U.S. Electric Enclosure Market is growing with factors such as increasing adoption of industrial automation in multiple industry verticals. Increasing energy consumption owing to the growing infrastructure acts as a major factor for the growth of the market. Surge in adoption of smart grids have also given a boom to the U.S. electric enclosure market.
Growing emphasis on electrical equipment and operator safety has propelled the demand of the market. However, unnoticed rusting of the component due to lack of visibility and enclosure seal leakages has decreased the demand of the market.
U.S. Electric Enclosure Market Scenario
According to Data Bridge Market Research, the market for electric enclosure in U.S. is growing, where the market leader is ABB, which accounts an estimated market share of approximately 19% in the global market. The company has gained outstanding sale by providing multiple electric enclosure products. For instance,
- In April 2021, Hitachi ABB Power Grids a long term collaboration signed agreement with Atlas Renewable Energy for renewable energy projects in Americas. Through the collaboration the companies will integrate energy storage systems into the design of early development stage projects with Hitachi ABB providing electrical solutions and interconnections. This has enabled the company to enhance its reach in the U.S. market.
Trends Impacting the Market
The U.S. electric enclosure market is becoming more competitive with companies like ABB, Schneider Electric and Hubbell. These are the top dominating companies in the U.S. electric enclosure market and have launched novel products in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the U.S. electric enclosure market.
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U.S. Electric Enclosure New Market Developments 2021
- In March 2021, ABB joined hands with Amazon Web services to develop a cloud based digital solutions for quick electrification of transport fleets. ABB provided its power distribution solutions for charging stations integrated with AWS software for developing a reliable ecosystem for seamless experience. This helped the company to strengthen its product portfolio in different industry verticals of the market.
- In February 2021, Hubbell announced the acquisition of Beckwith Electric Co., Inc. a premier manufacturer of protection and control products for electric utility and industrial markets. This acquisition strengthened Hubbell’s capabilities in advanced distribution automation technology sold to utility customers. This enhanced the company’s product portfolio in power & utility business segment in the market.
Scope of the U.S. Electric Enclosure Market
Country based analysis of electric enclosure market is further analyzed based on maximum granularity into further segmentation. On the basis of material, the U.S. electric enclosure market has been segmented into metallic and non-metallic. On the basis of type, the U.S. electric enclosure market has been segmented into junction enclosures, disconnect enclosures, operator interface enclosure, environment and climate control enclosures, and push button enclosures. On the basis of design, the U.S. electric enclosure market has been segmented into standard type and custom type. On the basis of mounted type, the U.S. electric enclosure market has been segmented into wall mounted enclosures, floor-mounted/free standing enclosure, and underground. On the basis of form factor, the U.S. electric enclosure market has been segmented into small enclosure, compact enclosure, and free-size enclosure. On the basis of application, the U.S. electric enclosure market has been segmented into dust tight, hazardous environment, drip-tight, flame/explosion, and others. On the basis of verticals, the U.S. electric enclosure market has been segmented into power generation and distribution, oil & gas, metal & mining, medical, pulp & paper, food & beverages, transportation, and others.
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Key Pointers Covered in U.S. Electric Enclosure Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of U.S. electric enclosure market
- Company profiling of twenty players of U.S. electric enclosure market
Key Market Competitors Covered in the Report
- ABB
- Schneider Electric
- Hubbell
- nVent
- Emerson Electric Co.
- Adalet
- Austin Electric Enclosures
- BUD Industries
- Eaton
- Legrand SA
- Panduit
- Polycase
- Robroy Industries
- Saginaw Control and Engineering
Above are the key players covered in the report, to know about more and exhaustive list of gene synthesis companies’, contact us https://www.databridgemarketresearch.com/reports/u-s-electric-enclosure-market
Research Methodology: U.S. Electric Enclosure Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Electrical Engineers, Mechanical Engineers, and Safety Engineers among others.
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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