Europe Electric Enclosure Market, By Material (Non Metallic, Metallic), Mounting Type (Wall Mounted, Free Standing, Underground), Usage (Indoor, Outdoor), Application (Dust Tight, Hazardous Equipment, Drip Tight, Flame Explosion), Design (Standard, Custom), Form Factor (Compact, Free Size, Small), Vertical (Power Generation and Distribution, Oil and Gas, Medical, Food and Beverages, Metal and Mining, Transportation, Pulp and Paper), Country (Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights: Europe Electric Enclosure Market
The electric enclosure market is expected to witness market growth at a rate of 5.00% in the forecast period of 2021 to 2028. Data Bridge Market Research report on electric enclosure market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The surge in demand for the product for various industrial applications is escalating the growth of electric enclosure market.
Electric enclosure refers to a cabinet that is meant for electrical components where electrical or electronic equipment such as knobs, display and switches are being mounted. The product is utilized for securing content in harsh environment. It also protects people from electric shocks or explosion. IP rating is an international standard of EN 60529 that is used for defining the sealing level of electrical enclosures against intrusion from water and dirt.
The rise in demand for electricity across the region acts as one of the major factors driving the growth of electric enclosure market. The surge in need for protection of the workplace and workforce because of the growing power and industrial infrastructure, and increased cost of industrial maintenance operations accelerate the market growth. The high usage of electrical enclosures for safety purposes in energy generation sector to prevent system failures and rise in demand of the product for electromechanical, mechanical, and solid-state devices, components, and controls that need to be enclosed for safety and aesthetic purposes further influence the market. Additionally, increase in infrastructure developments, rapid urbanization, growth in population and growth in awareness regarding safety positively affect the electric enclosure market. Furthermore, rise in importance of customer services and need of IIoT-enabled enclosures extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns regarding seal leakage problems in electric enclosures and price competitiveness are expected to obstruct the market growth. Issues with minimizing lead time are projected to challenge the electric enclosure market in the forecast period of 2021-2028.
This electric enclosure market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, 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, geographical expansions, technological innovations in the market. To gain more info on electric enclosure market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Electric Enclosure Market Scope and Market Size
The electric enclosure market is segmented on the basis of material, mounting type, usage, application, design, form factor and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the electric enclosure market is segmented into non-metallic and metallic. Non-metallic is further segmented into aluminum, stainless steel, mild steel and others. Metallic is further segmented into fiberglass, polycarbonate, PVC and polyester.
- On the basis of mounting type, the electric enclosure market is segmented into wall mounted enclosures, free standing enclosure and underground electric enclosure.
- On the basis of usage, the electric enclosure market is segmented into indoor and outdoor.
- On the basis of application, the electric enclosure market is segmented into dust tight, hazardous equipment, drip tight, flame/explosion and others.
- On the basis of design, the electric enclosure market is segmented into standard and custom.
- On the basis of form factor, the electric enclosure market is segmented into compact electric enclosures, free size electric enclosures and small enclosures.
- On the basis of vertical, the electric enclosure market is segmented into power generation and distribution, oil and gas, medical, food and beverage, metals and mining, transportation, pulp and paper and others.
Europe Electric Enclosure Market Country Level Analysis
The digital signage market is analyzed and market size insights and trends are provided by country, material, mounting type, usage, application, design, form factor and vertical as referenced above.
The countries covered in the Europe electric enclosure market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey and Rest of Europe in Europe.
Germany dominates the Europe electric enclosure market due to the advancements in the technology within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Electric Enclosure Market Share Analysis
The electric enclosure market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric enclosure market.
The major players covered in the electric enclosure market report are Rittal Gmbh & CO. KG., Schneider Electric, ABB Ltd, Emerson Electric Co., Pentair plc., Azz Incorporated, Legrand Sa, Hubbell Incorporated, Socomec Group Sa, Hammond Manufacturing Ltd, Fibox, Saginaw Control And Engineering, Adalet ltd., Eldon Holding Limited, Ensto, Gewiss S.p.A., Phoenix Mecano AG, Omega Engineering Inc., Allied Moulded Products Ltd, and Klassen Custom Fabrication Ltd, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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