power generation & distribution industry is expected to lead the electric enclosure market by 2023

The electric enclosure market is likely to witness steady growth in the coming years because of the upturn in the oil & gas industry and the demand for hygienic type enclosures valves in the food & beverages industry. The market is expected to grow from USD 5.84 Billion in 2017 to USD 7.91 Billion by 2023, at a CAGR of 6.27% between 2018 and 2023. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of mounting type, material type, form factor, industry vertical, and geography. The report provides detailed information regarding the major factors influencing the growth of the electric enclosure market.

Download PDF Brochure:-

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6953934

"The power generation & distribution industry is expected to lead the electric enclosure market between 2017 and 2023”

Among various applications, the power generation & distribution industry is expected to account for the largest size of the overall electric enclosure market between 2017 and 2023. Electric enclosures are used to protect critical equipment and circuitry in the power generation & distribution industry. These enclosures should be able to withstand harsh environmental conditions. Electric enclosures enhance the safety of end users and electronic/electric equipment, even in energy-generation stations. Similarly, in power transmission & distribution, electric enclosures are used to keep the circuitry safe from external damage. APAC will lead the demand for electric enclosures in the power generation & distribution segment during the forecast period.

“APAC expected to lead the electric enclosure market between 2018 and 2023”



APAC is expected to hold the largest size of the electric enclosure market during the forecast period. Key factor driving the electric enclosure market in APAC is the growing demand for energy & power from both residential and commercial sectors.

Rittal (Germany), Schneider (France), Pentair (UK), Emerson (US), Eaton (US), ABB (Switzerland), Hammond (Canada), and AZZ (US) are the major industry players in the electric enclosure market.

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. Sanjay Gupta

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

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).

• Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=6953934

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

Electric Enclosure Market estimated to reach worth 7.91 Billion USD by 2023

The electric enclosure market is expected to grow from USD 6.15 Billion in 2018 to USD 7.91 Billion by 2023, at a CAGR of 6.27%. 

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

 

Key factors driving the growth of the electric enclosure market are the demand for Industrial Internet of things (IIoT) enabled enclosures, the growing demand for hygienic enclosures in food & beverages industry, and the adoption of intelligent transport systems (ITS) in the transportation vertical. Key industry players adopt organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, expansions, agreements, collaborations, joint ventures, and partnerships to drive the growth of the market.

“The power generation & distribution industry is expected to lead the electric enclosure market between 2017 and 2023”

Among various applications, the power generation & distribution industry is expected to account for the largest size of the overall electric enclosure market between 2017 and 2023. Electric enclosures are used to protect critical equipment and circuitry in the power generation & distribution industry. These enclosures should be able to withstand harsh environmental conditions. Electric enclosures enhance the safety of end users and electronic/electric equipment, even in energy-generation stations. Similarly, in power transmission & distribution, electric enclosures are used to keep the circuitry safe from external damage. APAC will lead the demand for electric enclosures in the power generation & distribution segment during the forecast period.

“The market for underground electric enclosures is expected to grow at the highest CAGR between 2018 and 2023”

Among mounting type, the underground type of electric enclosures is expected to grow at the highest CAGR during the forecast period. This will be owing to their low maintenance cost and increased adoption in power transmission segment in underground cabling of electricity lines.

“APAC expected to lead the electric enclosure market between 2018 and 2023”

APAC is expected to hold the largest size of the electric enclosure market during the forecast period. Key factor driving the electric enclosure market in APAC is the growing demand for energy & power from both residential and commercial sectors.

Rittal (Germany), Schneider (France), Pentair (UK), Emerson (US), Eaton (US), ABB (Switzerland), Hammond (Canada), and AZZ (US) are the major industry players in the electric enclosure market.

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=6953934

 

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

Study Projects an Expected $ 7.91 Billion Global Value in Electrical Enclosure by 2023

The electric enclosure market is likely to witness steady growth in the coming years because of the upturn in the oil & gas industry and the demand for hygienic type enclosures valves in the food & beverages industry. The electric enclosure market is expected to grow from USD 5.84 Billion in 2017 to USD 7.91 Billion by 2023, at a CAGR of 6.27% between 2018 and 2023. 

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

The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the electric enclosure market on the basis of mounting type, material type, form factor, industry vertical, and geography. The report provides detailed information regarding the major factors influencing the growth of the electric enclosure market.

Major electric enclosure manufacturers have a tight control on the pricing of the products, which is forcing other manufacturers to reduce the price of products to remain in competition. The electric enclosure industry will witness healthy product development programs and innovations in the coming years.

The power generation & distribution industry is expected to lead the electric enclosure market between 2017 and 2023”

Among various applications, the power generation & distribution industry is expected to account for the largest size of the overall electric enclosure market between 2017 and 2023. Electric enclosures are used to protect critical equipment and circuitry in the power generation & distribution industry. These enclosures should be able to withstand harsh environmental conditions. Electric enclosures enhance the safety of end users and electronic/electric equipment, even in energy-generation stations. Similarly, in power transmission & distribution, electric enclosures are used to keep the circuitry safe from external damage. APAC will lead the demand for electric enclosures in the power generation & distribution segment during the forecast period.

“The market for underground electric enclosures is expected to grow at the highest CAGR between 2018 and 2023”

Among mounting type, the underground type of electric enclosures is expected to grow at the highest CAGR during the forecast period. This will be owing to their low maintenance cost and increased adoption in power transmission segment in underground cabling of electricity lines.

