as ‘Hygienic Design’ (HD) enclosures. HD products offer a solution to plant operators and mechanical engineers that eliminates the hazards of high-pressure applications.
Geographically, Asia-Pacific is estimated to witness enormous growth during the forecast period owing to the rising industrialization and increasing renewable energy sector in the region. Government initiatives to enhance industrialization. In May 2015, the Chinese government revealed the Made in China (MIC) 2025 initiative which aims to enhance productivity, improve the Chinese economy, and conduct advances in industrial processes. Under the initiative, the Chinese government is performing the task of advancing infrastructure and accelerate technological developments. This leads to an increasing demand for electric enclosures in industrial facilities to prevent physical damage to components and protect workers from accidentally contacting some parts.
Some key players in the market include ABB Ltd., Schneider Electric SE, Legrand SA, Rittal GmbH & Co. KG, and Hubbell Inc. The strategies adopted by the market players to increase market share include mergers and acquisitions and partnerships and collaborations. For instance, in May 2019, Rittal launched the AX and KX enclosures that are fixed with digital processes. This new range delivers easier, increased safety, greater flexibility, and component installation, and faster assembly. These are redesigned with the principles of Industry 4.0.
Research Methodology
The market study of the global electric enclosure market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. Global Electric Enclosure Market Research and Analysis by Material
2. Global Electric Enclosure Market Research and Analysis by Vertical
The Report Covers:
The global electric enclosure market is estimated to witness significant growth during the forecast period. Rising demand in the food and beverage sector is one of the pivotal factors driving market growth. Enclosures for electrical and switchgear equipment are crucial across the production and engineering sectors which includes food and beverage manufacturing firms. For sensitive electrical components, the enclosure develops a protective environment and protects operatives from coming into contact with the electrical circuitry. Enclosures are particularly designed to fulfill the needs of food and beverage manufacturing lines that are normally known as “Hygienic Design” enclosures. Everything which is linked with a food manufacturing line must fulfill the required standards for cleanliness, and that comprises the enclosures for the protection of electrical equipment that fuels any concerned automated processes. Owing to the design characteristics, these enclosures are commonly referred to as ‘Hygienic Design’ (HD) enclosures. HD products offer a solution to plant operators and mechanical engineers that eliminates the hazards of high-pressure applications.
Geographically, Asia-Pacific is estimated to witness enormous growth during the forecast period owing to the rising industrialization and increasing renewable energy sector in the region. Government initiatives to enhance industrialization. In May 2015, the Chinese government revealed the Made in China (MIC) 2025 initiative which aims to enhance productivity, improve the Chinese economy, and conduct advances in industrial processes. Under the initiative, the Chinese government is performing the task of advancing infrastructure and accelerate technological developments. This leads to an increasing demand for electric enclosures in industrial facilities to prevent physical damage to components and protect workers from accidentally contacting some parts.
Some key players in the market include ABB Ltd., Schneider Electric SE, Legrand SA, Rittal GmbH & Co. KG, and Hubbell Inc. The strategies adopted by the market players to increase market share include mergers and acquisitions and partnerships and collaborations. For instance, in May 2019, Rittal launched the AX and KX enclosures that are fixed with digital processes. This new range delivers easier, increased safety, greater flexibility, and component installation, and faster assembly. These are redesigned with the principles of Industry 4.0.
Research Methodology
The market study of the global electric enclosure market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. Global Electric Enclosure Market Research and Analysis by Material
2. Global Electric Enclosure Market Research and Analysis by Vertical
The Report Covers:
- Comprehensive research methodology of the global electric enclosure market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global electric enclosure market.
- Insights about market determinants which are stimulating the global electric enclosure market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB, Ltd.
- Adalet/Scott Fetzer Co.
- Allied Moulded Products, Inc.
- Austin Electrical Enclosures
- AZZ, Inc.
- Eaton Corp.
- Emerson Electric Co.
- Fibox Oy Ab
- Hammond Manufacturing, Ltd.
- Hubbell, Inc.
- Klassen Custom Fabrication, Inc.
- Legrand SA
- Leviton Manufacturing, Ltd.
- nVent Electric plc
- OMEGA Engineering Inc.
- Pentair plc
- Rittal GmbH & Co. KG
- Saginaw Control and Engineering
- Schneider Electric SE
- Socomec Group
