Thursday, 19 July 2018

Rittal (Germany) and Schneider (France) are the Key Players in the Electric Enclosure Market

The electric enclosure market is expected to be valued at USD 7.91 Billion by 2023, growing at a CAGR of 6.27% during the forecast period. Factors that will be driving this market include the increasing demand for enclosures from renewable energy sector, stringent safety and process regulations which is forcing users to look for enclosures that are compliant to regulations, and increased focus on connected cities in developing regions.

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownload.asp?id=6953934

Rittal (Germany), Schneider (France), Pentair (UK), Emerson (US), Eaton (US), ABB (Switzerland), Hammond (Canada), and Hubbell (US) are major industry players in the electric enclosure market. Product launches and developments, mergers and acquisitions, expansions, agreements, collaborations, joint ventures, and partnerships are some of the key strategies adopted by major players to gain a competitive edge in this market.  

Rittal (Germany) operates through three segments: product, software, and system consulting. In the product segment, the company offers enclosures and climate control, power distribution, and IT infrastructure-related products. In the enclosures category, the company provides small enclosures, compact enclosures, enclosure systems, IT enclosure systems, IT enclosures, console systems, console PCs, enclosure systems for industrial workstations, operating housings, support arm systems, stand systems, hygienic design, stainless steel, special applications, and outdoor enclosures. 

The company caters to industries such as IT, manufacturing and process, power and energy, and others. Rittal operates 11 production units in Germany, the US, China, India, Italy, and the UK. In June 2017, Rittal introduced climate control technology for its enclosures with water cooling feature. These hygienic design air/water heat exchangers are ideal for the food & beverage industry.

Schneider (France) operates through four segments: buildings & partner, industry, infrastructure, and IT business. In the buildings & partner segment, the company provides electrical enclosures under the category of electrical distribution products and solutions. The product line is named as Universal Enclosures, which has been subsegmented into steel-mounted enclosures, steel-floor standing enclosures, stainless-steel enclosures, insulating enclosures, thermal management systems, and accessories. The company also provides product & service support to energy & power, oil & gas, transportation, weather intelligence, information technology, security system, process & machine management, food & beverages, automotive, and water processing applications. Schneider has more than 50 years of experience in manufacturing multipurpose enclosures, thermal management solutions, and electrical control systems for electrical distribution and telecom industries. In January 2017, Schneider acquired renewable choice energy which offers businesses with consulting services and solutions that promote the use of clean energy.  

Other major companies operating in the electric enclosure market are AZZ (US), Fibox (Finland), Eldon (Spain), Socomec (France), Leviton Manufacturing (US), Adalet (US), and Saginaw Controls and Engineering (US).


About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

No comments:

Post a Comment