“APAC expected to lead the electric enclosure market between 2018 and 2023”

APAC is expected to hold the largest size of the electric enclosure market during the forecast period. Key factor driving the electric enclosure market in APAC is the growing demand for energy & power from both residential and commercial sectors.

Rittal (Germany), Schneider (France), Pentair (UK), Emerson (US), Eaton (US), ABB (Switzerland), Hammond (Canada), and AZZ (US) are the major industry players in the electric enclosure market.

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. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Electrical Enclosure Market $5,857.46 Million- Global Forecast to 2020

The total electrical enclosures market was valued at $4,021.02 Million in 2014 and is expected to reach $5,857.46 Million by 2020, at a CAGR of 6.4% between 2015 and 2020.

Download PDF brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=6953934
Browse 77 market data tables and 81 figures spread through 179 pages and in-depth TOC on “Electrical Enclosure Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html

This report on the market aims to identify the application of electrical enclosures in major industry verticals such as energy & power, commercial & industrial, food & beverages, transportation, and others.

The report’s detailed segmentation on the basis of form factor, material, product type,  industry verticals, and geography covers the overall electrical enclosures market.

The objective of the research study is to analyze the market trends for each of the metallic as well as non-metallic enclosures, the growth rates of various enclosure types in different industry verticals, and their comparison with respect to different geographies.

Apart from the market segmentation, the report also covers the Porter’s five force analysis, the market’s value chain with detailed process flow diagram, and market dynamics such as the drivers, restraints, and opportunities in the overall electrical enclosures market.

This report profiles the major companies involved in the electrical enclosures market including Rittal GmbH & Co. KG (Germany), Pentair Plc. (U.K.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Legrand (France), Hubbell, Inc. (U.S.), Eaton Corporation (Ireland), Eldon Holding AB (Sweden), ABB Ltd (Switzerland), and AZZ Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Electrical Enclosure Market Research Report Global Forecast to 2020

The total electrical enclosures market was valued at $4,021.02 Million in 2014 and is expected to reach $5,857.46 Million by 2020, at a CAGR of 6.4% between 2015 and 2020.
This report on the market aims to identify the application of electrical enclosures in major industry verticals such as energy & power, commercial & industrial, food & beverages, transportation, and others.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=6953934
Browse 77 market data tables and 81 figures spread through 179 pages and in-depth TOC on “Electrical Enclosure Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html
The factors such as the global increase in the residential & industrial infrastructure, expansion of the renewable energy & power sector, and increasing safety regulations in various industries are some of the factors driving the growth of the market.

This report profiles the major companies involved in the market including Rittal GmbH & Co. KG (Germany), Pentair Plc. (U.K.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Legrand (France), Hubbell, Inc. (U.S.), Eaton Corporation (Ireland), Eldon Holding AB (Sweden), ABB Ltd (Switzerland), and AZZ Inc. (U.S.).

Scope of the report:

This report categorizes the global electrical enclosure market on the basis of form factor, material, product type, industry, and geography.

Market based on form factor:

The market, according to form factor is segmented into three types, namely, small enclosure, compact enclosure, and free-size enclosure.

Market on the basis of material:

The market, according to materials, includes metallic and non-metallic.
Market on the basis of product type:

The electrical enclosure market, according to product types of the electrical enclosures covers drip-tight enclosure, dust-type enclosure, flame/explosion-proof enclosure, hazardous environment enclosure, and others.

Market based on industry verticals:

The market, according to industry verticals includes energy & power, commercial & industrial, food & beverage, transportation, and others.

Market based on geography:

The electrical enclosure market, on the basis of geography includes the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The cross segmentation data included in the report gives a deep insight into the regional markets.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Electrical Enclosure Market Analysis & Global Forecast to 2020

The electrical enclosures play a crucial role in housing and protecting the electrical /electronic equipment from water, oil, dust, and harsh environmental conditions.  The various industry verticals demand customized electrical enclosures to protect their electrical equipment in harsh environmental conditions. Materials that provide high impact resistance & low heat absorption with reliable efficiency are preferred in the industries such as energy & power, food & beverages, transportation, and others. This creates an opportunity for the manufacturers to design highly efficient standardized as well as customized electrical enclosures for these industries.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=6953934
 
The factors driving the growth of the electrical enclosures market are the trend of home automation and process automation, government rules & regulations regarding safety of the end user, and the growing residential & industrial infrastructure. However, the major restraints for the growth of the market are the high price of the standard enclosures and the highly fragmented market as many SMEs and private players play an important role in the supply chain of enclosure products. Custom enclosures with the highest level of customization and efficiency are in great demand, and the unique project requirements provide opportunities for the growth of the market.

Browse 77 market data tables and 81 figures spread through 179 pages and in-depth TOC on “Electrical Enclosure Market - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/electrical-enclosure-market-6953934.html

Scope of the report:

This report categorizes the global electrical enclosure market on the basis of form factor, material, product type, industry, and geography.

Market based on form factor:

The market, according to form factor is segmented into three types, namely, small enclosure, compact enclosure, and free-size enclosure.

Market on the basis of material:

The market, according to materials, includes metallic and non-metallic.

Market on the basis of product type:

The electrical enclosure market, according to product types of the electrical enclosures covers drip-tight enclosure, dust-type enclosure, flame/explosion-proof enclosure, hazardous environment enclosure, and others.

Market based on industry verticals:

The market, according to industry verticals includes energy & power, commercial & industrial, food & beverage, transportation, and others.
Market based on geography:

The electrical enclosure market, on the basis of geography includes the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The cross segmentation data included in the report gives a deep insight into the regional markets.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com