Electrical Enclosure Market

The latest report by IMARC Group, titled “Electrical Enclosure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on electrical enclosure market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

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 is a cabinet or box that houses electrical or electronic components to protect them from environmental hazards, mechanical impact, and unauthorized access. Crafted from materials such as steel, stainless steel, aluminum, or plastics, these enclosures are designed to withstand various environmental conditions, including humidity, dust, and corrosive substances. The chief mechanism of an electrical enclosure involves securely housing electrical circuitry while providing entry and exit points for electrical cables. The primary properties to consider include ingress protection ratings, which indicate the level of protection against dust and water, and the enclosure's ability to dissipate heat generated by the housed components. Electrical enclosures offer advantages such as enhanced safety, greater component lifespan, and compliance with regulatory standards.

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Market Trends:

The market is primarily driven by the rising demand for energy, requiring robust electrical infrastructures. In line with this, the focus on renewable energy installations is also propelling the market forward. Moreover, technological advances that allow for more intelligent, integrated enclosures are acting as significant growth inducers. In addition to this, growing industrial automation needs are resulting in higher investment in specialized enclosures. Besides this, the market is expanding due to the increased emphasis on safety and compliance with stringent regulatory standards. Additional factors contributing include the adoption of the Internet of Things (IoT) technologies, the requirement for weather-resistant enclosures in outdoor settings, and the globalization of manufacturing industries. Lastly, ongoing research and development activities aim to produce enclosures with enhanced material properties and smart functionalities, thereby adding to market growth.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• 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.

Electrical Enclosure Market Segmentation:

Our report has categorized the market based on region, 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:

• North America (United States, Canada)

• Europe (Germany, France, United Kingdom, Italy, Spain, Others)

• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2017-2022)

• Market Outlook (2023-2028)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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