U.S. E-House Market is expected to grow with the CAGR of 6.3% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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U.S. e-house market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in U.S. e-house market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In February 2020, Eaton and Abunayyan Holding announced a joint venture in order to provide low and medium voltage switchgear in Middle East. The joint venture helped the company in expanding its global footprint delivering more profit and income to the company.
ABB is the dominating player in U.S. e-house market. The other key players existing in the market includes Powell Industries., JoaQuin Manufacturing, Myers Power Products, Inc., GENERAL ELECTRIC, Volta LLC. , Parkline, Inc. , Schneider Electric, Eaton, Siemens, IE Corp., ENGlobal Corporation, Delta Star Inc., Crown Technical Systems, AZZ Inc. and ESS METRON among others.
ABB
ABB is headquartered in Zurich, Switzerland and was founded in 1883. The company is engaged in providing products and software in electrification for various industries. The company offers wide range of products categories such as control room solutions, drives, electric vehicle charging infrastructure, low voltage products and systems, measurement and analytics, mechanical power transmission, medium voltage products, metallurgy products, motors & generators, plc automation, power converters and inverters and robotics among more in which low voltage products and systems, medium voltage products and oil, gas and chemical industry solution is the market focused categories.
For instance,
- In January 2021, ABB had a contract with Yatagan Termik Santrali Enerji Uretim A.S., one of Turkey's largest independent power producers. Yatagan Power Plant, located at Mugla site, produces 630MW of power for homes and businesses in the country's south-western region, and ABB will supply essential integrated control, cyber security, and automation technology. Under this acquisition, the plant will use ABB automation technology to achieve significant efficiency gains, increased flexibility in energy output, and the capacity to reduce outputs when demand falls. The project will involve the deployment of a new distributed control system (DCS), ABB ability System 800xA, for plant and turbine control, which has already commenced. This will help the company help to ensure compliance with European environmental regulations, as well as Primary Frequency Control (PFC) regulation & also for seamless integration of further digitalization solutions.
The company has wide global presence across Americas, Europe, Asia-Pacific, and Middle East and Africa. The company also generates revenue from various subsidiaries such as ABB Australia Pty Limited (Australia), ABB Ltda. (Brazil), Asea Brown Boveri (Egypt), ABB AG (Germany), ABB Pte. Ltd. (Singapore).
Schneider Electric
Schneider Electric is headquartered in Rueil Malmaison, France and was founded in 1836. The company is engaged in manufacturing and providing e-house electrical equipments and devices providing complete unique solution to it. The company offers solution categories such as residential and small business, low voltage products & systems, medium voltage switchgear and energy automation, industrial automation & control, building automation and control, solar and energy storage, critical power cooling & racks out of which medium voltage switchgear and energy automationis the market focused product category.
For instance,
- In June 2015, Schneider Electric participated at the 23rd International Conference on Electricity Distribution in France where the article on contribution of the HV/LV prefabricated substation standard and practices to the robustness of the prefabricated HV E-houses were performed. The company published an article for he distribution of high and low voltage electrical energy along with the regulation requirements and the standardization framework. The company enhanced its wide business portfolio generating more income and profit to it.
The company has presence across the globe in Americas, Europe, Asia-Pacific, and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Square D (U.S.), Aveva (U.K.), Clipsa (Australia), Luminous Power Technologies (India), Eurothermand (U.K.) and others.
Eaton
Eaton is headquartered in California, U.S. and was founded in 1911. The company is engaged in designing and providing range of inductive proximity sensors to the customers. The company operates in actuators and motion control, backup power, ups, surge & it power distribution, clutches and brakes conduit, cable and wire management, cylinders, differentials and traction control, ducting solutions, electrical circuit protection, electronic components, emobility and vehicle electrical components, enclosures, energy storage systems, engine solutions, filtration solutions, fuel systems, emissions and components, furniture, golf grips, hose, tubing, fittings and connectors, hydraulic motors and generators, hydraulic power units and power packs, industrial controls, drives, automation and sensors, lighting and controls, low-voltage power distribution & control systems, medium-voltage power distribution & control systems, plastics, process safety, automation, test and measurement, pumps, residential, safety, security & emergency communications, server racks, enclosures & airflow management, steering systems, support systems, transmissions, utility & grid solutions, valves, and wiring devices & connectivity out of which low voltage power distribution control systems, medium-voltage power distribution & control systems are the market focused categories.
For instance,
- In March 2021, Eaton completed the acquisition with Tripp Lite that enhanced the power distribution quality in business across the America. The acquisition helped in providing sustainable solutions for the usage of power management technologies and services. The company enhanced its business portfolio generating more income and profit to it.
The company has wide global presence across Americas, Europe, Asia-Pacific, and Middle East and Africa and generates revenue from subsidiaries such as Crouse-Hinds Company (U.S.), SOURIAU SAS (U.S.), Cooper Power Systems, LLC (U.S.), COOPER BUSSMANN INC (U.S.), Wright Line LLC (U.S.) and others.
