Semiconductors and Electronics

Image

Global Electric Enclosure Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Jul 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Electric Enclosure Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 12310.00 Million
Diagram Market Size (Forecast Year) USD 20758.75 Million
Diagram CAGR %

Global Electric Enclosure Market, By Material Type (Metallic Enclosures, Non-Metallic Enclosures), Mounting Type (Wall-Mounted Enclosure, Free-Standing Enclosure, Underground Electric Enclosure), Form Factor (Small Enclosures, Compact Electric Enclosures, Free-Size Electric Enclosures), Industry Vertical  (Power Generation and Distribution, Oil and gas, Metals and Mining, Medical, Pulp and Paper, Food and Beverages, Transportation, Others) - Industry Trends and Forecast to 2030.

Electric Enclosure Market Analysis and Size

The global electric enclosure market is segmented based on material type, mounting type, form factor, and industry vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core influencing areas and the difference in your target markets.

Data Bridge Market Research analyses that the global electric enclosure market, which was USD 12,310.00 million in 2022, would rocket up to USD 20,758.75 million by 2030 and is expected to undergo a CAGR of 6.75% during the forecast period. “Metallic enclosures” lead the material type segment as they provide physical protection for electrical components against external factors like dust, dirt, moisture, and other contaminants. They also safeguard against accidental contact and protect against potential hazards, ensuring the safety of both equipment and personnel. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Electric Enclosure Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Material Type (Metallic Enclosures, Non-Metallic Enclosures), Mounting Type (Wall-Mounted Enclosure, Free-Standing Enclosure, Underground Electric Enclosure), Form Factor (Small Enclosures, Compact Electric Enclosures, Free-Size Electric Enclosures), Industry Vertical  (Power Generation and Distribution, Oil and gas, Metals and Mining, Medical, Pulp and Paper, Food and Beverages, Transportation, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

Rittal (Germany), Hoffman (Pentair) (U.S.), Schneider Electric (Germany), Legrand (France), ABB (Sqitzerland), Eaton (Ireland), Hammond Manufacturing (Canada), Fibox (Finland), Adalet (U.S.), Hubbell (U.S.), Eldon (Nortek) (Italy), Bud Industries (U.S.), Stahlin Enclosures (U.S), Siemens (Germany)

Market Opportunities

  • Advancements in enclosure materials and technologies, such as lightweight and corrosion-resistant materials
  • Increasing demand for modular and customizable enclosures
  • Expansion of the data center industry and the need for scalable enclosure solutions

Market Definition

The global electric enclosure market refers to the segment of the electrical equipment industry that focuses on the production, distribution, and sale of enclosures or cabinets designed to protect electrical components and systems. Electric enclosures safeguard various electrical devices, such as switches, circuit breakers, control panels, meters, and other sensitive equipment.

Global Electric Enclosure Market Dynamics

Drivers

  • Increasing investments in infrastructure development and industrial automation

Infrastructure projects and industrial automation initiatives drive the demand for electric enclosures to protect electrical components in various applications.

  • Growing demand for renewable energy systems and smart grids

The shift towards renewable energy and the implementation of smart grid systems require robust electric enclosures to house critical components.

  • Stringent safety regulations and standards across industries

Strict safety regulations and standards mandate using reliable and secure enclosures to protect personnel and equipment from electrical hazards.

Opportunity

  • Advancements in enclosure materials and technologies, such as lightweight and corrosion-resistant materials

Innovations in materials and technologies offer opportunities to develop more efficient, durable, and cost-effective electric enclosures.

Restraint/Challenge

  • Volatile raw material prices affecting manufacturing costs

Fluctuations in the prices of raw materials used in electric enclosures can impact manufacturing costs and profitability.

This global electric enclosure market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Electric Enclosure market, contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

  • In July 2022, Schneider Electric announced the launch of PrismaSet S, a new series of enclosures designed to bring commercial and industrial power distribution installations to parity with residential installations and increase their resistance to harsh applications. PrismaSet S supports Schneider Electric’s commitment to being more sustainable by using recycled plastic materials in manufacturing
  • In March 2022, Magna International announced it would expand its battery case business in Canada to support Ford Motor’s new business. The new 170,000-square-foot facility is expected to create up to 150 new jobs and produce battery cases for Ford F-150 lighting.

Global Electric Enclosure Market Scope

The global electric enclosure market is segmented on the basis of material type, mounting type, form factor, and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type

  • Metallic Enclosures
  • Non-Metallic Enclosures

Mounting Type

  • Wall-Mounted Enclosure
  • Free-Standing Enclosure
  • Underground Electric Enclosure

Form Factor

  • Small Enclosures
  • Compact Electric Enclosures
  • Free-Size Electric Enclosures

Industry Vertical

  • Power Generation and Distribution
  • Oil and gas
  • Metals and Mining
  • Medical
  • Pulp and Paper
  • Food and Beverages
  • Transportation
  • Others

Global Electric Enclosure Market Regional Analysis/Insights

The global electric enclosure market is analyzed, and market size insights and trends are provided by material type, mounting type, form factor, and industry vertical, as referenced above.

The countries covered in the global electric enclosure market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.

The U.S. is expected to dominate the global electric enclosure market and has the fastest growth rate as the U.S. has a strong culture of innovation and technological advancements. American companies invest heavily in research and development, leading to the development of advanced technologies and solutions in the market.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The global electric enclosure market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Global Electric Enclosure market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the Electric Enclosure market. The data is available for the historic period 2015-2020.

Competitive Landscape and Global Electric Enclosure Market Share Analysis

The global electric enclosure market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global electric enclosure market.

Some of the major players operating in the global electric enclosure market are:

  • Rittal (Germany),
  • Hoffman (Pentair) (U.S.),
  • Schneider Electric (Germany),
  • Legrand (France),
  • ABB (Sqitzerland),
  • Eaton (Ireland),
  • Hammond Manufacturing (Canada),
  • Fibox (Finland),
  • Adalet (U.S.),
  • Hubbell (U.S.),
  • Eldon (Nortek) (Italy),
  • Bud Industries (U.S.),
  • Stahlin Enclosures (U.S),
  • Siemens (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Electric Enclosure Market will be worth USD 20,758.75 million by 2030.
The Electric Enclosure Market Growth Rate is 6.75% during the forecast period.
The Stringent safety regulations and standards across industries, Growing demand for renewable energy systems and smart grids, and Increasing investments in infrastructure development and industrial automation are the Growth Drivers of the Electric Enclosure Market.
The material type, mounting type, form factor, and industry vertical are the factors on which the Electric Enclosure Market research is based.
Schneider Electric announced the launch of PrismaSet S, a new series of enclosures designed to bring commercial and industrial power distribution installations to parity with residential installations and increase their resistance to harsh applications and Magna International announced it would expand its battery case business in Canada to support Ford Motor’s new business are the latest developments in the Electric Enclosure Market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials